Open innovation in business and research (1682)
  
Coordinating lecturer :Prof. dr. Stijn KELCHTERMANS 

Language of instruction : English
Credits: 6,0
  
Period: semester 1 (6sp)
  
2nd Chance Exam1: Yes
  
Final grade2: Numerical
 
Exam contract: not possible
 
Sequentiality
 
   No sequentiality

Prerequisites

Undergraduate courses in economics and strategy are recommended prerequisite knowledge. This includes concepts like economies of scale and scope, (in)direct network effects and contestable markets. Prior knowledge of tools like the business model canvas will also facilitate absorption of the course material. However, each of the concepts and tools in the course will be explained for students who are unfamiliar with them.


Content

This concerns a transition curriculum. No contact sessions are provided. The student is only required to participate in the evaluation.

This course aims to familiarize students with the management of innovation in an ‘open’ context, in which the boundaries of the firm are increasingly blurred. As a basis, students are provided with the necessary frameworks to understand how firms have gradually evolved to a more open innovation practice and how this has resulted in the opening up of their business models. Subsequently, different contexts in which firms interact with customers and other firms are discussed, such as technology markets, technology platforms and user co-innovation systems. Finally, we take a more aggregate view to understand how firms are part of innovation networks and how these networks constitute a valuable resource. In particular, students are introduced to the principles of ‘systems thinking’ in order to assess the broader ecosystem of the firm from an innovation perspective.


Organisational and teaching methods
Organisational methods  
Lecture ✔  


Evaluation

Semester 1 (6,00sp)

Evaluation method
Written exam100 %
Transfer of partial marks within the academic year✔
Conditions transfer of partial marks within the academic yearonly if you pass
Closed-book ✔

Second examination period

Evaluation second examination opportunity different from first examination opprt
No
 

Compulsory course material
 

All course material will be distributed through Blackboard.
 

Remarks
 

This concerns a transition curriculum. No contact sessions are provided. The student is only required to participate in the evaluation.


Learning outcomes
Master of Business Economics
  •  EC 

    • EC 04: The holder of the degree works in a team and displays leadership skills with a multidisciplinary approach to a business problem. (Teamwork)

  •  EC 

    • EC 05: The holder of the degree communicates clearly and correctly in writing and orally, in a business and academic context, if necessary supplemented with visual support. (Communication)

  •  EC 

    • EC 10: The holder of the degree integrates the perspective of stakeholders when making decisions in an organizational context. (Stakeholder awareness)

  •  EC 

    • EC 15: The holder of the degree is able to apply in-depth insights and argumentation methods from business science and relevant supporting and/or related disciplines in solving strategic policy issues. (Problem-solving capacity)

  •  EC 

    • EC 16: The holder of the degree is able to develop and adapt an organisation’s strategic policy with a view to creating value for the business and/or society. (Programme-specific competencies)

 
Master of Management
  •  EC 

    • EC 04: The holder of the degree works inclusively in a diverse and international team and displays leadership skills with a view to a multidisciplinary approach to management problems. (Teamwork)

     

  •  EC 

    • EC 05: The holder of the degree communicates clearly and correctly in English in writing and orally, in a business and academic context, if necessary supplemented with visual support. (Communication)

     

  •  EC 

    • EC 10: The holder of the degree integrates the perspective of intern and extern stakeholders when making decisions in an organizational context. (Stakeholder awareness)

     

  •  EC 

    • EC 13: The holder of the degree is able to formulate, analyze, and answer complex management issues within a VUCA world from a systems perspective, providing innovative and scientifically grounded recommendations using strategic and conceptual perspectives.

     

  •  EC 

    • EC 14: The holder of the degree is able to substantiate management proposals and organizational strategy in an evidence-based way by applying management theories and models, with specific attention to the fundamentals: managing people, projects, processes, and organizations. (Problem solving abilities)

     

 
  EC = learning outcomes      DC = partial outcomes      BC = evaluation criteria  
Offered inTolerance3
Exchange Programme Business Economics J
Master of Management: Strategy and Innovation Management J
master TEW-IO J



1   Education, Examination and Legal Position Regulations art.12.2, section 2.
2   Education, Examination and Legal Position Regulations art.15.1, section 3.
3   Education, Examination and Legal Position Regulations art.16.9, section 2.