Latest Module Specifications
Current Academic Year 2025 - 2026
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Description Never before in history has innovation offered promise of so much to so many in so short a time. -Bill Gates This module introduces students to the latest thinking and practices on innovation and entrepreneurship in multiple contexts including, new venture creation, high-tech, corporate, and social organisations. Students will learn and apply a variety of strategic innovation frameworks including Design Thinking and Business Model Innovation. This is an experiential module and student teams will have the opportunity to work collaboratively with instructors on a real-world innovation challenge. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Learning Outcomes 1. 1E14BE67-EE16-0001-534E-1A9CABF01AB4 2. Explain and critically evaluate the key frameworks in design thinking and innovation literatures, in the context of entrepreneurship 4. 7,6,8,9,10 5. 1 6. 1E14BE67-F59D-0001-F496-2D3213F8EE00 7. Identify and validate an innovative strategy for an emergent corporate, government, or social product or service. 9. 7,6,8,9,10 10. 2 11. 1E14BE67-FF4E-0001-D8D2-1D8EC6EE4EA0 12. Present, explain, and make recommendations on an innovative solution. 14. 7,6,8,11,9,10 15. 3 16. 1E14BE68-07E4-0001-9351-12F01DA03530 17. Identify and explain the key sources, enablers, and barriers to innovation in different contexts. 19. 7,6,8,11,9,10 20. 4 21. 1E14BE68-12F9-0001-F45A-9650B4501E1B 22. Build and maintain an effective entrepreneurial team and networks based on the needs of the project. 24. 7,8,11 25. 5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml |
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Indicative Content and Learning Activities
Introduction: Entrepreneurship and Innovation in Business Understanding the importance of entrepreneurship and innovation for both corporate and economic growth. The relationship between R&D, innovation and entrepreneurship. The role of champions and intrapreneurs. Managing Innovation with Organizations Approaches to corporate entrepreneurship and innovation - how companies drive innovation. Open innovation and network theories of innovation. Barriers to entrepreneurship and innovation. Sources of Innovation Types of innovation – incremental and radical: technological; platform; business model; customer experience. Assessment of different toolkits and practices. Design Thinking and Innovation The origins and uses of design thinking; Attributes and tools of Design Thinking; The Growth versus Fixed Mindset - Carol Dwedk; Team goal orientation; Customer journey mapping; Customer closeness and insights; Creating personas; Designing the user experience with and for customers The Lean Start-up Ries and the Lean Start-up, Osterwalder and the Business Model Canvas, Value Proposition Canvas, Maurya and the Lean Canvas, Prototyping, The MVP, Prototype testing and validation. Understanding R&D and Intellectual property The role and impact of R&D in an organisation. The link between R&D and Innovation. The knowledge transfer, absorptive capacity and commercialisation process. The value of innovation and IP. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Indicative Reading List Books:
Articles:
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Other Resources None | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||