MPT712 - Managing Innovation (Tour)
| Year: | 2023 unit information |
|---|---|
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | MPM712 |
| Study commitment | This unit is based on a study tour. Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. |
| In-person attendance requirements | The study tour is a full 10 day trip of which 7 days have activities arranged from 8am through to 5pm. |
| Note: | Note: Please refer to Study Tour for further information. Special enrolment applies. |
Content
In this unit students visit an innovative ecosystem (such as Silicon Valley in the USA or Chilcon Valley in Chile) and spend 10 days visiting key organisations in the chosen entrepreneurial hub in order to learn more about managing innovation. A wide range of organisations will be selected as part of the study tour in order to develop comprehensive knowledge about 'intrapreneurship' and the processes by which innovative ideas are turned into commercial advantage. Innovation can occur in products/services, processes and systems, business models, or in business operations. Hence, the unit focuses on the innovation process itself, management strategies that foster innovation, and how innovation models and theory can be applied to each of these areas, resulting in sustainable competitive advantage. As part of the study tour students will have the opportunity to learn from the leaders in the area of innovation and also to expand their own networks in order to continue to develop their own innovation skills in future.
Unit Fee Information
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