Business & Management Basics
Fundamental principles and concepts
UQx: Idea Development: Create and Implement Innovative Ideas
Learn the strategies entrepreneurs and organizations use to create and bring to market innovative ideas.
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Course Insight
Suitable for intermediate learners. Works well as a continuation after mastering Business & Management fundamentals. It bridges the gap toward advanced, production-level engineering.
Intermediate FriendlyCertification IncludedSelf-Paced Learning
SKILLS TO
MASTER
Practical ApplicationTrending
Real-world project implementationBest Practices
Industry standard workflows and guidelinesCareers:Relevant for professionals pursuing roles within Business & Management.
Quick Facts
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What You’ll Learn
To create and bring to market innovative ideas, entrepreneurs invest substantial resources in their creation without being certain their idea will be successful. How do entrepreneurs manage this process? What strategies do they use? What role does the innovativeness of their ideas play in the strategies they adopt? How do they maintain motivation when faced with setbacks?
In this course, we tackle these questions by focusing on:
Types of innovations and their market impact;
The importance of taking action, knowledge, learning and resources in the creation of innovative ideas;
How entrepreneurs make strategic decisions under uncertainty;
The Management of intellectual property; and
Maintaining motivation in the face of setbacks
By drawing on the case of Google Glass, their own experiences and ideas, students are encouraged to synthesize knowledge from each Module to gain an in-depth understanding of the complexity of innovation process.
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Outcomes
- How to come up with innovative ideas you are uniquely position to create and bring to market.
- Strategies for managing uncertainty in the creation and implementation of innovative ideas.
- How to learn from setbacks and maintain the motivation to persevere when experiencing them.
- How ideas and other forms of intellectual property can be protected..
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