Units of study for the Graduate Certificate in Innovation and Enterprise

The Business School website (sydney.edu.au/business/pgunits/) contains the most up to date information on unit of study availability or other requirements. Timetabling information for 2014 is also available on the Business School website (sydney.edu.au/business/timetable). Students should note that units of study are run subject to demand.

Table of postgraduate units of study: Graduate Certificate in Innovation and Enterprise

Unit of study Credit points A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition Session
Core units of study
Students must complete all core units.
IBUS5002
Strategy, Innovation & Entrepreneurship
6    N IBUS5001
Semester 1
Semester 2
IBUS6015
Innovation & Enterprise Special Project
6    A IBUS5001

Note: Department permission required for enrolment
Students need permission from the Discipline to enrol unless they are enrolled in the GradCertInn&Ent where this is a core unit.
Int February
Int July
Int March
Semester 1
Semester 2
Elective units of study
Students must complete two elective units.
IBUS6011
New Business Opportunities and Startups
6    A IBUS5002, or completion of at least 24 credit points
N WORK6112, IBUS5011
Semester 1
Semester 2
IBUS6012
Business Growth and Innovation
6    A IBUS5002, or completion of at least 24 credit points
Semester 2
IBUS6013
Business Restructuring and Renewal
6    A IBUS5002, or completion of at least 24 credit points
Semester 2
IBUS6014
Intellectual Property Management
6    A IBUS5002, or completion of at least 24 credit points
Semester 1
IBUS6016
Social Entrepreneurship
6    A IBUS5002, or completion of at least 24 credit points
Semester 1
Summer Late

Unit of study descriptions for the Graduate Certificate in Innovation and Enterprise

Please note: These unit of study descriptions are listed alphanumerically by unit code.

IBUS5002 Strategy, Innovation & Entrepreneurship

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 3hr seminar per week Assessment: individual assignments (40%), group assignment (30%), and final exam (30%)
This foundation unit will provide an introduction to the essential concepts and frameworks relevant to the fields of strategy, innovation and entrepreneurship. Topics covered will include the key elements of business strategy, including developing a business mission, understanding the external environment, reviewing internal resources and capabilities, and business and corporate strategy. The importance of entrepreneurial activity and the challenges faced by startup ventures, as well as examples of successful and unsuccessful business innovations, will be highlighted. The emphasis of the unit will be on understanding the strategic activity of both startup and established businesses and will focus on issues relevant to entrepreneurs as well as business managers.
IBUS6011 New Business Opportunities and Startups

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 3 hr lecture/seminar per week Assessment: Individual assessment (70%), group assignment (10%), and group presentation (20%)
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 will explore 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 your learning from engaged practice, and requires you to work with startup and early stage businesses.
IBUS6012 Business Growth and Innovation

Credit points: 6 Session: Semester 2 Classes: 1x 3 hr lecture/seminar per week Assessment: Individual assignments (55%), group project (30%), and group presentation (15%)
The business landscape is changing, with increasingly global business models and rapidly changing competitive environments buffeting established businesses.  Businesses that have 'survived' startup are immediately challenged to build sustainable business models that continually leverage into new markets and products. This unit centres on business- and corporate-level strategy, focussing on the development of skills and knowledge required to spark and cope with rapid business growth. Topics will include harnessing and leveraging resources and capabilities, internationalising ventures, forming alliances, mergers and acquisitions and avoiding the pitfalls of rapid growth.  You will also explore the processes involved in strategy formulation, including decision-making and design thinking.  The unit is structured around your learning from engaged practice, and requires you to work with businesses in their search for growth options and their appropriate funding.  
IBUS6013 Business Restructuring and Renewal

Credit points: 6 Session: Semester 2 Classes: 1x 3hr lecture/seminar per week Assessment: Individual assignment (55%), group project (30%), and group presentation (15%)
Entrepreneurial business opportunities do not always relate to early-stage or start-up businesses. Later-stage business investments, whether buying existing businesses or turning around failing enterprises, are a significant and growing focus of entrepreneurial activity. This unit explores the process of acquiring and reinvigorating established businesses and how to secure private equity funds (leveraged buy-outs) or corporate funding. The focus is on opportunity evaluation, business model innovation, management and revitalisation rather than financial structuring. You will have the opportunity to apply the functional skills learned in core strategy, finance, marketing, and management units to real opportunities. As well as being of interest to those wishing to acquire and manage their own business, the unit is appropriate for those working in 'big' business and the financial markets.
IBUS6014 Intellectual Property Management

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr seminar/wk Assessment: Individual assessment (30%), group assignment (15%), group presentation (15%), and final exam (40%)
Intellectual property (IP) represents the property of your mind, intellect, and proprietary knowledge. There are a number of means of protecting your IP, including patents, copyright and trademarks.  Creating IP does not necessarily mean you own the rights to use it, as most forms require you to take formal steps to register your IP and obtain the legal rights of ownership (both in Australia and internationally).  This unit of study will cover aspects including the concept of IP, how to identify and protect it in a local and international context, creating the conditions to encourage and leverage IP in a commercial context, how to manage a portfolio of IP, and enforcement scenarios. The unit concentrates on how to utilise IP to create, control and exchange value, with particular attention paid to the practice of open innovation. 
IBUS6015 Innovation & Enterprise Special Project

Credit points: 6 Session: Int February,Int July,Int March,Semester 1,Semester 2 Classes: 1x 3hr seminar/wk Assessment: research proposal (20%), critique (10%), instructor updates (15%), presentation (15%) and major research report (40%)
Note: Department permission required for enrolment
Note: Students need permission from the Discipline to enrol unless they are enrolled in the GradCertInn&Ent where this is a core unit.
This unit of study is designed to assist you develop your understanding of research methods and business issues specifically related to your area of interest. You will complete a major research project that will explore the phenomena of strategy, innovation or entrepreneurship in a context of your choice, or as proposed by an academic. For example, you could study two corporations that have successfully (or unsuccessfully) grown a business from an invention; or you could research a specific problem confronting an entrepreneurial business. Your study would address a specific issue of interest to academia or industry, as well as your future career.
IBUS6016 Social Entrepreneurship

Credit points: 6 Session: Semester 1,Summer Late Classes: 1x 2hr lecture per week and 1x 1hr reading and/or case per week for 12 weeks Assessment: individual assignments (55%), group assignment (30%) and group presentation (15%)
Social entrepreneurs are committed to furthering a social mission through enterprises that rank social, environmental or cultural impact on a par with, or even above, profit. Intersecting the business and not-for profit worlds, social entrepreneurship addresses many complex local and global problems. This unit will critically introduce the concept and develop frameworks for understanding social entrepreneurship (also referred to as social enterprise and social innovation). Teaching and learning will utilise case studies, and include the opportunity to apply real-world experiences. Topics will include creating innovative social enterprises, sustainable business models, philanthropy and funding, impact assessment, and leadership. The unit is structured around your learning from engaged practice, and requires you to work with social enterprises.