Content, progress and pedagogy of the module

This module discusses the emerging trends of value creation such as from do it alone to value co-creation with global partners, establishing cross-border strategic alliances and networks for joint innovation, participating and orchestrating innovation ecosystem for sustainable development, etc. Students will develop knowledge and reflect on issues such as, but not limited to, MNCs’ global innovation modes and strategies, business and innovation ecosystems, digital platforms, business ecosystem in emerging markets, and interplay between value co-creation and value capture for sustainable development.

During this module, we will start with reflecting more conventional theories and value creation modes such as global value chain and network theory, then will progress to more contemporary theories and topics such as ecosystem theory, coopetition theory, and the impact of digitalization. The module adopts digital tools and employs various pedagogical methods including lecturing, group discussions, peer review and peer learning, games and experiments, simulation, etc. 

Learning objectives

Knowledge

The objective is that the student after the module possesses knowledge about:

• newly emerging concepts and theories in value creation and innovation such as innovation ecosystems, platforms, and digitalization.
• MNCs’ innovation management practices and strategies from the value co-creation and value capture perspectives.
• how innovation in ecosystems facilitates sustainable development and MNCs’ global competitiveness.

Skills

The objective is that the student after the module possesses skills in:

• analysing and synthesizing state-of-art knowledge on MNCs’ global innovation management.
• gaining skills on network analysis with the support of digital tools.
• developing own conceptualisation and explanation based on in-depth reflections on and MNCs’ global innovation and value creation practices.

Competences

The objective is that the student after the module possesses abilities in:

• applying digital tools and methods to facilitate the learning on MNCs’ global innovation management and value creation.  
• applying concepts and theories learnt to understand MNCs’ global innovation challenges and practices
• applying problem-based learning principles to identify problems and propose solutions to issues based on own understanding of the subject matter.

Type of instruction

For information see § 17.

Exam

Exams