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Technological Innovation and Entrepreneurship (11408.1)

Level: Level 2 - Undergraduate Intermediate Unit
Credit Points: 3
HECS Bands: 2
Faculty: Faculty of Science and Technology
Discipline: Academic Program Area - Technology


Possible changes to your unit's learning activities and assessment items

For the remainder of 2020, resulting from Australian Government's directives requiring physical distancing and restrictions on movement because of the COVID-19 pandemic, any exams that are required for assessment in a unit will be online exams. Online exams may also use online proctoring to help assure the academic integrity of those exams. Please contact your unit convener with any questions.

While the University has made efforts to ensure that Unit Outlines reflect a unit’s learning activities and assessment items, any changes to Australian Government directives because of the COVID-19 pandemic may require changes to these during the semester to ensure the safety and well being of students and staff. These changes will not be updated in the published unit outline, but will be communicated to you via your unit’s UCLearn(Canvas) teaching site. Any changes made will continue to meet the unit’s learning outcomes, as described in the Unit Outline.

Unit Outlines

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  • Semester 2, 2020, ON-CAMPUS, BRUCE (198580) - View
  • Semester 1, 2020, ON-CAMPUS, BRUCE (194097) - View
  • Semester 1, 2019, ON-CAMPUS, BRUCE (190529) - View

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This unit will present the concepts and principles of innovation and entrepreneurship, in both Information and Communication Technology (ICT) and Engineering context. Innovation will be explained as the process of introducing changes that add new values to an organisation, whilst entrepreneurship will be presented as the risk-taking appetite of systematically searching for opportunities arising from innovation and transforming those opportunities to deliver commercial benefit to the organisation and value-add to the broader communities.

Innovation concepts and principles will be covered with innovation sources and types, innovation processes, and innovation management. The creation of an innovation culture will also be considered from the standpoints of leadership focus and organisational structure, together with promoting an innovative and ethical culture.

The concepts and principles of entrepreneurship, and also intrapreneurship, will be introduced with a focus on the entrepreneurial environment and the new-venture creation processes, including due consideration of associated risks and the pathways to new company start-ups in accordance with the associated legal frameworks and an introduction to business, finance and operational plans, plus pitching to potential investors and utilising strategic networks.

The unit also covers the needs for new ventures to transform their creativity and innovation potentials into market values, competitive edges, and the value propositions. The protection and management of Intellectual Property (IP) will also be addressed.

This unit may utilise guest speakers and industry case studies.

This unit may be co-taught with Technological Innovation and Entrepreneurship G.

Learning Outcomes

After successful completion of this unit, students will be able to:

1. Identify the need for an innovative solution, generate alternative conceptual solutions, evaluate these solutions and also implement them;

2. Describe the basic elements of innovation, entrepreneurship and commercialisation;

3. Appraise decision making responsibilities at the interface between business and innovation;

4. Assess the dynamics of collaborative teams to work effectively within a team to accomplish tasks within given deadlines; and

5. Explain start-up company pathways, including legal structures, legal obligations, taxation and book keeping, and ethics and social responsibility issues etc.

Assessment Items



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