ENTREPRENEURSHIP AND INNOVATION - 2024/5
Module code: MANM523
This module explores the key theoretical concepts of entrepreneurship and innovation and blends them with knowledge from practice. Thus, students¿ get two important perspectives ¿ theory and practice. These elements (theory and practice) are then incorporated into a visual and agile timeline, which acts as baseline template for entrepreneurial action.
Using this timeline, students can plug and play a chosen product / service and then evaluate for effectiveness. Students¿, therefore, are building up key entrepreneurial and innovation knowledge in a simulated and safe environment.
Surrey Business School
LANHAM-NEW William (SBS)
Number of Credits: 15
ECTS Credits: 7.5
Framework: FHEQ Level 7
Module cap (Maximum number of students): 50
Overall student workload
Independent Learning Hours: 106
Lecture Hours: 8
Seminar Hours: 22
Guided Learning: 7
Captured Content: 7
Prerequisites / Co-requisites
The indicative content of the module includes:
¿ Entrepreneurial terminology in management
¿ Opportunity recognition, creativity, ideation and entrepreneurial thinking
¿ Innovation strategies
¿ Analogue and digital tools entrepreneurs¿ use (Business Modeling, the MVP and RAT)
¿ The pathways available to entrepreneurs and the nuances of the PIVOT
¿ Exploring regional (UK, Paris, Brazil and USA) entrepreneurial eco-systems
¿ Sustainable considerations with entrepreneurial action
¿ The entrepreneurial eco system - current state and future state
¿ Creating a visual timeline
¿ Creating an impactful founder¿s brief
|Assessment type||Unit of assessment||Weighting|
|Oral exam or presentation||Group presentation||40|
1500 word essay on criticality of an entrepreneurial topic (for the Group presentation).
The assessment strategy is designed to provide students with the opportunity to demonstrate their mastery of the learning outcomes.
Thus, the summative assessment for this module consists of:
1. An individual written assessment to demonstrate learning outcomes 1, 2 and 3
2. An individual presentation to meet learning outcomes 4 and 5
Students will undertake practice tasks during the module that support completion of the summative assessments. Formative feedback will be provided throughout these tasks and additionally during assessment-focused sessions during the module.
Students will receive the following feedback for each piece of summative assessment:
¿ An individual grade
¿ A breakdown of marks achieved for each assessment criteria via a marking rubric
¿ Individual focused feedback comments
¿ An overall cohort analysis of the summative assessment performance including areas of strength and opportunities for future development
- ¿ Explore key entrepreneurship and innovation concepts from a theoretical perspective
- ¿ Explore key entrepreneurship and innovation concepts from a practised-based perspective.
- ¿ Develop a visual and agile timeline of entrepreneurial action from a personal perspective.
|001||1. Critically evaluate key entrepreneurial and innovation theoretical concepts||K|
|002||2. Critically evaluate entrepreneurial and innovation practice-based concepts||K|
|003||3. Create a visual and agile timeline of entrepreneurial action for a chosen product / service.||CKP|
|004||4. Apply this knowledge and develop an elevator pitch for their chosen product / service.||CKPT|
|005||5. Showcase an elevator pitch||CKPT|
C - Cognitive/analytical
K - Subject knowledge
T - Transferable skills
P - Professional/Practical skills
Methods of Teaching / Learning
The learning and teaching strategy is designed to combine theoretical and practical application of a range of entrepreneurial theories and approaches. Learning and teaching follows a student-focused combination of activities including short lectures, classroom-based tasks and case studies, and presentations, complemented by online guided learning activities. Students are expected to undertake substantial independent study to further build on the classroom and online content.
Indicated Lecture Hours (which may also include seminars, tutorials, workshops and other contact time) are approximate and may include in-class tests where one or more of these are an assessment on the module. In-class tests are scheduled/organised separately to taught content and will be published on to student personal timetables, where they apply to taken modules, as soon as they are finalised by central administration. This will usually be after the initial publication of the teaching timetable for the relevant semester.
Upon accessing the reading list, please search for the module using the module code: MANM523
Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2024/5 academic year.