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Module Specifications

Archived Version 2022 - 2023

Module Title
Module Code
School

Online Module Resources

NFQ level 9 Credit Rating 5
Pre-requisite None
Co-requisite None
Compatibles None
Incompatibles None
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 organizations. 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 and client organisations on a real world innovation challenge..

Learning Outcomes

1. Explain and critically evaluate the key frameworks in design thinking and innovation literatures, in the context of entrepreneurship
2. Identify and validate an innovative solution for a client corporation, government organization or social enterprise.
3. Present, explain and make recommendations on an innovative solution to the client organization.
4. Identify and explain the key sources, enablers, and barriers to innovation in different contexts.
5. Build and maintain an effective entrepreneurial team and networks based on the needs of the client project.



Workload Full-time hours per semester
Type Hours Description
Lecture24No Description
Group work40No Description
Class Presentation6No Description
Independent Study25No Description
Assignment Completion30No Description
Total Workload: 125

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

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.

Assessment Breakdown
Continuous Assessment% Examination Weight%
Course Work Breakdown
TypeDescription% of totalAssessment Date
Reassessment Requirement
Resit arrangements are explained by the following categories;
1 = A resit is available for all components of the module
2 = No resit is available for 100% continuous assessment module
3 = No resit is available for the continuous assessment component
Unavailable
Indicative Reading List

  • Jeanne Liedtka and Tim Ogilvie: 2015, Designing For Growth, 3rd, Columbia Business School Publishing, New York,
  • Maurya, A: 2012, Running Lean: Iterate from Plan A to a Plan That Works, O'Reilly Media, USA,
Other Resources

None
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