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MN50418: Management of innovation

Follow this link for further information on academic years Academic Year: 2015/6
Further information on owning departmentsOwning Department/School: School of Management
Further information on credits Credits: 6
Further information on unit levels Level: Masters UG & PG (FHEQ level 7)
Further information on teaching periods Period: Semester 1
Further information on unit assessment Assessment Summary: EX 100%
Further information on unit assessment Assessment Detail:
  • Examination (EX 100%)
Further information on supplementary assessment Supplementary Assessment: Like-for-like reassessment (where allowed by programme regulations)
Further information on requisites Requisites:
Further information on descriptions Description: Aims:
The unit aims to introduce key innovation management concepts and principles, and to explore the skills required to manage product and process innovation at operational and strategic levels. The unit explores how firms can create market advantage, increase revenues and reduce costs and enhance competitiveness through innovation.

Learning Outcomes:
At the end of the course students will be able to:
* Identify and describe different types of innovations
* Identify the effects of institutions and national systems of innovation on the innovation management process
* Assess the skills and capabilities required to manage innovation in the design and introduction of process and product/service offerings
* Evaluate a set of enabling mechanisms and structures to encourage innovative behaviour
* Identify best practice in managing innovation across multiple sectors, such as benchmarking
* Identify the components of innovation strategy and its link with corporate strategy
* Assess the extent of innovativeness of any organisation.

Skills:
Problem solving; working independently; critical analysis written communication, reflective practice.

Content:
Innovation in practice, drivers and barriers
Key innovation theories
Innovation in a historical context,
Measuring innovation, including benchmarking
Innovation Management.
Further information on programme availabilityProgramme availability:

MN50418 is Compulsory on the following programmes:

School of Management
Notes:
* This unit catalogue is applicable for the 2015/16 academic year only. Students continuing their studies into 2016/17 and beyond should not assume that this unit will be available in future years in the format displayed here for 2015/16.
* Programmes and units are subject to change at any time, in accordance with normal University procedures.
* Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.