MGMT13151 - Entrepreneurship, Innovation and Start-ups

General Information

Unit Synopsis

The unit is designed to familiarize students with the world of entrepreneurship, innovation and start-ups. It examines the nature and roles of entrepreneurship, innovation and the entrepreneur in society. You will identify the key factors for entrepreneurial success and how to evaluate these factors. You will also learn the stages that entrepreneurs go through in taking the seed of an idea through to planning for the growth of a successful business. Emphasis is placed on planning, financing, starting and managing new start-ups.

Details

Level Undergraduate
Unit Level 3
Credit Points 6
Student Contribution Band SCA Band 4
Fraction of Full-Time Student Load 0.125
Pre-requisites or Co-requisites

Completion of 48 credit points in first year of study.

Important note: Students enrolled in a subsequent unit who failed their pre-requisite unit, should drop the subsequent unit before the census date or within 10 working days of Fail grade notification. Students who do not drop the unit in this timeframe cannot later drop the unit without academic and financial liability. See details in the Assessment Policy and Procedure (Higher Education Coursework).

Class Timetable View Unit Timetable
Residential School No Residential School

Unit Availabilities from Term 1 - 2024

Term 1 - 2024 Profile
Online
Term 2 - 2024 Profile
Online

Attendance Requirements

All on-campus students are expected to attend scheduled classes – in some units, these classes are identified as a mandatory (pass/fail) component and attendance is compulsory. International students, on a student visa, must maintain a full time study load and meet both attendance and academic progress requirements in each study period (satisfactory attendance for International students is defined as maintaining at least an 80% attendance record).

Assessment Overview

Recommended Student Time Commitment

Each 6-credit Undergraduate unit at CQUniversity requires an overall time commitment of an average of 12.5 hours of study per week, making a total of 150 hours for the unit.

Assessment Tasks

Assessment Task Weighting
1. Written Assessment 40%
2. Written Assessment 60%

This is a graded unit: your overall grade will be calculated from the marks or grades for each assessment task, based on the relative weightings shown in the table above. You must obtain an overall mark for the unit of at least 50%, or an overall grade of ‘pass’ in order to pass the unit. If any ‘pass/fail’ tasks are shown in the table above they must also be completed successfully (‘pass’ grade). You must also meet any minimum mark requirements specified for a particular assessment task, as detailed in the ‘assessment task’ section (note that in some instances, the minimum mark for a task may be greater than 50%).

Consult the University’s Grades and Results Policy for more details of interim results and final grades

Past Exams

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Previous Feedback

Term 2 - 2023 : The overall satisfaction for students in the last offering of this course was 83.33% (`Agree` and `Strongly Agree` responses), based on a 14.63% response rate.

Feedback, Recommendations and Responses

Every unit is reviewed for enhancement each year. At the most recent review, the following staff and student feedback items were identified and recommendations were made.

Source: Student survey and in-class feedback
Feedback
Simplify Assessment 2 and remove sub-tasks
Recommendation
Assessment 2 has been simplified to include only one task (Business Plan Report) and additional sub-tasks have been removed.
Action Taken
Assessment 2 has undergone simplification, now encompassing only one task, specifically the Business Plan Report, with the removal of additional sub-tasks.
Source: Student survey and in-class feedback
Feedback
Include assessment exemplars
Recommendation
Assessment exemplars and writing template is included in the Unit Moodle site as assessment support resources.
Action Taken
A writing template for assessment has been developed and embedded in the Moodle
Source: Student emails and in-class feedback
Feedback
The Unit learning resources and practical case studies help increase understanding of the entrepreneurship process and enhance creative thinking skills
Recommendation
Continue to offer engaging Unit learning resources and case studies on Moodle to help increase understanding of entrepreneurship and enhance creative thinking skills.
Action Taken
Fresh learning resources have been embedded in the Moodle
Source: Student Survey
Feedback
Pehaps for the assessment 2, providing more resources or examples for pitch
Recommendation
A guide on how to pitch the business idea should be provided/uploaded in the unit's Moodle.
Action Taken
Nil.
Source: Student Survey
Feedback
The lecturer explained everything in detail about assessments
Recommendation
An updated guide, along with a recorded video, should be uploaded in Moodle, providing details on each assessment. In addition, the lecturer/s should dedicate at least five minutes in each workshop to answer students' questions related to assessment.
Action Taken
Nil.
Unit learning Outcomes

On successful completion of this unit, you will be able to:

  1. Demonstrate an understanding of entrepreneurship, innovation and new start-ups through critical review and synthesis of knowledge and current developments in the field
  2. Synthesise knowledge and exercise critical thinking to appreciate the importance of entrepreneurship and innovation within society
  3. Critically analyse and synthesise the knowledge, qualities and skills needed to become a successful entrepreneur in start-up ventures
  4. Demonstrate creative skills and critical thinking to identify a new start-up opportunity and evaluate its feasibility
  5. Synthesise knowledge and exercise critical thinking to apply appropriate frameworks that evaluate the preferred business model for the start-up opportunity
  6. Apply technical skills to formulate a business plan for the launch of a start-up venture.

Alignment of Assessment Tasks to Learning Outcomes
Assessment Tasks Learning Outcomes
1 2 3 4 5 6
1 - Written Assessment
2 - Written Assessment
Alignment of Graduate Attributes to Learning Outcomes
Introductory Level
Intermediate Level
Graduate Level
Graduate Attributes Learning Outcomes
1 2 3 4 5 6
2 - Problem Solving
3 - Critical Thinking
4 - Information Literacy
8 - Ethical practice
9 - Social Innovation
Alignment of Assessment Tasks to Graduate Attributes
Introductory Level
Intermediate Level
Graduate Level
Assessment Tasks Graduate Attributes
1 2 3 4 5 6 7 8 9 10
1 - Written Assessment
2 - Written Assessment