Master Of Engineering Management
ENG4012.10 Entrepreneurship and Innovation
This subject provides students with an understanding of the key concepts and frameworks relevant to entrepreneurship and innovation. Students gain an understanding of what innovation and entrepreneurship are and their relevance to economic growth and opportunities, creativity, and new venture start-ups. These topics are introduced from a theoretical and knowledge perspective and further applied to engineering examples and situations to provide students with a contextualised and focused understanding of the value and impact of entrepreneurship and innovation on engineering and engineering management. Students learn about developing, sustaining, and leading innovative and entrepreneurial organisations, knowledge management, intellectual property, innovation strategy and product life cycle. Students engage in class discussions and apply their knowledge to case studies and worked examples. Industry 4.0 creates a foundation for such discussions. Assessment tasks also provide students with the opportunity to gain contextualised knowledge relevant to developing a business proposal through the application of weekly learning. Individual students assess their own competence using their Portfolio and by setting personal learning goals. Individual students set up a program-based professional portfolio, which is to track and facilitate professional learning and development across all subjects of the MEM program. This is done by self-assessing their competencies at the start of each subject/semester and setting personal learning goals to work on the development of their skills and competencies, and to be prepared for the real world of work after graduation.
