Course profile

Technology and Innovation Management (TIMS3309)

Study period
Sem 2 2024
Location
St Lucia
Attendance mode
In Person

Course overview

Study period
Semester 2, 2024 (22/07/2024 - 18/11/2024)
Study level
Undergraduate
Location
St Lucia
Attendance mode
In Person
Units
2
Administrative campus
St Lucia
Coordinating unit
Business School

Introduction to the management of technology and innovation, including strategic and operational technology and innovation management, business competitiveness, business partnerships and alliances, managing R&D, new product development, and valuation of technology. The course is intended to develop corporate entrepreneurs who effectively manage innovation leading firms.

Innovation and technology are vitally important as key drivers of economic growth, nationally and for sustained business competitiveness. The effective management of innovation and technology, however, provides major challenges to managers from all organisations – business, governments and public sector institutions such as universities and research institutes.

This course is aimed at undergraduate science, engineering and business students wishing to develop greater understanding of some of the complex issues facing organisations today and in the future. As such, the course is designed to develop corporate entrepreneurs who can effectively manage innovation across a wide range of settings, ranging from engineering and design firms through to healthcare, professional services, and the resources industry. We’ll be combining cutting edge research with guest lectures from leading figures in industry to teach you the basics of technology and innovation management, including how to build an innovation strategy, sustain a competitive advantage, develop business partnerships and alliances required for successful commercialisation, and introduce you to tools for managing the uncertainty associated with new product and service development. The three following broad areas will be addressed:

Sources and patterns of technological innovation: Sources of innovation; Types and patterns of innovation; Diffusion of innovation, the influence of innovation and imitation on advantage

Devising innovation strategy: Defining the organisation’s strategic direction; Choosing innovation projects; Collaboration strategies; mechanisms for profiting from innovation

Implementing strategy: Organising for innovation; Managing the innovation process; Managing innovation teams; Crafting a deployment strategy.

Course requirements

Incompatible

You can't enrol in this course if you've already completed the following:

TIMS7318

Restrictions

Quota: Minimum of 35 enrolments

Course contact

Course staff

Lecturer

Timetable

The timetable for this course is available on the UQ Public Timetable.

Additional timetable information

Please note: Teaching staff doﾠnotﾠhave access to the timetabling system to help with class allocation. Therefore, should you need help with your timetable and/or allocation of classes, please ensure you email business.mytimetable@uq.edu.au from your UQ student email account with the following details:

Full name

Student ID

Course Code

Aims and outcomes

Aims and outcomes

This course aims to introduce students to key concepts relating to the management of technical innovation and provide them with an understanding of some of the challenges and opportunities facing organisations in the twenty-first century.ﾠ

Learning outcomes

After successfully completing this course you should be able to:

LO1.

Understand why diversity is important for innovations.

LO2.

Clearly articulate and defend why and how technology and innovation contribute to the competitive advantage and longevity of organisations.

LO3.

Formulate potential strategies for action in the realm of organisational innovation and/or speculate as to others' motivations and strategies in this regard.

LO4.

Have a broad-based, working understanding of how an innovation moves from an idea to a commercial outcome.

LO5.

Articulate an integrated approach (from conception of the idea, to marketing, sales, and control systems) that would underpin the development and diffusion of a technology and innovation in the marketplace.

LO6.

Demonstrate a thorough understanding of aspects of innovation management by analysing the history and activities of a real-world innovative business in terms of these aspects.

LO7.

Be able to discuss ethics and sustainability in innovation settings in both a team and individual capacity.

Course overview
Assessment

Assessment

Assessment summary

Category Assessment task Weight Due date
Essay/ Critique Weekly short essay response 40%

29/07/2024 - 30/09/2024

Weekly prior to class, starting in Week 2
Paper/ Report/ Annotation Innovation case study
  • Hurdle
 40%

4/11/2024 10:00 pm
Presentation, Poster, Product/ Design Team Photo Presentation
  • Team or group-based
 20% Group

26/08/2024 - 26/08/2024

After submission, you may be asked to share parts of the presentation or your insights with the class.

A hurdle is an assessment requirement that must be satisfied in order to receive a specific grade for the course. Check the assessment details for more information about hurdle requirements.

Assessment details

Weekly short essay response

Mode
Written
Category
Essay/ Critique
Weight
40%
Due date

29/07/2024 - 30/09/2024

Weekly prior to class, starting in Week 2

Learning outcomes
L01, L02, L03, L04, L05, L06, L07

Task description

Weekly short essay response

Individual; 8 Short Responses

Task Description:

Each week you will submit a short response demonstrating your knowledge and critical reflections of the weekly resources including one reading and one case study. To do so, you will be provided with a template where you can insert your responses. There are 8 weeks requiring the completion of this task from Week 2 to Week 10, excluding Week 6 where students are submitting their group assessment. The 8 essays will count towards your final grade (5% each, a total of 40%). Students will have the opportunity to submit ONE make-up essay in Week 11 (due October 8th, 22:00)

The responses to each week’s essay will be covered during the corresponding Seminar, for example, during the Seminar of Week 1 we will cover the contents needed to respond to the first response which is due before the lecture of Week 2. Consequently, during the seminars, students will be guided through the completion of their essays. Moreover, the concepts identified in the weekly essays should be incorporated in Assessment 3 (final report).

Reference wordcount:

The completion of each essay should take approximately 30 mins of work and require no more than one-page of writing to answer, around 500 words.

Essay template:

For example, you might be asked to read Melissa Schilling’s chapter on types of innovation, watch a video of Tim Harford discussing the history of the electric dynamo, and then;

1.   Identify ONE concept from the reading (complete prior to each week’s class)

2.   Develop ONE idea demonstrating the application of this concept to the corresponding case study (complete prior each week’s class).

3.   Elaborate ONE short argument explaining your perspective on a specific question based on the seminar’s learnings and team discussion (reflections, observations, refinement of your responses).

Submission:

All assignments are to be electronically submitted through the Blackboard Assessment link (Turnitin) within the Assessments section (Assessment 2). This assessment provides regular low-stakes opportunities to get feedback on your comprehension of the course material as well as accrue marks that will contribute to 40% of your final grade. We will also be drawing on this work to drive our in-class discussions and you will be required to incorporate the learnings from these activities in your Assessment 3.

Can you use Artificial Intelligence (AI) for this assignment?

  1. No. You will have opportunities to use AI in this course, but not for this particular assignment. We expect you to elaborate on your own ideas and learning insights each week.

Criteria & Marking:

UQ Students: Please access the profile from Learn.UQ or mySI-net to access marking criteria held in this profile.

Submission guidelines

All assignments are to be electronically submitted through the Blackboard Assessment link.

Deferral or extension

You cannot defer or apply for an extension for this assessment.

Students will have the opportunity to submit ONE make-up essay in Week 11 (due October 8th, 10:00 PM)

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Innovation case study

  • Hurdle
Mode
Written
Category
Paper/ Report/ Annotation
Weight
40%
Due date

4/11/2024 10:00 pm

Learning outcomes
L02, L03, L04, L05, L06

Task description

INNOVATION CASE STUDY


Task Description:

The assignment is to write a 2,000-word (+-10%) report based on your knowledge of technology and innovation management applied to an Australian corporate innovation context.

This report has two parts, each should be approximately 1,000 words.


PART A – Innovation challenges and opportunities. You will use secondary and/or primary sources of research to introduce an Australian corporate entrepreneurship case. Based on your learnings through this course, you will provide an analysis of the venture's:

a)     Key resources

b)    Competitive environment and key industry dynamics

c)     Type of innovation pursued, and technologies involved.

 

PART B – Strategies and future recommendations. Based on your learnings from the readings and cases throughout the semester, you will:

d)    Identify and explain THREE potential paths for future growth and scaling, and

e)     Recommend one of these strategies providing justification of your choice.

 

In summary, you will combine what you have learned in the course with your own original research to:

  1. Use concepts from the course to describe the characteristics, challenges, and opportunities of an existing venture trying to succeed in the technological innovation space, including in-text citations.
  2. Use the learnings from the cases reviewed in class to identify potential strategies for innovation management that can be deemed successful for that specific industry and context.
  3. Use the learnings from the cases reviewed in class to identify the limitations of the strategies identified. Altogether, you will provide a recommendation for the venture to continue forward.

 

Can you use Artificial Intelligence (AI) for this assignment?

You do not have to but certainly can use AI to support you completing this assessment task as long as you adhere to the following rules:

  1. You are responsible for everything you publish. Keep in mind that AI often makes information and references up and that it also often omits critical information. So, don't trust AI and only use it to support you in writing about real-world examples that you either know by heart or where you can verify the information.
  2. You must clearly reference any use of AI each time you use it. Please include an additional paragraph at the end of your assessment outlining what you used AI for and describing the prompts you used. Failure to reference AI use is in violation of academic honesty policies and may constitute student misconduct under the Student Code of Conduct. 

Criteria & Marking:

UQ Students: Please access the profile from Learn.UQ or mySI-net to access marking criteria held in this profile.


Submission:

Reports must be uploaded via Turnitin in the relevant link in the Assessment section of Blackboard.

Hurdle requirements

A report's proposal is required (10%) due on October 8th at 10:00 PM

Submission guidelines

Reports must be uploaded via Turnitin in the relevant link in the Assessment section of Blackboard.

Deferral or extension

You may be able to apply for an extension.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Team Photo Presentation

  • Team or group-based
Mode
Oral, Product/ Artefact/ Multimedia
Category
Presentation, Poster, Product/ Design
Weight
20% Group
Due date

26/08/2024 - 26/08/2024

After submission, you may be asked to share parts of the presentation or your insights with the class.

Other conditions
Peer assessed.

See the conditions definitions

Learning outcomes
L03, L04, L05, L06, L07

Task description

Team Photo Presentation


Responsible Innovation

The task for this assignment is to create a presentation describing a technological innovation and challenges associated with managing its development, including ethical and sustainability considerations. It should mostly consist of self-generated images (i.e.: photos, diagrams) and one-page description. Students may be asked to share their presentations with the class on the due date.

The photo essay should be structured as follows:

Part 1: Find an image of an innovation that a random person on the street would not be aware of (e.g. don't tell us about your iPhone!). In the presentation, briefly describe the innovation, what is innovative about it, and its importance. Use 2-3 images to illustrate enabling technologies that had to be in place in order for this innovation to create value.

Part 2: Use 2-3 images to show winners and losers from this innovation.

Part 3: Use 2-4 images of the challenges associated with managing this innovation’s development and/or deployment, including ethical and sustainability considerations. 

You will be asked to complete a peer assessment for this activity. You will have to upload your presentation to Blackboard before commencement of class on August 26th (8:00am) in a PDF format including the one-page description.

Can you use Artificial Intelligence (AI) for this assignment?

 You do not have to but certainly can use AI to support you completing this assessment task as long as you adhere to the following rules:

  1. You are responsible for everything you publish. Keep in mind that AI often makes information and references up and that it also often omits critical information. So, don't trust AI and only use it to support you in writing about real-world examples that you either know by heart or where you can verify the information.
  2. You must clearly reference any use of AI each time you use it. Please include an additional paragraph at the end of your assessment outlining what you used AI for and describing the prompts you used. Failure to reference AI use is in violation of academic honesty policies and may constitute student misconduct under the Student Code of Conduct. 

Criteria & Marking:

UQ Students: Please access the profile from Learn.UQ or mySI-net to access marking criteria held in this profile.

Please Note: The presentation will be recorded for marking purposes.

Submission guidelines

You will have to upload your presentation to Blackboard before the commencement of class on August 26th (8:00 am) in a PDF format including the one-page description.

Deferral or extension

You may be able to apply for an extension.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Course grading

Full criteria for each grade is available in the Assessment Procedure.

Grade Cut off Percent Description
1 (Low Fail) 0 - 29

Absence of evidence of achievement of course learning outcomes.
2 (Fail) 30 - 46

Minimal evidence of achievement of course learning outcomes.
3 (Marginal Fail) 47 - 49

Demonstrated evidence of developing achievement of course learning outcomes
4 (Pass) 50 - 64

Demonstrated evidence of functional achievement of course learning outcomes.
5 (Credit) 65 - 74

Demonstrated evidence of proficient achievement of course learning outcomes.
6 (Distinction) 75 - 84

Demonstrated evidence of advanced achievement of course learning outcomes.
7 (High Distinction) 85 - 100

Demonstrated evidence of exceptional achievement of course learning outcomes.

Additional course grading information

Grades will be allocated according to University-wide standards of criterion-based assessment.

Supplementary assessment

Supplementary assessment is available for this course.

Aims and outcomes
Learning resources

Learning resources

You'll need the following resources to successfully complete the course. We've indicated below if you need a personal copy of the reading materials or your own item.

Library resources

Find the required and recommended resources for this course on the UQ Library website.

Additional learning resources information

Learn (Blackboard)
All courses are supported by the UQ Learning Management System, Blackboard Learn, which provides an interactive environment for the students and teachers. This is accessible via PC or Mac or Mobile (Apps) environment.
To log on to Blackboard, go to https://learn.uq.edu.au.

Assessment
Learning activities

Learning activities

The learning activities for this course are outlined below. Learn more about the learning outcomes that apply to this course.

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Learning period Activity type Topic
Week 1
Seminar

What is innovation and why does it matter?

Learning outcomes: L01, L04, L06
Week 2
Seminar

Sources of innovation

Learning outcomes: L01, L04, L05
Week 3
Seminar

Types and patterns of innovation

Learning outcomes: L04, L05
Week 4
Seminar

The diffusion of innovation

Public Holiday - Pre-Recorded Seminar

Learning outcomes: L02, L03, L05, L06
Week 5
Seminar

Competitive advantage and innovation

Here we'll look at how innovation timing (e.g. first-mover advantage)and mechanisms for isolating innovation from imitation.

Learning outcomes: L02, L03, L06
Week 6
Seminar

Innovation through collaboration

This week we'll be learning about the role of collaboration in innovation.

Learning outcomes: L01, L03, L04, L05, L07
Week 7
Seminar

The origins of innovation strategy

Here we'll explore the role of theory building and serendipity in the generation of an innovation strategy.

Learning outcomes: L03, L04, L05, L06
Week 8
Seminar

Mobilising resources for innovation

Here we'll cover strategies and practices innovators use to fund innovation. This will range from fundings sources through to how to successfully pitch an innovation idea for outside funding or senior executive buy-in.

Learning outcomes: L03, L04, L05, L06
Week 9
Seminar

Profiting from innovation

Here we'll look at how an organisation's complementary assets, knowledge-base, and deployment of isolating mechanisms influences its ability to profit from innovation.

Learning outcomes: L02, L03, L05
Mid Sem break
No student involvement (Breaks, information)

In-semester break
Week 10
Seminar

Organising for innovation

Here we'll look at the structures and routines organisations use to orchestrate their innovation process.

Learning outcomes: L04, L05, L06
Week 11
Seminar

Managing the innovation process

Here we'll look at how organisations can improve their ability to generate and select ideas for innovation.

King's Birthday Public Holiday - Monday 7 Oct 2024 - Check Blackboard for announcements about affected classes.

Learning outcomes: L01, L04, L07
Week 12
Seminar

Leading innovation teams

Here we'll look at common challenges encountered when leading innovation teams and how best to manage them.

Learning outcomes: L04, L05, L07
Week 13
Seminar

Operationalising your innovation strategy

Here we'll discuss the practical challenges associated with implementing an innovation strategy and common sources of failure.

Learning outcomes: L05, L06, L07
Learning resources
Policies and procedures

Policies and procedures

University policies and procedures apply to all aspects of student life. As a UQ student, you must comply with University-wide and program-specific requirements, including the:

Learn more about UQ policies on my.UQ and the Policy and Procedure Library.

Learning activities