New Business Opportunities and Startups (IBUS6011)

UNIT OF STUDY

For small open economies such as Australia's, new business opportunity identification and exploitation are often critical to firms' long-term growth and survival. Identifying new markets, developing new products and implementing new business models are highly-regarded and valuable skills for entrepreneurs and business managers alike. In addition to exploring the special problems (and advantages) associated with entrepreneurial start-ups, the unit explores commercialisation and corporate venturing. Topics include opportunity recognition, strategy development, business planning and investor documentation, venture capital and other funding sources, as well as entrepreneurial and creative leadership. The unit is structured around learning from engaged practice, and requires students to work with startup and early stage businesses.

Our courses that offer this unit of study

Further unit of study information

Classes

Semester 1 & 2: 1x 3 hr lecture/seminar per week; Intensive session: 2 x 3hr lecture/workshops pre-departure (Sydney), 30hrs lecture/workshops in country action-research, 1 x 3hr seminar post trip (Sydney)

Assessment

Individual assessment (70%), group assignment (10%), and group presentation (20%)

Faculty/department permission required?

Yes

Unit of study rules

Prerequisites and assumed knowledge

IBUS5002, or completion of at least 24 credit points

Prohibitions

WORK6112, IBUS5011

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.