Entrepreneurship and innovation are increasingly important in all areas of business and government. Entrepreneurial start-ups galvanise the economy by identifying new opportunities and redirecting resources to them. Established firms innovate in order to outmanoeuvre or respond to their competition. And in the public sector, the need for effective policies to deal with new challenges and for increasing service delivery with declining budgets also places a premium on innovative thinking. The course focuses on the skills necessary for the planning, development and launch of entrepreneurial and innovative ventures. The material covered includes the foundations of entrepreneurship, techniques for creative thinking, and processes for developing, planning and launching a new venture including protecting intellectual property, evaluating markets, developing innovative business models, budgeting, and raising finance. The major piece of assessment is the writing of a comprehensive business plan.

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Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

1. Define, explain and illustrate theories of business innovation and entrepreneurship, the evolution of industries and economies, and the roles of entrepreneurs;
2. Develop a comprehensive and well structured business plan for a new venture;
3. Present a persuasive business plan to potential investors or to internal stakeholders and effectively answer probing questions on the substance of the plan; and,
4. Work effectively in multidisciplinary, cross-cultural teams, communicating, negotiating and contributing shared contributions towards the development of a team project.

Research-Led Teaching

The content of this course builds upon scientific evidence, to the extent that research has utility for practice. The course aims to offer students an understanding of innovation and entrepreneurship, offering a variety of evidence-based tools and techniques for innovation and entrepreneurship. The seminar content will present problems that will be explored using a variety of scholarly materials to foster critical thinking and applied learning.

Field Trips

There are no field trips in this course.

Additional Course Costs

There are no additional class costs expected in this course.

Examination Material or equipment

No final exam.

Required Resources

Weekly online pre-reading material will be provided through the Wattle course site.

Recommended Resources

A list of recommended readings will be provided through the Wattle course site and will be available online (except in limited circumstances where hardcopy only exists).

Staff Feedback

Students will be given feedback in the following forms in this course:

• Written comments
• Verbal comments
• Feedback to the whole class, to groups, to individuals, focus groups

Student Feedback

ANU is committed to the demonstration of educational excellence and regularly seeks feedback from students. Students are encouraged to offer feedback directly to their Course Convener or through their College and Course representatives (if applicable). The feedback given in these surveys is anonymous and provides the Colleges, University Education Committee and Academic Board with opportunities to recognise excellent teaching, and opportunities for improvement. The Surveys and Evaluation website provides more information on student surveys at ANU and reports on the feedback provided on ANU courses.

Other Information

The use of AI such as ChatGPT to generate an essay or report or written assignment is not allowed as it is akin to plagiarism. Students are required to demonstrate achievement of critical, analytical and synthesis skills in high quality works. 

 

Class Schedule

Week/Session	Summary of Activities	Assessment
1	Introduction to Entrepreneurship and Innovation
2	Foundations of EntrepreneurshipKey concepts and theories
3	Foundations of Entrepreneurship IIKey concepts and theories
4	Foundations of Innovation IKey concepts and theories	Assessment 1: In-class Quiz
5	Foundations of Innovation IIKey concepts and theories
6	Business Models - OverviewGroup assignment preparation (Assignment 2)	Assignment 2: Business Model Canvas DRAFT submission (Wattle)
7	Business Model Canvas IKey Concepts, Group assignment preparation (Assignment 3)	Assessment 3: In-class Quiz
8	Business Model Canvas IIPractice and application, Group assignment preparation (Assignment 3)
9	BMC Final Presentations In-class group assignment presentation	Assessment 4: In-class BMC Final Presentations (group assignment), students are allocated to their group in week 2
10	BMC Final Presentations In-class group assignment presentation	Assessment 4: In-class BMC Final Presentations (group assignment), students are allocated to their group in week 2
11	BMC Final Presentations In-class group assignment presentation	Assessment 4: In-class BMC Final Presentations (group assignment), students are allocated to their group in week 2
12	Summary and wrap-up of the semester	Examination Period: Assessment 5 - Individual Video: Online Submission on Wattle

Tutorial Registration

There are no separate tutorials for this course. This is a 3-hr Seminar. No extra signup for tutorials is required. Mode of teaching for the 3-hr Seminar includes: lectures, interactive in-class activities, participation in class. Extra material (e.g. readings and other resources) will be uploaded onto Wattle. Tutorial guidance by the teaching team, will be provided during the 3-hr Seminar. More information will be provided during the in-class Seminars.

Assessment Summary

Assessment task	Value	Due Date	Return of assessment	Learning Outcomes
In-class quiz, week 4	20 %	*	16/08/2024	1
Team work agreement, week 6	5 %	30/08/2024	13/09/2024	2,4
In-class quiz, week 7	20 %	*	20/09/2024	1
In-class BMC presentation, various weeks	25 %	*	*	3,4
Video production assignment, examination period	30 %	31/10/2024	28/11/2024	1

* If the Due Date and Return of Assessment date are blank, see the Assessment Tab for specific Assessment Task details

Policies

ANU has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University’s academic standards, and implement them. Students are expected to have read the Academic Misconduct Rule before the commencement of their course. Other key policies and guidelines include:

• Student Assessment (Coursework) Policy and Procedure
• Special Assessment Consideration Policy and General Information
• Student Surveys and Evaluations
• Deferred Examinations
• Student Complaint Resolution Policy and Procedure

Assessment Requirements

The ANU is using Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. For additional information regarding Turnitin please visit the ANU Online website Students may choose not to submit assessment items through Turnitin. In this instance you will be required to submit, alongside the assessment item itself, hard copies of all references included in the assessment item.

Moderation of Assessment

Marks that are allocated during Semester are to be considered provisional until formalised by the College examiners meeting at the end of each Semester. If appropriate, some moderation of marks might be applied prior to final results being released.

Participation

The are no participation requirements; however attendance at seminars is expected in line with "code of Practice for Teaching and Learning", clause 2 paragraph (b).

Examination(s)

The is no exam in this class.

Assessment Task 1

In-class quiz, week 4

Weighting: 20%

Assessment type: individual assignment.

Description: this assignment is an in-class quiz and will be conducted during class, closed book, via Wattle. Students need to bring their computers to access the quiz.

Duration: 1 hour, in-class.

Submission: online, on Wattle.

Submission date: the quiz will be accessed via Wattle in week 4, during class. Students need to attend class, to gain access to the quiz.

Return of assessment: students will receive feedback on Wattle by the end of week 4.

Late submissions: late submissions cannot be accepted for this in-class quiz. If you are unable to submit on time you should apply for an extension via the link provided on the course Wattle site.

Assessment Task 2

Team work agreement, week 6

Weighting: 5%

Assessment type: group assignment.

Description: you are required to develop a team work agreement that determines the roles and responsibilities of each team member to develop the BMC presentation (Assignment 4). Groups will be allocated in week 2.

Submission: online, on Wattle

Submission date: week 6, Friday 30th Aug, 9am

Return of assessment: you will receive feedback on Wattle during the teaching break (before commencement of week 7)

Marking criteria: marking criteria will be made available on the course Wattle site.

Word count and submission requirements:

500 words (+/- 10% tolerance)

Penalties for exceeding the word limit will be applied as follows:

10%-15% words above or below word limit (– 5% off) of the assignment value

15%-20% words above or below word limit (– 10% off) of the assignment value

>20% words excess (- 20% off) of the assignment value

Students are welcome to make responsible and critical use of AI such as ChatGPT to develop ideas for this written assignment; e.g. and obtain ideas about team roles and professional project management. However, you are expected to critically assess the AI-generated content and demonstrate your own critical, analytical and professional organising skills to complete this team work. More information will be provided during class.

Late submission: late submission cannot be accepted for this assignment. If you are unable to submit on time you should apply for an extension via the link provided on the course Wattle site.

Assessment Task 3

In-class quiz, week 7

Weighting: 20%

Assessment type: individual assignment.

Description: this assignment is an in-class quiz and will be conducted during class, closed book, via Wattle. Students need to bring their computers to access the quiz.

Duration: 1 hour, in-class

Submission: online, on Wattle

Submission date: the quiz will be accessed via Wattle in week 7, during class. Students need to attend class, to gain access to the quiz.

Return of assessment: students will receive feedback on Wattle by the end of week 7

Late submissions: late submissions cannot be accepted for this in-class quiz. If you are unable to submit on time you should apply for an extension via the link provided on the course Wattle site.

Assessment Task 4

In-class BMC presentation, various weeks

Weighting: 25%

Assessment type: group assignment

Duration: 15-20 min group presentation, in-class

Due date: weeks 9,10,11 in-class, various groups

Return of assessment: students will receive feedback on Wattle by the end of week 12

Description: students are requested to develop a BMC presentation as part of a group. More information will be provided throughout the seminars. Groups will be allocated in week 2. Presentations will be recorded for review purposes.

Marking criteria: marking criteria will be made available on the course Wattle site

Late submission: late submission cannot be accepted for this in-class assignment. If you are unable to submit on time you should apply for an extension via the link provided on the course Wattle site

Assessment Task 5

Video production assignment, examination period

Weighting: 30%

Description: students are requested to produce an individual video. More information will be provided through the course.

Assessment type: individual assignment

Duration: 2-3 min

Marking criteria: marking criteria will be made available on the course Wattle site.

Submission: on Wattle

Due date: Thursday, 31th Oct 2024, 9 am (Examination Period)

Return of assessment: students will receive feedback on Wattle with return of grades, 28th Nov 2024

Late Submission: you will receive a penalty of 5% for late submission per working day or part thereof. If you are unable to submit on time you should apply for an extension via the link provided on the course Wattle site.

Academic Integrity

Academic integrity is a core part of our culture as a community of scholars. At its heart, academic integrity is about behaving ethically. This means that all members of the community commit to honest and responsible scholarly practice and to upholding these values with respect and fairness. The Australian National University commits to embedding the values of academic integrity in our teaching and learning. We ensure that all members of our community understand how to engage in academic work in ways that are consistent with, and actively support academic integrity. The ANU expects staff and students to uphold high standards of academic integrity and act ethically and honestly, to ensure the quality and value of the qualification that you will graduate with. The University has policies and procedures in place to promote academic integrity and manage academic misconduct. Visit the following Academic honesty & plagiarism website for more information about academic integrity and what the ANU considers academic misconduct. The ANU offers a number of services to assist students with their assignments, examinations, and other learning activities. The Academic Skills and Learning Centre offers a number of workshops and seminars that you may find useful for your studies.

Online Submission

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

Hardcopy Submission

For some forms of assessment (hand written assignments, art works, laboratory notes, etc.) hard copy submission is appropriate when approved by the Associate Dean (Education). Hard copy submissions must utilise the Assignment Cover Sheet. Please keep a copy of tasks completed for your records.

Late Submission

Late submission of assessment tasks without an extension are penalised at the rate of 5% of the possible marks available per working day or part thereof. Late submission of assessment tasks is not accepted after 10 working days after the due date, or on or after the date specified in the course outline for the return of the assessment item. Late submission is not accepted for take-home examinations.

All requests for extensions to assessment in RSM courses must be submitted through the CBE extension request portal: CBE Assessment Extension Request Form. Further information on this process can be found at https://rsm.anu.edu.au/study/students/extension-application-procedure

Referencing Requirements

Accepted academic practice for referencing sources that you use in presentations can be found via the links on the Wattle site, under the file named “ANU and College Policies, Program Information, Student Support Services and Assessment”. Alternatively, you can seek help through the Students Learning Development website.

Returning Assignments

All assignments will be marked and where appropriate feedback will be provided either: in class, or in person by appointment with the course lecturer, or via the course Wattle site.

Extensions and Penalties

Extensions and late submission of assessment pieces are covered by the Student Assessment (Coursework) Policy and Procedure The Course Convener may grant extensions for assessment pieces that are not examinations or take-home examinations. If you need an extension, you must request an extension in writing on or before the due date. If you have documented and appropriate medical evidence that demonstrates you were not able to request an extension on or before the due date, you may be able to request it after the due date.

Resubmission of Assignments

You are allowed to resubmit your assignments before the specific deadlines where specified for each assessment item.

Privacy Notice

The ANU has made a number of third party, online, databases available for students to use. Use of each online database is conditional on student end users first agreeing to the database licensor’s terms of service and/or privacy policy. Students should read these carefully. In some cases student end users will be required to register an account with the database licensor and submit personal information, including their: first name; last name; ANU email address; and other information. In cases where student end users are asked to submit ‘content’ to a database, such as an assignment or short answers, the database licensor may only use the student’s ‘content’ in accordance with the terms of service — including any (copyright) licence the student grants to the database licensor. Any personal information or content a student submits may be stored by the licensor, potentially offshore, and will be used to process the database service in accordance with the licensors terms of service and/or privacy policy. If any student chooses not to agree to the database licensor’s terms of service or privacy policy, the student will not be able to access and use the database. In these circumstances students should contact their lecturer to enquire about alternative arrangements that are available.

Distribution of grades policy

Academic Quality Assurance Committee monitors the performance of students, including attrition, further study and employment rates and grade distribution, and College reports on quality assurance processes for assessment activities, including alignment with national and international disciplinary and interdisciplinary standards, as well as qualification type learning outcomes. Since first semester 1994, ANU uses a grading scale for all courses. This grading scale is used by all academic areas of the University.

Support for students

The University offers students support through several different services. You may contact the services listed below directly or seek advice from your Course Convener, Student Administrators, or your College and Course representatives (if applicable).

• ANU Health, safety & wellbeing for medical services, counselling, mental health and spiritual support
• ANU Diversity and inclusion for students with a disability or ongoing or chronic illness
• ANU Dean of Students for confidential, impartial advice and help to resolve problems between students and the academic or administrative areas of the University
• ANU Academic Skills and Learning Centre supports you make your own decisions about how you learn and manage your workload.
• ANU Counselling Centre promotes, supports and enhances mental health and wellbeing within the University student community.
• ANUSA supports and represents undergraduate and ANU College students
• PARSA supports and represents postgraduate and research students