This course is part of the Innovation: From Creativity to Entrepreneurship Specialization

4.7
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600 ratings

E. Geoffrey Love

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Part of the Master of Business Administration (iMBA) degree
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Innovation: From Creativity to Entrepreneurship SpecializationUniversity of Illinois at Urbana-Champaign

About this Course

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You may have noticed that what is new often behaves differently than what has become accepted over time whether it is in a market, technology, or with people and firms. This course helps you develop a perspective on managing innovation. That is, you will build your capability to lead and design your organization in effectively implementing innovation initiatives and achieving their strategic intent. 
To do this, you will learn a set of frameworks, tools, and concepts that can help you address several important challenges in managing innovation. The first challenge is in regards to how to successfully implement innovation efforts within established firms and alongside established businesses. You then investigate the particulars of managing innovation when disruptive technologies are involved. Other topics include leadership of new product development teams, planning and evaluation of innovation initiatives, and management of innovation across organizational boundaries, as happens with alliances or virtual firms.

You will be able to:

-	Analyze innovations and their impact on organizations
-	Articulate a research-informed perspective on innovation
-	Utilize frameworks, tools, and concepts to address challenges that arise in innovation

This course is part of Gies College of Business’ suite of online programs, including the iMBA and iMSM. Learn more about admission into these programs and explore how your Coursera work can be leveraged if accepted into a degree program at https://degrees.giesbusiness.illinois.edu/idegrees/.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Course 2 of 7 in the

Innovation: From Creativity to Entrepreneurship Specialization

Intermediate Level

Approx. 20 hours to complete

English

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Skills you will gain

Management
Innovation
Disruptive Innovation
Innovation Management

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Course 2 of 7 in the

Innovation: From Creativity to Entrepreneurship Specialization

Intermediate Level

Approx. 20 hours to complete

English

Could your company benefit from training employees on in-demand skills?

Try Coursera for Business

Instructor

Instructor rating

4.71/5 (115 Ratings)

E. Geoffrey Love

Associate Professor

Department of Business Administration, Gies College of Business

101,249 Learners

13 Courses

Offered by

University of Illinois at Urbana-Champaign

Start working towards your Master's degree

This course is part of the 100% online Master of Business Administration (iMBA) from University of Illinois at Urbana-Champaign. If you are admitted to the full program, your courses count towards your degree learning.

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Syllabus - What you will learn from this course

Content Rating97%(2,234 ratings)

Week1

Week 1

2 hours to complete

Course Orientation

2 hours to complete

3 videos (Total 7 min), 7 readings, 1 quiz

4 hours to complete

MODULE 1: Managing Innovation

4 hours to complete

6 videos (Total 91 min), 2 readings, 5 quizzes

6 videos

Module 1 Introduction: Managing Innovation4mChallenges in the Evolution of New Technologies and Markets21mHow Organizations Succeed and Fail as Markets Grow and Change16mAmbidextrous Organizations22mLeading Ambidextrous Organizations Part 114mLeading Ambidextrous Organizations Part 211m

2 readings

Module 1 Overview10mModule 1 Readings10m

5 practice exercises

Lesson 1-1: Practice Quiz30mLesson 1-2 Practice Quiz30mLesson 1-3: Practice Quiz30mLesson 1-4 Practice Quiz4mManaging Innovation: Quiz30m

Week2

Week 2

5 hours to complete

MODULE 2: Understanding & Responding to Different Types of Innovations

5 hours to complete

6 videos (Total 92 min), 2 readings, 6 quizzes

6 videos

Disruptive Technologies16mResponding to Disruptive Technologies18mEffective Management of Innovation Streams Part One16mEffective Management of Innovation Streams Part Two14mCorporate Entrepreneurship Part One9mCorporate Entrepreneurship Part Two16m

2 readings

Module 2 Overview10mModule 2 Readings10m

5 practice exercises

Lesson 2-1 Practice Quiz30mLesson 2-2 Practice Quiz30mLesson 2-3 Practice Quiz30mLesson 2-4 Practice Quiz30mUnderstanding & Responding to Different Types of Innovations: Quiz30m

Week3

Week 3

4 hours to complete

Module 3: Teams and Innovation

4 hours to complete

6 videos (Total 88 min), 2 readings, 5 quizzes

6 videos

Product Development Teams, Including "Heavyweight" Teams Part One13mProduct Development Teams, Including "Heavyweight" Teams Part Two12mFocus on using "Heavyweight" Product Development Teams17mInnovation through Partnerships between Dedicated Teams and Mainline Functional Groups16mBuilding the Dedicated Team & Managing the Partnership Part One11mBuilding the Dedicated Team & Managing the Partnership Part Two16m

2 readings

Module 3 Overview10mModule 3 Readings10m

5 practice exercises

Lesson 3-1 Practice Quiz30mLesson 3-2 Practice Quiz30mLesson 3-3 Practice Quiz30mLesson 3-4 Practice Quiz30mTeams and Innovation: Quiz30m

Week4

Week 4

5 hours to complete

Module 4: Planning & Evaluation & Innovation Across Organizations

5 hours to complete

6 videos (Total 76 min), 4 readings, 6 quizzes

6 videos

Introduction to Planning and Evaluation for Innovation: The Importance of Experimentation and Learning7mPlanning and Evaluation for Innovation: The Importance of Experimentation and Learning Part One18mPlanning and Evaluation for Innovation: The Importance of Experimentation and Learning Part Two14mInnovation Across Firm Boundaries: Virtual Firms & Open Innovation18mAdvice for Working Across Firm Boundaries: Case of Alliances and JVs12mGies Online Programs3m

4 readings

Module 4 Overview10mModule 4 Readings10mCongratulations!10mGet Your Course Certificate10m

5 practice exercises

Lesson 4-1 Practice Quiz30mLesson 4-2 Practice Quiz30mLesson 4-3 Practice Quiz30mLesson 4-4 Practice Quiz30mPlanning & Evaluation & Innovation Across Organizations: Quiz30m

Reviews

4.7

118 reviews

5 stars
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4 stars
13.33%
3 stars
2.66%
2 stars
0.66%
1 star
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TOP REVIEWS FROM STRATEGIC INNOVATION: MANAGING INNOVATION INITIATIVES

by DAFeb 12, 2020

The course is overall great with a balance of knowledge and learning. However, the peer-graded assignments are needed to be revised such that the self pacing of the course is enhanced.

by GLMar 10, 2019

I'm following up the courses and so far this one was great. I do have now a lot of arguments and real case studies to understand next steps for a successful innovation management.

by SMSep 20, 2018

Excellent content. Very knowledgeable instructor. Production quality of the videos for this class was not as high as the first class in this specialization sequence.

by SSJun 29, 2020

Good teaching method but it would have been better if more industry-based examples used to signify the importance of the topics.

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About the Innovation: From Creativity to Entrepreneurship Specialization

In a world characterized by volatility, uncertainty, complexity, and ambiguity, leaders require robust innovation skills. Thinking flexibly and developing an entrepreneurial mindset are critical to thriving in uncertain business environments. This specialization addresses how to recognize and question assumptions and constraints to identify and capitalize on opportunities. Learning to change the rules of the game by creating innovative value propositions and discovering new market positions for sustained competitive advantage are some of the actionable lessons in this specialization.

This specialization will be of value to both aspiring and practicing entrepreneurs as well as employees in established firms who are interested in becoming innovative leaders in an interconnected world. This specialization is part of Gies College of Business’ suite of online programs, including the iMBA and iMSM. Learn more about admissions into the programs and explore how your Coursera work can be leveraged if accepted into a degree program here.

Innovation: From Creativity to Entrepreneurship

Frequently Asked Questions

When will I have access to the lectures and assignments?
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I subscribe to this Specialization?
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

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Strategic Innovation: Managing Innovation Initiatives

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Skills you will gain