Gwybodaeth Modiwlau

Module Identifier
MBM4720
Module Title
Innovation and Entrepreneurship
Academic Year
2020/2021
Co-ordinator
Semester
Intended for use in future years

Course Delivery

 

Assessment

Assessment Type Assessment length / details Proportion
Semester Assessment 3,000 word report  40%
Semester Exam 3 Hours   60%
Supplementary Assessment Repeat failed elements or equivalent  40%
Supplementary Exam 3 Hours   Repeat failed elements or equivalent  60%

Learning Outcomes

On successful completion of this module students should be able to:

Critically evaluate and discuss content related to the role of innovation and entrepreneurship in society

Critically analyse and discuss content related to associated theory of innovation commercialization

Critically evaluate and discuss the mechanisms of creativity and the creative process for purposes of innovation;

Critically evaluate and make informed decisions related to innovation and entrepreneurship opportunities;

Critically appraise and discuss theory related to finance, governance, management, leadership, policy and ethics of innovation and entrepreneurship

Critically evaluate and discuss the interdisciplinary theory related to innovation and entrepreneurship

Understand the role of innovation and entrepreneur networks and clusters

Brief description

This modules is a specialization module for MBA students

Content

Overview of innovation and entrepreneurship (economic and social perspectives);
Internal (personal) factors of innovation and entrepreneurship;
External factors of entrepreneurship (policy culture, market factors);
Creativity and the creative process;
Evaluating business ideas and opportunities;
Financing entrepreneur business;
Launching new businesses and the business cycle;
Entrepreneurship, interventions, management and leadership;
New product commercialization and marketing;
Entrepreneurship networks and clusters.

Module Skills

Skills Type Skills details
Application of Number Through the quantitative areas integrated throughout the entire module. Particularly the use and analysis of data which may identify opportunities for innovation and entrepreneurship.
Communication Oral communication will be developed through class participation and group work in class. Written communication will be developed through case preparation, assessment preparation, note taking and information based discussions. Assessed in the report.
Improving own Learning and Performance Through both class and self-directed learning.
Information Technology Basic of data analysis will be done using software as well as finding and processing secondary information. Also the use of the basic Microsoft packages related to business and management. Assessed in the report.
Personal Development and Career planning Development of skills, theory and analysis capabilities to allow effective management decisions related to innovation and entrepreneurship.
Problem solving Identification of the relevant information for decisions and formulation of decisions related to innovation and entrepreneurship. Also, the creative process is linked to problem solving.
Research skills Qualitative methods, analysis of secondary data for business decision and opportunity discovery. Assessed in the report.
Subject Specific Skills
Team work Through class preparation, the use of breakout group work sessions, case preparation and through the assessment

Notes

This module is at CQFW Level 7