MPT712 - Managing Innovation (Tour)
Unit details
| Year | 2025 unit information |
|---|---|
| Enrolment modes: | Not offered in 2025 |
| Credit point(s): | 1 |
| EFTSL value: | 0.125 |
| Prerequisite: | Nil |
| Corequisite: | Nil |
| Incompatible with: | MPM712 |
| In-person attendance requirements: | The study tour is a full 10 day trip of which 7 days have activities arranged from 8am through to 5pm. |
| Typical study commitment: | This unit is based on a study tour. Students will on average spend 150 hours over the teaching period undertaking the teaching, learning and assessment activities for this unit. This will include educator guided online learning activities within the unit site. |
Note:Faculty-led Study Tours are by application only and have limited places available. Visit the Business and law study abroad website for further information and how to apply. Please contact the Faculty WIL team at bl-wil@deakin.edu.au for any enquiries. | |
Content
In this unit students visit an innovative ecosystem (such as Silicon Valley in the USA or Chilcon Valley in Chile) and spend 10 days visiting key organisations in the chosen entrepreneurial hub in order to learn more about managing innovation. A wide range of organisations will be selected as part of the study tour in order to develop comprehensive knowledge about 'intrapreneurship' and the processes by which innovative ideas are turned into commercial advantage. Innovation can occur in products/services, processes and systems, business models, or in business operations. Hence, the unit focuses on the innovation process itself, management strategies that foster innovation, and how innovation models and theory can be applied to each of these areas, resulting in sustainable competitive advantage. As part of the study tour students will have the opportunity to learn from the leaders in the area of innovation and also to expand their own networks in order to continue to develop their own innovation skills in future.
Learning Outcomes
| ULO | These are the Unit Learning Outcomes (ULOs) for this unit. At the completion of this unit, successful students can: | Alignment to Deakin Graduate Learning Outcomes (GLOs) |
|---|---|---|
| ULO1 | Appraise and integrate the components of innovation management to show how they interact to achieve innovative outcomes. | GLO1: Discipline-specific knowledge and capabilities |
| ULO2 | Evaluate the key drivers of innovation and debate the future challenges to innovation within organisations. | GLO5: Problem solving |
| ULO3 | Argue how innovation management may be applied to achieve sustainable innovative outcomes in a global context. | GLO8: Global Citizenship |
| ULO4 | Summarise the skills required to manage innovation and critique own strengths and areas for development. | GLO2: Communication |
Assessment
| Assessment Description | Student output | Grading and weighting (% total mark for unit) |
Indicative due week |
|---|---|---|---|
| Assessment 1: (Individual) Presentation | 5 minutes | 15% | |
| Assessment 2: (Group of 4) Report (Business) | 4000 words | 40% | Week 4 |
| Assessment 3: (Individual) Online Portfolio (ten entries) | 1000 words in total | 10% | Week 8 |
| Assessment 4: (Individual) Report (Research) | 3000 Words | 35% | Week 10 |
The assessment due weeks provided may change. The Unit Chair will clarify the exact assessment requirements, including the due date, at the start of the teaching period.
Learning resource
The texts and reading list for MPT712 can be found via the University Library.
Note: Select the relevant trimester reading list. Please note that a future teaching period's reading list may not be available until a month prior to the start of that teaching period so you may wish to use the relevant trimester's prior year reading list as a guide only.
Unit Fee Information
Fees and charges vary depending on the type of fee place you hold, your course, your commencement year, the units you choose to study and their study discipline, and your study load.
Tuition fees increase at the beginning of each calendar year and all fees quoted are in Australian dollars ($AUD). Tuition fees do not include textbooks, computer equipment or software, other equipment or costs such as mandatory checks, travel and stationery.
For further information regarding tuition fees, other fees and charges, invoice due dates, withdrawal dates, payment methods visit our Current Students website.