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DRPS : Course Catalogue : Business School : Business Studies

Undergraduate Course: Fundamentals of Innovation-Driven Entrepreneurship (BUST08024)

Course Outline
SchoolBusiness School CollegeCollege of Humanities and Social Science
Credit level (Normal year taken)SCQF Level 8 (Year 1 Undergraduate) AvailabilityNot available to visiting students
SCQF Credits20 ECTS Credits10
SummaryThis introduction to entrepreneurship provides a fully-online enabled curriculum for students to explore entrepreneurship as a subject of study and as a practice. The course relies on video presentations, speaker events, and traditional content. There are no physical lectures.

Students work independently to learn about entrepreneurship theory. Students work in a group to evaluate an innovative opportunity. The course provides students a "sandpit" to explore the early stages of entrepreneurship.

The 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.
Course description Not entered
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Co-requisites
Prohibited Combinations Students MUST NOT also be taking Introduction to Entrepreneurship (BUST08023) OR Innovation and Entrepreneurship (BUST08015)
Other requirements None
Course Delivery Information
Academic year 2014/15, Not available to visiting students (SS1) Quota:  None
Course Start Semester 2
Timetable Timetable
Learning and Teaching activities (Further Info) Total Hours: 200 ( Lecture Hours 20, Seminar/Tutorial Hours 8, Summative Assessment Hours 2, Programme Level Learning and Teaching Hours 4, Directed Learning and Independent Learning Hours 166 )
Assessment (Further Info) Written Exam 60 %, Coursework 40 %, Practical Exam 0 %
Additional Information (Assessment) Group project-based opportunity assessment 2500-3500 words (40%), including peer evaluation (5-10%); examination 60%.
Feedback Not entered
Exam Information
Exam Diet Paper Name Hours & Minutes
Main Exam Diet S2 (April/May)3:00
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
Reading List
Additional Information
Course URL
Graduate Attributes and Skills Not entered
Special Arrangements This course is NOT available to students who are studying Business as part of their degree programme.
KeywordsNot entered
Course organiserMr Adam Bock
Tel: (0131 6)50 8246
Course secretaryMiss Anne Cunningham
Tel: (0131 6)50 3827
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