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Unit of study_

MMGT6018: Innovation and Entrepreneurship

Intensive August, 2020 [Block mode] - Castlereagh St, Sydney

The objective of this unit is to provide students with an understanding of the process involved successfully engaging in innovation and entrepreneurship. This aim requires an interdisciplinary approach balancing innovation management and entrepreneurial processes. The unit addresses the role of innovation and opportunity recognition, business start-up and growth, developing resources, corporate entrepreneurship, and innovation in existing firms. The unit is built to develop knowledge, insights and skills to exploit opportunities and prepare students to launch a start-up or to drive innovation within an existing company. Insights from entrepreneurial practice and theory are integrated throughout the unit.

Unit details and rules

Unit code MMGT6018
Academic unit Management Education
Credit points 6
Prohibitions
? 
None
Prerequisites
? 
None
Corequisites
? 
None
Assumed knowledge
? 

None

Available to study abroad and exchange students

No

Teaching staff

Coordinator Andreas Rauch, andreas.rauch@sydney.edu.au
Type Description Weight Due Length
Assignment Assignment 1
Written report
30% Week 04
Due date: 18 Mar 2020 at 11:51

Closing date: 20 Mar 2020
2000 words
Outcomes assessed: LO1 LO2 LO3 LO4 LO5
Final exam Final exam
Written exam with MCQ
40% Week 07 2 hours
Outcomes assessed: LO1 LO5 LO4 LO3 LO2
Assignment group assignment Assignment 2
Written report
30% Week 08
Due date: 22 Apr 2020 at 11:48

Closing date: 24 Apr 2020
1000 words
Outcomes assessed: LO1 LO2 LO3 LO4 LO5
group assignment = group assignment ?

Assessment summary

  • Assignment 1:  The exam will combine MCQ with open questions.
  • Assignment 2: You analyse the life of one entrepreneur: Fred Smith. You do research concerning his life and learn interesting facts and opinions about him. There are rich sources of information available about him including biographical and autobiographical information. The aim is to understand what he achieved and why and to experience whether the topics discussed in class apply or not. What are your hypotheses? Your address: major achievements of the entrepreneur, critical incidents that the entrepreneur experienced as well as phases of stability. Additionally, you relate three topics discussed in class and apply them to the case.
  • Assignment 3: You will visit one entrepreneur. Conduct a structured interview. Find out who the entrepreneur is, what he/she does, how to come up with the idea, what was difficult, what was good etc. Transcribe the interview. You develop a report introducing the entrepreneur briefly and explain his/ her journey through the entrepreneurial process. You should reflect on at least three core topics discussed in the unit: Opportunity recognition, how to start, intentions to become an entrepreneur, customer value provided, strategy for growth. What is different, what is in line with what has been discussed in class?

Detailed information for each assessment can be found on Canvas.

Assessment criteria

The University awards common result grades, set out in the Coursework Policy 2014 (Schedule 1).

As a general guide, a high distinction indicates work of an exceptional standard, a distinction a very high standard, a credit a good standard, and a pass an acceptable standard.

Result name

Mark range

Description

High distinction

85 - 100

Awarded when you demonstrate the learning outcomes for the unit at an exceptional standard, as defined by grade descriptors or exemplars outlined by your faculty or school. 

Distinction

75 - 84

Awarded when you demonstrate the learning outcomes for the unit at a very high standard, as defined by grade descriptors or exemplars outlined by your faculty or school.

Credit

65 - 74

Awarded when you demonstrate the learning outcomes for the unit at a good standard, as defined by grade descriptors or exemplars outlined by your faculty or school.

Pass

50 - 64

Awarded when you demonstrate the learning outcomes for the unit at an acceptable standard, as defined by grade descriptors or exemplars outlined by your faculty or school. 

Fail

0 - 49

When you don’t meet the learning outcomes of the unit to a satisfactory standard.

For more information see sydney.edu.au/students/guide-to-grades.

For more information see guide to grades.

Late submission

In accordance with University policy, these penalties apply when written work is submitted after 11:59pm on the due date:

  • Deduction of 5% of the maximum mark for each calendar day after the due date.
  • After ten calendar days late, a mark of zero will be awarded.

Academic integrity

The Current Student website  provides information on academic integrity and the resources available to all students. The University expects students and staff to act ethically and honestly and will treat all allegations of academic integrity breaches seriously.  

We use similarity detection software to detect potential instances of plagiarism or other forms of academic integrity breach. If such matches indicate evidence of plagiarism or other forms of academic integrity breaches, your teacher is required to report your work for further investigation.

You may only use artificial intelligence and writing assistance tools in assessment tasks if you are permitted to by your unit coordinator, and if you do use them, you must also acknowledge this in your work, either in a footnote or an acknowledgement section.

Studiosity is permitted for postgraduate units unless otherwise indicated by the unit coordinator. The use of this service must be acknowledged in your submission.

Simple extensions

If you encounter a problem submitting your work on time, you may be able to apply for an extension of five calendar days through a simple extension.  The application process will be different depending on the type of assessment and extensions cannot be granted for some assessment types like exams.

Special consideration

If exceptional circumstances mean you can’t complete an assessment, you need consideration for a longer period of time, or if you have essential commitments which impact your performance in an assessment, you may be eligible for special consideration or special arrangements.

Special consideration applications will not be affected by a simple extension application.

Using AI responsibly

Co-created with students, AI in Education includes lots of helpful examples of how students use generative AI tools to support their learning. It explains how generative AI works, the different tools available and how to use them responsibly and productively.

WK Topic Learning activity Learning outcomes
Week 01 Who is an entrepreneur? Innovation and opportunity recognition Block teaching (8 hr) LO1 LO2
Week 02 Transforming ideas into reality Block teaching (8 hr) LO1 LO3 LO4
Week 03 Business start up and growth Block teaching (8 hr) LO1 LO3 LO4 LO5
Week 04 Developing resources Block teaching (8 hr) LO1 LO2 LO3
Week 05 Corporate entrepreneurship and innovation in existing forms Block teaching (8 hr) LO4 LO5

Study commitment

Typically, there is a minimum expectation of 1.5-2 hours of student effort per week per credit point for units of study offered over a full semester. For a 6 credit point unit, this equates to roughly 120-150 hours of student effort in total.

Required readings

All readings for this unit can be accessed through the Library eReserve, available on Canvas.

Learning outcomes are what students know, understand and are able to do on completion of a unit of study. They are aligned with the University's graduate qualities and are assessed as part of the curriculum.

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

  • LO1. have an understanding of the process involved successfully engaging in innovation and entrepreneurship
  • LO2. develop knowledge, insights and skills to exploit opportunities
  • LO3. launch a start-up or to drive innovation within an existing company
  • LO4. work in an interdisciplinary team
  • LO5. evaluate business model performance.

Graduate qualities

The graduate qualities are the qualities and skills that all University of Sydney graduates must demonstrate on successful completion of an award course. As a future Sydney graduate, the set of qualities have been designed to equip you for the contemporary world.

GQ1 Depth of disciplinary expertise

Deep disciplinary expertise is the ability to integrate and rigorously apply knowledge, understanding and skills of a recognised discipline defined by scholarly activity, as well as familiarity with evolving practice of the discipline.

GQ2 Critical thinking and problem solving

Critical thinking and problem solving are the questioning of ideas, evidence and assumptions in order to propose and evaluate hypotheses or alternative arguments before formulating a conclusion or a solution to an identified problem.

GQ3 Oral and written communication

Effective communication, in both oral and written form, is the clear exchange of meaning in a manner that is appropriate to audience and context.

GQ4 Information and digital literacy

Information and digital literacy is the ability to locate, interpret, evaluate, manage, adapt, integrate, create and convey information using appropriate resources, tools and strategies.

GQ5 Inventiveness

Generating novel ideas and solutions.

GQ6 Cultural competence

Cultural Competence is the ability to actively, ethically, respectfully, and successfully engage across and between cultures. In the Australian context, this includes and celebrates Aboriginal and Torres Strait Islander cultures, knowledge systems, and a mature understanding of contemporary issues.

GQ7 Interdisciplinary effectiveness

Interdisciplinary effectiveness is the integration and synthesis of multiple viewpoints and practices, working effectively across disciplinary boundaries.

GQ8 Integrated professional, ethical, and personal identity

An integrated professional, ethical and personal identity is understanding the interaction between one’s personal and professional selves in an ethical context.

GQ9 Influence

Engaging others in a process, idea or vision.

Outcome map

Learning outcomes Graduate qualities
GQ1 GQ2 GQ3 GQ4 GQ5 GQ6 GQ7 GQ8 GQ9

This section outlines changes made to this unit following staff and student reviews.

This is the first time this unit has been offered.

More information can be found on Canvas.

Disclaimer

The University reserves the right to amend units of study or no longer offer certain units, including where there are low enrolment numbers.

To help you understand common terms that we use at the University, we offer an online glossary.