| Australian Federal and State governments have implemented schemes aimed at developing Australia’s economy through enhancing business innovation, building from a strong foundation of research and development in science and technology. To achieve this highly desirable outcome will require science graduates that are able to bridge the gap between science and business, and whose minds are alert to the business opportunities that can be gleaned from scientific discovery.
The Diploma in Innovation Management is primarily directed at empowering
Australia's future R&D scientists with the entrepreneurship
skills and education required to recognise, evaluate, develop, finance
and exploit commercial opportunities arising from their research
discoveries. Graduates with the combined qualification will be more
competitive for all employment opportunities whether they be in
academia, research, administration or management.
Combinations of business and technical skills are also required
in careers that involve; intellectual property management, high
technology finance (venture capital) and investment (business analysis),
R&D management, government and industry regulation and administration,
technology sales and marketing. The worldwide trend is for scientists
to become business literate rather than for business graduates to
become science literate. Graduates can also expect to fast
track their careers, as they will be better prepared for more senior
positions right from the outset.
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