Business Development and Innovation: Introduction (MSB305)
No firm or organization operates in isolation. Rather the contrary is true. Via a multitude of complex relations to other agents and organizations, they are embedded in diverse sets of networks and socio-economic systems. This embeddedness thereby greatly matters for their business success. For instance, it influences their access to critical inputs, such as human and financial capital as well as knowledge. Their embeddedness in local socio-economic systems takes center stage in this. In the end, most job hiring are local, the majority of production inputs are provided by nearby suppliers and marketing as well as distribution channels are strongly shaped by access to transportation infrastructure and the activities of (local) branding initiatives as well as trade associations.
The course presents students with the scientific underpinnings of the beyond-the-individual-firm perspective that are at the heart of modern approaches to business development. Drawing on core concepts and insights from the fields of Regional Science and Economic Geography, as well as Complex System Theories, students will learn about and discuss the roles that locations, networks, and system embeddedness play for businesses and their development. The course thereby forms the basis for the subsequent courses: BDI: The firm perspective and BDI: The policy perspective.
Course description for study year 2022-2023. Please note that changes may occur.
In this course, you will learn through the mixture of lectures, seminars, group work and individual study. Lectures provide the basic knowledge. The seminars are based on group work and are topic focused. They require active preparation and participation.
Each student will be assigned to a group. These groups will play different roles during the semester. Each student has to contribute equally to these roles. The roles include:
Reading scientific papers
Preparing and sharing written questions and statements about the papers on time
Responding to questions during the seminar and actively engaging in it
Organizing and contributing to discussions
Lectures: 25 hours
Seminars: 25 hours
Self-study, including assignments: 200-250 hours
Perspectives on Strategic Innovation (MØA305_1)
All master's study programs at the University of Stavanger.
Students will have the opportunity to give feedback on the course first in an early dialogue, and in multiple course evaluations.