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A course mapper by Monash Association of Coding (MAC)
Managing innovation
MGF5600
Synopsis
This unit looks at innovation as a managerial process. It provides methodologies for setting up and managing innovation within teams, departments and organisation wide.
Topics cover: sources of innovation; collaboration and cooperation in innovation; types of innovation networks: social, sartorial, regional, national and global; the strategies and stages of creative innovation, translating knowledge into innovation; methods of selecting and rejecting innovation including the stage gate process; mapping technological change and opportunity; managing an innovative culture and the diffusion of innovation, exploiting intellectual property; the role of discontinuous innovation, and innovation for growth and sustainability in domestic and international markets.
Sourced from the Monash Handbook 2026.
Quick facts
- Credit points
- 6
- Level
- 5
- Audience
- Postgraduate
- Type
- Coursework
- School
- Faculty of Business and Economics
- Faculty
- Department of Management
- Handbook year
- 2026
Prerequisites
No prereqs in the handbook graph.
What it unlocks
Nothing in the visible graph depends on this unit.
Offerings (2)
- November teaching periodCaulfield · FLX-BLK
- Second semesterCaulfield · BLENDED
Listed in 3 areas of study
- Contemporary managementCore units
- Earth scienceAdditional advanced studies units
- Supply chain managementCore units