COURSE DESCRIPTION:
This course aims to provide users the opportunity to develop and enhance their skills and knowledge in the field of entrepreneurship and innovation. Topics covered in this module includes: Defining Types of Innovations; Innovation Theories; Paradigm Shifts; Organisations Approach to Innovation; Driving & Implementing Innovation; Exploring Think Tanks; How to Manage Creative Teams; and IT Systems for Innovation.


BACKGROUND:
Entrepreneurship and innovation are increasingly important in all areas of business and government. Established organisations innovate to respond to their competition or to have a competitive advantage. In the public-sector innovation is needed to develop effective policies to deal with the new economic, technological or social challenges. Innovation and entrepreneurship are recognised as key building blocks of competitive and dynamic economies. There are many different definitions of what innovation is, for example Rogers defines innovation as an idea, practice, or object that is perceived as new by an individual or other unit of adoption, while Kline and Rosenberg defines innovation as an exercise in the management and reduction of uncertainty. The latter definition includes uncertainty as a key concept: in fact, innovation is defined as an “exercise in the management and reduction of uncertainty”. Uncertainty relates to two aspects: the technical performance of the innovation and the market response to its introduction. However, one can also define the process leading to the “discovery” of the invention as generating uncertainty, which decreases along the development, production and distribution phases.


LEARNING OUTCOMES:
Upon the completion of this module, users will be able to:
• Understand the theoretical and practical knowledge in entrepreneurship and innovation, including recent developments in the discipline.
• Apply critical thinking to relevant research articles of contemporary relevance in entrepreneurship and innovation.
• Critically analyse information from a wide range of sources to create solutions innovatively to improve current practices.


TIME: Up to 2 Hours


OTHER INFORMATION:
• No prerequisites.
• No materials distributed.
• No formal assessments required.