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Unit of study_

SIEN6004: Innovation Ecosystems

Semester 2, 2021 [Normal day] - Remote

This unit provides essential knowledge of the current trends in Innovation Management research and practice. It combines the leading-edge theories and innovation assessment methods with the strong practical component. Students are offered an opportunity to experience the innovation process by participating in commercialisation of research/invention originated from the University of Sydney. Innovation projects are sourced from the Sydney Nano Institute, enabling exceptional inter-disciplinary experience for the participating students.

Unit details and rules

Unit code SIEN6004
Academic unit Strategy, Innovation and Entrepreneurship
Credit points 6
Prohibitions
? 
None
Prerequisites
? 
None
Corequisites
? 
None
Assumed knowledge
? 

None

Available to study abroad and exchange students

Yes

Teaching staff

Coordinator Maria Rumyantseva, maria.rumyantseva@sydney.edu.au
Type Description Weight Due Length
Assignment Individual assignment
Compulsory assignment based on innovation project
40% Week 07
Due date: 24 Sep 2021 at 17:00

Closing date: 08 Oct 2021
3000 words approximately
Outcomes assessed: LO1 LO2 LO3 LO4 LO5 LO6
Assignment group assignment Group assignment
Compulsory assignment based on innovation project
20% Week 12
Due date: 05 Nov 2021 at 17:00

Closing date: 19 Nov 2021
6000 words approximately
Outcomes assessed: LO1 LO6 LO5 LO4 LO3 LO2
Presentation group assignment Group presentation
Compulsory assessment based on innovation project
10% Week 12
Due date: 02 Nov 2021 at 18:00

Closing date: 02 Nov 2021
10 minutes
Outcomes assessed: LO1 LO2 LO3 LO4 LO5 LO6
Small continuous assessment Weekly quizzes
Compulsory assessment testing understanding of theories
30% Weekly
Due date: 17 Aug 2021 at 12:00

Closing date: 17 Aug 2021
up to 300 words
Outcomes assessed: LO1 LO4 LO3 LO2
group assignment = group assignment ?

Assessment summary

Individual assignment: Written analysis of the company based on the Business Model Canvas framework with one/several in-depth component/s.

Group assignment: Combined analysis of the company based on the Business Model Canvas with recommendations for the company development. 

Group presentation: Presentation of the Group assignment to the company, including its summary and recommendations.

Weekly quizzes: Tests of the knowledge of theory.

Detailed information for each assessment can be found on Canvas.

Assessment criteria

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).

As a general guide, a high distinction indicates work of an exceptional standard, a distinction a very high standard, a credit a good standard, and a pass an acceptable standard.

Result name

Mark range

Description

High distinction

85 - 100

Awarded when you demonstrate the learning outcomes for the unit at an exceptional standard, as defined by grade descriptors or exemplars outlined by your faculty or school. 

Distinction

75 - 84

Awarded when you demonstrate the learning outcomes for the unit at a very high standard, as defined by grade descriptors or exemplars outlined by your faculty or school.

Credit

65 - 74

Awarded when you demonstrate the learning outcomes for the unit at a good standard, as defined by grade descriptors or exemplars outlined by your faculty or school.

Pass

50 - 64

Awarded when you demonstrate the learning outcomes for the unit at an acceptable standard, as defined by grade descriptors or exemplars outlined by your faculty or school. 

Fail

0 - 49

When you don’t meet the learning outcomes of the unit to a satisfactory standard.

For more information see sydney.edu.au/students/guide-to-grades.

For more information see guide to grades.

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

  • Deduction of 5% of the maximum mark for each calendar day after the due date.
  • After ten calendar days late, a mark of zero will be awarded.

Academic integrity

The Current Student website  provides information on academic integrity and the resources available to all students. The University expects students and staff to act ethically and honestly and will treat all allegations of academic integrity breaches seriously.  

We use similarity detection software to detect potential instances of plagiarism or other forms of academic integrity breach. If such matches indicate evidence of plagiarism or other forms of academic integrity breaches, your teacher is required to report your work for further investigation.

You may only use artificial intelligence and writing assistance tools in assessment tasks if you are permitted to by your unit coordinator, and if you do use them, you must also acknowledge this in your work, either in a footnote or an acknowledgement section.

Studiosity is permitted for postgraduate units unless otherwise indicated by the unit coordinator. The use of this service must be acknowledged in your submission.

Simple extensions

If you encounter a problem submitting your work on time, you may be able to apply for an extension of five calendar days through a simple extension.  The application process will be different depending on the type of assessment and extensions cannot be granted for some assessment types like exams.

Special consideration

If exceptional circumstances mean you can’t complete an assessment, you need consideration for a longer period of time, or if you have essential commitments which impact your performance in an assessment, you may be eligible for special consideration or special arrangements.

Special consideration applications will not be affected by a simple extension application.

Using AI responsibly

Co-created with students, AI in Education includes lots of helpful examples of how students use generative AI tools to support their learning. It explains how generative AI works, the different tools available and how to use them responsibly and productively.

WK Topic Learning activity Learning outcomes
Week 01 Introduction Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4 LO5 LO6
Week 02 Innovation process: essential definitions Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4 LO5 LO6
Week 03 Innovation process: diffusion of innovation Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4 LO5 LO6
Week 04 Innovation process: current trends in innovation management Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4 LO5 LO6
Week 05 Q&A with project sponsor Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4 LO5 LO6
Week 06 Business Model Canvas and other useful tools Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4 LO5 LO6
Week 07 Innovation ecosystems: fundamental research & industry interface Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4 LO5 LO6
Week 08 Innovation ecosystems: entrepreneurial ecosystems Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4 LO5 LO6
Week 09 Innovation ecosystems: innovation ecosystems and non-linear development Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4 LO5 LO6
Week 10 Innovation assessments & impact: role of failure Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4 LO5 LO6
Week 11 Innovation assessments & impact: ways to improve innovation results Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4 LO5 LO6
Week 12 Student project presentations Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4 LO5 LO6
Week 13 Recap Lecture and tutorial (3 hr) LO1 LO2 LO3 LO4 LO5 LO6

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Required readings

The Oxford Handbook of Innovation Management

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University's graduate qualities and are assessed as part of the curriculum.

At the completion of this unit, you should be able to:

  • LO1. Apply theoretical concepts and practical knowledge acquired through the real-life innovation project to the context of your career
  • LO2. Identify and critically evaluate commercialisation opportunities using concepts, frameworks and relevant experience gained in this unit
  • LO3. Generate solutions to business challenges applying both theoretical concepts and first-hand practical knowledge acquired through the innovation project
  • LO4. Practice communication skills, including clear and concise delivery of complex concepts, through on-going interactions in the groups and in class as well as with project partners
  • LO5. Practice organisational and time management skills while collaborating in the group and interacting with project partners
  • LO6. Co-create ethical and socially responsible practices and behaviours in the innovation project and formulate its potential social contribution

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1 Depth of disciplinary expertise

Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.

GQ2 Critical thinking and problem solving

Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.

GQ3 Oral and written communication

Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.

GQ4 Information and digital literacy

Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.

GQ5 Inventiveness

Generating novel ideas and solutions.

GQ6 Cultural competence

Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.

GQ7 Interdisciplinary effectiveness

Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.

GQ8 Integrated professional, ethical, and personal identity

An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.

GQ9 Influence

Engaging others in a process, idea or vision.

Outcome map

Learning outcomes Graduate qualities
GQ1 GQ2 GQ3 GQ4 GQ5 GQ6 GQ7 GQ8 GQ9

This section outlines changes made to this unit following staff and student reviews.

This is the first time this unit has been offered

Disclaimer

The University reserves the right to amend units of study or no longer offer certain units, including where there are low enrolment numbers.

To help you understand common terms that we use at the University, we offer an online glossary.