This unit investigates theoretical concepts of creativity, innovation and entrepreneurship and the skills and competencies to apply this knowledge effectively to diagnoses the need for, identify and leverage an opportunity and create solutions to contemporary business or societal challenges both locally and globally. The unit provides an authentic and evidence based learning experience of the study of the concepts of creativity, innovation, intrapreneurship and entrepreneurship in which learners engage and apply to planning, strategizing and decision making in professional, commercial and social contexts. The unit stimulates students to challenge the way in which entrepreneurs grow within, flourish and are perceived by and contribute to diverse societal contexts and to interpret this understanding to analysing and critiquing contemporary international entrepreneurial trends and dilemmas as responsible ethical and global citizens. Important paradoxes are posed for students to express the way in which human ingenuity translates to business endeavour which can have both positive and negative consequences individuals, societies and nations. Contemporary scenarios and examples are given to enable students to apply developing knowledge to create an entrepreneurial venture that generates economic, social or environmental benefit and which is sustainable.
|1.||Critically review the issues that influence how human creativity translates to innovation and entrepreneurship and how this transitional process is enabled and managed in different types of settings and organisational forms;|
|2.||Critically interrogate and evaluate the literature on entrepreneurship and apply that understanding to interpret the steps in the successful trajectory of entrepreneurial ventures;|
|3.||Apply knowledge of relevant literature to educate a range of audiences about entrepreneurship;|
|4.||Integrate and deconstruct knowledge and learnings from a range of contexts and disciplines to conceptually map, apply and make recommendations for the management of innovation and entrepreneurship for a given organisational context;|
|5.||Demonstrate accountability in autonomous and collaborative judgements and innovative strategic thinking in response to contemporary and future business/ professional challenges through work collaboratively on an innovative new venture; and|
|6.||Design and formulate an innovation project for business venture grounded in an entrepreneurial proposition.|
Students studying under the VU Block Model.
|Report||Analysing an entrepreneurial mindset||20%|
|Case Study||Case Study on an entrepreneurial venture||30%|
|Report||Innovation Project including an application for funding and Presentation (Group)||50%|
|Assignment||Assessing your entrepreneurial characteristics||10%|
|Presentation||Developing an innovative venture idea||40%|
|Other||Accelerating commercialisation grant application and reflection||50%|
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