INTBUS 7503NA - International Entrepreneurship and Innovation (M)

Ngee Ann Academy - Trimester 3 - 2016

The course information on this page is being finalised for 2016. Please check again before classes commence.

This course analyses how for small open economies such as Australia, international opportunity identification and exploitation are often critical to the firm's long term growth and survival and often results in the firm seeking to exploit those opportunities by entering overseas markets. The course focuses on the development of skills to identify and evaluate by ventures that aspire to become international or extend the scope of existing international operations. Specific topics relating to international new ventures, also referred to as born-globals and start-ups, will include understanding entrepreneurship and innovation as a process; opportunity identification competencies; cross-border expansion opportunities and challenges that entrepreneurs' face such as, for example, market entry, resourcing international operations (e.g. exporting), forming alliances, managing growth, and cross-border financing in different regions of the world. The course thereby provides students with the opportunity to focus on the socio-cultural, ethical, legal, political, regulatory, technological and human resource specific issues facing large as well as small to medium sized enterprises, some of which are also family run firms. They will also have the opportunity as a team project to develop a new venture proposal. They will develop an understanding of the constraints and advantages in developing a new venture and managing the additional burden of internationalization, which for some new ventures will be rapid or accelerated.

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