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Innovation, Knowledge and Entrepreneurial Dynamics (MIKE-B) – (M.Sc.)

Aalborg University

Department of Business Studies
Application Deadline: EEA: May 1 for Sep. intake and October 1 Feb. intake; Non EEA: March 15 for Sep. intake and August 15 Feb Intake.
Annual Tuition Fee: Free - ≈ € 6,710 (non-EEA)
Location: Aalborg / Denmark / View location on map ▾ Hide location on map ▴
Duration: 24 months Start Date: February, September
Educational Form:
  • Taught
  • Research
Education Variants:
  • Fulltime
Languages: English 
9.98422,57.01318

Location of Aalborg University

In Danish as well as in international companies, organisations, and among policy-makers there is a growing focus on the need to re-design firm strategies, institutions, and economic policy to match the demand of the new 'knowledge-based economy'. There is an increasing demand for academically trained employees and managers who can pursue new opportunities, create innovation and contribute to a dynamic development of firms in changing environments.

The key objective of this MSc programme in Innovation, Knowledge and Entrepreneurial dynamics (MIKE-B) is to train business economists in the understanding of entrepreneurial dynamics with a special focus on knowledge management and innovation.

The programme emphasises the capability to make profound and reflective analyses and the capability to define and implement sustainable strategies for technological change and global positioning. This includes both existing firms (intrapreneuship) and the establishing of new knowledge based firms (entrepreneurship).

The programme gives students the opportunity to learn how to use specific theories, models, methods, and tools that can help to understand the interaction between knowledge, innovation and the economy in a context characterised by globalisation, rapid change and uncertainty.

A few examples illustrate topics to be studied:

* What role does knowledge play for the development of firms?
* How is knowledge diffused in firms and networks?
* How do different types of firms organise their innovation activities?
* Globalisation as a challenge for the Danish innovation system?
* How can further interaction between universities and industry be stimulated?
* How do industrial clusters emerge?
* Innovation and sustainable development as an integrated part of firm strategies
* What kind of policy is needed to stimulate sustainable innovation and firm strategies?

Employment and career opportunitiesWith a Master degree in Innovation, Knowledge and Entrepreneurial Dynamics you will get a specific and profound knowledge about how knowledge is produced, diffused and used. You will have obtained a specific capability to analyse dynamic processes and to find relevant solutions to essential problems.

Typical job opportunities are in firms, financial institutes, national and international organisations, and regulatory bodies where analytical work related to regional, national and international framework conditions and strategies for industrial and economic development are in the centre.

The MIKE-B programme prepares you to undertake a career in:

* The private sector (larger companies, banks and financial institutions, or consultancies)
* Regulatory bodies at the local, regional, national, and international level (municipalities, regional bodies, Ministries of Trade, Industry, Science and Technology, etc.)
* National or international organisations (for instance labour market organisations, industrial associations, European Commission, OECD, the World Bank)
* National or international research institutions and universities (as a Ph.d.-student or research fellow)


Contents

MIKE-B is an international programme for Danish and international students. The teaching language is English.

The programme consists of four terms (semesters). The third term (9th semester) offers an opportunity for traineeship or study abroad as well as courses within the MIKE-B programme.

Concurrently with the MIKE-B programme runs a 'sister programme' within Economics (cand.oecon.). The title of the economics programme is 'MSc in Innovation, Knowledge and Economic Dynamics' (MIKE-E). Parts of the activities (courses, seminars, project work) is organised as joint activities between the two master programmes, parts of the activities (especially courses in tools and methods) are organised as separate activities within each programme.

The programme consists of courses, seminars and project work. The project work gives a good opportunity to reflect and use the theories, methods and tools presented in the courses and seminars.

The programme includes courses, seminars and project work within the following topics:

* Theories of the firm
* Knowledge, learning and innovation management
* Entrepreneurial dynamics in theory and practice
* Knowledge, learning and innovation in firms and society
* Innovation and competence systems
* Knowledge, globalisation, and internationalisation of the firm
* Knowledge, growth, trade and economic development
* Knowledge- and innovation policy
* Research methods

MSc in Innovation, Knowledge and Entrepreneurial Dynamics (MIKE-B)

Overview of activities1st term (7th semester): Firms in knowledge based interaction

Courses/seminars/assignments (20 ECTS):

* Introduction to objectives and themes
* Knowledge, innovation and industrial dynamics (10 ECTS), including * Theories of the firm and
* Knowledge, learning and innovation management


* Entrepreneurial dynamics in theory and practice (5 ECTS)
* Assignments (related to courses)
* Research methods I (5 ECTS)

Project work (10 ECTS) 2nd term (8th semester): Knowledge economics, innovation and competence systems, and firm development

Courses/seminars/assignments (15 ECTS):

* Knowledge, Innovation and Competence Systems, and globalisation (10 ECTS), including * Knowledge, learning and innovation in firms and economies
* Innovation and competence systems
* Knowledge, globalisation, and internationalisation of the firm


* Assignments related to courses
* Research methods II (5 ECTS)

Project work (15 ECTS)

3rd term (9th semester),Individual study programme (30 ECTS):

1) Internship or
2) Entrepreneurship project or
3) Study abroad or
4) Continued studies at Aalborg University

4th term (10th semester): Master Thesis

Project work (30 ECTS)

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Requirements

In order to be admitted to the MIKE-B programme the applicant must have successfully completed a bachelor degree in Economics or Business Administration respectively. Alternatively, students with a bachelor degree in an other field combined with significant coursework in economic analysis or with some relevant practical experience can be enrolled based on an individual assessment.

In addition, documented proficiency in both written and oral English is a prerequisite. Documented proficiency can for instance be a completed and approved IELTS test (International English Language Testing System) with a score of at least 6.5.
The Study Board considers all applicants. Decisions on admission are made on the basis of academic merit and available places in the programmes.


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