ENTREP 3002 - Applied Entrepreneurship

North Terrace Campus - Semester 2 - 2018

The aim of this course is to enable students from a variety of backgrounds to gain experience and develop their knowledge in entrepreneurship into practical skills. The course will assist in the development of interpersonal skills, analytical ability, and business acumen.

  • General Course Information
    Course Details
    Course Code ENTREP 3002
    Course Applied Entrepreneurship
    Coordinating Unit Entrepreneurship, Commercialisation & Innov Centre
    Term Semester 2
    Level Undergraduate
    Location/s North Terrace Campus
    Units 3
    Contact Intensive: 36 to 40 hours
    Available for Study Abroad and Exchange Y
    Assessment Individual assignments, quiz
    Course Staff

    Course Coordinator: Dr Wendy Lindsay

    Program Director Contact Details: Innovation and Entrepreneurship
    Name: Dr Wendy Lindsay
    Email: wendy.lindsay@adelaide.edu.au

    Teaching Staff
    Name: 
    Dr. Manjula Dissanayake
    email: manjula.dissanayake@adelaide.edu.au
    Course Timetable

    The full timetable of all activities for this course can be accessed from Course Planner.

  • Learning Outcomes
    Course Learning Outcomes
    On successful completion of this course, students will be able to:
    1. Develop independent cognitive skills to critically analyse and synthesise contextual data to evaluate opportunities
    2. Demonstrate effective communication skills in a variety of business and professional contexts to understand how to apply facets of entrepreneurship in your career
    3. Apply concepts and tools associated with identifying, discovering and creating entrepreneurial opportunities
    4. Apply knowledge of innovation (including business model innovation) to source the required resources for an entrepreneurial opportunity
    5. Apply principles of teamwork in different contexts to establish partnerships to exploit opportunities
    6. Develop a personal agenda to integrate entrepreneurship and innovation into your career
    University Graduate Attributes

    This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:

    University Graduate Attribute Course Learning Outcome(s)
    Deep discipline knowledge
    • informed and infused by cutting edge research, scaffolded throughout their program of studies
    • acquired from personal interaction with research active educators, from year 1
    • accredited or validated against national or international standards (for relevant programs)
    1,2,3,4
    Critical thinking and problem solving
    • steeped in research methods and rigor
    • based on empirical evidence and the scientific approach to knowledge development
    • demonstrated through appropriate and relevant assessment
    3,4,5
    Teamwork and communication skills
    • developed from, with, and via the SGDE
    • honed through assessment and practice throughout the program of studies
    • encouraged and valued in all aspects of learning
    2,5
    Career and leadership readiness
    • technology savvy
    • professional and, where relevant, fully accredited
    • forward thinking and well informed
    • tested and validated by work based experiences
    2,3,5,6
    Intercultural and ethical competency
    • adept at operating in other cultures
    • comfortable with different nationalities and social contexts
    • able to determine and contribute to desirable social outcomes
    • demonstrated by study abroad or with an understanding of indigenous knowledges
    3,4,5
    Self-awareness and emotional intelligence
    • a capacity for self-reflection and a willingness to engage in self-appraisal
    • open to objective and constructive feedback from supervisors and peers
    • able to negotiate difficult social situations, defuse conflict and engage positively in purposeful debate
    1,2,6
  • Learning Resources
    Required Resources
    No textbook required
    Recommended Resources

    The most important websites for research and guidance are:
    www.business.gov.au
    www.ato.gov.au
    www.abr.gov.au
    www.cbs.sa.gov.au
    http://www.statedevelopment.sa.gov.au/industry/smallbusiness
    www.ipaustralia.gov.au
    www.fairwork.gov.au
    www.accc.gov.au

    Library Resources
    The University of Adelaide’s Barr Smith Library provides a range of learning resources including texts, journals, periodicals, magazines, and access to online databases and information services. It also offers a virtual library which is accessible via the University’s website. Access to the Library's electronic resources.

    Online Learning
    MyUni is the University of Adelaide's online learning environment. It is used to support traditional face-to-face lectures, tutorials and workshops at the University. MyUni provides access to various features including announcements, course materials, discussion boards and assessments for each online course of study.
  • Learning & Teaching Activities
    Learning & Teaching Modes
    This course is very focused on the regulatory framework for business startups in Australia. However the international background of many of the class members lends it self to expanding our collective knowledge about setting up a business in other parts of the world. The intensive mode of the classes enables workshopping of key concepts in small groups within the class time and comparison between systems of regulation. Each topic will commence with an overview by the facilitator, and the PowerPoint topic summaries will be available prior to the class.

    Students are provided with prompts, cases and activity materials prior to the class time through the MyUni site. The Powerpoint slides will suggest interactive learning activities during the class sessions, and for those students not able to be in attendance.

    Students will require internet searching capacity in the class to source and verify information required to complete the class workshop activities. 

    Please bring laptops, or tablets, or even smart phones with chargers and power cords. You will need them!
    Workload

    The information below is provided as a guide to assist students in engaging appropriately with the course requirements.

    It is expected that students will attend each of the 6 full days of the course. It is expected that students will review materials provided online each evening prior to the class to prepare for the session, and also take their turns, as directed, to undertake information search activities for the benefit of the rest of the class.

    There are two assignments for students to undertake in their own time. On the last afternoon of the courses, an open book/internet access multiple choice quiz (assignment 3) will be administered for which students will require their own device and internet access.

    As a guide, a 3 unit course comprises a total of 156 hours work (this includes face-to-face contact, any online components, and self directed study).
    Learning Activities Summary
    On each day, students will engage with workshop activity in the class which will follow active listening in the seminar which overviews the topics. Activities are designed to underpin the knowledge needed to successfully complete the assessment tasks; which will require responses to case studies and demonstrating their knowledge of how to operationalize a new venture.

    Activities will require internet searches using students’ own devices. This is a draft schedule and session dates are a guide only. The timetable may be changed during the course delivery if necessary.

    Learning Activities Summary
    Intensive   Readings
    Day 1 • Operating business models and the small business life cycle
    • Business registration
    • Presentation + Q&A
    • Small group activity describing and analysing business models
    • Analysis and critique of information searching
    • Practice application for registration
    • Case study analysis
    http://www.businessmodelgeneration.com/canvas/bmc

    www.abr.gov.au

    Day 2  • Review of business structures
    • Licences, codes, permits and insurances
    • Presentation + Q&A
    • Small group activity
    • Information searching
    www.business.gov.au
    https://ablis.business.gov.au
    www.cbs.sa.gov.au
    www.safework.sa.gov.au

    Day 3  • Finances
    • Financing
    • Banking
    • Back office systems, polices and procedures
    • Presentation + Q&A
    • Small group activity applying finance concepts to business model
    • Analysis and critique of Information searching
    • Guest speaker
    www.ato.gov.au
    http://www.statedevelopment.sa.gov.au/industry/smallbusiness

    http://www.business.gov.au/business-topics/tax-finance-insurance/business-finances/Pages/crowdfunding.aspx
    Day 4 • Leasing and other contracts
    • Intellectual property
    • Presentation + Q&A
    • Practical application of concepts in class
    • Information searching
    • Practice application for trademark
    • Guest speaker
    https://www.sa.gov.au/topics/housing-property-and-land/housing/contacts/consumer-and-business-services-contacts

    www.ipaustralia.gov.au
    Day 5 • Employing people
    • Paying people
    • Workplace health & safety
    • Presentation + Q&A
    • Practical application of concepts in class
    • Set up a employee record
    • Interacting with animation about work health
    www.fairwork.gov.au
    Day 6 • Fair trading
    • Scams

    • Establishing KPIs and milestones
    • Presentation + Q&A
    • Information searches
    • Analysis of recent cases of breaches of fair trading
    • Plenary session around establishing a business
    www.accc.gov.au
    www.business.gov.au
    www.scamwatch.gov.au/
  • Assessment

    The University's policy on Assessment for Coursework Programs is based on the following four principles:

    1. Assessment must encourage and reinforce learning.
    2. Assessment must enable robust and fair judgements about student performance.
    3. Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
    4. Assessment must maintain academic standards.

    Assessment Summary

    An overview of the course assessment appears in the following Table. Details appear in the following section:

    #AssessmentLengthWeightingLearning Outcomes
    1  Individual report 1500 words    30% 1, 2, 6
    2 Group assignment 4000 words    40% 2, 3, 4, 5
    3 Quiz 1 hour    20% 3, 4
    4 Participation    10% 1, 2, 3, 4, 5, 6
    Total 100%
    Assessment Related Requirements
    Students should attend all classes in order to pass the course. There is considerable experiential learning in workshops during the intensive classes that build your knowledge and thus enable you to be successful in this course.

    Course results are subject to moderation by the ECIC Board of Examiners
    Assessment Detail
    Assessment 1: Individual Report
    Weighting: 30%
    Task: Develop your innovation and entrepreneurship agenda

    Assessment 2: Group Assignment 
    Weighting: 40%
    Task: Assessment of evaluating the viability of different business models. Starting with a problem and moving through the process of new venture creation process using creativity and innovation in a team setting. 

    Assessment 3: Quiz
    Weighting: 20%
    Task: Based on the theories that we discuss in class, you will be given the opportunity to synthesise the application. 

    Assessment 4: Participation
    Weighting: 10%
    Submission
    All text based assignments must be submitted via MyUni.
    Please refer to step by step instructions: MyUni Learning Centre

    There are a few points to note about the submission of assignments:
    • Assignment Submission:  Assignments should not be emailed to the instructor; they must be lodged via the MyUni Course site (unless specified to do both). Note that assignments may be processed via TURNITIN, which is an online plagiarism prevention tool.
    • Cover Sheet:  Please include in the assignment a completed University of Adelaide Assessment Cover Sheet providing details of yourself and your team members (if applicable), your assignment, the course, date submitted, etc. as well as the declaration signed by you that this is your (your team’s) work.  Note that the declaration on any electronically submitted assignment will be deemed to have the same authority as a signed declaration.
    • Backup Copy of Assignments:  You are advised to keep a copy of your assignments in case the submitted copy goes missing.  Please ensure that all assignment pages are numbered. If your assignment contains confidential information, you should discuss any concerns with the Course Lecturer prior to submission.
    • Extensions of Time:  An application for Assessment Extension should be made well before the due date of the assignment to the Course Lecturer.  Normally, extensions will only be granted for a maximum of two weeks from the original assignment submission date.  Extensions will only be granted in cases of genuine medical, compassionate or extenuating circumstances.
    • Failure to submit: Failure to submit an assignment on time or by the agreed extension deadline may result in penalties and may incur a fail grade.  Note that a late penalty of 5% of the total available marks for that assessment item will be incurred each day an assignment is handed in late (Unless otherwise stated in 'Assessment Related Requirements' or 'Assessment Detail' above). Assignments handed in after 14 days from the due submission date will fail even if a 100% mark is granted for the work.

    Resubmission & Remarking

    Resubmission of an assignment for remarking after reworking it to obtain a better mark will not normally be accepted.  Approval for resubmission will only be granted on medical or compassionate grounds.
    Course Grading

    Grades for your performance in this course will be awarded in accordance with the following scheme:

    M10 (Coursework Mark Scheme)
    Grade Mark Description
    FNS   Fail No Submission
    F 1-49 Fail
    P 50-64 Pass
    C 65-74 Credit
    D 75-84 Distinction
    HD 85-100 High Distinction
    CN   Continuing
    NFE   No Formal Examination
    RP   Result Pending

    Further details of the grades/results can be obtained from Examinations.

    Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.

    Final results for this course will be made available through Access Adelaide.

    All text based assignments must be submitted via MyUni.
    Please refer to step by step instructions: http://www.adelaide.edu.au/myuni/tutorials/files/AssignmentStudentSubmission.pdf

    There are a few points to note about the submission of assignments:
    • Assignment Submission:  Assignments should not be emailed to the instructor; they must be lodged via the MyUni Course site (unless specified to do both). Note that assignments may be processed via TURNITIN, which is an online plagiarism prevention tool.
    • Cover Sheet:  Please submit, separate to your assignment, the completed University of Adelaide Assessment Cover Sheet providing details of yourself and your team members (if applicable), your assignment, the course, date submitted, etc. as well as the declaration signed by you that this is your (your team’s) work.  Note that the declaration on any electronically submitted assignment will be deemed to have the same authority as a signed declaration.
    • Backup Copy of Assignments:  You are advised to keep a copy of your assignments in case the submitted copy goes missing.  Please ensure that all assignment pages are numbered. If your assignment contains confidential information, you should discuss any concerns with the Course Lecturer prior to submission.
    • Extensions of Time:  Any request for an extension of time for the submission of an assignment should be made well before the due date of the assignment to the Course Lecturer.  Normally, extensions will only be granted for a maximum of two weeks from the original assignment submission date.  Extensions will only be granted in cases of genuine extenuating circumstances and proof, such as a doctor’s certificate, may be required.
    • Failure to submit: Failure to submit an assignment on time or by the agreed extension deadline may result in penalties and may incur a fail grade.  Note that a late penalty of 5% of the total available marks for that assessment item will be incurred each day an assignment is handed in late (Unless otherwise stated in 'Assessment Related Requirements' or 'Assessment Detail' above) Assignments handed in after 14 days from the due submission date will fail even if a 100% mark is granted for the work.

    Resubmission & Remarking

    Resubmission of an assignment for remarking after reworking it to obtain a better mark will not normally be accepted.  Approval for resubmission will only be granted on medical or compassionate grounds.
  • Student Feedback

    The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.

    SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.

  • Student Support
  • Policies & Guidelines
  • Fraud Awareness

    Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.

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