Innovation & Entrepreneurship for New Business Models
Essex Business School
Postgraduate: Level 7
Monday 20 April 2020
Friday 26 June 2020
10 October 2019
Requisites for this module
MBA N20012 The Essex MBA,
MBA N20E24 The Essex Executive MBA,
MBA N20E36 The Essex Executive MBA
This advanced 10 credit module provides students with the frameworks and the skills to lead innovative projects and ventures within an organisational setting and a critical understanding of economic, sociological, psychological and managerial theories of enterprise creation and development and their application in the world of business. The focus is on the formation of new ventures, product/process/service/business model innovation, and their impact on economic and social development in different environments.
This module provides the necessary theoretical framework for the study and the practice of entrepreneurship, defined as new venture creation and innovative growth relating to different types of organisations and environments. The module will provide the critical, theoretical underpinning for the study and investigation of enterprise development and the three critical components of entrepreneurship:
• Entrepreneurial People;
• Entrepreneurial Organisations; and
• Entrepreneurial Environments
It will also provide insights into and models for the practice of entrepreneurship and innovation in different organisational and economic environments.
On successful completion of this module, students should be able to:
• 1. demonstrate a critical understanding of different theoretical approaches to small business and new venture creation, growth and maturity in different spatial contexts;
• 2. explain conceptual issues on entrepreneurship and its links with innovation clearly and concisely and how these concepts help us better understand economic and social development;
• 3. evaluate and explain the relationship between different types of new ventures, as in new small firms, corporate entrepreneurship, new ventures within public and not-for-profit organisations in different countries, and develop relevant business models for their growth;
• 4. develop realistic ideas for engaging with new business creation and growth in different environments;
• 5. Identify opportunities for, and develop an innovative venture or project within an organisational setting.
Theories and Concepts
- The economics of entrepreneurship and innovation - entrepreneurship, enterprise, invention, discovery and innovation – social and economic perspectives
- Sociological explanations of new venture creation and growth;
- Entrepreneurial typologies and forms, and the psychology of entrepreneurship;
- Entrepreneurship and the Innovation process – new products, new processes, new business models and new organisations;
- - Entrepreneurial organisations: new firms, small firms, medium sized firms, large firms, networked firms, social enterprises
- Entrepreneurship and innovation in the global economy.
- Entrepreneurship and Economic and Social Development
Application of theories and concepts to policy making, organisational design and strategy, and community and individual development. Application of the Business Models Canvas to the development of new ventures
The following learning and teaching methods will be used to inform the pedagogic structure of the module:
Lectures; Seminars; Discussion of case studies; Discussion of journal articles;
Class exercises; Group based project work; Tutorials; Signposting to other support
Self-study to develop individual and group action plans (including immersion activities, seminars and workshops); contact hours – 30
Details will be available in the Module Outline and on Moodle.
This module does not appear to have a published bibliography.
Assessment items, weightings and deadlines
|Coursework / exam
||Individual Learning Journal
||Individual Work based Project report
Module supervisor and teaching staff
No external examiner information available for this module.
Available via Moodle
Of 30 hours, 30 (100%) hours available to students:
0 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).
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