Innovation and creativity – understand your business & build resilience (5 cr)
Code: YL00CV03-3002
General information
Enrollment
06.05.2024 - 30.08.2024
Timing
29.08.2024 - 31.12.2024
Number of ECTS credits allocated
5 op
Virtual portion
5 op
Mode of delivery
Distance learning
Unit
Faculty of Business and Hospitality Management (LAB)
Campus
E-campus
Teaching languages
- English
Seats
20 - 60
Degree programmes
- Master's Degree Programme in Business Innovation Culture and Creativity
Teachers
- Henri Karppinen
- Vesa Alatalo
Scheduling groups
- Verkkoluento 1 (Size: 0. Open UAS: 0.)
Groups
-
LLTIYBICC24SVMaster's Degree Programme in Business Innovation Culture and Creativity 24SV Lahti
Small groups
- Online lecture 1
Learning outcomes
The student is able to
- explain the relevant concepts of innovation and innovation process
- drive the innovative processes and creatively overcome the impediments of innovation, in or
between, organizations and the emerging business opportunity. Concepts like idea generation,
creativity, innovation culture and resilience will be explored
- foster an innovation and creative culture, and rethink the value proposition for the customer.
- generate and evaluate new business models and foster business resilience
Timing and attendance
Virtual Lectures in Zoom:
3.9.2024, 14.00-18.00
14.10.2024, 14.00-18.00
29.10.2024, 14.00-18.00
Learning material and recommended literature
Relevant literature and required materials are informed in Moodle.
Alternative completion methods
None.
Learning environment
- Virtual Lectures
- Independent work
- Group/pair work and meetings
- Moodle materials and assignments
Student time use and work load
Independent work, 40% (ECTS)
Group work, 40% (2 ECTS)
Virtual Contact lessons 20% (1 ECTS)
Contents
The virtual course focuses on how innovations in organizations and innovation capability can be developed. The assignments help the student to understand the nature and the importance of innovation in different types of organizations, factors associated with the development of a culture of innovation and the innovation process from idea generation, to the management of implementation.
The main themes of the course are:
- idea creation & innovation scouting
- innovations & innovativeness in practice
- developing innovation capabilities and processes
- leadership view - innovations as competitive force
Throughout the course, diverse information sources will be utilized, artificial intelligence is tested innovation context. The main objective is to encourage, improve and strengthen the students' ability to work in and lead innovation related activities.
Assessment criteria
Individual learning assignments.
Group learning assignments.
Video presentations, video documentation.
Assessment scale
1-5
Failed (0)
Does not complete the requirements for a grade of one.
Assessment criteria: level 1 (assessment scale 1–5)
The student is able to demonstrate how the relevant innovation management knowledge base can be utilized in different business contexts and is able to participate discussion on the development of innovation management: what is required to design, implement and evaluate development processes related to innovations.
Assessment criteria: level 3 (assessment scale 1–5)
The student is able to critically evaluate the theoretical knowledge related to innovation management and innovativeness.
The student is able to solve problems that require innovative activities, to scout, identify and analyze the background of innovations, innovation capabilities and the core activities of innovation management.
The student is able to test and validate the basic assumptions related to innovations and take responsibility for the development of the innovation.
Assessment criteria: level 5 (assessment scale 1–5)
The student is able to combine internal and external views and knowledge sources related to innovation.
The student is able to scout and identify innovations in any market.
The student is able to evaluate the results and impact of development activities.
The student is able to define and evaluate the gap between current innovation activities and requirements.
The student is able to lead innovation activities and evaluate development needs.
The student understands the requirements of fostering innovativeness and innovation capabilities in any organisation.
The student is able to analyze, assess and change processes related to innovation activities.