STMG512-18B (HAM)

Strategic Innovation

30 Points

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Waikato Management School
Te Raupapa
School of Management and Marketing

Staff

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Convenor(s)

Lecturer(s)

Administrator(s)

: sade.lomas@waikato.ac.nz
: lori.jervis@waikato.ac.nz
: helena.wang@waikato.ac.nz

Placement Coordinator(s)

Tutor(s)

Student Representative(s)

Lab Technician(s)

Librarian(s)

: clive.wilkinson@waikato.ac.nz

You can contact staff by:

  • Calling +64 7 838 4466 select option 1, then enter the extension.
  • Extensions starting with 4, 5 or 9 can also be direct dialled:
    • For extensions starting with 4: dial +64 7 838 extension.
    • For extensions starting with 5: dial +64 7 858 extension.
    • For extensions starting with 9: dial +64 7 837 extension.
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Paper Description

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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?

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Paper Structure

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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 and presenting your findings, as well as conducting a literature review project.

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Learning Outcomes

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Students who successfully complete the course should be able to:

  • Explain the nature and role of strategic innovation and how it impacts on the performance and competitive positioning of organisations.
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  • Demonstrate the ability to review and critically evaluate theories on strategic innovation processes.
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  • Discuss strategic innovation theories and practices with confidence and be able to plan and lead a seminar on innovation research.
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  • Demonstrate an understanding of the features and limitations of key innovation theories by applying them to specific examples.
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  • Design and conduct a case research project to explore innovation theory in practice.
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Assessment

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Assessment Components

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The internal assessment/exam ratio (as stated in the University Calendar) is 100:0. There is no final exam. The final exam makes up 0% of the overall mark.

The internal assessment/exam ratio (as stated in the University Calendar) is 100:0 or 0:0, whichever is more favourable for the student. The final exam makes up either 0% or 0% of the overall mark.

Component DescriptionDue Date TimePercentage of overall markSubmission MethodCompulsory
1. SEMINAR LEADERSHIP
25
  • In Class: In Lecture
2. STRATEGIC INNOVATION CASE STUDY (Team)
20 Aug 2018
12:00 PM
25
  • Online: Submit through Moodle
3. STRATEGIC INNOVATION CASE PRESENTATION (Team)
3 Sep 2018
3:00 PM
10
  • Online: Submit through Moodle
4. LITERATURE REVIEW REPORT
23 Oct 2018
12:00 PM
30
  • Online: Submit through Moodle
5. CLASS PARTICIPATION
10
  • In Class: In Lecture
Assessment Total:     100    
Failing to complete a compulsory assessment component of a paper will result in an IC grade
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Required and Recommended Readings

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Required Readings

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The STMG512-18B Reading List which is available in Moodle provides direct links to a set of core and recommended (supplementary) articles for each class.
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Online Support

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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.

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Workload

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This is a 30 point paper which equates to 300 hours work over the semester.
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Linkages to Other Papers

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Prerequisite(s)

Prerequisite papers: STMG391

Corequisite(s)

Equivalent(s)

Restriction(s)

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