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Entrepreneurship & Innovation in Marketing

Unit Code: HBM528




Duration

Contact Hours

Campus

Prerequisite

Corequisite

One teaching period

36 hours

Hawthorn

Nil

Nil

Credit Points: 12.5 Credit Points


Related Course/s:

A unit of study in the pre-2010 Master of Business (Marketing) suite,   suite and the Master of Business (International Business) (Leadership Stream) suite. Its content is deemed equivalent to, and will be delivered under the new unit code and title of HBM535 Entrepreneurship and Innovation. Please follow the link for more information on the unit.
 
 

Aims & Objectives:

This unit should provide students with the skills and knowledge to develop a new venture either within an organisation or from the ground up.

Students will by the end of semester have:

  • An understanding of innovation and entrepreneurship and how it relates to marketing.
  • Some exposure to entrepreneurial/innovation models from case studies.
  • Some tools to apply such behaviour to their own workplace.
  • Integrative assignment to develop a business plan for a new venture.

This unit provides an opportunity for the student to be able to demonstrate a culmination of all their past learnings in the Graduate Certificate/Diploma.

Teaching Methods:

Seminars involving Student Participation, Case Studies and Presentations

Assessment:

New venture proposal 25%, Case study development & analysis 25% and New venture business plan 50%.

Generic Skills Outcomes:

Students will have the ability to recognise entrepreneurial/innovative opportunities and do something with them.

Content:

  • Characteristics of entrepreneurs/innovators
  • Ideation and screening
  • Business planning
  • Legal issues
  • Business structures
  • Financing/raising capital
  • Resources
  • Managing innovation in the organisation
  • Government assistance
  • Start up and when to call it quits

Reading Materials:

Students are advised to check the unit outline in the relevant teaching period for appropriate textbooks and further reading.

References:

Legge, J & Hindle, K. 1997, Entrepreneurship: How Innovators Create the Future, South Yarra, Macmillan.
Timmons, JA 1999, New Venture Creation: Entrepreneurship for the 21st Century, 5th edn, Boston, Irwin McGraw-Hill.
Plus the latest journal articles on innovation and entrepreneurship selected from an extensive list provided to students.