STMGT512-19B (HAM)
Strategic Innovation
30 Points
Staff
Convenor(s)
Delwyn Clark
4594
MSB.4.01
Thursdays 1-3 pm
delwyn.clark@waikato.ac.nz
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Paper Description
Innovation has a key role in the competitive positioning and performance of organisations. For example, it assists in creating new products, identifying new markets, developing new business models, transforming industries and revitalising mature organisations. In this paper, research on the nature of strategic innovation will be examined, discussed and evaluated. In addition, you will study innovative businesses to learn how successful innovations are developed and implemented.
Where do new ideas come from? How do innovation and commercialisation processes work? What is a disruptive innovation? How can organisations use external partners in their innovation processes? What is the role of a national innovation system? How do innovative firms ensure that they benefit from their new innovations? What is the role of technological innovation? How do you achieve growth in a mature market? What is strategic renewal? How do you manage intellectual property protection? Is social innovation different from business innovation? What is the role of intangible resources and dynamic capabilities in strategic innovation?
Paper Structure
The focus of this paper is to review and critique theories explaining major sources of strategic innovation and their fit with innovative business practices. We will use an interactive seminar format with active and lively discussion of key topics and cases. To contribute effectively you will need to read and reflect on the readings prior to each class. Some additional videos, short articles and case studies will also be provided on Moodle.
You will be responsible for leading a seminar discussion, completing a research project, as well as conducting a literature review project.
Learning Outcomes
Students who successfully complete the course should be able to:
Assessment
Assessment Components
The internal assessment/exam ratio (as stated in the University Calendar) is 100:0. There is no final exam.
Required and Recommended Readings
Required Readings
Online Support
There is access to support with Moodle via Help on the top menu.
Information on the APA referencing format, as mentioned above, and advice on how to prepare a literature review is provided by the University of Waikato library.
Workload
Linkages to Other Papers
Prerequisite(s)
Prerequisite papers: STMG391 or STMGT303
Restriction(s)
Restricted papers: STMG512