Postgraduate Course: Innovation-driven Entrepreneurship (CMSE11202)
Course Outline
| School | Business School |
College | College of Humanities and Social Science |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Available to all students |
| SCQF Credits | 10 |
ECTS Credits | 5 |
| Summary | This introduction to entrepreneurship provides a fully-on-line enabled curriculum for students to explore entrepreneurship as a subject of study and as a practice. The course relies on video presentations, speaker events, and traditional content. There are no physical lectures.
Students work independently to learn about entrepreneurship theory. Students work in a group to evaluate an innovative opportunity. The course provides students a "sandpit" to explore the early stages of entrepreneurship.
This course teaches some of the generic and transferable skills required to become an entrepreneur. The course raises the student's awareness of the legal, business, managerial, creative, analytical and interpersonal skills relevant to setting up and running a new venture. The primary focus is on the development of an opportunity evaluation for a venture exploiting a novel idea or technology. |
| Course description |
Entrepreneurship has become one of the most powerful and influential forces of change in the world. Technological innovation driven by scientific research has led to radical social and economic changes. Companies like Apple, Facebook, Genentech, and Cisco, all derive their success in part due to the innovative application of novel technology. But advanced technology alone is not sufficient to guarantee either user adoption or commercial success. Many ideas and technologies are abandoned or ignored despite presenting apparently significant advantages over incumbent systems.
This course introduces students to the theory and practice of entrepreneurship. It focuses specifically on how and why some innovations are successfully commercialized, with particular emphasis on the role of the innovator-entrepreneur, with specific reference to science-driven innovation relevant to students¿ programmes of study.
This course teaches some of the generic and transferable skills required to become an entrepreneur, and raises the student's awareness of the legal, business, managerial, creative, analytical and interpersonal skills relevant to setting up and running an innovative organization.
Course Objectives
A fundamental outcome of entrepreneurship is the creation of new value, usually through the creation of new products and services which may lead to the creation of a new business entity. The objective of this course is to demonstrate and understand that exploiting a new opportunity is a process that can be planned, resourced, and managed. To start a successful business, an entrepreneur must exercise motivation as well as enterprising and managerial skills. He or she requires access to resources to grow the business; not just investment but social resources as well. Overall success is not just related to the nature of market opportunities but to the entrepreneurial and managerial motivations and skills of the entrepreneur.
The University of Edinburgh is a champion of entrepreneurial skills. The University has encouraged Schools and Colleges to establish entrepreneurship as a relevant and potentially valuable component of both undergraduate and advance degrees of study. In particular, the University has encouraged post-graduate students to identify entrepreneurial activity as a viable and appropriate alternative to an academic career or traditional career placement.
The course centres on three objectives:
1) Facilitating student identification and exploration of entrepreneurial opportunities,
2) Supporting student development of knowledge and skill related to success in entrepreneurial activity
3) Encouraging student self-evaluation with regard to entrepreneurial interest, intent, and capabilities.
Student Learning Experience
This course utilises multiple learning modes, including: independent reading, primary research, lecture, group discussion, case studies, and exposure to practice. Students who participate in and engage with every mode are most likely to gain the most learning from the course. Preparation for every lecture session is essential, as students are expected to be active participants in their own and others¿ learning experience.
Syllabus
Entrepreneurial Motivation
Entrepreneurial Characteristics
Contexts of Entrepreneurial activity
Opportunity Recognition
Opportunity Evaluation
Acquiring Resources
Business models
Entrepreneurial Activities
Leadership and social entrepreneurship
Outcomes and Exits
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
|
Co-requisites | |
| Prohibited Combinations | |
Other requirements | None |
Information for Visiting Students
| Pre-requisites | None |
| High Demand Course? |
Yes |
Course Delivery Information
|
| Academic year 2015/16, Available to all students (SV1)
|
Quota: None |
| Course Start |
Semester 2 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
100
(
Lecture Hours 10,
Seminar/Tutorial Hours 2,
Feedback/Feedforward Hours 10,
Formative Assessment Hours 2,
Summative Assessment Hours 2,
Programme Level Learning and Teaching Hours 2,
Directed Learning and Independent Learning Hours
72 )
|
| Assessment (Further Info) |
Written Exam
50 %,
Coursework
50 %,
Practical Exam
0 %
|
| Additional Information (Assessment) |
Group Coursework (40%)
exam (60%) |
| Feedback |
Students will submit weekly assignments, which are not graded but feedback will be given on these.
Written feedback for the group video and the group assessment.
There will be general feedback on the exam.
All of the feedback will be available on-line. |
| Exam Information |
| Exam Diet |
Paper Name |
Hours & Minutes |
|
| Main Exam Diet S2 (April/May) | Innovation-Driven Entrepreneurship | 2:00 | |
Learning Outcomes
On completion of this course, the student will be able to:
- Recognise and critically assess an opportunity in a market space relevant to their programme of study
- Critically analyse and consider different business situations where entrepreneurial opportunities are present or possible
- Research a business start-up opportunity and marketplace
- Prepare a written opportunity assessment to evaluate the attractiveness and/or feasibility of an opportunity
- Conceive a plan for acquisition of further resources needed for venture development
|
Additional Information
| Course URL |
http://www.tinyurl.com/2015EdinburghEntrepreneur |
| Graduate Attributes and Skills |
Cognitive Skills:
Students participating in the course will improve:
* Scholarship and desk research skills;
* Assimilation, communication and presentation of critical evaluations of relevant sources of information; and
* Critical thinking associated with the application of entrepreneurial theory to real world organizations and opportunities.
Subject Specific Skills:
The course will help students increase:
* Ability to reflect upon and theories and concepts underpinning entrepreneurship;
* Awareness of interpersonal skills required for networking and negotiations
* Awareness of the importance of working in team environments
* Understanding of the relationship between entrepreneurship and value creation as well as the unique role of the entrepreneurial manager in driving innovation and growth;
* Ability to employ a theoretical framework in analysing a new business venture opportunity |
| Additional Class Delivery Information |
This course is delivered totally on-line.
This course utilises multiple learning modes, including: independent reading, primary research, lecture, group discussion, case studies, and exposure to practice. Students who participate in and engage with every mode are most likely to gain the most learning from the course. Preparation for every lecture session is essential, as students are expected to be active participants in their own and others¿ learning experience. |
| Keywords | IDE10 |
Contacts
| Course organiser | Mr Adam Bock
Tel: (0131 6)50 8246
Email: |
Course secretary | Miss Rachel Allan
Tel: (0131 6)51 3757
Email: |
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