Entrepreneurial Mindset, New Ventures and Innovation
Duration
- One Semester or equivalent
Contact hours
- 36 hours face to face + blended
On-campus unit delivery combines face-to-face and digital learning.
2023 teaching periods
Hawthorn HB3 HE Block 3 |
Hawthorn HT3 Term 3 | |
---|---|---|
Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Dates: Results: Last self enrolment: Census: Last withdraw without fail: |
Aims and objectives
This unit introduces the principles associated with assessing possible venture opportunities, including innovation processes that lead to new ventures and/or corporate renewal and revitalisation. The unit covers the role of entrepreneurial behaviour (mindset), intention and intuition in identifying and developing new ventures. It examines areas including the role of innovation for growth and wealth creation, effective innovation processes and the associated management issues. Emphasis is placed on developing an organisational innovation culture committed to delivering customer recognised value in the market place. Students will apply several practical tools to facilitate the innovation process
Unit Learning Outcomes (ULO)
Students who successfully complete this unit will be able to:
1. Apply coherent and advanced knowledge of new venture creation and innovation and the corporate lifecycle
2. Critically evaluate how established corporations can renew and revitalise through innovation and corporate activities
3. Critically evaluate the role of creative individuals on the corporate environment
4. Communicate proficiently in a professional manner as a member or leader of a group of people
Unit information in detail
- Teaching methods, assessment and content.
Teaching methods
Hawthorn
Type | Hours per week | Number of Weeks | Total |
On Campus Class (can also be taught in block mode) | 3 | 12 | 36 |
Unspecified Activities Independent Learning | 9.5 | 12 | 114 |
TOTAL | 150 hours |
Assessment
Types | Individual/Group Role | Weighting | Unit Learning Outcomes (ULOs) |
Experiential Learning Exercises | Individual | 40-60% | 1,2,3 |
Presentation | Group | 10-20% | 1,2,3,4 |
Applied Project | Group | 30-40% | 1,2,3,4 |
Content
- Business and social opportunity assessment, evaluation and exploitation in all phases of the corporate lifecycle
- Entrepreneurial mindset
- Macro environment and innovation / Micro environment and the innovation process in a firm
- Entrepreneurial orientation
- Corporate renewal and revitalisation through innovation and entrepreneurial activities
- Innovation process, open innovation and business models
- Technological innovation and its adaptation and diffusion
- Innovation and entrepreneurial strategy
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