LEO5003 Innovation and new value creation
Faculty of Business and Economics
LEO5003 Innovation and new value creation is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics. It isn't offered in 2020. It has no prerequisites.
- Credit points
- 6
- Offered in 2020
- Not offered
- Workload
- 144 hours
- per semester
This is the 2020 handbook entry. See the 2027 entry.
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Overview
Advances in technology provide a range of opportunities for innovation, digital transformation and the creation of new value propositions. Entrepreneurs (and organisational intrapreneurs) who embrace innovation can create and commercialise new technology and monetise intellectual property (IP), setting their organisations apart in a competitive environment, even re-defining an industry. This unit examines the adoption and impact of technological advances, especially artificial intelligence and digital transformation, and prepares students for the challenges of innovations in that context. Building on foundational models and concepts of innovation and creativity, and a critical review of students’ collective experience of ideation, creativity, and design thinking, the unit provides a series of targeted lessons that extend students’ ability to contribute to organisational innovation.
Offerings in 2020
The 2020 handbook lists no offerings for LEO5003.
Learning outcomes
When you finish this unit, you should be able to:
- 1
develop understanding of innovation creation and adoption in light of advances in technology and artificial intelligence
- 2
demonstrate ability to analyse technological advances and identify the challenges and opportunities they pose to organisations
- 3
demonstrate creativity and design thinking that supports the realisation of innovation in competitive environments.
Workload and teaching
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
Contacts
- Chief Examiners
- Associate Professor Jonathan Matheny
Common questions
What are the prerequisites for LEO5003?
LEO5003 has no prerequisites.
When is LEO5003 offered?
LEO5003 has no offerings listed in the 2020 handbook.
How much work is LEO5003?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.