|Fees||Look up fees|
The subject is systematically organised around the creation of new value, processes of innovation, management and operation of new and emerging ventures. The subject covers all of the major aspects of innovation strategy and capabilities, including leadership of innovation, creativity, design led innovation, open innovation, management of the innovation portfolio and new product development processes. The subject examines foundations of entrepreneurship and innovation, the entrepreneurial journey and fundamental strategies, developing entrepreneurial ventures and innovation and entrepreneurial practices in organisations.
Intended learning outcomes
On successful completion of this subject, students will be able to:
- Analyse and evaluate various approaches to managing innovation and entrepreneurship, in both startup and mature organisations;
- Evaluate and discuss characteristics and capabilities found in successful entrepreneurs and what these entrepreneurial types have in common with organisational innovation leaders;
- Explain the major theories and models of entrepreneurship and innovation management and apply to the analysis of case study problems;
- Describe the interactive process of entrepreneurship and innovation and how to develop an entrepreneurial strategy within business organisation.
On successful completion of this subject, students should have improved the following generic skills:
- High level of development: Problem solving and critical thinking, through application of theoretical material to actual case studies;
- Moderate level of development: collaborative learning and teamwork; evaluation and analysis of data and theoretical information;
- Moderate level of development: Accessing data and other research information from a range of sources, including electronic and written forms; and oral and written communication.
Last updated: 22 November 2023