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Unit of study_
DMBA6012: Commercialising Technology Advances: Capstone
unit information
This unit immerses students in the process of transforming technology-based inventions—originating from university research in field such as medicine, science, and engineering—into commercially viable ventures. The unit begins with understanding the invention's core value and gathering primary data to validate unmet needs and potential applications. Students then undertake market validation through direct engagement with potential users, stakeholders, and industry partners to test assumptions and refine use cases. Based on these insights, they develop and iterate prototypes, where feasible, and test them for functionality, desirability, and feasibility. The unit then guides students through the development of a robust business model, as well as a financial model to evaluate the venture’s viability. Finally, students formulate market entry strategies, considering regulatory pathways, IP protection, strategic partnerships, and investment readiness. Throughout, the unit integrates entrepreneurial thinking, customer discovery, and strategic decision-making to prepare students for innovation leadership and venture development.
Unit details and rules
Managing faculty or University school:
| Study level | Postgraduate |
|---|---|
| Academic unit | Strategy, Innovation and Entrepreneurship |
| Credit points | 6 |
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Prerequisites:
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None |
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Corequisites:
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None |
| Prohibitions:
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None |
| Assumed knowledge:
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None |
At the completion of this unit, you should be able to:
- LO1. Apply theoretical and practical knowledge of technology and innovation to identify opportunities for commercialising inventions.
- LO2. Critically analyse technological, ethical, and societal implications of transforming inventions into ventures, and develop research-based strategies to address these challenges.
- LO3. Effectively communicate the value proposition, technological potential, and societal impact of inventions to expert and non-specialist audiences.
- LO4. Interpret and evaluate customer, market, and stakeholder data to validate unmet needs and inform product development and strategic decisions.
- LO5. Conduct iterative prototyping and testing to assess the functionality, desirability, and feasibility of technology-based solutions.
- LO6. Develop and justify robust business models and financial strategies to support the commercial viability of technology-based ventures.
- LO7. Formulate market entry strategies that consider regulatory pathways, intellectual property protection, strategic partnerships, and investment readiness.
- LO8. Collaborate effectively in diverse, interdisciplinary teams to navigate ambiguity and complexity in venture development.
- LO9. Demonstrate entrepreneurial thinking and independent judgment in addressing controversial or uncertain aspects of innovation and commercialisation.
Unit availability
This section lists the session, attendance modes and locations the unit is available in. There is a unit outline for each of the unit availabilities, which gives you information about the unit including assessment details and a schedule of weekly activities.
The outline is published 2 weeks before the first day of teaching. You can look at previous outlines for a guide to the details of a unit.
There are no availabilities for this year.
| Session | MoA ? | Location | Outline ? |
|---|---|---|---|
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Semester 1 2027
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Online | Camperdown/Darlington, Sydney |
Outline unavailable
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Semester 2 2027
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Online | Camperdown/Darlington, Sydney |
Outline unavailable
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There are no availabilities for previous years.
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Modes of attendance (MoA)
This refers to the Mode of attendance (MoA) for the unit as it appears when you’re selecting your units in Sydney Student. Find more information about modes of attendance on our website.
Disclaimer
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