Commercialising Your Business Idea (11203.2)
|Level:||Level 3 - Undergraduate Advanced Unit|
Band 3 2013-2020 (Expires 31 Dec 2020) Band 4 2021 (Commenced After 1 Jan 2021) Band 5 2021 (Commenced Before 1 Jan 2021)
|Faculty:||Faculty of Business, Government & Law|
|Discipline:||Canberra Business School|
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- Semester 2, 2020, ON-CAMPUS, BRUCE (197706) - View
- Semester 2, 2019, ON-CAMPUS, BRUCE (184616) - View
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This capstone unit examines the multiple pathways that lead from research and innovation domains, through developmental stages, to the creation of wealth and value in markets. The unit allows students to conceptualise roles in converting innovative ideas and research for commercialisation. Value adding at a personal, enterprise and economic levels. Commercialisation develops students' knowledge of what commercialisation is and the resources and competencies necessary to develop and execute. The unit further develops students' collaboration and negotiation competencies and research skills, whilst the students undertaking WIL project.
After successful completion of this unit, students will be able to:
1. Integrate previous knowledge, skills and attributes to create or work on with an industry or research partner, innovate, take to market and commercialise an individual project. This can be built on from previous units of study;
2. Apply and evaluate appropriate theories to modern commercialisation environments;
3. Debate and defend ethical issues and reduce risk raised by commercialisation for local and international communities;
4. Enhance and demonstrate collaboration and negotiation competencies and research skills, and funding options;
5. Analyse and apply pathways of commercialisation and distinguish commercialisation organisations, resources and roles; and
6. Demonstrate application and evaluation of creative thinking, theories, models and techniques.
UC - Canberra, Bruce
Semester 2, 2020
On-Campus Attendance (Expected) and Online Content (ON-CAMPUS)
- Assessment 1 Commercilization Project (individual) (Total 45%. Project Part 1 - 20%. Planning Document Part 2 - 10%. Final Pitch Part 3 - 15% )
- Assessment 2 Mentoring (15% )
- Assessment 3 Evaluation of The Self and The Project (25% )
- Assessment 4: Weekly Online Workshop Contribution, Participation and Engagement (15% )
- On-Campus Attendance (Expected) and Online Content (ON-CAMPUS)
- Semester 2, 2020
Three hours of on-campus lectures and interactive workshops per week.
Must have completed the following: 11176 Marketing Fundamentals; 11190 Indigenous and Cultural Entrepreneurship; 11198 The Entrepreneurial Mind - Foundations of Entrepreneurship; 11199 Business Start Up Essentials; 11201 Creative and Critical Thinking for Problem Solving; and 11202 Innovation Management.
As this is the capstone unit for the Entrepreneurship and Innovation major, assumed knowledge is that the students have undertaken and passed the first 2.5 years of the Bachelor of Business degree (Entrepreneurship and Innovation major).
- MGB101 Bachelor of Business (Entrepreneurship & Innovation)
- MGAR03 Bachelor of Business/ Bachelor of Arts
- MGIT03 Bachelor of Business/ Bachelor of Business Informatics
- MGAR01 Bachelor of Business/ Bachelor of Communication and Media
- MGAR02 Bachelor of Business/ Bachelor of Design
- MGSC03 Bachelor of Business/ Bachelor of Laws
- MGSC02 Bachelor of Business/ Bachelor of Science in Psychology
- MGIT02 Bachelor of Business/ Bachelor of Information Technology
- SCMG01 Bachelor of Politics and International Relations/ Bachelor of Business