MKTG5603 Management of Technology and Innovation
- 6 points
|Trimester 3||UWA (Perth)||Face to face|
- Technology and innovation are pervasive forces throughout society and organisations. They are both critical to establishing a sustainable competitive edge through either differentiation or a superior cost position. This unit provides students with a strategic perspective on the role of technology and innovation in organisations and also with practical management tools that they can use to manage specific innovations and technological changes. The first segment of the unit establishes a basic understanding of the nature of technology and innovation. The second segment deals with the management of innovative projects—the vehicle of change. The third segment of the unit deals with strategic aspects of technology and innovation, establishing a stream of innovations to maintain a competitive edge.
- Students are able to (1) explain the concepts and key theories relating to commercialisation and new product development; (2) explain the theory of innovation and its diffusion process within an applied environment; (3) evaluate and screen commercialisation options and opportunities; (4) undertake a comprehensive assessment and prepare a commercialisation plan for the commercialisation of a new product or innovation; (5) undertake an assessment of intellectual property (IP) rights protection measures that relate to the commercialisation of a new product or innovation and build an IP portfolio; and (6) demonstrate the skills of making a formal presentation of the business case and potential funding request for the new product or innovation's commercialisation to third parties.
- Typically this unit is assessed in the following ways: (1) individual research assignment; (2) group applied project; and (3) individual oral presentation. Further information is available in the unit outline.
Supplementary assessment is not available in this unit.
- Unit rules
- enrolment in the Master of Business Administration (coursework)
the Graduate Certificate in Entrepreneurship and Innovation;
approval from the Faculty of Business only, which will be determined with regard to relevant documented professional work experience.
- Contact hours
- lectures/seminars/workshops: up to 3 hours per week
- The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
- All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
- Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available at the University Co-operative Bookshop (from early January) and appropriate administrative offices for students to consult. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.