Idea Development: Create and Implement Innovative Ideas
About this Course
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.Created by: The University of Queensland
Level: Intermediate

Related Online Courses
Please note: the UMD Power Lab is an optional lab, highly recommended, and costs an additional fee. Please read the important statement at the bottom of the description Great leaders are just... more
Sustainability is one of the key issuesfacing today’s society. This is underlined by the increasing attention on sustainability issues by governments, media, academics and industry. In the c... more
Artificial Intelligence (AI) is often touted as a key technology spurring the Fourth Industrial Revolution in which the physical, digital and biological worlds are being fused together in a way... more
Learn management skills to support workplace diversity and inclusion in a public library setting. You will learn about theories and frameworks that explain the underlying mechanisms of the impacts... more
Offered by the Ross School of Business at the University of Michigan in collaboration with National Arts Strategies , this course focuses on equipping leaders in the cultural sector with the... more