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Innovation and International Strategy 

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Innovation and International Strategy
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Coursera 
Overview

Duration

39 hours

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Total fee

Free

Mode of learning

Online

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Credential

Certificate

Innovation and International Strategy
 at 
Coursera 
Highlights

  • Earn a certificate from Illinois Tech
  • Add to your LinkedIn profile
  • 21 assignments
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Innovation and International Strategy
 at 
Coursera 
Course details

What are the course deliverables?
  • What you'll learn
  • Disruptive Innovation
  • Blue Ocean Strategy
  • International Strategy
More about this course
  • The 21st century competitive landscape is characterized by rapid technological change and globalization. How do companies compete and succeed in such an environment? First, companies must engage in continuous innovation to sustain their competitive advantage. This course is designed to equip students with a deep understanding of why innovation is paramount in the 21st-century landscape and how it influences the way companies compete today. Through a comprehensive exploration of topics like technology adoption life cycle, the product life cycle, disruptive innovation and blue ocean strategy, students will gain the knowledge and skills needed to thrive in a rapidly evolving marketplace. Second, companies must take advantage of the extraordinary opportunities that globalization presents and develop strategies to expand abroad and compete there. In this course, students will develop a deep understanding of how to analyze and evaluate international markets, select the best markets to enter, choose the optimal mode of entry and develop a strategy to compete in international markets.
  • Upon successful completion of this course, you will be able to:
  • - Articulate the significance of innovation in the 21st-century competitive landscape, delineate the factors affecting technology adoption and apply their understanding of the product life cycle stages to make informed strategic decisions regarding strategy.
  • - Articulate the concept and theory of disruptive innovation and apply this understanding to evaluate and propose strategies for how incumbents can effectively respond to disruptive changes in their industry.
  • - Articulate the fundamentals of Blue Ocean Strategy, including its core concepts of Non-customers and Value Innovation, and explain how new market spaces could be created.
  • - Articulate the rationale behind companies expanding into international markets, demonstrate knowledge of how to analyze international markets, and how to select international markets.
  • - Articulate the various non-equity and equity entry modes for international markets and integrate this knowledge to comprehend and explain strategic approaches for effectively competing in international markets.
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Innovation and International Strategy
 at 
Coursera 
Curriculum

Module 1: Innovation Strategy

Course Introduction

Instructor Introduction

Module 1 Introduction

Why Innovate?

Technology Adoption Life Cycle

Product Life Cycle

Syllabus

The Innovation Imperative

Technology Adoption Life Cycle

Product Life Cycle

Module 1 Summary

Module 1 Summative Assessment

The Innovation Imperative Quiz

Technology Adoption Life Cycle Quiz

Product Life Cycle Quiz

Meet and Greet Discussion

Module 2: Disruptive Innovation

Module 2 Introduction

What is Disruptive Innovation?

Types of Disruption

Responding to Disruption

What is Disruptive Innovation?

Theory of Disruptive Innovation

Responding to Disruption

Module 2 Summary

Module 2 Summative Assessment

What is Disruptive Innovation Quiz

Theory of Disruptive Innovation Quiz

Responding to Disruption Quiz

Module 3: Blue Ocean Strategy

Module 3 Introduction

What is Blue Ocean Strategy?

Core Blue Ocean Strategy Concepts

Market Creation Strategies

What is Blue Ocean Strategy?

Core Blue Ocean Strategy Concepts

Market Creation Strategies

Module 3 Summary

Module 3 Summative Assessment

What is Blue Ocean Strategy Quiz

Core Blue Ocean Strategy Concepts Quiz

Market Creation Strategies Quiz

Module 4: Expanding into International Markets

Module 4 Introduction

Why Go International?

Analyzing International Markets

International Market Selection

Why Compete in International Markets?

Analyzing International Markets

International Market Selection

Module 4 Summary

Module 4 Summative Assessment

Why Compete in International Markets Quiz

Analyzing International Markets Quiz

Why Compete in International Markets Quiz

Module 5: Competing in International Markets

Module 5 Introduction

Types of International Strategies

Entry Strategies

Drivers of Success and Failure

Non-Equity Entry Modes

Equity Entry Modes

Strategies to Compete in International Markets

Module 5 Summary

Module 5 Summative Assessment

Non-Equity Entry Modes Quiz

Equity Entry Modes Quiz

Strategies to Compete in International Markets

Summative Course Assessment

Innovation and International Strategy
 at 
Coursera 
Admission Process

    Important Dates

    May 25, 2024
    Course Commencement Date

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