Innovation and RenewalLaajuus (5 ECTS)
Course unit code: L03AAA06
General information
- Credits
- 5 ECTS
Objective
The student understands the role of innovation and renewal in the race for competitive advantage; is familiar with the innovation and change processes in business organizations; has the knowledge and the skills to manage innovation and renewal on strategic and operational level; understands and can apply in management the interdisciplinary and multifunctional nature of innovation; can apply the innovational approach in the working life.
Content
- Innovation and Competitive Advantage
- Managing for Innovation
- Strategic approach to innovation
- Economics of innovation and renewal
- Building innovation mechanisms and organizations
Assessment criteria, satisfactory (1)
Sufficient performance: the student has completed basic requirements to pass the course and has demonstrated some ability to apply knowledge in the learning assignments related to working life. His/her analytical skills and/or the development approach need major improvement.
Assessment criteria, good (3)
Good overall performance by the student in course work. The student has been an active learner as an individual and in teams. S/he has demonstrated how to apply knowledge in the learning assignments related to analysing and developing working life.
Assessment criteria, excellent (5)
The student has shown excellent performance in all elements of the course. S/he has shown motivation and interest in individual and team learning as well as in sharing one’s expertise. The student has demonstrated well and creatively how to apply knowledge in the learning assignments related to analysing and developing working life.
Assessment criteria, approved/failed
Sufficient performance: the student has completed basic requirements to pass the course and has demonstrated some ability to apply knowledge in the learning assignments related to working life. His/her analytical skills and/or the development approach need major improvement.
Further information
The course is assessed on the 0 (failed) – 5 (excellent) grading scale.