To mirror the dynamic nature of teams working on innovative projects in business settings, students will be assessed via:
1. Group presentation- 30%
(assesses Learning Outcomes 1 & 2)
2. One individual assignment of 2000 words' 70%
(assesses Learning Outcomes 3 & 4)

The module will focus on the marketing management of innovative new products within the context of small entrepreneurial firms and large established global companies. The module will also explore the challenges faced by marketers, entrepreneurs and consultants in bringing an innovative product to the market. The module will also examine the drivers of market adoption and evaluate marketing strategies for successful launch of innovative new products. Indicative content includes:
1. Development of innovative new products and new service innovation
2. When and why do customers fail to adopt innovative new products' understanding the adoption and diffusion of innovations
3. Marketing research - role and use in the development and launch of innovative new products
4. Managing the innovative new product development process
5. New product development for growth and innovative new product strategy

1. DEMONSTRATE A SYSTEMATIC UNDERSTANDING AND AWARENESS OF NEW INSIGHTS OF CONTEMPORARY MARKETING MANAGEMENT ISSUES PERTAINING TO THE DEVELOPMENT AND LAUNCH OF INNOVATIVE NEW PRODUCTS
Knowledge & Understanding
Learning

2. DEMONSTRATE A COMPREHENSIVE UNDERSTANDING AND CRITICAL EVALUATION OF CUSTOMER PSYCHOLOGY AND ITS IMPACT ON THE ADOPTION AND DIFFUSION OF INNOVATION
Analysis
Application
Enquiry

3. DEMONSTRATE ORIGINALITY IN THE APPLICATION OF KNOWLEDGE, TOGETHER WITH CRITCAL EVALUATION OF CONTEMPORARY GLOBAL DEVELOPMENTS IN MARKETING INNOVATIVE NEW PRODUCTS AND THE APPLICATION OF SUSTAINABILITY, CORPORATE SOCIAL RESPONSIBILITY, ECOMMERCE AND ETHICAL ASPECTS OF MARKETING INNOVATIVE NEW PRODUCTS.
Analysis
Application
Problem Solving

4. DEVELOP MARKETING STRATEGIES TO INTRODUCE AND MANAGE INNOVATIVE NEW PRODUCT
Application
Communication

There will be a mixture of activities including lectures, case studies, videos, in-class group debates and presentations and discussions, student seminars, individual and/or group problem solving and self-directed learning and directed reading outside class.

VLE
Library
Academic Journals
Industry reports
Videos

FOR INTERNATIONAL COLLABORATIVE PARTNERS ONLY

Prandelli, E, Sawhney, M and Verona, G (2010), Collaboration with Customers to Innovate. Edward Elgar Publishing.
ISBN 9781849800587; e9781848442917

Tollin, K and Caru, A (2010), Strategic Market Creation: A new Perspective on Marketing and Innovation Management, John Wiley & Sons. ISBN: 0470694270

Trott, P (2012), Innovation Management and New Product Development, Financial Times Prentice Hall.
ISBN 9780273736561

A current list of additional core texts and journal articles may be provided in the Module Handbook