GCH5020 · Business model design for innovative and sustainable technologies

Overview

This unit will provide you with the knowledge, tools and skills to understand how Green Chemistry and sustainable technologies can transform the chemical industry. At the interface between technology and business models, you can explore the basis for innovation and growth in the sector. Topics covered include business model design, operations management, circular economy principles, the regulatory environment, intellectual property, ethics, social factors, innovation in industry and a brief introduction to Life Cycle Analysis. During the unit you will apply your learning to a series of experiential activities that address and provide solutions to emerging difficulties in industry. The activities include analysis and discussion of case studies and scenarios that illustrate how green chemistry principles and sustainable technologies can transform the industry. Assessment includes group project/scenario analysis submissions, oral presentations and individual assessment tasks

Offerings

Assessment

The Handbook does not list a final examination among the assessment items. That is not a guarantee there is none.

Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.

Requisites

The Handbook lists no prerequisite, corequisite or prohibition for this unit.

Learning outcomes

1. Identify and articulate the sources of innovation in the chemical sector in terms of value creation and capture through applying green/sustainable chemistry principles;
2. Describe and explain the components of a business and show understanding of the economic drivers (including regulatory) for the industry;
3. Characterise and interpret the financial considerations that determine the ‘rules of the game’ for the industry;
4. Identify bottlenecks and other factors that set operational constraints and apply strategies that offer solutions to optimise the production system;
5. Apply green/sustainable chemistry principles to circular economy initiatives life cycle analysis, and propose realistic solutions that can be adopted by industry;
6. Engage, with a progressive voice, in regulatory discussions that will facilitate government and industry cooperation.

Workload

The minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester.

Student experience, not official rules. Nothing here changes what the Handbook says.