The unit uses a blended (theory and practical) approach to immerse students into the realm of innovation and entrepreneurship.
business
Description
The unit uses a blended (theory and practical) approach
to immerse students into the realm of innovation and entrepreneurship. The unit
is divided intentionally into two sections to allow for a better understanding
and differentiation between these two fundamental concepts.
The first part of the unit is dedicated to
Innovation. In today's highly competitive environment, innovation is at the
heart of a company’s strategy and it is important for student to understand
both the theoretical underpinnings and the practical challenges of Managing
Innovation both for start-ups and well-established businesses. The second part
of the unit immerses the student into the challenges of being an Entrepreneur
in today’s fast evolving world, by applying a more practical approach to
understanding the realities of modern Entrepreneur. Student will have the
opportunity to interact with a local entrepreneur for deepen their
understanding of the relevant obstacles and reward of being an entrepreneur.
Introduction
|
This unit
considers, amongst other topics, an understanding of entrepreneurship,
innovation and creativity; it examines the role and importance of innovation in
today’s fast evolving world by engaging students with the relevant theories as
well as practical challenges of managing innovation bot for entrepreneurs and
for settled business. Moreover, the unit examines the qualities and attributes
of an entrepreneur; it looks at how an entrepreneur goes about identifying and
evaluating opportunities, as well as identifying and evaluating financing
options. At the end of the unit, contemporary issues and challenges on
Entrepreneurship will be analysed.
Unit Learning Outcomes
|
|
On
successful completion of this unit students can: |
Graduate Attributes
addressed: |
|
1.
Outline and discuss the
importance of innovation in contemporary business management and the relative
challenges related to managing creativity and innovation. |
1,2 |
|
2.
Explain and discuss the
processes of managing innovation |
1,2 |
|
3.
Review the literature of entrepreneurship
and construct a definition of an entrepreneur |
2,3,5 |
|
4.
Analyse how entrepreneurs
recognise opportunities, how they gather funds, how they network and how they
create wealth in the real world |
3,10 |
|
5.
Argue the relative importance
of innovation and entrepreneurship within corporates. |
2 |
CTI Graduate Attributes
|
|
1 |
Application
of Knowledge |
6 |
Plan
for personal growth, Career Development & Lifelong learning |
|
2 |
Reflection,
Critical thinking & Problem Solving |
7 |
Global
Mindset |
|
3 |
Information
Literacy and Management – Accessing, evaluating and synthesizing information |
8 |
Professional
Approach & values to study and
work tasks |
|
4 |
Effective
Communication & networking skills |
9 |
Leadership
skills |
|
5 |
Selection
of appropriate technology for study and work purpose |
10 |
Creativity,
Innovation & Entrepreneurial flair |
Teaching/Learning Activities
|
|
Fulltime mode
Lectures /Workshops (Face to Face):
Students will be
required to prepare and attend the Lectures/Workshops during the course of the
semester as outlined in the program calendar. During these lectures/workshops,
student will engage critically and debate, with the Lecturer and guest
speakers, the relevant topics outlined below.
Guided Self-Study:
Students
will be required to discuss and critique the readings as well as posts of
fellow students in an online discussion forum. The student will have to
collegially decide on the platform to be used at the beginning of the semester.
They will be expected to contribute on the platform on a regular basis.
Self-directed Fieldwork & Networking with Experts:
Students
will be expected to identify a local entrepreneur and interview the latter to
gain more insight into the different phases of entrepreneurship. Moreover,
students will be required to research and reflect on how innovation is promoted
and managed within their own organisation
Total commitment: 76 to 80
hrs
Flexitime mode
Your accelerated learning programme
has been carefully designed as per plan below to enable you complete this
study-unit over a period of 6 weeks, including four full-days of workshops at
CTI:
·
Pre-workshop
guided self-study 2 weeks – 12 hours per week
·
Workshop
day 1 & 2 on consecutive days (e.g. Friday & Saturday -16hrs)
