ENTREP 5036 - Entrepreneurial Concepts and Mindset

North Terrace Campus - Semester 1 - 2020

This course aims to provide students with an understanding of the nature of enterprise and entrepreneurship and orientates students towards an entrepreneurial mindset. It introduces the role of the entrepreneur, innovation and technology in the entrepreneurial process. Being entrepreneurial is not necessarily about starting a new venture, but is about seeking opportunities and taking action to bring those opportunities into reality. It involves "building something from nothing" and successful entrepreneurs know how to manage and mitigate uncertainty and risk. The course content is relevant to those i) individuals thinking about starting a business or who are already in business - large or small, for profit or social enterprise; ii) those who are interested in commercialising their own innovations or of other; iii) entrepreneurial employees interested in "corporate entrepreneurship" and iv) those who advise entrepreneurs or engage in policy making in the entrepreneurship area. Developing an entrepreneurial mindset and enterprising skill set critical for constantly changing markets or workplaces.

  • General Course Information
    Course Details
    Course Code ENTREP 5036
    Course Entrepreneurial Concepts and Mindset
    Coordinating Unit Entrepreneurship, Commercialisation & Innov Centre
    Term Semester 1
    Level Postgraduate Coursework
    Location/s North Terrace Campus
    Units 3
    Contact Intensive: 36 to 40 hours
    Available for Study Abroad and Exchange Y
    Incompatible ENTREP 5016, TECHCOMM 5016
    Course Description This course aims to provide students with an understanding of the nature of enterprise and entrepreneurship and orientates students towards an entrepreneurial mindset. It introduces the role of the entrepreneur, innovation and technology in the entrepreneurial process. Being entrepreneurial is not necessarily about starting a new venture, but is about seeking opportunities and taking action to bring those opportunities into reality. It involves "building something from nothing" and successful entrepreneurs know how to manage and mitigate uncertainty and risk. The course content is relevant to those i) individuals thinking about starting a business or who are already in business - large or small, for profit or social enterprise; ii) those who are interested in commercialising their own innovations or of other; iii) entrepreneurial employees interested in "corporate entrepreneurship" and iv) those who advise entrepreneurs or engage in policy making in the entrepreneurship area. Developing an entrepreneurial mindset and enterprising skill set critical for constantly changing markets or workplaces.
    Course Staff

    Course Coordinator: Dr Manjula Dissanayake

    Program Director Contact Details: Postgraduate Entrepreneurship and Innovation
    Name: Dr Manjula Dissanayake
    email: manjula.dissanayake@adelaide.edu.au

    Teaching Staff
    Trimester 1/Semester 1
    Name:
    Dr Manjula Dissanayake
    email:
    manjula.dissanayake@adelaide.edu.au
    Researcher Profile: https://researchers.adelaide.edu.au/profile/manjula.dissanayake

    Semester 2/Trimester 3
    Name: Prof Paul Steffens
    email: paul.steffens@adelaide.edu.au
    Researcher Profile: https://researchers.adelaide.edu.au/profile/paul.steffens

    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 Discuss the attitudes, values, characteristics, behaviour, and processes associated with possessing an entrepreneurial mindset and engaging in successful appropriate entrepreneurial behaviour.
    2 Discuss what is meant by entrepreneurship and innovation from both a theoretical and practical perspective, and the role of the entrepreneur in the new enterprise creation process.
    3 Critique an entrepreneurial process / journey, reflecting on inherent paradoxes associated with entrepreneurship.
    4 Develop a personal development plan for future entrepreneurial action and continued learning based on personal reflection and external feedback.
    5 Engage in a continuing learning process through the interaction with peers in related topics, as individuals and as team members.
    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)
    1-3
    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
    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
    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
    1, 4
    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
    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
    4, 5
  • Learning Resources
    Required Resources
    Nielsen, S. L., Klyver, K., Evald, M. R., & Bager, T. (2017). Entrepreneurship in theory and practice: paradoxes in play. 2nd Edition. Edward Elgar Publishing, Cheltenham, UK. ISBN 978 1 78536 447 1
    Recommended Resources
    There is a wide range of material available on the course topics including the following:

    Bygrave, W and Zackarakis, A, Corbett, A. (2016) Entrepreneurship, 4th Edition, John Wiley and Co.

    Drucker, P. (1999) Innovation and Entrepreneurship, Butterworth Heinemann, Oxford.

    Fagerberg, J, Mowery, DC and Nelson, RR (2005) The Oxford Handbook of Innovation, Oxford University Press, NY.

    Hisrich, R.D., Peters, M. P., and Shepherd, D. (2016) Entrepreneurship, 10th Edition. McGraw-Hill Irwin, Boston.

    Frederick, H., Kuratko, D. & O’Connor, A. (2018) Entrepreneurship: Theory, Process, and Practice, Asia Pacific 5th Edition, Cengage.

    Spinelli, Stephen Jr. and Adams, Robert Jr. (2015). New Venture Creation: Entrepreneurship for the 21st Century – A Pacific Rim Perspective, 10th Edition. McGraw-Hill Irwin. 


    Journals
    There is a range of journals where entrepreneurship research scholars publish their research, such as (note that this list is not definitive):
    · Journal of Business Venturing
    · Entrepreneurship Theory and Practice
    · Journal of Small Business Management
    · International Small Business Management
    · Small Business Economics
    · Academy of Management Review
    · Journal of Small Business and Entrepreneurship
    · Venture Capital
    · Family Business review

    Web links
    www.brikenbulbs.com
    www.en.wikipedia.org/wiki/business.plan
    www.brainstorming.co.uk
    www.mind-mapping.co.uk
    business.adelaide.edu.au/ecic
    www.mckinsey.com/
    www.ideo.com
    www.business.gov.au
    www.wdc-econdev.com

    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 offered in blended learning mode with the face-to-face component offered as intensives.
    Workload

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

    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
    This is a draft schedule and is a guide only. The timetable may be changed during the course delivery if necessary.
    Session
    Content
    1 What is Entrepreneurship and Innovation? Some Definitions and contexts.
    2 The entrepreneur: Born or made?
    3 Emergence of opportunities: Created or Discovered?
    4 The Entrepreneurial Process: Planning or Improvising?
    5 Resourcing Entrepreneurship: Exploration or Exploitation?
    6 Networking: Rational or Embedded?
    7 Planning: Management tool or creativity curb?
    8 The Entrepreneurial Mind: Entrepreneurial thinking or design thinking?
    9 Entrepreneurial mindset and action: developing the opportunity
    10 Entrepreneurial mindset and action: goal setting
    11 Entrepreneurial mindset and action: getting feedback
    12 Entrepreneurial mindset and action: execution
    13 Social Entrepreneurship: Business or a better world?
  • 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
    #Assessment TaskTask typeLengthWeightingLearning Outcomes
    1 Two (2) multiple choice and short answer question tests Individual 2 x 25 questions 2 x 10%
    (20% in total)
    1,2
    2 Entrepreneur Interview Group Maximum of 3,000 words 30% 1,2,3,5
    3 Self-Reflection and Personal Development Plan Individual Maximum of 3,000 words 40% 1,2,4,5
    4 Course Participation Individual N/A 10% 1-5
    Total 100%
    Due to the current COVID-19 situation modified arrangements have been made to assessments to facilitate remote learning and teaching. Assessment details provided here reflect recent updates.

    Assessment changes:
    10% Course Participation = 5% introductory video, 5% Intensive activiites
    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
    Two (2) Multiple Choice and Short Answer Question Tests
    Read and understand the materials presented during the lectures and the readings. Answer the questions.

    Entrepreneur Interview
    Conduct an interview with two entrepreneurs who have been in business for at least three years using the guidelines in MyUni. The business should be growth oriented and / or exhibit innovation in its products or services, systems, processes, etc. Reflect on the responses obtained during the interviews using the theory and frameworks in the course to critically compare and contrast the two entrepreneurs and their entrepreneurial journeys.

    Self-Reflection & Personal DevelopmentPlan
    Keep a journal during the course recording reflections of your learning through classes, reading materials and engaging in assessment tasks. Undertake self-reflection of your entrepreneurial mindset and behaviours. Undertake interviews with two close friends or family regarding their perceptions of your entrepreneurial mindset and behaviours. Develop a personal development plan outlining your intentions for future entrepreneurial mindset, development and behaviours. Use the theory and frameworks presented in the course to guide your reflection and plans.

    Course Participation
    Part of your assessment is based on your participation in the class activities and discussion during the two course intensives.
    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.

  • 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.

The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.