units

MGX5600

Faculty of Business and Economics

18 September 2017 22 November 2024
Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2012 only. For students planning to study the unit, please refer to the unit indexes in the the current edition of the Handbook. If you have any queries contact the managing faculty for your course or area of study.

print version

6 points, SCA Band 3, 0.125 EFTSL

Refer to the specific census and withdrawal dates for the semester(s) in which this unit is offered, or view unit timetables.

LevelPostgraduate
FacultyFaculty of Business and Economics
OfferedCaulfield Second semester 2012 (Day)
Caulfield Second semester 2012 (Evening)
Coordinator(s)Dr Dayna Simpson

Synopsis

This unit looks at innovation as a managerial process. It provides methodologies for setting up and managing innovation within teams, departments and organisation wide.
Topics cover: sources of innovation; collaboration and cooperation in innovation; types of innovation networks: social, sartorial, regional, national and global; the strategies and stages of creative innovation, translating knowledge into innovation; methods of selecting and rejecting innovation including the stage gate process; mapping technological change and opportunity; managing an innovative culture and the diffusion of innovation, exploiting intellectual property; the role of discontinuous innovation, and innovation for growth and sustainability in domestic and international markets.

Outcomes

The learning goals associated with this unit are to:

  1. develop strategies for managing innovation and its commercialisation
  2. design an appropriate process for screening a new product service idea through to introduction
  3. define criteria for the sustainability of innovations
  4. describe the impact of networks and role of networking on managing the innovation process.

Assessment

Within Semester Assessment: 100%

Chief examiner(s)

Dr Dayna Simpson