Lecture, four hours; discussion, one hour; outside study, seven hours. Limited to juniors/seniors. Not open to students with credit for Management 163. Designed to deepen understanding of innovations and innovative processes related to creating new products. Inquiry into why, what, and how of making new products. New products are essential to any business (start-up or well-established) and thriving economies. Making successful new products requires various types of innovation. Availability of digital technologies and global outsources have accelerated pace of these innovations. Letter grading.