ULMS Electronic Module Catalogue

The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module.
Title Foundations of Innovation Management
Code ULMS502
Coordinator Dr DJ Borah
Strategy, IB and Entrepreneurship
Year CATS Level Semester CATS Value
Session 2023-24 Level 7 FHEQ First Semester 15

Pre-requisites before taking this module (other modules and/or general educational/academic requirements):


Modules for which this module is a pre-requisite:


Programme(s) (including Year of Study) to which this module is available on a required basis:


Programme(s) (including Year of Study) to which this module is available on an optional basis:


Teaching Schedule

  Lectures Seminars Tutorials Lab Practicals Fieldwork Placement Other TOTAL
Study Hours 10



Timetable (if known)              
Private Study 125


EXAM Duration Timing
% of
Penalty for late
CONTINUOUS Duration Timing
% of
Penalty for late
Collaborative individual assignment. There is a resit opportunity. Standard UoL penalty applies for late submission. This is an anonymous assessment.    100       


The aims of this module are to:

Provide students with a critical understanding of theories, concepts, and alternative perspectives on innovation management;

Enable students to understand and critically evaluate different practical tools for innovation management, their origin, and of the contingencies of their use in organisations;

Introduce to the students current issues concerning innovation management and their application within contemporary business and organisational environments;

Support the development of subject specific and transferable skills necessary for future employment in careers that ultimately have a managerial component.

The module will serve as an intellectual platform to proceed to advanced modules of study.

Learning Outcomes

(LO1) Students will be able to critically appraise the core theories, concepts and empirical work that underpin innovation management.

(LO2) Students will be able to describe and evaluate critically alternative approaches to innovation management in contemporary organisations.

(LO3) Students will be able to elaborate on the strengths and weaknesses of practices and tools used to manage innovation in organisations.

(LO4) Students will be able to identify the range of factors that influence the practice, implementation, and success of innovation management strategies and tools.

(LO5) Students will be able undertake independent research concerning innovation management in an organisational context and communicate the outcome of their research effectively.

(S1) Verbal and written communication.
Developed in lectures and tutorials, through use of group discussions, presentations, and by working on the written assignment.

(S2) Teamwork.
Developed through group work in the tutorials and the group assignment.

(S3) Problem solving.
Developed through working on case study examples in lectures and tutorials and through the assignments focussed on developing research skills, the ability to research organisations, find, organise and analyse relevant information, apply theory to real-life situations.

(S4) Commercial awareness.
Developed through the analysis of case study examples throughout the module.

(S5) Organisation skills.
Developed through need to prepare for tutorials and meeting assignment deadlines.

(S6) IT skills.
Developed through researching library databases for company information.

(S7) International awareness.
Developed through analysis of international case study examples and different contexts considered throughout the module.

(S8) Ethical awareness.
Developed through critical discussions of the many ethical issues to be considered with respect to managing innovation throughout the module.

(S9) Lifelong learning.
Through developing research skills, ability to research organisations, find, organise and analyse relevant information, apply theory to real-life situations.

Teaching and Learning Strategies

2 hour lecture x 5 weeks
2 hour seminar x 5 weeks
1 hour asynchronous learning x 5 weeks
125 hours self-directed learning



1. What is innovation and why manage it?

Why does innovation matter for individuals, organisations, industries and society at large?
What is innovation, what different forms and definitions exist?
How does innovation happen and can it be managed?

2. Developing and managing an innovation strategy

Aligning business and innovation strategy;
Developing and managing an innovation portfolio and choosing innovation projects;
Anticipating (technological) change;
Developing and managing collaborative strategies;
Measuring innovative performance .

3. Open innovation and innovation protection

The open innovation paradigm;
The role of networks for open innovation;
Innovation protection, specifically intellectual property protection.

4. Innovation process management

Different conceptual models of the innovation process;
Tools for managing the innovation process in general and the new product developmen t process in specific;
Crafting a deployment strategy.

5. Managing creativity, knowledge, and ideas

Fostering creativity in organisations, for instance through creativity techniques;
Codification and personalisation approaches to managing knowledge;
Approaches to idea management.

6. People, culture, and organisational aspects of innovation management

Creating contextual conditions that foster innovation;
Organising for innovation, for instance creating a suitable structure and managing new product development teams;
Innovation leadership and culture.

Recommended Texts

Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module.