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MN50576: Fundamentals of entrepreneurship

[Page last updated: 15 October 2020]

Follow this link for further information on academic years Academic Year: 2020/1
Further information on owning departmentsOwning Department/School: School of Management
Further information on credits Credits: 6      [equivalent to 12 CATS credits]
Further information on notional study hours Notional Study Hours: 120
Further information on unit levels Level: Masters UG & PG (FHEQ level 7)
Further information on teaching periods Period:
Semester 1
Further information on unit assessment Assessment Summary: CW 100%
Further information on unit assessment Assessment Detail:
  • Coursework (CW 100%)
Further information on supplementary assessment Supplementary Assessment:
Like-for-like reassessment (where allowed by programme regulations)
Further information on requisites Requisites:
Description: Aims:
This unit introduces the fundamental concepts, theoretical models and practical understanding of the entrepreneurial process.

Learning Outcomes:
At the end of this unit, students will be able to:
* Understand the nature of entrepreneurial opportunities and how they unfold from an initial idea to the set-up and growth of new ventures.
* Reflect on the skills and behaviours entrepreneurs need to develop and engage in when dealing with uncertainty of opportunities and resources.
* Analyse the entrepreneurial process from multiple theoretical perspectives and in different environments (social, market, corporate, etc)
* Apply the principles of entrepreneurship to real life situations,

Skills:
Intellectual skills:
* Recognise the contribution of parent disciplines (economics, psychology, and sociology) to the study of entrepreneurship
* Compare opportunities and challenges for entrepreneurship in various contexts
Practical skills:
* Be able to identify trends and conditions supporting entrepreneurship
* Make use of the experience of real-life entrepreneurs as role models.
Transferable skills:
* Enhance individual attitude towards entrepreneurship
* Familiarize with key concepts and practices of entrepreneurship.

Content:
Systemic context (technology-economy). Differences between self-employment and entrepreneurship. Entrepreneurial traits and heuristics. Sources and forms of opportunities. Resource acquisition and entrepreneurial teams. New ventures. Family businesses. Social and corporate entrepreneurship. International entrepreneurship.
Further information on programme availabilityProgramme availability:

MN50576 is Compulsory on the following programmes:

School of Management

Notes:

  • This unit catalogue is applicable for the 2020/21 academic year only. Students continuing their studies into 2021/22 and beyond should not assume that this unit will be available in future years in the format displayed here for 2020/21.
  • Programmes and units are subject to change in accordance with normal University procedures.
  • Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.
  • Find out more about these and other important University terms and conditions here.