ICT275 Innovation and Technology Management


B IT                             Core

Globalisation, radical technological innovation and an increasingly transient consumer base have increased the pressure for organisations to become innovative. This subject takes a view of information technology and impact of social, ethical and environmental implications of technological innovation that extends beyond the province of business applications built and used by a single organisation. You will see the importance of innovation, learn how organisations can commercialise their technological innovations and examine how the associated risks and benefits might be managed. Through the open innovation paradigm you will see how internal and external ideas can be brought together and how innovations can be transferred inward and outward through licensing, joint ventures and spin-offs.