Applied Innovation Studio A
Overview
The Applied Innovation Studio A and B run concurrently. Studio A aims to develop students’ strategic thinking for the development of innovation projects. This includes tools for evaluating and prioritising opportunities for implementing new products, services or practices in a broad range of contexts, not necessarily within the boundaries of their own discipline. Students consider complexity, uncertainty, timeframes, stakeholder engagement, industry trends, intellectual property, legal aspects, funding, societal and environmental impact and value propositions in developing approaches to implementation. Communication of strategic vision will be supported via roadmapping and visualisation methods to communicate clearly the opportunity and value created.
Learning outcomes
Students who successfully complete this unit will be able to:
- Apply strategic thinking methods to evaluate innovation projects.
- Consider emerging technologies, funding models, legal aspects and regulations when determining a plan to execute an innovation project.
- Identify relevant stakeholders that can bring value to innovation projects.
- Examine technology, social innovation and sustainability aspects when proposing how to commercialise and/or implement innovations.
- Communicate and defend the value of an innovation project to diverse stakeholders.
- Develop a roadmap for the implementation of innovation projects.
Teaching methods
Hawthorn
| Type | Hours per week | Number of weeks | Total (number of hours) |
|---|---|---|---|
| Face to Face Contact (Phasing out) Studio | 6.00 | 12 weeks | 72 |
| Specified Learning Activities (Phasing out) Various | 9.00 | 12 weeks | 108 |
| Unspecified Learning Activities (Phasing out) Independent Learning | 10.00 | 12 weeks | 120 |
| TOTAL | 300 |
Assessment
| Type | Task | Weighting | ULO's |
|---|---|---|---|
| Portfolio | Individual/Group | 100% | 1,2,3,4,5,6 |
Content
This unit may include:
- Project evaluation and selection tools
- Project scoping and planning (skills, resources and partners)
- Managing uncertainty in complex projects
- Dealing with ambiguity
- Value proposition
- User-centred design
- Journey maps
- Roadmaps
- Stakeholder engagement
- Behaviour change
- Strategic thinking
- Current, emerging and future industry sector needs
- Concept exploration
- Impact and business model
- Compliance - standards, governing bodies and regulation
- IP arrangements
- Funding models
- Pitching
Study resources
Reading materials
A list of reading materials and/or required textbooks will be available in the Unit Outline on Canvas.