Technology Innovation and Entrepreneurship

The module covers a broad range of topics that critically affect the successful identification and commercialisation of technologies. It is designed to help students develop strong conceptual foundations for understanding and exploiting technological innovation and entrepreneurship. More specifically, it aims to equip students with an understanding of the technology innovation life cycle and the key issues involved in entrepreneurship and new venture creation. It introduces concepts and frameworks to create, commercialise and capture value from technology-based products and services. It will provide students with a comprehensive toolbox to enable them to identify opportunities, develop feasibility studies and business plans in order to develop and manage innovation throughout the product lifecycle and exploit a new technological venture.

Learning Outcomes
1.Understand the critical influencing factors for successful technology development and execution
2.Be capable of using appropriate methods and tools to develop and exploit a technology
3.Gain a solid grounding in transferable skills such as creative thinking, problem specification, team working, and the ability to synthesise and apply acquired knowledge to solve real world problems
4.Demonstrate effective oral and written skills
5.Assess the consequences of different courses of action
6.Take practical decisions and evaluate the results