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New Value Creation (MGMT90174)
Graduate courseworkPoints: 12.5On Campus (Parkville)
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Overview
Availability | April |
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Fees | Look up fees |
This subject provides frameworks for entrepreneurial activity and commercialisation of new ideas, which are of value to organisations and to customers in markets or societies. It covers creativity and ideation processes and the processes by which entrepreneurs prioritise, make decisions, allocate resources and evaluate such ideas as the pass from invention or acquisition stage through to scale up and commercialisation. The integration of market, economic, financial, societal, sustainability and production aspects of evaluation will also be considered.
Intended learning outcomes
On successful completion of this subject, students should be able to:
- Manage creativity processes aimed at identifying new forms of value creation in organisations
- Know how to evaluate ideas for decision purposes and prioritisation
- Evaluate potential for scale-up of new value potentials
- Apply market logic to new value potentials
- Recognise financially valuable new elements of products services and processes
- Consider new forms of business models and revenue streams delivered by entrepreneurial activities
- Apply opportunity recognition frameworks in organisations and society.
Generic skills
On successful completion of this subject students should have enhanced their skills in:
- Understanding of entrepreneurial processes and key elements of innovation success
- Analysis and problem solving
- Capacity for intellectual curiosity, creativity and independent thought
- Communication of key ideas and theories within the discipline areas
- Capacity for effective teamwork and collaboration
- Information retrieval and application in relation to practical problems.
Last updated: 9 April 2024
Eligibility and requirements
Prerequisites
Entry into the Master of Enterprise.
Corequisites
None
Non-allowed subjects
None
Inherent requirements (core participation requirements)
The University of Melbourne is committed to providing students with reasonable adjustments to assessment and participation under the Disability Standards for Education (2005), and the Assessment and Results Policy (MPF1326). Students are expected to meet the core participation requirements for their course. These can be viewed under Entry and Participation Requirements for the course outlines in the Handbook.
Further details on how to seek academic adjustments can be found on the Student Equity and Disability Support website: http://services.unimelb.edu.au/student-equity/home
Last updated: 9 April 2024
Assessment
Additional details
- Take-home exam (1000 words equivalent), due on the Tuesday after the delivery (20%);
- 1,500 word assignment, due four weeks after the delivery (30%); and
- 3,000 word field project, due eight weeks after the delivery (50%).
Last updated: 9 April 2024
Dates & times
- April
Mode of delivery On Campus (Parkville) Contact hours 20 hours of seminars taught intensively over 5 days, plus 2 x 3 hour group case analysis sessions (held on two evenings from 6-9pm during the intensive week) Total time commitment 170 hours Teaching period 8 April 2019 to 12 April 2019 Last self-enrol date 9 April 2019 Census date 26 April 2019 Last date to withdraw without fail 17 May 2019 Assessment period ends 7 June 2019
Time commitment details
Estimated total time commitment of 170 hours per semester
Last updated: 9 April 2024
Further information
- Texts
Prescribed texts
You will be advised of prescribed texts by your lecturer.
- Related Handbook entries
This subject contributes to the following:
Type Name Course Master of Enterprise Course Graduate Diploma in Enterprise - Links to additional information
Last updated: 9 April 2024