MGMT2010 Innovation and Entrepreneurship Principles and Practices S22014
MGMT2010 Innovation and Entrepreneurship Principles and Practices S22014
MGMT2010 Innovation and Entrepreneurship Principles and Practices S22014
School of Management
MGMT2010
Innovation & Entrepreneurship:
Principles and Practices
Course Outline
Semester 2, 2014
Part A: Course-Specific Information
Part B: Key Policies, Student Responsibilities
and Support
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Table of Contents
PART A: COURSE-SPECIFIC INFORMATION
COURSE DETAILS
2
2
2
2
3
4
5
ASSESSMENT
5
5
5
4.2.2
4.2.3
4.2.4
4.2.5
4.2.6
Homepage (10%)
4.2.7
4.2.8
4.2.9
4.2.10
4.2.11
4.2.12
Late Submission
10
COURSE RESOURCES
10
11
COURSE SCHEDULE
11
13
13
14
14
3.1 Workload
3.2 Attendance
3.3 General Conduct and Behaviour
3.4 Occupational Health and Safety
3.5 Keeping Informed
14
14
15
15
15
15
16
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2 COURSE DETAILS
2.1
Sessions start in Week 1(to Week 12): The Time and Location are:
Tue 12:30 - 15:30 at Business School G26 (new, ground floor space in Business School
called The Place)
3-hour blocks include workshops, tutorials, guest talks, quizzes, pitches, etc. Most course
materials will be provided in advance online. Please come to each class prepared!
2.2
Summary of Course
The course provides you with an introduction to the concepts and skills necessary to
successfully commercialise new ideas. Entrepreneurship is about more than just starting a
business. It is also about identifying good opportunities and then creating, communicating,
and capturing value from those opportunities. This includes innovation in corporate and nonprofit settings. Emphasis will be placed on the setting of new venture formation. This course
will provide experiential learning opportunities for you to develop real skills in analysing
business opportunities, and articulating these opportunities in multiple formats (video, live
and written). To bring the real world into the classroom, guest entrepreneurs will come to
class and share their experiences with you and/or run workshops. Vice-versa, this course
also provides opportunities to get you out of the classroom and learn by doing.
2.3
The course has the aim of introducing students to the process of starting a new venture or
initiative in any industry. The course is an introductory course designed for undergraduate
students of all faculties and has no prerequisites. Guest speakers are occasionally
coordinated with MGMT5611 Entrepreneurship & New Venture Management and are open
to anyone at UNSW (space permitting). This course may be taken as a free elective for
Business School students, as a general education requirement for non-Business School
students, or as the first core course towards the Diploma in Innovation Management
(Program 3461). As a result, your most of your classmates will be outside your faculty.
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2.4
The Course Learning Outcomes are what you should be able to DO by the end of this
course if you participate fully in learning activities and successfully complete the assessment
items.
The Learning Outcomes in this course also help you to achieve some of the overall Program
Learning Goals and Outcomes for all undergraduate coursework students (at least in in the
Business School). Program Learning Goals are what we want you to BE or HAVE by the
time you successfully complete your degree (e.g. be an effective team player). You
demonstrate this by achieving specific Program Learning Outcomes - what you are able to
DO by the end of your degree (e.g. participate collaboratively and responsibly in teams).
For more information on the Undergraduate Coursework Program Learning Goals and
Outcomes, see Part B of the course outline.
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The following table shows how your Course Learning Outcomes relate to the overall Program
Learning Goals and Outcomes, and indicates where these are assessed (they may also be
practised in tutorials and other activities):
Program Learning Goals
and Outcomes
This course helps you to
achieve the following
learning goals for all
Business School
undergraduate
coursework students:
1
Knowledge
Critical thinking
and problem
solving
3a
Written
communication
3b
Oral
communication
Teamwork
5a.
Ethical,
environmental and
sustainability
responsibility
Social and cultural
awareness
5b.
Course Assessment
Item
This learning outcome
will be assessed in
the following items:
All
Web-presence
Final 4-pager
Bonus marks
All
Interview mentor
Demo video
Final pitch
Bonus marks
N/A
3.2
4 ASSESSMENT
4.1
Formal Requirements
4.2
Assessment Details
The following table provides essential information about each assignment assessed in the
course. The paragraphs following the table provide additional information. Students should
keep a copy of all work submitted for assessment.
Course Assessment Item
Weight
10%
Individual: 5-minutes, in
moodle
5%
5%
10%
5%
10%
15%
20%
20%
Variable
Variable
Due Dates
Week 2-12
(beginning of
session)
Week 2 (before
session)
Week 3 (by end of
session)
Week 4-12 (before
session)
Week 4 (before
session)
End of Week 6
End of Week 7
Week 13
(in session)
End of Week 13
End of Weeks 7 and
13
Variable
We will use WebPA for the peer evaluations. See http://www.webpaproject.com/?q=node/125 for a worked
example of the Scoring Algorithm. Failure to submit will result in a 2.5% penalty for each of the two rounds of peer
assessment.
after start of class. Once started, they will time out after 5 minutes. The combination of all
RATs will be worth 10% of your final mark.
tailored feedback about recent progress. Also, each week I will generate a tally of each
teams total hypothesis counts, to be made visible to the cohort. This tally will help give each
team a sense for how they are progressing relative to other teams.
Business canvas updates are due before the beginning of each session, starting with session
4. The combination of all updates will be worth 10% of your final mark.
Towards the beginning of each session, all teams will perform a quick ~2 minute pitch
reflecting the latest version of their business idea. These pitches are purely for feedback and
peer learning and will not be marked.
events provide an interactive environment in which to develop many of the program learning
goals and outcomes.
If you place in a pitch competition, extra credit will be added to your individual marks. If you
pitch as a team, then this extra credit is available for each member who participated in the
pitch event. Note that you do NOT have to pitch the same idea that you are using for your
course work. The pitch could be about another business idea you want to start-up. Extra
credit for placing in pitch competitions is:
- Top 10 finalists 2.0%;
- 5th place 2.5%;
- 4th place 3%,
- 3rd place 3.5%,
- 2nd place 4%,
- 1st place 5%.
You can rack up more extra credit (and experience!) by pitching at multiple events.
To claim the bonus marks, you must:
1. Gain my approval of the event before the event (a quick email exchange to confirm
should do). Some pre-approved events will be mentioned in the beginning of each
class. You are welcome to suggest others that I may not be aware of, but remain
subject to my approval.
2. Write a short reflective summary (min 1 page, max 2 pages) of the event as it relates
to the course content and your business idea. The summary should be single line
spaced, 10-point font, times new roman and include:
o A brief summary of what happened (format of the event, speakers, people
met), ideally including a copy of the URL announcing the event or winners.
o Examples of course materials that you applied (or observed them being
applied by others at the event)
o A reflective summary of the impact that the event had on your business idea
(either your teams idea or your own personal one)
Bonus marks may be claimed until the beginning of exam week.
Quality Assurance
The Business School is actively monitoring student learning and quality of the student
experience in all its programs. A random selection of completed assessment tasks may
be used for quality assurance, such as to determine the extent to which program
learning goals are being achieved. The information is required for accreditation
purposes, and aggregated findings will be used to inform changes aimed at improving
the quality of Business School programs. All material used for such processes will be
treated as confidential and will not be related to course grades.
5 COURSE RESOURCES
This course includes experiments in teaching methods that may or may not be repeated from
one session to another. Given the success of student teams from using facebook groups in
the past, we will probably continue using facebook for this session to improve interaction
among students (and the lecturer):
URL: to be determined. May include alumni from past cohorts who have expressed an
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7 COURSE SCHEDULE
The course includes a number of opportunities to interact with external stakeholders.
Stakeholders include potential customers, suppliers, professional service providers, lawyers,
investors, advisors, and many more. As part of the interactive emphasis of the course, some
of the evening seminars are run by guest speakers. Because speakers schedules change,
the schedule below is tentative and will likely change.
There used to be a paranoid notice here saying dont share your ideas outside the classroom
and dont rip each other off. Not anymore. Please share your ideas with anyone else who will
listen and give you feedback. Feel free to talk about your classmates pitches, too, so you
can compare feedback about their pitches and yours. At the end of the day, its not the idea
that matters, its how well it was articulated, implemented and executed. Your business idea
can be ripped off, but your passion for your idea is unique and rare, and technical ideas can
be protected.
If its a great idea, chances are others will have it, too:
Sometimes, great ideas seem to be everywhere at once. Newton and Leibniz
independently developed the fundamentals of calculus, creating controversy at the
turn of the 18th century; Darwin and Wallace rolled out the theory of evolution in
separate papers in 1858. In October 2003, when Mark Zuckerberg sat down in his
dorm at Harvard, drunk and alone, the idea of using the Web to connect people
seemed as pervasive as iPods on the campus quad.
(http://www.rollingstone.com/culture/news/the-battle-for-facebook-20100915)
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Course materials will evolve on an ongoing basis as new teaching, research and media
content emerges.
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3.1
Workload
It is expected that you will spend at least nine to ten hours per week studying this
course. This time should be made up of reading, research, working on exercises and
problems, and attending classes. In periods where you need to complete assignments
or prepare for examinations, the workload may be greater.
Over-commitment has been a cause of failure for many students. You should take the
required workload into account when planning how to balance study with employment
and other activities.
We strongly encourage you to connect with your Blackboard or Moodle course
websites in the first week of semester. Local and international research indicates that
students who engage early and often with their course website are more likely to pass
their course.
Information for staff and students on expected workload:
https://my.unsw.edu.au/student/atoz/UnitsOfCredit.html
3.2
Attendance
Your regular and punctual attendance at lectures and seminars is expected in this
course. University regulations indicate that if students attend less than 80% of
scheduled classes they may be refused final assessment.
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3.3
You are expected to conduct yourself with consideration and respect for the needs of
your fellow students and teaching staff. Conduct which unduly disrupts or interferes
with a class, such as ringing or talking on mobile phones, is not acceptable and
students may be asked to leave the class. More information on student conduct is
available at: https://my.unsw.edu.au/student/atoz/BehaviourOfStudents.html
3.4
UNSW Policy requires each person to work safely and responsibly, in order to avoid
personal injury and to protect the safety of others. For more information, see
http://www.ohs.unsw.edu.au/.
3.5
Keeping Informed
You should take note of all announcements made in lectures, tutorials or on the course
web site. From time to time, the University will send important announcements to your
university e-mail address without providing you with a paper copy. You will be deemed
to have received this information. It is also your responsibility to keep the University
informed of all changes to your contact details.
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Business School Policy on requests for Special Consideration for Final Exams in
Undergraduate Courses:
The policy of the School of Management is that the lecturer-in-charge will need to be
satisfied on each of the following before supporting a request for special consideration:
1. Does the medical certificate contain all relevant information? For a medical
certificate to be accepted, the degree of illness, and impact on the student,
must be stated by the medical practitioner (severe, moderate, mild). A
certificate without this will not be valid.
2. Has the student performed satisfactorily in the other assessment items?
Satisfactory performance would require at least 50% in each assessment
and meeting the obligation to have attended 80% of tutorials.
3. Does the student have a history of previous applications for special
consideration? A history of previous applications may preclude a student
from being granted special consideration.
Special Consideration and the Final Exam:
This course does not have a traditional final exam. See above policy on requests for
special consideration and coordinate a resolution with the lecturer-in-charge.
The Business Schools Special Consideration and Supplementary Examination Policy
and Procedures for Final Exams for Undergraduate Courses is available at:
http://www.asb.unsw.edu.au/currentstudents/resources/forms/Documents/supplementa
ryexamprocedures.pdf.
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