Postgraduate Course: New Venture Creation and the Entrepreneurial Process (EMBA) (CMSE11272)
Course Outline
| School | Business School |
College | College of Humanities and Social Science |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Not available to visiting students |
| SCQF Credits | 10 |
ECTS Credits | 5 |
| Summary | The primary objective of the course is to enable the student to develop a solid understanding of key concepts underpinning entrepreneurship and new venture creation. The course aims to develop the intellectual skills of students to understand, analyse and critical evaluate theories, concepts and current issues relating to processes of new venture creation and entrepreneurial management and to apply these in a practical context. |
| Course description |
This course is an intensive one-week experience, which is intellectually stimulating yet highly practical. Its primary objective is to enable students to develop a solid understanding of key concepts underpinning entrepreneurship, the exploitation of new ideas and new venture creation (NVC). The course aims to develop the intellectual skills of students to understand, analyse and critically evaluate theories/concepts and current issues relating to new venture creation and entrepreneurial management and to apply these in a practical context.
Syllabus
The entrepreneurial process, start-up ecosystems and impact on the economy.
Different business models in the lean start-up style and test their concept.
Business structures and intellectual property.
Financing and investment, venture capital
Student Learning Experience
Student Learning Experience
A key component of this course will be on site visits and engagement with companies in the entrepreneurial ecosystem. The course involves a mixture of lectures, theory and practical work, site visits and presentations by practitioners and investors from the local entrepreneurial ecosystem. Students will be encouraged to develop and present their own business ideas and there will be a variety of opportunities to network with the entrepreneurial community.
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | None |
Course Delivery Information
| Not being delivered |
Learning Outcomes
On completion of this course, the student will be able to:
- Reflect upon and critically evaluate theories and concepts underpinning entrepreneurship and new venture creation more widely.
- Understand and discuss critically the relationship between entrepreneurship and new venture creation, development and growth.
- Assess critically how a local entrepreneurial ecosystem interacts and develops, and adapt elements of the entrepreneurial process to a variety of business and organisational contexts.
- Critically assess potential market opportunities in a structured way, and understand a variety of different start-up business types in the technology & biomedical sectors.
- Critically assess and establish an entrepreneurial opportunity of the student¿s own, reflecting upon the experiences presented by practitioners from a variety of companies.
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Reading List
This course does not utilize a required textbook. A series of readings from textbooks, academic journals, and other secondary sources are identified to support student learning. Students are encouraged to begin with these sources and expand their investigation more widely.
Recommended Textbooks
J Clifton and S Bharadwaj 2014 Entrepreneurial StrengthsFinder, New York: Gallup Press
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Additional Information
| Graduate Attributes and Skills |
Cognitive Skills:
Analyse different business situations where entrepreneurial opportunities are present or possible;
Assess critically where and how entrepreneurial behaviour and actions can be applied in different business contexts;
Generate and assess critically new business ideas;
Assess the resources required to pursue an opportunity;
Manage or advise on the key elements for creating a new venture;
Develop a business plan that can guide the start-up process and access resources.
Subject Specific Skills:
Structure, develop and deliver an investor pitch;
Develop a strategy for testing a new idea using lean start-up techniques;
Devise, research, analyse and create an individual business plan;
Assess and iterate through a variety of different start-up business models
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| Keywords | Not entered |
Contacts
| Course organiser | Dr Malcolm Kirkup
Tel: (0131 6)50 8067
Email: |
Course secretary | Miss Kate Ainsworth
Tel: (0131 6)51 7761
Email: |
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