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Entrepreneurship and Innovation

SMP807

Course CodeSMP807
ECTS

Course Description

The aim of this unit aim is to introduce learners to the basics of business processes and strategies related to enterprise and entrepreneurship, developing knowledge of enterprise and entrepreneurship in global contexts.

Course Objectives

The aim of this unit aim is to introduce learners to the basics of business processes and strategies related to enterprise and entrepreneurship, developing knowledge of enterprise and entrepreneurship in global contexts.

Key Topics

  1. LO1: Be able to critically analyse the concepts and process of entrepreneurship.
  2. LO2: Be able to evaluate innovative and entrepreneurial management processes for a project or organisation.
  3. LO3: Be able to critically assess proposals developed from new ideas.
  4. LO4: Be able to develop a business plan.

Course Outline

WeekTopics
1Enterprise Typologies and Global Ecosystems
2Entrepreneurial Profiling and Competency Evaluation
3Systemic Creativity and Innovation Ecosystems
4Appraisal of Innovative Management Concepts
5Leading Transformational Change and Innovation
6Venture Opportunity Identification and Analysis
7Operational and Market Feasibility Testing
MidtermMidterm evaluation
9Financial Forecasting and Valuation Techniques
10Strategic Business Plan Synthesis
11Strategic Control and Governance Mechanisms
12Applying Entrepreneurship and Innovation in practice: case studies
13Assignment workshop: research, planning and referencing
14Assignment workshop: drafting, feedback and improvement
15Review and coursework completion
FinalFinal assessment and submission

Learning Outcomes

  1. LO1 Be able to critically analyse the concepts and process of entrepreneurship.
  2. 1.1 Critically analyse the nature, characteristics and challenges of establishing different kinds of enterprise.
  3. 1.2 Critically assess own entrepreneurial skills and attributes.
  4. 1.3 Evaluate what makes a successful commercial or social entrepreneur.
  5. LO2 Be able to evaluate innovative and entrepreneurial management processes for a project or organisation.
  6. 2.1 Evaluate methods for encouraging creativity and innovation in organisations.
  7. 2.2 Evaluate potential creative and innovative management ideas.
  8. 2.3 Critically explore how to lead others to positively embrace innovation and change.
  9. LO3 Be able to critically assess proposals developed from new ideas.
  10. 3.1 Analyse business ideas.
  11. 3.2 Evaluate production, and marketing feasibility of new business ideas.
  12. 3.3 Produce business planning forecasts using financial techniques.
  13. LO4 Be able to develop a business plan.
  14. 4.1 Develop a business plan for a new business.
  15. 4.2 Develop a control and monitoring mechanism for the business plan.
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