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Unit of study_

ENGG5102: Entrepreneurship for Engineers

This unit of study aims to introduce graduate engineering students from all disciplines to the concepts and practices of entrepreneurial thinking. Introduction to Entrepreneurship will offer the foundation for leaders of tomorrow's high-tech companies, by providing the knowledge and skills important to the creation and leadership of entrepreneurial ventures. The focus of the unit of study is on how to launch, lead and manage a viable business starting with concept validation to commercialisation and successful business formation. The following topics are covered: Entrepreneurship: Turning Ideas into Reality, Building the Business Plan, Creating a Successful Financial Plan, Project planning and resource management, Budgeting and managing cash flow, Marketing and advertising strategies, E-Commerce and Entrepreneurship, Procurement Management Strategies, The Legal Environment: Business Law and Government Regulation, Intellectual property: inventions, patents and copyright, Workplace, workforce and employment topics, Conflict resolution and working relationships, Ethics and Social Responsibility.

Code ENGG5102
Academic unit Electrical and Information Engineering
Credit points 6
Assumed knowledge:
Some limited industry experience is preferred but not essential

At the completion of this unit, you should be able to:

  • LO1. Communicate with financial, design, development, marketing and production departments
  • LO2. understand the team working skills and requirements for effective collaboration
  • LO3. understand what venture project stakeholders requires of them and what they can require of others
  • LO4. analyse the roles of engineers in creating productive, economic, successful venture projects in a variety of engineering projects
  • LO5. analyse the social, ethical and legal issues that arise from venture economic activities
  • LO6. understand the main operational requirements of a venture entrepreneur working in industry
  • LO7. understand the requirements of financial, supply chain, development team, marketing and production interfaces
  • LO8. understand the requirements of a quality system
  • LO9. identify and record the intellectual property content of their work
  • LO10. develop the ability to build and present a business plan for a technology idea.

Unit outlines

Unit outlines will be available 1 week before the first day of teaching for the relevant session.