INOV201-24S2 (C) Semester Two 2024

Will it Fly?: Feasibility Assessment of New Innovation

15 points

Details:
Start Date: Monday, 15 July 2024
End Date: Sunday, 10 November 2024
Withdrawal Dates
Last Day to withdraw from this course:
  • Without financial penalty (full fee refund): Sunday, 28 July 2024
  • Without academic penalty (including no fee refund): Sunday, 29 September 2024

Description

This course examines the significant differences between novelty and innovativeness. Students are expected to demonstrate a fluency with multiple types of analyses in order to ultimately provide a compelling answer to the important question of whether a creative idea is feasible (based on an assessment of physical, financial, market, regulatory, cultural, and other conditions).

Assessing feasibility of new ideas is an essential step in the innovation process. This course develops students’ ability to undertake multi-faceted feasibility analyses. Students enhance their critical thinking skills by using rigorous analysis techniques to assess potential innovations of varying complexity. Moving beyond an initial question of novelty, this course emphasise practicality and usefulness as essential components of successful innovation.

Workload
The estimated workload breakdown for INOV201 is:
Lectures 22 hours
Individual Assignment 50 hours
Group Assignment 34 hours
Lecture Preparation 44 hours
Total 150 hours

Learning Outcomes

The objectives of the course are:
1. Recognizing the importance of entrepreneurial mindset and innovative skills in new venture development.
2. Understanding key components of business models.
3. Interpreting the entrepreneurial opportunity landscape.
4. Explaining how strategic thinking applies in new venture development.
5. Implementing entrepreneurial skills through project-based learning.
6. Analyzing the factors leading to new venture growth and failure.
7. Evaluating the performance of new ventures from different aspects.

Prerequisites

Any 60 points. RP: INOV200

Recommended Preparation

Timetable 2024

Students must attend one activity from each section.

Lecture A
Activity Day Time Location Weeks
01 Monday 12:00 - 13:00 Ernest Rutherford 460
15 Jul - 25 Aug
9 Sep - 20 Oct
Tutorial A
Activity Day Time Location Weeks
01 Monday 13:00 - 14:00 Ernest Rutherford 260
15 Jul - 25 Aug
9 Sep - 20 Oct

Timetable Note

Lectures for this course are recorded using the ECHO360 lecture recording system.

Course Coordinator / Lecturer

Claire Bi

Assessment

Assessment Due Date Percentage  Description
Innovation Idea Pitch 15% Week 4
Group Proposal 20% Week 6
Individual Reflections 30% Week 8 & 10
Project Presentation 10% Week 12
Project Report 25% Week 12


Assessment in Te Reo Māori
In recognising that Te Reo Māori is an official language of New Zealand, the University provides for students who may wish to use Te Reo Māori in their assessment. If you intend to submit your work in Te Reo Māori you are required to do the following:

Read the Assessment in Te Reo Māori Policy and ensure that you meet the conditions set out in the policy. This includes, but is not limited to, informing the Course Coordinator 1) no later than 10 working days after the commencement of the course that you wish to use Te Reo Māori and 2) at least 15 working days before each assessment due date that you wish to use Te Reo Māori.

Textbooks / Resources

The course does not draw from a single textbook and will use contemporary material from multiple sources. Please read the assigned articles, available on LEARN, under each topic.

Course links

LEARN

Indicative Fees

Domestic fee $893.00

International fee $4,200.00

* All fees are inclusive of NZ GST or any equivalent overseas tax, and do not include any programme level discount or additional course-related expenses.

For further information see Management, Marketing and Tourism .

All INOV201 Occurrences

  • INOV201-24S2 (C) Semester Two 2024
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