Innovation Management
Duration
- One teaching period
Contact hours
- 36 hours
Prerequisites
ENT10002 Creativity and InnovationCorequisites
Nil
Aims and objectives
This unit presents a contemporary view of innovation management and encourages critical understanding of current thinking and approaches in the field. Students are made aware of the need to view innovation within organisations both strategically and tactically. Innovation is also portrayed as a management process for ensuring sustainable competitive advantage in increasingly unpredictable business environments.
After successfully completing this unit, you will be able to:
- Identify and critique the key features of innovative organisations
- Examine and appraise models of innovation management by evaluating research from a variety of sources
- Specify ways an organisation can encourage and discourage a culture of creativity and innovation, and ultimately craft an organisation that will embrace innovation by generating creative solutions
- Work collaboratively in teams to analyse, evaluate and communicate an existing business or organisation's current level of innovation using a variety of media
Courses with unit
This is a unit of study in the Bachelor of Business suite of courses.
Unit information in detail
- Teaching methods, assessment, general skills outcomes and content.
Teaching methods
Lecture (2 hours), Tutorial (1 hour)
Assessment
1. Report 1 (Individual) 25-35%
2. Report 2 (Individual) 30-40%
3. Report 3 (Group) 25-45%
2. Report 2 (Individual) 30-40%
3. Report 3 (Group) 25-45%
General skills outcomes
The graduate attributes which relate to this unit help to produce graduates who are:
- Capable in their chosen professional, vocational or study areas
- Entrepreneurial in contributing to innovation and development within their business, workplace or community
- Effective and ethical in work and community situations
- Adaptable and able to manage change
- Aware of local and international environments in which they will be contributing (e.g. socio-cultural, economic, natural)
Content
- Models for innovation management
- Tactics for crafting an innovative organisation
- Innovation culture
- Organisational constraints to innovation
- Innovation tools
- Measuring innovation performance
- Innovation capability assessment
- Intellectual property
- Technology transfer & open innovation
- Innovation strategies
Study resources
- Reading materials.
Reading materials
Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.