21869 Innovation by Design8cp
There are course requisites for this subject. See access conditions.
This subject introduces students to contemporary theories of innovation and entrepreneurship. Central to business and corporate success in the contemporary 'global high-tech' economy is the need for innovation, risk-taking and entrepreneurial action. Entrepreneurship, including both the people and processes of organisational creation, is a fundamental dynamic of change in society. Entrepreneurship is essential to the creation and renewal of economic wealth and well-being. Improvements in the internet, telecommunication and transport have contributed to enhancing entrepreneurial risk-taking. Innovation is the central driving force in tomorrow's global economy. Innovation in every part of the firm's systems, operations, culture and organisation is gaining greater importance. Process innovations, too, are increasing in importance. Managing and fostering these innovations continues to be a key managerial challenge.
Detailed subject description.