Entrepreneurship and Innovation (IBUS3103)

UNIT OF STUDY

Entrepreneurial businesses are the engine room of our economy. They create and share wealth by focusing on new markets, new products, and/or new business processes. This Unit of Study will provide an opportunity to develop your entrepreneurial mindset, and understand what it takes to build a successful entrepreneurial venture.  As well as being relevant for managers of entrepreneurial small and medium enterprises (SMEs), the unit will be of interest to future leaders of corporate ventures focused on innovation and growth. Topics will include opportunity identification, innovating in large firms, harnessing and leveraging resources and capabilities, intellectual property management, finance and funding, and the challenges of entrepreneurial leadership. You will also gain insight from the processes vital for successful entrepreneurial activity, including strategy formulation, design thinking, decision-making, and pitching. The unit will bring together the skills you have acquired across multiple disciplines of study, and will require your active participation as you work with businesses in their search for growth and funding.

Our courses that offer this unit of study

Further unit of study information

Classes

1x 1.5hr lecture and 1 x 1.5hr tutorial/lab class per week.

Assessment

Individual report (20%), in-class assessment (25%), take-home assessment (25%), group presentation (15%), and business plan (15%).

Faculty/department permission required?

No

Unit of study rules

Prerequisites and assumed knowledge

48 credit points

Study this unit outside a degree

Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.