EG311-6-FY-CO:
Innovation and Entrepreneurship
2024/25
Edge Hotel School
Colchester Campus
Full Year
Undergraduate: Level 6
Current
Thursday 03 October 2024
Friday 27 June 2025
15
25 March 2024
Requisites for this module
(none)
(none)
(none)
(none)
(none)
BA N863JD Hotel Management,
BA N863OS Hotel Management,
BA NV62JS Hotel Management,
BA N8N6 Events Management with Hospitality,
BA N8N7 Events Management with Hospitality
The aim of this module is to develop your awareness of entrepreneurship and innovation so that you have an awareness of the knowledge and skills needed to start a business in the hospitality and event industry.
You will be expected to create an innovative business plan considering all relevant constraints and describe actions to comply with these. The plan will be expected to show how the business will be sustained and contingencies if targets are not met and options for expansion. This must be justified using valid and reliable research.
The aims of this module are to enable students to:
Understand and apply the business start up process and the role of innovation in gaining entry to a market as well as gaining a competitive advantage:
New business start up process;
Projected Profit and loss, cash flow and balance sheets;
Changing technological environment of business and its implications;
Innovation theory;
Management of innovation;
Re-engineering businesses;
Competitive advantage.
Critically evaluate the market environment and financial projections for the new business compared to hospitality and event industry benchmarks:
Competitor analysis;
Environmental impact / trends;
Creating financial projections.
Construct a business plan that sets out the structure, funding, profitability and marketing of the business:
Business plan development;
Profitability ROI;
Organizational structure;
Cost control;
Marketing planning.
By the end of this module, students will be expected to be able to:
- Understand and apply the business start up process and the role of innovation in gaining entry to a market as well as gaining a competitive advantage.
- Critically evaluate the market environment and financial projections for the new business compared to hospitality and event industry benchmarks.
- Construct a business plan that sets out the structure, funding, profitability and marketing of the business.
No additional information available.
Learning and teaching will take the shape of classroom-based lectures and seminars where Wivenhoe House will be used to contextualize theory and illustrate practice. Self-managed learning will supplement seminars where you will be provided with guidance on required reading and online learning resources.
This module does not appear to have a published bibliography for this year.
Assessment items, weightings and deadlines
| Coursework / exam |
Description |
Deadline |
Coursework weighting |
Exam format definitions
- Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
- In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
- In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
- In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary,
for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.
Your department will provide further guidance before your exams.
Overall assessment
Reassessment
Module supervisor and teaching staff
Adrian Martin
Edge Hotel School, ehs@essex.ac.uk
No
No
No
No external examiner information available for this module.
Available via Moodle
No lecture recording information available for this module.
Edge Hotel School
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