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Business development and Innovation: The policy perspective MSB335

In this course, students will learn about business development and innovation strategies from a policy perspective. The course aims to introduce students to how national, regional and local governments can promote innovation and business development in the economy as well as within companies. The course focuses, from a theoretical and empirical perspective, on strategies and policies for knowledge development, innovation, economic development, transformation and the promotion of local human resources.

Course description for study year 2022-2023. Please note that changes may occur.

Course code




Credits (ECTS)


Semester tution start


Number of semesters


Exam semester


Language of instruction


This course will take up the following topics:
  • Local and regional development policy
  • Research and innovation policy
  • Place-based economic policy, leadership and regulations
  • Specific policies such as: smart specialization, mission-oriented, transformative, sustainable, and resource-based policies.
Learning outcome


Through the course, students will develop a solid understanding of the scholarly debate on the policy side of business development and innovation, including:

  • How strategies and policies are embedded into national, regional and local economic development and innovation thinking.
  • Applying innovation strategies and policies in order to restructure local businesses toward sustainable development.
  • Knowledge of research, development and innovation policy - its motivations and how it promotes innovation and economic development.
  • Knowledge of regional development and place-based policy - its motivations and how it promotes regional development.
  • Knowledge of policies such as: smart specialization, mission-oriented, transformative, sustainable, and resource-based policies.
  • Knowledge of important discussions and opposing viewpoints on policies for innovation and business development.


Students will be able to:

  • Communicate, such as leading a discussion supporting, opposing and presenting a policies strategy and arguments.
  • Present and critically assess different scholarly theories and hypotheses, as well as strategy and/or policy statements.
  • Formulate policy statements and arguments to initialise a discussion.
  • Summarise policies arguments and studies.
  • Formulate policy statements to initialise a discussion.
  • Write and formulate policy brief.
Required prerequisite knowledge

Individual written assignment and group assignment

Form of assessment Weight Duration Marks Aid
Individual written assignment 6/10 1 Semesters Letter grades
Group assignment 4/10 2 Weeks Letter grades

• 60 % of the grade from an individual written assignment (policy review)
• 40 % of the grade from group assignments including formulating statements opposing and supporting policy arguments.

Coursework requirements
Be present in seminars and write a policy review
Student will be assigned to a group. These groups will play different roles during the seminar classes. In these groups students will prepare a seminar presentation in the course, where each student will play different roles during the seminars.
Course teacher(s)
Course coordinator: Silje Haus-Reve
Course teacher: Alina Meloyan
Course teacher: Andreea-Laura Cojocaru
Course teacher: Silje Haus-Reve
Study Program Director: Yuko Onozaka
Method of work
The sessions will be delivered through a combination of classes, guest lectures, group discissions and seminars. Each student will be assigned to a group. These groups will play different roles during the seminar classes. Each student has to equally contribute to these roles. The roles include:
  • Read policy documents
  • Prepare and share written questions and statements about the policies in different roles
  • Respond to questions during the seminar and engage actively in it
  • Organize and contribute to discussion
Open for
Master in Accounting and Auditing Business Administration - Master of Science Business Administration - Master of Science (5 years)
Course assessment
Students will have the opportunity to give feedback on the course first in an early dialogue, and then in a written course evaluation at the end of the course.
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