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DEGREE REGULATIONS & PROGRAMMES OF STUDY 2013/2014
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DRPS : Course Catalogue : Business School : Business Studies

Undergraduate Course: Entrepreneurship: Ideas, Opportunities and Organisations (BUST08020)

Course Outline
SchoolBusiness School CollegeCollege of Humanities and Social Science
Course typeStandard AvailabilityNot available to visiting students
Credit level (Normal year taken)SCQF Level 8 (Year 1 Undergraduate) Credits20
Home subject areaBusiness Studies Other subject areaNone
Course website None Taught in Gaelic?No
Course descriptionThe primary objective of this course is to demonstrate and understand that exploiting a new opportunity is a process that can be planned, resourced, and managed. To start a successful business, an entrepreneur must exercise motivation as well as enterprising and managerial skills. He or she requires access to resources to grow the business; not just investment but social resources as well. Overall success is not just related to the nature of market opportunities but to the entrepreneurial and managerial motivations and skills of the entrepreneur.

Students will develop knowledge and understanding associated with entrepreneurship theories, concepts and frameworks. These will primarily be linked to opportunity recognition and exploitation, but will also address entrepreneurship as a phenomenon that occurs in a variety of organisational contexts and extends beyond profit-maximization as primary motivating factor.

The course focuses on:
- Increasing awareness of entrepreneurial activity in a variety of contexts
- Improving understanding of the idiosyncracies and nuances of entrepreneurial process, characteristics, and outcomes
- Developing critical assessment skills associated with entrepreneurial functions and
- Encouraging a positive attitude towards the creation of economic value as well as intrinsic motivation for change agency and social impact
- The course supports values associated with economic value creation within a socially responsible framework.

Entry Requirements (not applicable to Visiting Students)
Pre-requisites Co-requisites
Prohibited Combinations Students MUST NOT also be taking Innovation and Entrepreneurship (BUST08015)
Other requirements None
Additional Costs None
Course Delivery Information
Not being delivered
Summary of Intended Learning Outcomes
The learning outcomes focus on encouraging student learning of concepts and frameworks rather than developing entrepreneurship-specific skills or deep mastery of theory.

Knowledge and Understanding:
After completing this course, students should be able to:
Identify entrepreneurial contexts
Identify entrepreneurial characteristics, and reflect on their own interest in entrepreneurial activity
Identify an opportunity, research basic aspects of the opportunity and market, and present a simple plan for its exploitation
Prepare a written opportunity assessment

Cognitive Skills:
Students participating in the course should improve:
Scholarship and desk research skills;
Assimilation, communication and presentation of critical evaluations of relevant sources of information; and
The application of entrepreneurial concepts to real world organizations and opportunities.

Subject Specific Skills:
After completing this course, students should be able to:
Reflect upon frameworks and concepts underpinning entrepreneurship;
Understand the relationship between entrepreneurship and value creation and the unique role of the entrepreneurial manager in driving innovation and growth;
Work both independently and in a team-based environment to assess an opportunity and propose ways it could be exploited
Employ a theoretical framework in analyzing a new business venture opportunity
Cooperate in team environments
Although not required or assessed, students will have the opportunity to:
Build interpersonal skills in networking and negotiations
Develop their professional writing and communication skills
Develop team-based leadership skills
Assessment Information
Group project-based opportunity assessment (40%), including peer evaluation (5-10%); examination 60%.
Special Arrangements
This course is NOT available to students who are studying Business as part of their degree programme
Additional Information
Academic description Not entered
Syllabus Not entered
Transferable skills Not entered
Reading list Not entered
Study Abroad Not entered
Study Pattern Not entered
KeywordsNot entered
Contacts
Course organiserMr Adam Bock
Tel: (0131 6)50 8246
Email: Adam.J.Bock@ed.ac.uk
Course secretaryMiss Anne Cunningham
Tel: (0131 6)50 3827
Email: Anne.Cunningham@ed.ac.uk
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