Faculty of Business and Economics

Monash University

Postgraduate - Unit

This unit entry is for students who completed this unit in 2014 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.

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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.

FacultyFaculty of Business and Economics
Organisational UnitDepartment of Management
OfferedCaulfield Second semester 2014 (Day)
Caulfield Second semester 2014 (Evening)
Coordinator(s)Dr Ananya Bhattacharya


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.


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.


Within Semester Assessment: 100%

Chief examiner(s)