Undergraduate Course: Entrepreneurship and New Venture Creation (BUST10117)
Course Outline
| School | Business School | 
College | College of Humanities and Social Science | 
 
| Course type | Standard | 
Availability | Available to all students | 
 
| Credit level (Normal year taken) | SCQF Level 10 (Year 3 Undergraduate) | 
Credits | 20 | 
 
| Home subject area | Business Studies | 
Other subject area | None | 
   
| Course website | 
None | 
Taught in Gaelic? | No | 
 
| Course description | The aim of the course is to enhance participants&© understanding of the role of the entrepreneur in the new venture creation process and develop their capabilities to recognise, assess and articulate new venture opportunities; to understand the resources required to underpin venture development and growth; and know from where and how to access these resources.  The course also seeks to help participants to develop a greater awareness of their personal goals, motivations, strengths and limitations in the context of venture creation and growth, particularly in the context of forming new ventures or joining a new young venture. | 
 
 
Entry Requirements (not applicable to Visiting Students)
| Pre-requisites | 
 Students MUST have passed:   
Innovation and Entrepreneurship (BUST08015)  
  | 
Co-requisites |  | 
 
| Prohibited Combinations |  | 
Other requirements |  Year 4 students in 11/12 who have not had the opportunity to take the 2nd year pre-requisite course 'Innovation and Entrepreneurship' but who wish to take this Honours course must seek permission from the Course Organiser. | 
 
| Additional Costs |  None | 
 
 
Information for Visiting Students 
| Pre-requisites | None | 
 
| Displayed in Visiting Students Prospectus? | No | 
 
 
Course Delivery Information
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| Delivery period: 2012/13  Semester 2, Available to all students (SV1) 
  
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WebCT enabled:  Yes | 
Quota:  None | 
 
	
		| Location | 
		Activity | 
		Description | 
		Weeks | 
		Monday | 
		Tuesday | 
		Wednesday | 
		Thursday | 
		Friday | 
	 
| No Classes have been defined for this Course |  
| First Class | 
First class information not currently available |  
| Exam Information | 
 
    | Exam Diet | 
    Paper Name | 
    Hours:Minutes | 
    
     | 
     |  
  
| Main Exam Diet S2 (April/May) | Entrepreneurship and New Venture Creation | 2:00 |  |  |  
 
Summary of Intended Learning Outcomes 
By the end of the module students will: 
- Understand the linkages between entrepreneurship and venture creation, development and growth; 
- Understand the contrasting motivations which entrepreneurs have for creating new ventures and understand how those motivation influence venture development and growth; 
- Understand the stages and processes involved in identifying and screening entrepreneurial opportunities and know how to assess a range of possible market opportunities in a structured and systematic way; 
- Appreciate alternative approaches and business models for the exploitation of entrepreneurial opportunities; 
- possess an understanding of the key elements in and purpose of a business plan and know what should be included in a business $ùpitch&© of a new venture opportunity; 
- Be familiar with operational requirements for launching new ventures and likely challenges experienced by entrepreneurs/entrepreneurial teams in bringing products and services to the market; 
- Know how to determine the financial and human resource needs of different types of venture and understand where and how to access them; 
- Understand how entrepreneurs develop and build quality into their networks, and how they utilise networks and other forms of assistance to support venture formation and growth; 
- Have worked in a group/team-based environment to assess critically and develop a business plan for an entrepreneurial opportunity. 
 
Cognitive skills  
On completion of the course students should be able to: 
- Analyse different business situations where entrepreneurial opportunities are present or possible; 
- 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 with others that can guide the start-up process and access resources; 
- Locate and access materials/data, draw from multiple sources of information and assess its relevance to the opportunity under consideration; 
- Work together in a team to deliver a multifaceted project to a tight deadline. 
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Assessment Information 
Coursework (70%) 
Given the emphasis on application and practice to develop entrepreneurial skills and abilities, the coursework element will incorporate both individual and group work components.  The emphasis on teamwork/group work is intended to reflect the team-based nature of much new venture creation activity and the collective nature of innovation and new opportunity exploitation.   
 
Open book examination (30%) 
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Special Arrangements 
| None |   
 
Additional Information 
| Academic description | 
Not entered | 
 
| Syllabus | 
Not entered | 
 
| Transferable skills | 
Not entered | 
 
| Reading list | 
Not entered | 
 
| Study Abroad | 
Not entered | 
 
| Study Pattern | 
Not entered | 
 
| Keywords | ENVC | 
 
 
Contacts 
| Course organiser | Dr Sarah Cooper 
Tel:  
Email:  | 
Course secretary | Miss Anne Cunningham 
Tel: (0131 6)50 3827 
Email:  | 
   
 
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© Copyright 2012 The University of Edinburgh -  7 March 2012 5:41 am 
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