The course focuses on the processes and challenges involved in discovering, creating, and managing innovations for organizations. The course also explores how innovation strategies and entrepreneurial skills can create value in products, services, and business models. The module includes application of innovation-related frameworks to specific context and phases of innovation.

CILO-1: Identify and explain clearly the role of innovation in organizations. CILO-2: Discuss critically the various aspects of innovation: technology innovation, product innovation, service innovation, and innovative business models. CILO-3: Analyze the strategic and operational issues in the implementation of innovations. CILO-4: Capture the benefits that innovations provide to organizations.