Managing Innovation and New Technologies in the Extractive Industries
Length Length

7 modules, accessible at any time

Effort Effort

2-4 hours a week

Price Price

FREE

Languages Languages

English

Video Transcripts Video Transcripts

English

Prerequisites Prerequisites

None

Requirements Requirements

An internet connection to access course materials

LEARN
different types of innovation and

INDUSTRY CHALLENGES

LEARN
ARTICULATE
and calculate the potential value of

ENERGY AND RESOURCE TECHNOLOGIES

ARTICULATE
CONNECT
technology strategies to

ORGANIZATIONAL GOALS

CONNECT
APPLY
tools and approaches to

MANAGE INNOVATION

APPLY

Overview

This course is self-paced – you can enroll and complete the course materials at any time.

Extractive industries like mining and oil & gas have become increasingly technology-driven, but managing this rapid technological change remains a challenge for companies, governments, and stakeholders. This MOOC equips participants with tools and ideas to enhance innovation and R&D, with the ability to contribute significantly to SDGs 7 (Affordable and Clean Energy), 9 (Industry, Innovation and Infrastructure), and 13 (Climate Action).

structure

  • Pre-recorded lectures
  • Readings
  • Activities
  • Quizzes 

This course is for

Extractive industries—including the mining and oil & gas energy sectors—have become more technology-intensive over the years, and the pace of their technological change is only accelerating as the years role on. Despite this increasing importance on technology, however, the companies, government agencies, and stakeholders connected to these industries frequently struggle with how to manage these kinds of change.

This MOOC will give participants an awareness of how innovation and R&D happen within these sectors and, by teaching them how to apply a broad range of tools and fresh ideas from other industries that have historically been more comfortable with technology, shows them how they can get better results from innovation-related activities.

In so doing, participants from these industries will become more adept at inventing and deploying innovations, thereby enabling them to make significant progress towards SDGs 7 (Affordable and Clean Energy), 9 (Industry, Innovation and Infrastructure) and 13 (Climate Action).

professor

Robert Perrons, Professor, Queensland University of Technology

Questions?

Course logistics and requirements

This course is self-paced – you can enroll immediately and complete the course materials at any time. We encourage students to engage with one another via the discussion forum. Any specific questions can be sent to the SDG Academy team at courses@sdgacademy.org.

Certificates

Learners have the option to upgrade, for a fee, to receive an edX Verified Certificate. Upon completing the final exam with a passing grade, the certificate will be made available on the edX platform.

syllabus

Introduction

1

Innovation and New Technologies within the Extractive Industries : The Big Picture

1

Background

2

Sources and Type of Innovation

3

Where Do Ideas for New Technologies Come From?

4

Try, Try Again!

2

Technology Standards and Design Dominance

1

How Dominant Designs Get Selected

2

Examples of Dominant Designs Emerging in the Extractive Industries

3

When Dominant Designs Can Be Unhelpful

4

How Dominant Designs Could Help the Extractive Industries

5

Does a Dominant Design Always Emerge?

3

Timing of Entry

1

Is It Better to Be a First Mover or a Fast Follower?

2

Why are the Extractive Industries So Slow to Adopt New Technologies?

3

Factors Influencing Optimal Timing of Entry

4

Innovation Strategy

1

The Relationship Between an Organization's Overarching Strategy and Its Innovation Strategy

5

Technology Readiness Levels (TRLs) and Other Tools for Tracking Progress

1

A Typical Dashboard of a R&D Organization

2

Technology Readiness Levels (TRLs)

6

Technology Valuation

1

Calculating the Value of Innovations: Motivations and Basic Approaches

2

A Five-Point Framework for Calculating an Innovation’s Value in the Extractive Industries

3

Interview with Paul Rudenko, Shell’s Lead Technology Economist

4

Articulating Qualitative Value

7

The Future

1

How Are Digital Technologies Changing How Innovation Happens?