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Course specification
The current and official versions of the course specifications are available on the web at .
Please consult the web for updates that may occur during the year.

ENG8207 Innovation Management and New Product Development

Semester 3, 2021 Online
Short Description: Innovation Management
Units : 1
Faculty or Section : Faculty of Health, Engineering and Sciences
School or Department : Faculty of Health, Engineering and Sciences
Student contribution band : Band 2
ASCED code : 039999 - EnginTech not classified
Grading basis : Graded

Staffing

Examiner:

Other Requisites

Recommended prior or concurrent study: ENG8101

Rationale

Managers of technological innovation need to understand and manage key technological creation and development processes such as basic research, applied research and development, technology transfer and commercialisation. Knowledge of managing these processes equips the innovation manager to foster innovation and invention and develop products and services with market potential into commercial reality. In so doing, the innovation manager benefits not only the firm but society as a whole.

Synopsis

Building on the foundation course of ENG8101 Technological Impact and Its Management, this course is designed to enable students to understand the commercial research and development process, appraise the factors which impact on innovation and its development from a managerial point of view, understand and apply the organisational, social and environmental factors which impact on product and process innovation, appreciate and manage the relevant risks, and understand key issues such as new product development and commercialisation.

Objectives

The course objectives define the student learning outcomes for a course. On completion of this course students will be able to:

  1. Understand the concept of innovation and innovation management;
  2. Manage technological innovation within organisations, having regard to factors such as intellectual property management and commercial risk;
  3. Understand and evaluate the research and development process;
  4. Understand and manage new product development;
  5. Apply innovation processes by creating a technology development plan.

Topics

Description Weighting(%)
1. The concept of innovation management 10.00
2. Managing innovation including intellectual property management 20.00
3. Role of technology transfer and strategic alliances in innovation management 20.00
4. Managing research and development 20.00
5. New product development 30.00

Text and Materials

ALL textbooks and materials available to be purchased can be sourced from (unless otherwise stated). (https://omnia.usq.edu.au/textbooks/?year=2021&sem=03&subject1=ENG8207)

Please for alternative purchase options from USQ Bookshop. (https://omnia.usq.edu.au/info/contact/)

Trott, P 2016, Innovation management and new product development, 6th edn, Pearson Education limited, London.

Reference Materials

Reference materials are materials that, if accessed by students, may improve their knowledge and understanding of the material in the course and enrich their learning experience.
Ettlie, JE 2000, Managing technological innovation, John Wiley, New York.
Tidd, J. & Bessant, J., 2015, Innovation and Entrepreneurship, 3rd edn, John Wiley, New York.

Student Workload Expectations

Activity Hours
Assessments 40.00
Directed Study 50.00
Private Study 75.00

Assessment Details

Description Marks out of Wtg (%) Due Date Objectives Assessed Notes
ASSIGNMENT 1 200 20 13 Dec 2021 1,2,3
ASSIGNMENT 2 300 30 03 Jan 2022 1,2,3,4
ASSIGNMENT 3 500 50 24 Jan 2022 1,2,3,4

Important assessment information

  1. Attendance requirements:
    There are no attendance requirements for this course. However, it is the students' responsibility to study all material provided to them or required to be accessed by them to maximise their chance of meeting the objectives of the course and to be informed of course-related activities and administration.

  2. Requirements for students to complete each assessment item satisfactorily:
    To satisfactorily complete an assessment item a student must achieve at least 50% of the marks or a grade of at least C-. Students do not have to satisfactorily complete each assessment item to be awarded a passing grade in this course. Refer to Statement 4 below for the requirements to receive a passing grade in this course.

  3. Penalties for late submission of required work:
    Students should refer to the Assessment Procedure (point 4.2.4)

  4. Requirements for student to be awarded a passing grade in the course:
    To be assured of receiving a passing grade a student must obtain at least 50% of the total weighted marks available for the course.



  5. Method used to combine assessment results to attain final grade:
    The final grades for students will be assigned on the basis of the weighted aggregate of the marks (or grades) obtained for each of the summative assessment items in the course.

  6. Examination information:
    There is no examination for this course.

  7. Examination period when Deferred/Supplementary examinations will be held:
    Deferred and Supplementary examinations will be held in accordance with the Assessment Procedure .

  8. University Student Policies:
    Students should read the USQ policies: Definitions, Assessment and Student Academic Misconduct to avoid actions which might contravene University policies and practices. These policies can be found at .

Assessment Notes

  1. Students must familiarise themselves with the USQ Assessment Procedures (.

  2. Referencing in Assignments must comply with the Harvard (AGPS) referencing system. This system should be used by students to format details of the information sources they have cited in their work. The Harvard (APGS) style to be used is defined by the USQ library’s referencing guide. These policies can be found at .

Other Requirements

  1. Students will require access to e-mail and internet access to UConnect for this course.

Date printed 11 February 2022