Excerpt from course description

Foundations of Innovation and Corporate Entrepreneurship


This course introduces students to different frameworks for understanding concepts and principles in innovation theory, research and practice. The course aims at providing an understanding of the different aspects of the dynamics of innovation in the market, innovation process at the firm level and its relationship with economic growth and welfare.

The course will integrate dominant innovation theories, applied cases and insights from the entrepreneurial and innovation ecosystem in the Oslo region.

Course content

  • Dynamics of innovation
    • technology evolution
    • technology adoption
    • dynamics of product¬†competition
  • Processes of innovation at the firm level
    • Value Creation and Value Capture
    • Ambidexterity
    • Exploration and Exploitation
    • Capabilities for Innovation
    • Types of innovation
    • Management of Innovation
    • Innovation Models and Processes
  • Role and effects of innovation at the more macro level
  • Innovation Policy
    • Several frameworks for innovation policy (including more recent focus on Sustainability and Transformative change)
    • When possible, seminar and group exercise at the Norwegian Research Council (with students from other institutions)


This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at portal.bi.no. We reserve the right to make changes to this description.