Handbook home
Managing Innovation (MGMT90030)
Graduate courseworkPoints: 12.5Online
Please refer to the return to campus page for more information on these delivery modes and students who can enrol in each mode based on their location.
About this subject
- Overview
- Eligibility and requirements
- Assessment
- Dates and times
- Further information
- Timetable(opens in new window)
Contact information
Semester 1
Dr Jiamin Zhang jiamin.zhang@unimelb.edu.au
Semester 2
Dr Jiamin Zhang jiamin.zhang@unimelb.edu.au
Overview
Availability | Semester 1 - Online Semester 2 - Online |
---|---|
Fees | Look up fees |
The purpose of this subject is to examine the topics of Managing Innovation and Entrepreneurship in the context of large and small organisations. Innovation is ultimately the lifeblood of organisations, in that it is concerned with the capability to effectively introduce new products and services, new or substantively improved processes or other major initiatives into existing and new organisations. Topics include innovation capability, new product/process technology introduction, and innovation culture and innovation measures The subject addresses the process of innovation exploitation and exploration and the role ambidextrous organisational designs and dynamic organisational capabilities play in this process. The subject will examine the emerging importance of open innovation in the co-evolution of market and customer value and the use of crowd and expert sourcing in this process. Key elements addressed that are part of successful innovation companies are vision and strategy innovation, creativity and idea management, culture and climate, management of technology, organisational structures, intelligence and systems. Firms that have successfully and systematically created such capabilities will be used as case studies. The subject also examines the definition of an entrepreneur as an innovator who recognises and seizes opportunities; converts those opportunities into workable/marketable ideas; adds value through effort, money and skills; assumes the risk of the competitive marketplace to implement these ideas; and realises the rewards from these efforts.
Intended learning outcomes
On successful completion of this subject students should be able to:
- Explain the range, scope and complexity of the issues and problems related to the strategic management of technology, innovation and entrepreneurship;
- Analyse the conceptual framework for assessing and auditing the innovative capabilities of a business organisation;
- Describe the skills necessary to an effective entrepreneur throughout the innovation process from idea to market;
- Explain the theories and models of managing innovation and entrepreneurship;
- Apply major innovation theories and models of organisational problems to the analysis of case studies;
- Analyse the impact of effective management of innovation and entrepreneurship on organisational performance;
- Critically evaluate core principles of innovation management and comment on their implications;
- Explain the innovation cycle, from conceptualisation to commercialisation, and how it can be accelerated.
Generic skills
On successful completion of this subject, students should have improved the following generic skills:
- High level of development: Problem solving and critical thinking, which should be fostered in the tutorial program where students will apply theoretical material to actual case studies;
- High level of development: Collaborative learning and team participation, which should be fostered through the tutorial program;
- Evaluation and analysis of data and theoretical information;
- Accessing data and other research information from a range of sources, including electronic and written forms; and
- Moderate level of development of oral and written communication skills.
Last updated: 9 April 2024
Eligibility and requirements
Prerequisites
None
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
Description | Timing | Percentage |
---|---|---|
In class group presentation (groups of 4-5 students) in assigned weeks of the semester
| Throughout the semester | 10% |
Five weekly assignments to be submitted before class in specified weeks during semester (4% each for a total of 20%)
| Throughout the semester | 20% |
Group assignment (groups of 4-5 students)
| Week 11 | 20% |
End of semester exam
| End of semester | 50% |
Additional details
Important online examination information: This examination is the equivalent of a 2-hour assessment; however, students are provided with 3-hours to accommodate the time that will be required for typesetting of mathematical expressions and/or the uploading of documents.
Last updated: 9 April 2024
Dates & times
- Semester 1 - Online
Principal coordinator Jiamin Zhang Mode of delivery Online Contact hours 36 hours (1.5hr lecture plus 1.5hr workshop each week) Total time commitment 170 hours Teaching period 1 March 2021 to 30 May 2021 Last self-enrol date 12 March 2021 Census date 31 March 2021 Last date to withdraw without fail 7 May 2021 Assessment period ends 25 June 2021 Semester 1 contact information
Dr Jiamin Zhang jiamin.zhang@unimelb.edu.au
- Semester 2 - Online
Principal coordinator Jiamin Zhang Mode of delivery Online Contact hours 36 hours (1.5hr lecture plus 1.5hr workshop each week) Total time commitment 170 hours Teaching period 26 July 2021 to 24 October 2021 Last self-enrol date 6 August 2021 Census date 31 August 2021 Last date to withdraw without fail 24 September 2021 Assessment period ends 19 November 2021 Semester 2 contact information
Dr Jiamin Zhang jiamin.zhang@unimelb.edu.au
Time commitment details
Estimated total time commitment of 170 hours per semester
Last updated: 9 April 2024
Further information
- Texts
Prescribed texts
Samson, D. and Gloet, M., ( 2016 ) Innovation and Entrepreneurship: Creating New Value Oxford University Press.
- Related Handbook entries
This subject contributes to the following:
- Available through the Community Access Program
About the Community Access Program (CAP)
This subject is available through the Community Access Program (also called Single Subject Studies) which allows you to enrol in single subjects offered by the University of Melbourne, without the commitment required to complete a whole degree.
Entry requirements including prerequisites may apply. Please refer to the CAP applications page for further information.
- Available to Study Abroad and/or Study Exchange Students
This subject is available to students studying at the University from eligible overseas institutions on exchange and study abroad. Students are required to satisfy any listed requirements, such as pre- and co-requisites, for enrolment in the subject.
Last updated: 9 April 2024