Course Description
Entrepreneurship and Innovation is important in all areas of business and plays a crucial role in the economy. An understanding of the relationship between entrepreneurship and innovation is essential for identifying new opportunities, allocating resources efficiently and for achieving sustainable competitive advantage. Therefore, it is imperative that decision makers understand the key concepts of entrepreneurship and innovation and be able to apply this knowledge effectively to create solutions to consumer, market, environmental and social problems. These modules aim to provide students the opportunity to develop and enhance their skills and knowledge in the field of entrepreneurship and innovation. These modules include the following topics: entrepreneurship, corporate intrapreneurs, innovation and creativity, entrepreneurial start-ups, IT systems for innovation, strategy and succession planning.
Learning Outcomes
- Understand the theoretical and practical knowledge in entrepreneurship and innovation, including recent developments in the discipline.
- Apply critical thinking to relevant research articles of contemporary relevance in entrepreneurship and innovation.
- Critically analyse information from a wide range of sources to create solutions innovatively to improve current practices.
- Examine the key challenges faced by entrepreneurs and conceptualize a strategic response to overcome these challenges.
- Critically evaluate and synthesize information from a wide range of sources to demonstrate research skills, show initiative in consulting the academic literature and demonstrate the capacity to document the outcomes with sound analysis and recommendations.