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Module

BUS3000 : Enterprise and Entrepreneurship with Lean Innovation

  • Offered for Year: 2020/21
  • Module Leader(s): Dr Karen Elliott
  • Demonstrator: Dr Andreas Giazitzoglu, Dr Eftychia Palamida
  • Owning School: Newcastle University Business School
  • Teaching Location: Newcastle City Campus
Semesters
Semester 1 Credit Value: 10
Semester 2 Credit Value: 10
ECTS Credits: 10.0

Aims

Students are expected to gain deeper insight and learning experience about small business start-up and growth whilst participating in the module. As such, they will be exposed to the types of experience involved in creating and setting up an online business start-up within a fast-moving technological environment and they will be involved in the practical application of tools to develop a business idea. The module focuses on contemporary theory as an applied field and takes a social constructivism approach to enable students to develop a flexible mind-set as part of the entrepreneurial journey. This will build on the need for the development of theory into practice and ‘learning by doing’ in a fast-moving digital environment.

Furthermore, the module aims to introduce students to business innovation in the search and execution of the business idea, hence, the module involves lean start-up theory. Students will develop their skills to reflect upon their own entrepreneurial journey and forms part of the assessment. Likewise, the aim is for students to develop an array of business innovation and entrepreneurial skills along with global graduate attributes in developing their business acumen and further supporting the development of creativity and innovation; independent thinking; autonomous decision-making; group dynamics; adaptability; appreciation of change and risk; and reflective practice as part their entrepreneurial journey.

Outline Of Syllabus

SEMESTER 1 Topics*:
• The Contemporary Business Context – The Changing Dynamic Enterprise;
• The Entrepreneurial Opportunity and Creativity;
• Market Research as a Tool and Customer Feedback;
• Lean Start-up and Customer Development;
• Lean and The Business model;
• Reading/Research;
• The Brand;
• Reflective Practice and the Entrepreneurial Journey;
• Networking, Communication, Pitching and the Entrepreneur;
*Plus guest speakers

SEMESTER 2 Topics:
• The Enterprise: Grow, Develop and Change;
• Value Proposition;
• Strategic Assessment and Market Position;
• The Web Infrastructure (Online Blended learning plus set activity);
• Practical Activity (Continued Online Blended Learning);
• Leadership, the Enterprise and the Entrepreneur;
• Types of Working Environment: Co-working, Community and Hubs;
• Finance Raising, Stages of Growth;
• Legal Context: Legal Protection and Intellectual Property.

Teaching Methods

Please note that module leaders are reviewing the module teaching and assessment methods for Semester 2 modules, in light of the Covid-19 restrictions. There may also be a few further changes to Semester 1 modules. Final information will be available by the end of August 2020 in for Semester 1 modules and the end of October 2020 for Semester 2 modules.

Teaching Activities
Category Activity Number Length Student Hours Comment
Structured Guided LearningLecture materials182:0036:00Sem 1 (9), Sem 2 (9). Online
Guided Independent StudyAssessment preparation and completion150:0050:00N/A
Guided Independent StudyDirected research and reading150:0050:00N/A
Scheduled Learning And Teaching ActivitiesSmall group teaching91:009:00Sem 1 (4) and Sem 2 (5). Online.
Scheduled Learning And Teaching ActivitiesDrop-in/surgery51:005:00Synchronous, online - Q&A
Guided Independent StudyIndependent study150:0050:00N/A
Total200:00
Jointly Taught With
Code Title
BUS3343Enterprise and Entrepreneurship (Erasmus Study Abroad Sem 1)
Teaching Rationale And Relationship

The workshops are informed by group activity; exercises; mapping exercises; seminars; lectures; interactions and guest speakers within the classroom environment. This will facilitate further consultation/discussion with the tutor. Students will be learning new and innovative theories, whilst ‘learning by doing’ through activities. The second semester supports two practical sessions via online blended learning. Where possible speakers will all be used to introduce the students to current ideas around enterprise development. Reflective management practice will underpin the student entrepreneurial journey.

Assessment Methods

Please note that module leaders are reviewing the module teaching and assessment methods for Semester 2 modules, in light of the Covid-19 restrictions. There may also be a few further changes to Semester 1 modules. Final information will be available by the end of August 2020 in for Semester 1 modules and the end of October 2020 for Semester 2 modules.

The format of resits will be determined by the Board of Examiners

Other Assessment
Description Semester When Set Percentage Comment
Report2M100Individual Reflective Report 4,000 words
Formative Assessments
Description Semester When Set Comment
Prob solv exercises2MEntrepreneurial Cognition tests, developmental work on agile/growth ‘mindset’ supported through both academic and peer engagement
Assessment Rationale And Relationship

The entrepreneurial project includes project-based learning activity and enables students to ‘learn by doing’ (e.g., practical work during the module including problem-based learning and the development of a business idea). Thus, this approach encourages students to engage in (a) entrepreneurial behaviour, (b) the entrepreneurial process and (c) the student’s self-knowledge of their own competences in relation to carrying out entrepreneurial processes. Specifically, focusing on learning by doing; project learning; problem-based and action learning.

An individual reflective report supported by the online journal will enable the students to reflect upon their new learning and activity as part of the learning journey across the year. In short, the module encourages reflective and reflexive learning, promoting the use of the online journal and the Canvas web-platform.

Students will be exposed to a process that encourages the challenge of critical thinking, innovation and creativity; primary and secondary research, active learning, problem-solving; self-awareness; action-planning; initiative; communication skills; application of commercial acumen and global awareness. As such, students acquire global graduate skills.

Reading Lists

Timetable