Innovation & strategic business development 15 credits

Innovation & strategisk affärsutveckling
Second cycle, E7006N
Course syllabus valid: Autumn 2020 Sp 1 - Present
The version indicates the term and period for which this course syllabus is valid. The most recent version of the course syllabus is shown first.

Syllabus established
by Director of Undergraduate Studies Bo Jonsson, Department of Business Administration, Technology and Social Sciences 16 Feb 2015

Last revised
by Director of Undergraduate Studies Daniel Örtqvist, Department of Business Administration, Technology and Social Sciences 14 Feb 2020

Education level
Second cycle
Grade scale
G U 3 4 5
Subject group (SCB)
Business Administration

Entry requirements

Knowledge and abilities comparable to the goals of the course E7005N Innovation management and O7015N Corporate strategy - Strategic work .

More information about English language requirements


The selection is based on 20-285 credits

Course Aim
The overall aim of the course is that students after completing the course will be able to analyse, evaluate and implement innovation and capitalise on innovative opportunities in organisations.

After completing the course the student should be able to::
  • Describe and discuss the key concepts within the research frontier of innovation and strategic business development and how these concepts relate to each other.
  • Explain and predict the occurrence of a ventures business opportunities and carry out an impact assessment of the strategic decision to exploit an opportunity.
  • Identify, theorise and reflect on current issues of practical as well as theoretical interest in innovation and business development.

Innovation and business development drives strategic decisions more than any other factor, and the relationship between innovation, business development and strategy constitute the core of this course.

The course consists of three interconnected elements::
  1. Part 1 (5.0 credits) deals with theoretical and practical "state-of-the-art" in innovation and business development from a strategic perspective. The module will cover both new ideas and concepts from the research front, but also classical problems in the innovation where the theoretical knowledge is well developed but where the challenge is to translate this knowledge into practical applications and solutions. The proverb "Best practice is not Necessarily Common Practice" captures this problem.
  2. Part 2 (5.0 credits) involves analysing the occurrence of any business opportunities in innovative activities. The module has a practical approach and conducted with a company. Concepts, ideas and literature from step 1 are supplemented by new literature to help a company to analyse if and how a business opportunity can be exploited.  
  3. Part 3 (5.0 credits) is more theoretical / conceptual in which the student is given the opportunity to go deeper and explore a self-chosen topic in business development and innovation, based on the theoretical and practical experience obtained in step 1 and 2.

The course is taught in English. This means that all presentations, discussions, assignments, take-home exam and so on must be in English. Students registered for the course have access to the course Canvas room. All the scientific papers for the course as well as other relevant information is available in the Canvas room. The course is 15 ECTS and thus entails 10 weeks of full-time study. You are therefore expected to work 400 hours in order to pass the course.

Assessment is based on a combination of seminars, project work and a written report. The grading scale for the course as a whole is U/3/4/5.
Assignments (Module 1)           5.0 hp (U / 3/4/5)
Project (Module 2)                   5.0 hp (U / 3/4/5)
Written report (Module 3)         5.0 hp (U / 3/4/5)
You will find detailed information on assessment and grading in the description of each module.

The course can not be included in an degree together with O7002N or other course with similar content.
Students must register for the courses themselves, or contact ETS educational administration, not later than three days after the quarter commences. Failure to do so can result in the place being lost. This rule also applies to students with a guaranteed place.

David Sjödin

Transition terms
The course E7006N is equal to O7002N

Literature. Valid from Autumn 2015 Sp 1 (May change until 10 weeks before course start)
Ramfeldt, L., Kjellberg, J. & Kosnik, T. (2014). Gear up – Test your business model potential and plan your path to success. John Wiley & Sons, Chichester, UK.
Anderson, C. (2013). How to give a killer presentation. Harvard Business Review, 91(6), 121-125.
Further literature in the form of scientific articles will be added.

Course offered by
Department of Business Administration, Technology and Social Sciences

CodeDescriptionGrade scaleHPStatusFrom periodTitle
0004Seminar assignments (module1)G U 3 4 55.00MandatoryA16
0005Project work (module 2)G U 3 4 55.00MandatoryA16
0007Written report (module 3)G U 3 4 55.00MandatoryA17

Study guidance
Study guidance for the course is to be found in our learning platform Canvas before the course starts. Students applying for single subject courses get more information in the Welcome letter. You will find the learning platform via My LTU.