BUS3049 : Entrepreneurship: New Venture Creation (Inactive)

Semester 1 Credit Value: 10
Semester 2 Credit Value: 10
ECTS Credits: 10.0


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 their own 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 whilst working as part of a group project team. 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, and as such, the module involves the lean startup theory. Moreover, the students will develop the skill to reflect upon their own entrepreneurial journey and this will be part of the assessment. Added to this, the aim is for students’ to develop an array of business innovation and entrepreneurial skills in order to develop their business acumen and this will further support 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

•       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( GOOB week)
•       Marketing, Sales and the Brand
•       Reflective Practice and the Entrepreneurial Journey
•       Networking, Communication, the Pitch and the Entrepreneur
•       Group Presentation - Validation
*Plus guest speakers

•       The Enterprise: Grow, Develop and Change
•       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
•       Group Presentations

Teaching Methods

Teaching Activities
Category Activity Number Length Student Hours Comment
Guided Independent StudyAssessment preparation and completion160:0060:00N/A
Guided Independent StudyDirected research and reading150:0050:00N/A
Scheduled Learning And Teaching ActivitiesSmall group teaching22:004:00N/A
Scheduled Learning And Teaching ActivitiesWorkshops142:0028:00N/A
Scheduled Learning And Teaching ActivitiesWorkshops23:006:00N/A
Scheduled Learning And Teaching ActivitiesWorkshops21:002:00N/A
Guided Independent StudyIndependent study150:0050:00N/A
Jointly Taught With
Code Title
BUS3346Entrepreneurship: New Venture Creation (EraSA S1)
Teaching Rationale And Relationship

The workshops are informed by group activity; exercises; mapping exercises; seminars; lectures; interactions; guest speakers and student small group project work with the classroom environment. This will facilitate further consultation/discussion with the tutor and support creative group dynamics. As such students will be learning new and innovative theories, whilst at the same time applying theory by learning by doing through group project activity. The second semester supports two practical sessions via online blended learning. Guest speakers will all be used to introduce the students to current ideas around enterprise development in both semesters in order to widen student understanding within a real world context. Reflective management practice will underpin the student entrepreneurial journey.

Assessment Methods

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

Other Assessment
Description Semester When Set Percentage Comment
Prof skill assessmnt1M20Group Project/Presentation (Search)
Prof skill assessmnt2M25Group Project & Presentation (Execute)
Report2M55Individual Reflective Report 2,000 words (making best use of their own individual online journal)
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 the students learn by doing in terms of (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. There is a particular focus on learning by doing; project learning; problem-based learning and action learning. The group project presentations enable the students to develop their own business idea opportunity and develop it across the year.

An individual reflective essay report , supported by the online journal will enable the students to reflect upon their new learning and group project activity as part of the learning journey across the year. As such the module encourages reflective learning and utilizing journals and online group web-platforms.

Students will be exposed to a process that will encourage critical thinking, innovation and creativity; research, active learning, problem-solving; self-awareness; action-planning; initiative; communication skills; team-work and relationship building; application of commercial acumen; global awareness.

Reading Lists