Innovation and Enterprise for Scientists and Engineers 1 (U01858)

? Credit Points : 20 ? SCQF Level : 8 ? Acronym : EEL-1-MNIAE

Using a variety of media, students study topics such as Ideas and Innovation, Intellectual Property, Marketing, Finance and Investment. The course is designed so that students can study the course at their own pace with a minimum of scheduled classes. Delivery methods will include seminars, web based training modules, self assessment tests, live and online tutorials as well as participation in discussion boards and other events such as workshops. Assessment during the course will involve satisfactory completion (40%+) of coursework assignment. The overall final mark will consist of 50% coursework and 50% final exam.

Entry Requirements

none

Subject Areas

Home subject area

Management (School of Engineering and Electronics), (School of Engineering and Electronics, Schedule M)

Delivery Information

? Normal year taken : 1st year

? Delivery Period : Semester 2 (Blocks 3-4)

? Contact Teaching Time : 6 hour(s) per week for 11 weeks

First Class Information

Date	Start	End	Room	Area	Additional Information
07/01/2008	17:00	18:00	Lecture Theatre 1, Eng Sanderson Building	KB

All of the following classes

Type	Day	Start	End	Area
Lecture	Monday	17:10	18:00	KB
Lecture	Tuesday	17:10	18:00	KB

? Additional Class Information : Lecture held in Sanderson Drawing Office, Sanderson Building

Summary of Intended Learning Outcomes

On completion of the course students should be able to:
1. Understand the role of entrepreneurship within the global business environment context.
2. Identify the opportunities and key skills required in the process of creating a new business venture.
3. Understand the need for personal development.
4. Appreciate the problems involved in selecting business opportunities.
5. Understand the different types of business model.
6. Identify the key elements involved and specify a suitable feasibility study for a simple product technology.
7. Investigate different sources of information relevant to a new business venture, in particular existing intellectual property.
8. Appreciate the steps involved in basic project management.
9. Understand the role of marketing research and market(ing) strategies.
10. Develop a business plan.
11. Prepare a simple Trading and Profit and Loss Account for a small firm
12. Prepare a simple Company Balance Sheet and analyse those of other companies
13. Understand and differentiate between cost, price and value.
14. Understand the resource needs for new business ventures and appreciate these from the point of view of different agents, e.g. entrepreneurs, investors and the government.