MG472 Half Unit
Management and Socioeconomics of Digital Innovation
This information is for the 2021/22 session.
Teacher responsible
Dr Antonio Cordella NAB.3.30
Availability
This course is compulsory on the MSc in Management of Information Systems and Digital Innovation. This course is available on the Global MSc in Management, Global MSc in Management (CEMS MiM) and Global MSc in Management (MBA Exchange). This course is available with permission as an outside option to students on other programmes where regulations permit.
Pre-requisites
This course has a strong focus on the management and economics of digital innovation and assumes a general understanding of the key information and communication technologies. Students are expected to have a basic understanding of the implementation and management of information systems in organisations.
Course content
The objective of this core course on the MSc MISDI programme is to address the managerial challenges associated with the most innovative digital innovations. This course does not focus on one specific technology but rather on the managerial, economic and organisational factors that shape the value generated by different clusters of digital innovations. Examples will be drawn from the implementation of digital innovations, such as platforms and ecosystems; artificial intelligence and learning algorithms; blockchain technologies; social computing; information services; and open innovation.
The focus of this course is on the factors and processes that determine how different digital innovations create value for the organisations adopting them.
Discussing technological and organisational factors that determine business value creation led by different digital innovations the course provides unique managerial skills to successfully manage and exploit digital innovations to enhance organisational performance and business value creation. Whether organizations operate globally, regionally or nationally they are highly dependent on digital innovations produced by information and communication technologies for fulfilling their missions.
This course reviews the managerial and economic foundations of information systems and digital innovation and examines key insights about the emerging roles of ICTs and digital innovation in supporting organizations’ performance. In this course we examine how the digital innovation-created value for organisations is dependent on specific economic dynamics and management strategies. Having reviewed distinctive digital innovations widely adopted by contemporary organisations, we identify issues of critical importance for information systems management including: the analysis of the economic dynamics that determine how different information systems generate value; the analysis of the technical functionalities of information systems; the assessment of the impact that these technical functionalities have on the business performance; the evaluation of business and organisational challenges associated with digital innovation adoptions; and how to best negotiate the organisation’s business needs with technological requirements and functionalities.
The course provides a strategic overview of the management of information systems and innovation. We review theoretical approaches and frameworks used in practice and consider them alongside the academic literature on transaction costs, network economics, information systems strategy, and organization studies. Students studying this course will gain an understanding of how trends in strategy and operations are entangled with current processes of digitization and what thes