Contemporary Challenges in Entrepreneurship and Innovation (Capstone)
Duration
- One teaching period
Contact hours
- 36 hours
On-campus unit delivery combines face-to-face and digital learning.
Prerequisites
50 credit points (including all stage 1 core units)
Aims and objectives
This unit acts as a Capstone within the Master of Entrepreneurship and Innovation Program, integrating learning in the previous two stages to concentrate on contemporary theoretical and practice based challenges in entrepreneurship and innovation. The unit addresses the challenges facing the entrepreneurial process of new venture start-up, managing the growing business, and venture harvest. The latest contemporary issues in innovation are approached from an innovation management perspective. Entrepreneurship and innovation are integrated as components of firm survival and competitive advantage.
Students are required individually to select research and report on a contemporary challenge facing entrepreneurs and innovators and, within groups, to develop recommendations on strategic responses to a selected challenge.
Students are required individually to select research and report on a contemporary challenge facing entrepreneurs and innovators and, within groups, to develop recommendations on strategic responses to a selected challenge.
After successfully completing this unit, you will be able to:
1. Apply coherent, advanced and integrated knowledge of theoretical and practice based approaches to contemporary challenges in entrepreneurship and innovation
2. Critically analyse models and frameworks of entrepreneurial growth venture evaluation.
3. Critically evaluate innovative new venture funding options
4. Critically analyse exit and harvest strategies appropriate to contextual situations
5. Apply coherent, advanced and integrated knowledge of entrepreneurship skills, techniques and processes applicable to the latest theoretical and practice based underpinnings of entrepreneurship and innovation
2. Critically analyse models and frameworks of entrepreneurial growth venture evaluation.
3. Critically evaluate innovative new venture funding options
4. Critically analyse exit and harvest strategies appropriate to contextual situations
5. Apply coherent, advanced and integrated knowledge of entrepreneurship skills, techniques and processes applicable to the latest theoretical and practice based underpinnings of entrepreneurship and innovation
Courses with unit
A core unit of study in the
This unit is no longer offered
Unit information in detail
- Teaching methods, assessment, general skills outcomes and content.
Teaching methods
Class (3 hours)
Assessment
1. Assignments (Individual) 40-60%
2. Reports (Group) 15-25%
3. Presentations (Group) 15-25%
4. Presentations (Individual) 10-20%
2. Reports (Group) 15-25%
3. Presentations (Group) 15-25%
4. Presentations (Individual) 10-20%
General skills outcomes
During this unit students will receive feedback on the following key generic skills:
- Problem solving skills
- Analysis skills
- Communication skills
- Ability to tackle unfamiliar problems, and
- Ability to work independently
Content
- Delineating entrepreneurship and innovation
- Contemporary entrepreneurship challenges
- Contemporary innovation challenges
- Growth venture evaluation
- Raising finance and crowd-funding
- Exit strategies
- Special topics in entrepreneurship and innovation
Study resources
- Reading materials.
Reading materials
Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading