Module overview
The UK government has recognised the importance of innovation and technology transfer in sustaining competitive advantage in the global knowledge economy. If successful innovation management is to take place, it is necessary to recognise when technology has commercial potential and evaluate how economic value might be captured.
Aims and Objectives
Learning Outcomes
Transferable and Generic Skills
Having successfully completed this module you will be able to:
- communicate ideas and arguments fluently and effectively in a variety of written formats and spoken formats;
- work effectively as an individual, or in a group;
- take a 'critical thinking' approach to the development of ideas;
- use library and other resources effectively, and apply bibliographical skills.
- identify own personal attributes applicable to a variety of peer work situations in work and non-work contexts;
Knowledge and Understanding
Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:
- the significance of innovation for competitive advantage;
- the significance of technology innovation to the sustainability of societies.
- how commercial potential is taken forward into a new or existing business;
- conceptual and theoretical models of innovation;
- the need to recognise and evaluate the commercial potential of innovation;
Subject Specific Intellectual and Research Skills
Having successfully completed this module you will be able to:
- apply problem-solving techniques;
- demonstrate knowledge and understanding of the role of incubators and science parks in supporting new businesses;
- critically evaluate a variety of theories and concepts relating to innovation;
- discuss the role of universities in the exploitation of the research knowledge base;
- develop insights into the competencies required to become an effective innovation manager.
Syllabus
- Introduction: Understanding innovation and its significance
- Evaluation of innovation
- Aligning technological potential with market constraints and
opportunities
- Pathways to commercial exploitation
- Protecting Intellectual Property
- Technological innovation and the challenges of sustainability transitions
- Capturing the benefits of innovation and capturing learning from innovation
- Assessing new developments: group presentation
- Aligning organisational, entrepreneurial and technological trajectories
- Evaluating commercial exploitation strategies
- The role of the university, incubators, science parks in supporting
innovation
Learning and Teaching
Teaching and learning methods
Teaching methods in this module are exclusively lectures. Student participation, small group activities, short case studies exploring real-life examples and other teaching methods will be integrated in the lectures as warranted. Lectures may include the use of videos, case studies, and, where possible guest speakers. You will be encouraged to reflect on your own intuitive skills and to explore these through negotiation with others in problem solving scenarios.
Learning activities:
- Lectures
- Case studies
- Private study
Contact= 24 hours approx
Guided study= 126 hours approx
Total study= 150 hours approx
Type | Hours |
---|---|
Independent Study | 126 |
Teaching | 24 |
Total study time | 150 |
Resources & Reading list
Textbooks
Duening, T.N., Hisrich, R.A. and Lechter, M.A. (2014). Technology Entrepreneurship: Taking Innovation to the Marketplace. Burlington: Elsevier Science.
Tidd, J. and Bessant, J. (2013). Managing Innovation: Integrating Technological, Market and Organizational Changes. London: Routledge.
Evers, N., Cunningham, J. and Hoholm, T. (2014). Technology entrepreneurship: bringing innovation to the marketplace.. Macmillan International Higher Education.
Schilling, M.A (2017). Strategic management of technological innovation. New York: McGraw-Hill Education.
Goffin, K. and Mitchell, R. (2017). Innovation management: Effective strategy & implementation. London: Palgrave.
Çetindamar, D., Phaal, R. and Probert, D. (2016). Technology management: activities and tools. Macmillan International Higher Education.
Assessment
Formative
This is how we’ll give you feedback as you are learning. It is not a formal test or exam.
Report
- Assessment Type: Formative
- Feedback: Formative feedback will be provided on a pre-submission version of the report. Written comments and a scoring rubric will be provided. The student will then be able to modify and resubmit the final version. Formative feedback will highlight strengths, including specific guidance on areas in the report that could be improved. Feedback will be provided online through TurnItIn/Blackboard.
- Final Assessment: No
- Group Work: No
Summative
This is how we’ll formally assess what you have learned in this module.
Method | Percentage contribution |
---|---|
Group presentation | 25% |
Report | 75% |
Referral
This is how we’ll assess you if you don’t meet the criteria to pass this module.
Method | Percentage contribution |
---|---|
Report | 100% |
Repeat
An internal repeat is where you take all of your modules again, including any you passed. An external repeat is where you only re-take the modules you failed.
Method | Percentage contribution |
---|---|
Report | 100% |
Repeat Information
Repeat type: Internal & External