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 3
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 3 - 2020

Term 3 - 2020 Profile
Brisbane
Melbourne
Online
Term 2 - 2021 Profile
Brisbane
Melbourne
Online
Sydney
Term 3 - 2021 Profile
Brisbane
Melbourne
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 - 2019 : The overall satisfaction for students in the last offering of this course was 4.7 (on a 5 point Likert scale), based on a 44.44% 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: Have Your Say
Feedback
Assessment task requirements need to be explained more clearly and earlier in the term.
Recommendation
In addition to describing the assessment requirements in the unit profile, providing additional information on Moodle and Zoom and recording PowerPoint presentations, it is recommended that a dedicated Discussion Forum is established on Moodle in relation to each assessment item.
Action Taken
The recommended actions were all taken this term and resulted in a high degree of student satisfaction with all aspects of assessment.
Source: Have Your Say, Email correspondence
Feedback
Assessment feedback needs to be more detailed, formative and timely.
Recommendation
Provide teaching team training about how to provide constructive and formative feedback. Develop strategies to ensure marking team comply with published marking timelines.
Action Taken
This was done during teaching team meetings and email correspondence. Feedback was valued by students and assessment was marked in a timely manner. This resulted in a high degree of student satisfaction with all aspects of assessment.
Source: Have Your Say
Feedback
More engagement and interaction with distance students via communication and lectures.
Recommendation
Ensure that recorded lectures are provided, Zoom sessions are scheduled out of office hours to accommodate working students, and all means of communication with students are fully utilised.
Action Taken
All means of communication were utilised (phone, email, EASICONNECT) and Zoom sessions were scheduled at an appropriate time. However, only one student attended one of the Zoom sessions.
Source: Have Your Say and informal feedback.
Feedback
Students would like to attend Zoom sessions but they need to occur later in the evening.
Recommendation
Continue to schedule Zoom sessions at a convenient time for working students. After 5:30 pm on weekdays.
Action Taken
Nil.
Source: Have Your Say and informal feedback.
Feedback
Have more recorded information available on Moodle including lectures, unit content activities and assessment information.
Recommendation
Continue to record short lectures, record mini simulations related to in-class tutorial activities that would be engaging to students who are online learners and ensure that accessible and 'one stop' information is provided in relation to assessment.
Action Taken
Nil.
Source: Have Your Say and informal feedback.
Feedback
Including the opportunity to take part in The Big Idea competition in the assessment items was very enjoyable and interesting.
Recommendation
Continue to provide the opportunity to take part in The Big Idea competition in Term 2 each year.
Action Taken
Nil.
Source: Have Your Say and informal feedback.
Feedback
It would be beneficial to have an individual mark awarded in group work as well as a group mark.
Recommendation
Ensure that marking rubrics in future have an individual mark as well as a group mark for group based assessment items.
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
1 - Written Assessment
2 - Written Assessment