MPT712 - Managing Innovation (Tour)
Unit details
| Year: | 2024 unit information |
|---|---|
| Enrolment modes: | Not offered in 2024 |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | MPM712 |
| Typical 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. This will include educator guided online learning activities within the unit site. |
| 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:Faculty-led Study Tours are by application only and have limited places available. Visit the Business and law study abroad website for further information and how to apply. Please contact the Faculty WIL team at bl-wil@deakin.edu.au for any enquiries. | |
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.
| ULO | These are the Learning Outcomes (ULO) for this unit. At the completion of this unit, successful students can: | Deakin Graduate Learning Outcomes |
|---|---|---|
| ULO1 | Appraise and integrate the components of innovation management to show how they interact to achieve innovative outcomes. | GLO1: Discipline-specific knowledge and capabilities |
| ULO2 | Evaluate the key drivers of innovation and debate the future challenges to innovation within organisations. | GLO5: Problem solving |
| ULO3 | Argue how innovation management may be applied to achieve sustainable innovative outcomes in a global context. | GLO8: Global Citizenship |
| ULO4 | Summarise the skills required to manage innovation and critique own strengths and areas for development. | GLO2: Communication |
Assessment
| Assessment Description | Student output | Grading and weighting (% total mark for unit) |
Indicative due week |
|---|---|---|---|
| Assessment 1: (Individual) Presentation | 5 minutes | 15% | |
| Assessment 2: (Group of 4) Report (Business) | 4000 words | 40% | Week 4 |
| Assessment 3: (Individual) Online Portfolio (ten entries) | 1000 words in total | 10% | Week 8 |
| Assessment 4: (Individual) Report (Research) | 3000 Words | 35% | Week 10 |
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Learning Resource
The texts and reading list for the unit can be found on the University Library at the link here: MPT712 Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
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