| CODE | IOT5026 | ||||||||||||
| TITLE | Innovation in Organisations | ||||||||||||
| UM LEVEL | 05 - Postgraduate Modular Diploma or Degree Course | ||||||||||||
| MQF LEVEL | Not Applicable | ||||||||||||
| ECTS CREDITS | 4 | ||||||||||||
| DEPARTMENT | The Edward de Bono Institute for the Design and Development of Thinking | ||||||||||||
| DESCRIPTION | Learning Objectives: - To understand the development of innovation principles stemming from Nietzschean concept for disruption and creativity to Schumpeter’s notions influenced by the Austrian School of Economics. - To provide students with skills to conduct strategic assessments and to develop innovation strategies in organisations. - To apply creativity and innovation processes in product development. - To analyse the complexity of alliance formation necessary for multi-partner product and process development Students will be expected to recognise the conditions that facilitate organisational creativity and innovation and to understand how they can be fostered and implemented and, vice-versa, to identify obstacles to creativity and innovation which may exist at various levels within an organisation. Description: The course addresses the issue of how to apply creative thinking to foster innovation in business organisations in times of discontinuous change. The possibility of conducting innovation audits in organisations to assess factors that enable and factors that inhibit innovation will be discussed. Bridging the gap that many perceive between the classroom and the world of business is a key concern of many organisations and firms. The study unit will include a blend of theoretical material (to establish an academic underpinning) and practical exercises to encourage experiential learning. The program will cover the following areas. 1. Principles of Innovation Management: Schumpeterian innovation principles, Christensen’s Disruptive innovation theory, sources of discontinuity. 2. Strategic Approaches: Rationalist and incrementalist strategies, Dynamic Capabilities of Firms, Porter’s framework, 3. Market Innovations: Product differentiation, Architectural Products, Technological Products, Commercialization, Forecasting Diffusion of Innovation 4. Collaboration and Alliances: Forms of collaboration, Effect of technology and organization, Managing alliances 5. Assessing the level of Innovation in Organisations: barriers that inhibit creativity, how these can be overcome and factors that facilitate innovation in organisations 6. Case Studies: will be applied for the above topics Reading List - Christensen, C.M. (1997). The Innovator's Dilemma, Harvard Business School Press, Boston, MA. - Christensen, C.M., Overdorf, M., MacMillan, I., McGrath, R., (2001). Harvard Business Review on Innovation. Cambridge MA. - Christensen, C.M., Overdorf, M. (2000), Meeting the challenge of disruptive change, Harvard Business Review, Vol. 78 No.2, pp.66-77. Cambridge MA. - Christensen, C.M., Raynor, M.E. (2003). The Innovator's Solution. Harvard Business School Press, Boston, MA. - Drucker, P. (2006). Innovation and Entrepreneurship. Harper Row, New York. - Goodman, M.R.V., (1997). Creative Management. Prentice Hall, London. - Lumsdaine, Edward, Lumsdaine, Monica (1995) Creative Problem Solving: Thinking Skills for a Changing World, New York: Mc Graw Hill Inc. - Majaro, Simon (1989) The Creative Gap, Longman Trade/Caroline House. - Tidd, J., Bessant, J. & Pavitt, K. (2005). Managing Innovation: Integrating Technological and Organization Change. 3rd ed. Hoboken: Wiley. London - Tidd, J., Bessant, J. & Pavitt, K. (2007). Innovation and Entrepreneurship. Wiley. London. |
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| STUDY-UNIT TYPE | Lecture, Online Lecture and Workshop | ||||||||||||
| METHOD OF ASSESSMENT |
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| LECTURER/S | Sandra M. Dingli |
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The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints. Units not attracting a sufficient number of registrations may be withdrawn without notice. It should be noted that all the information in the description above applies to study-units available during the academic year 2025/6. It may be subject to change in subsequent years. |
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