critically explore and differentiate between different models of innovation;

AIM(S):
• To provide students with a clear understanding of the importance of
innovation to business development, and the ability to critically review
models and characteristics of the innovation process.
LEARNING OUTCOMES:
Upon the successful completion of this module, the student should be able to:
• critically reflect on the innovation concept;
• recognise, analyse and apply creative thinking at the individual, team,
organisational and industry level;
• critically explore and differentiate between different models of innovation;
• critically assess characteristics of organisational knowledge and
organisational knowing.
LEARNING AND TEACHING:
A student–centred framework will be employed that inspires curiosity and develops
individual’s aspirations and concepts. Students will become familiar with concepts,
principles and practices relating to the topic via a range of different resources. The
conceptual, theoretical issues will underpin the approach – delivered during weekly
lectures the teaching strategy within these sessions will include group discussion,
the analysis of case studies (both paper based and video) documentary clips and
other media. Teaching sessions will be interactive and will involve students in
practical exercises that will develop wider understanding and provide extension
activities to “stretch and challenge” students in their learning and discussions.
Reflection and analysis will be key features to support this experiential learning
methodology.
INDICATIVE CONTENT:
• The concept of innovation from an inter-disciplinary perspective,
specifically from an individual, group, organisational, intra- and interorganisational
level.
• Closed and open innovation models, including Schumpeterian and postSchumpeterian
views.
• The process of innovation management.
• The role of creativity within the innovation process, including emergent and
prospective models of innovation.
• Individuals as innovators, including creativity and personal traits, social
interaction, experimentation and play.
• Innovation in groups including the factors that drive group/team innovation,
innovation implementation and creativity, and models of team innovation.
• The determinants of organisational innovation and organisational design.
• The seven-stage model of new product development and trends in
Research and Development.
• The concepts and processes of closed v. open innovation.
• Globally distributed innovation. The importance of organisational knowing,
including a review of useful practices v. best practices and the meaning of
‘boundary-less’ organisations and how these can enhance opportunities
for innovation.
• Inter-organisational innovation, including value constellations, drivers,
success factors, typologies and implications.
• The impact of increasing costs and complexity of Research and
Development