School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    New Product Development
  • Unit Code

    MKT6304
  • Year

    2018
  • Enrolment Period

    1
  • Version

    3
  • Credit Points

    20
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Dr Mehran NEJATI AJIBISHEH

Description

This unit focuses on the role of new products within the organisation and society. It explores each step in the new product development process, including the strategy, opportunity identification, design, testing, product launch and promotion. Models of New Product Development (NPD) are studied, with practical application of these concepts by students within their new product project. This postgraduate marketing unit provides a managerial approach to new product development and implementation. It assumes an understanding of the fundamental principles of marketing and management. Familiarity with marketing research is also strongly encouraged as students will be creating and justifying a development proposal for their new product.

Learning Outcomes

On completion of this unit students should be able to:

  1. Acquire knowledge of the role of new product development in organisations and society.
  2. Apply written communication skills and the ability to think critically in developing a new product proposal.
  3. Apply practical concepts and techniques involved in the new product development process.
  4. Demonstrate the systematic analysis and business process involved in NPD.
  5. Design a marketing plan applying and justifying stages of the NPD process.
  6. Synthesize concepts of product innovation management into a marketing plan.

Unit Content

  1. Innovation management.
  2. Market adoption and technology infusion.
  3. Product development.
  4. Business analysis.
  5. Concept testing.
  6. Screening.
  7. Idea generation.
  8. Corporate strategy and NPD implementation.
  9. The importance of the NPD process.

Learning Experience

Students will attend on campus classes as well as engage in learning activities through ECU Blackboard.

JoondalupMount LawleySouth West (Bunbury)
Semester 1Not Offered13 x 3 hour seminarNot Offered

For more information see the Semester Timetable

Additional Learning Experience Information

On-Campus students will attend a weekly seminar that utilises a selection of lectures, case studies, class activities, workshops and general class discussion on specific concepts and examples. Students are encouraged to come to class prepared by completing reading and weekly activities so as to contribute to class interaction. Resources for this unit will be available via Blackboard. Off-Campus students will access resources for this unit via Blackboard. Regular online access is required.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant Board of Examiners.

ON CAMPUS
TypeDescriptionValue
Case StudyCase Studies (individual)40%
PresentationIn-Class Presentations20%
ProjectProduct Development Project (individual)40%
ONLINE
TypeDescriptionValue
Case StudyCase Studies (individual)40%
PresentationOnline Presentations20%
ProjectProduct Development Project (individual)40%

Core Reading(s)

  • Trott, P. (2017). Innovation management and new product development (Sixth edition.). Harlow, England: Pearson.
  • n.d. (2016). Management of innovation and product development : integrating business and technological perspectives. London: Springer.

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Academic Misconduct

Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students' work;

Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.

The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.

MKT6304|3|1

School: Business and Law

This unit information may be updated and amended immediately prior to semester. To ensure you have the correct outline, please check it again at the beginning of semester.

  • Unit Title

    New Product Development
  • Unit Code

    MKT6304
  • Year

    2018
  • Enrolment Period

    2
  • Version

    4
  • Credit Points

    20
  • Full Year Unit

    N
  • Mode of Delivery

    On Campus
    Online
  • Unit Coordinator

    Dr Mehran NEJATI AJIBISHEH

Description

This unit focuses on the role of new products within the organisation and society. It explores each step in the new product development process, including the strategy, opportunity identification, design, testing, product launch and promotion. Models of New Product Development (NPD) are studied, with practical application of these concepts by students within their new product project. This postgraduate marketing unit provides a managerial approach to new product development and implementation. It assumes an understanding of the fundamental principles of marketing and management. Familiarity with marketing research is also strongly encouraged as students will be creating and justifying a development proposal for their new product.

Learning Outcomes

On completion of this unit students should be able to:

  1. Critically evaluate a new product business case by applying contemporary knowledge of product development theory and practice.
  2. Design a new product development proposal by synthesising concepts, processes and techniques of product innovation management.
  3. Apply written and verbal communication skills in the context of new product development.

Unit Content

  1. Innovation management.
  2. Market adoption and technology infusion.
  3. Product development.
  4. Business analysis.
  5. Concept testing.
  6. Screening.
  7. Idea generation.
  8. Corporate strategy and NPD implementation.
  9. The importance of the NPD process.

Additional Learning Experience Information

On-Campus students will attend a weekly seminar that utilises a selection of lectures, case studies, class activities, workshops and general class discussion on specific concepts and examples. Students are encouraged to come to class prepared by completing reading and weekly activities so as to contribute to class interaction. Resources for this unit will be available via Blackboard. Off-Campus students will access resources for this unit via Blackboard. Regular online access is required.

Assessment

GS1 GRADING SCHEMA 1 Used for standard coursework units

Students please note: The marks and grades received by students on assessments may be subject to further moderation. All marks and grades are to be considered provisional until endorsed by the relevant Board of Examiners.

ON CAMPUS
TypeDescriptionValue
Case StudyCase Studies (individual)40%
PresentationIn-Class Presentations20%
ProjectProduct Development Project (individual)40%
ONLINE
TypeDescriptionValue
Case StudyCase Studies (individual)40%
PresentationOnline Presentations20%
ProjectProduct Development Project (individual)40%

Core Reading(s)

  • Trott, P. (2017). Innovation management and new product development (Sixth edition.). Harlow, England: Pearson.
  • n.d. (2016). Management of innovation and product development : integrating business and technological perspectives. London: Springer.

Disability Standards for Education (Commonwealth 2005)

For the purposes of considering a request for Reasonable Adjustments under the Disability Standards for Education (Commonwealth 2005), inherent requirements for this subject are articulated in the Unit Description, Learning Outcomes and Assessment Requirements of this entry. The University is dedicated to provide support to those with special requirements. Further details on the support for students with disabilities or medical conditions can be found at the Access and Inclusion website.

Academic Misconduct

Edith Cowan University has firm rules governing academic misconduct and there are substantial penalties that can be applied to students who are found in breach of these rules. Academic misconduct includes, but is not limited to:

  • plagiarism;
  • unauthorised collaboration;
  • cheating in examinations;
  • theft of other students' work;

Additionally, any material submitted for assessment purposes must be work that has not been submitted previously, by any person, for any other unit at ECU or elsewhere.

The ECU rules and policies governing all academic activities, including misconduct, can be accessed through the ECU website.

MKT6304|4|2