This unit of study is designed as a 'Master Class' for final year Engineering students to grapple with the challenges of engaging in, facilitating and managing innovation and technology commercialisation. Key learning outcomes are: developing an understanding of the processes of management, and in particular of innovation, dealing with uncertain and inadequate information, how to communicate effectively to and motivate a group of people to work out what to do, and how to do it. Content will include the challenges of modern management; understanding of the new rules of international competitiveness; effects of globalisation on Australia's economic performance; the competitiveness of Australian firms; the generation of employment and wealth; the changing requirements of the engineer; the engineer as manager and strategist; the role of innovation in business management; product innovation and commercialisation; IP recognition and management; starting a high-tech company.
Lectures, Project Work - in class, Project Work - own time
Refer to the assessment table in the unit outline.
Advanced competence in technical engineering and moderate competence in professional engineering and management