DSGN3701 Innovation Management

2017

4.5

1 x 120-minute lecture weekly
1 x 60-minute workshop weekly
1 x 240-minute project work weekly

1 of STEP3002, STEP3701, STEP8002, STEP8701 has been successfully completed

This topic introduces students to an understanding of the innovation management process, both from a firm and industry perspective. It explores the main issues in innovation management and equips students with the relevant skills to manage innovation. It provides examples of innovation management approaches incorporating real-world case studies of leading international and local organizations and industries. Students would understand how innovation is managed within organizations; factors affecting the adoption of new technological innovations; the role of market research in innovation management; the importance of strategic relationships and networks; value enhancement through service innovation; institutionalising innovation processes within operations management; open innovation and technology transfer; managing intellectual property; and the management of research and development.

This topic introduces students to an understanding of the innovation management process, both from a firm and industry perspective. It explores the main issues in innovation management and equips students with the relevant skills to manage innovation. It provides examples of innovation management approaches incorporating real-world case studies of leading international and local organizations and industries.

At the completion of the topic, students are expected to be able to:

1. Understand the innovation management processes within organizations
2. Discuss adoption considerations for relevant technologies
3. Critically evaluate the role of market research in innovation management
4. Map and analyse networks and strategic relationships for collaboration
5. Identify opportunities for service innovation
6. Evaluate innovation factors for operations management to institutionalise innovation management processes
7. Discuss open innovation and technology transfer initiatives
8. Understand intellectual property management
9. Assess the management of research and development