MODULE SPECIFICATION UNDERGRADUATE PROGRAMMES KEY FACTS. Technological Innovation & Practice

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1 MODULE SPECIFICATION UNDERGRADUATE PROGRAMMES KEY FACTS Module name Technological Innovation & Practice Module code MS3204 School Cass Business School Department or equivalent UG Programme UK credits 15 ECTS 7.5 Level 6 Delivery location (partnership programmes only) MODULE SUMMARY Module outline and aims Advances in technology are major sources of new products, new ways of organizing and new business models that cut across the economy. From high-tech industries (such as consumer electronics, aerospace and pharmaceutical) to traditional industries (such as advertisement, automotive and finance) advances in fundamental technologies such as digital, material sciences and biotechnology are reshaping products, the firms that produce them, and society. In whichever industry you are going to work, you likely to be confronted by the challenges and opportunities that new technologies offer to innovate and disrupt business. This module aims at giving you the knowledge and skills necessary to understand technology-based innovation and the processes through which you can manage it. To do so, the module combines classes with coursework, which will give you the opportunity to apply what you have learnt. Content outline The specific content of the module will change from year to year in order to remain relevant. Key topics may include: What is innovation, what are the main types of innovation and the role of technology in innovation Broad patterns of technological evolution and the relationships between science, technology and markets Sources of innovation Organizing for innovation Platforms innovation Open innovation Technology, accidents and the risk society Pre-requisites There are no strict prerequisites, although you might find knowledge of key concepts in

2 organizational behaviour and strategy useful. WHAT WILL I BE EXPECTED TO ACHIEVE? On successful completion of this module, you will be expected to be able to: Knowledge and understanding: Recognize the key factors that drive the impact of technological evolution on a firm s competitive position Describe the different sources of technological innovation Describe the key organizational processes connected to successful innovation Skills: Diagnose the opportunities and challenges that technological evolution offers to organizations Integrate market, technological and organizational considerations in evaluating possible innovations Enable innovation and reflective practice in teams Values and attitudes: Demonstrate an appreciation of the complex interactions between technology, markets and organizational processes in successful innovation Demonstrate an appreciation of the risks and uncertainty involved in innovation, for both the firms undertaking it and society Demonstrate an appreciation of ethical issues involved in technological innovation HOW WILL I LEARN? Lectures will be used to introduce context, concepts and techniques illustrated with practical and current examples. You will have the opportunity to develop your analytical and practical skills through the discussion of cases and exercises. As part of your coursework, you will be required to prepare group presentations that will help you develop this important skill. It is strongly recommended that you attend ALL lectures. Key learning and teaching resources will be put on Moodle. In the independent study time you are encouraged to read widely and in depth around the topics discussed in the lectures. In addition you will be preparing and undertaking your group coursework assignments and preparing for your final examination. Teaching pattern: Teaching component Teaching type Contact (scheduled) Self-directed study (independent) Placement Total student learning

3 Lecture Lecture Totals WHAT TYPES OF ASSESSMENT AND FEEDBACK CAN I EXPECT? Assessments Assessment will be based on a written exam and coursework. The coursework will be an opportunity for you to apply the knowledge gained in the module to a specific problem connected to technology-based innovation and will consist of one or more presentations. The coursework will help you develop the substantive knowledge of the module, as well as your ability to work in group and present your conclusions effectively. Assessment pattern: Assessment component Coursework - Group Projects Individual exam Assessment type Weighting Minimum qualifying mark Presentation 40% 0 N/A Written 60% 0 N/A Pass/Fail? Assessment criteria Assessment criteria are descriptions of the skills, knowledge or attributes you need to demonstrate in order to complete an assessment successfully and Grade-Related Criteria are descriptions of the skills, knowledge or attributes you need to demonstrate to achieve a certain grade or mark in an assessment. Assessment Criteria and Grade- Related Criteria for module assessments will be made available to you prior to an assessment taking place. More information will be available in the UG Assessment Handbook and from the module leader. Feedback on assessment Following an assessment, students will be given their marks and feedback in line with the Assessment Regulations and Policy. More information on the timing and type of feedback that will be provided for each assessment will be available from the module leader. Assessment Regulations

4 The Pass mark for the module is 40%. Any minimum qualifying marks for specific assessments are listed in the table above. The weighting of the different components can also be found above. The Programme Specification contains information on what happens if you fail an assessment component or the module. INDICATIVE READING LIST (Harvard Style to be used) Christensen, C. M., & Overdorf, M. (2000). Meeting the challenge of disruptive change. Harvard Business Review, 78(2), pp Pisano, G., Can science be a business? Harvard Business Review, 84(10),1-12. Iansiti, M. and Lakhani, K.R., Digital Ubiquity: How Connections, Sensors, and Data Are Revolutionizing Business. Harvard Business Review, 92(11), pp Hagiu, A. (2014). Strategic decisions for multisided platforms. MIT Sloan Management Review, 55(2), 71. Eckhardt, G. M., & Bardhi, F. (2015). The sharing economy isn t about sharing at all. Harvard Business Review, 28. Reason, J Human error: models and management. BMJ 320(7237) Eyring, Matthew J., Mark W. Johnson, and Hari Nair. "New business models in emerging markets." Harvard business review 89.1/2 (2011): Freeman, C., & Louça, F. (2001). As time goes by: the information revolution and the industrial revolutions in historical perspective. Oxford University Press. Pp and Chapter 6. Version: 3.0 Version date: October 2016 For use from:

5 Appendix: see for the full list of JACS codes and descriptions CODES HESA Code Description Price Group 133 Business & Management D Studies JACS Code Description Percentage (%) 200 The study of managing 100 organisations