This course introduces participants to the conceptual foundations, behaviors and mindsets of entrepreneurship and innovation. The course provides the theoretical foundations and contexts within which innovations and new ventures contribute to economic activity and an introduction to the tools and frameworks used to identify new venture opportunities and potential innovations. It also provides an opportunity for participants to consider how entrepreneurship and innovation processes may impact their future careers. The course is delivered in the form of seminars supported by readings, cases, exercises and individual and team assignments.

Learning Outcomes

Upon successful completion, students will have the knowledge and skills to:

After completion of the course, students should be able to:

1. Describe basic concepts underlying the domain of Entrepreneurship and Innovation
2. Identify problems, challenges, needs, opportunities for the use of innovation in existing organisations and in new ventures
3. Critique the tools and frameworks used in innovations and new ventures
4. Evaluate ideas, relationships, resources and networks by engaging E&I 
5. Integrate concepts and theories with real cases of E&I 
6. Reflect on the personal significance of E&I in their future careers

Research-Led Teaching

The content of this course is based on 35 years of research into innovation and entrepreneurship in many sectors and in several countries, including the UK, India, Thailand, Brazil, Indonesia and Australia.

Field Trips

No field trips

Additional Course Costs

None

Examination Material or equipment

Limited paper-based study materials and unannotated, paper-based dictionaries are permitted. Further guidance about exam support material will be given by end of Week 12.

Required Resources

Seminar pre-reading material will be provided through Wattle.

Recommended Resources

A list of recommended reading will be provided through Wattle.

Staff Feedback

Feedback will be provided continuously though the weekly work and in-class discussions each week. Short case study discussions and workshop exercises, mostly conducted in class, will give course participants the opportunity to regularly appraise and apply their knowledge.

 A quiz, taken online following seminar 6, will give course participants the opportunity to gauge their progress against the course learning outcomes. Most questions in the quiz will require a true/false answer; there will also be a small number of multiple choice questions

 An essay, due in Week 10, provides the opportunity for course participants to apply evidence-based analysis to a topic in entrepreneurship and innovation.

Feedback on all written assessments will be provided within three weeks of submission date.

Student Feedback

ANU is committed to the demonstration of educational excellence and regularly seeks feedback from students. Students are encouraged to offer feedback directly to their Course Convener or through their College and Course representatives (if applicable). The feedback given in these surveys is anonymous and provides the Colleges, University Education Committee and Academic Board with opportunities to recognise excellent teaching, and opportunities for improvement. The Surveys and Evaluation website provides more information on student surveys at ANU and reports on the feedback provided on ANU courses.

Class Schedule

Week/Session	Summary of Activities	Assessment
1	MODULE 1: INNOVATION Seminar 1: Introduction This seminar will consist of lecture sessions, discussion questions and discussion of pre-readings covering the nature of innovation and why and how innovation and entrepreneurship are important aspects of a competitive economy.	Pre-reading: (1) Marsili & Salter, ‘Inequality of Innovation: skewed distributions and the returns to innovation in Dutch manufacturing,’ Economics of Innovation and New Technology, Vol. 14, No. 1-2, pp. 83-201. Read sections 1, 2.2, 2.3, 2.4 and 5 only and answer the following question in 100 words or less: Question 1: “A small minority of innovating firms earn the great majority of the rewards from innovation. Why do so many firms devote significant resources to innovation?” Pre-reading (2) George Castellion and Stephen Markham, New Product Failure Rates: Influence of Argumentum ad Populum and Self-Interest, Journal of Product Innovation Management, Vol. 30 (2013), No. 5, pp. 976 - 979. Question 2: “The success rate for new products has not changed over the past 45 years. What might explain this?”
2	Seminar 2: Types and sources of innovation This seminar will consist of lecture sessions, discussion questions, discussion of pre-readings and in-class exercises covering various aspects of novelty, the role of search and framing in innovation, a number of types of innovation and the concept of a dominant design.	Assessment item: pre-reading Pre-reading: Benner & Tripsas, ‘The influence of prior industry affiliation on framing in nascent industries: the evolution of digital cameras,’ Strategic Management Journal Vol. 33, pp. 277-302 (2012) NOTE: For the complete list of Weekly Pre-Reading Topic Questions, refer to the Wattle Course Site in the 'Readings' folder.
3	Seminar 3: Uncertainty and learning This seminar will consist of lecture sessions, discussion questions, discussion of pre-readings and in-class exercises covering the relationship between novelty and uncertainty and how uncertainty leads to difficulty predicting how innovation processes will play out. The importance of learning through testing and discovery in an environment of inherent uncertainty will also be covered.	Assessment item: pre-reading Pre-reading: Rice et al., ‘Implementing a Learning Plan to Counter Project Uncertainty,’ MIT Sloan Management Review, Vol. 49, No. 2, pp. 54 –62 (Winter 2008)
4	Seminar 4: Innovation ecosystems This seminar will consist of lecture sessions, discussion questions, discussion of pre-readings and in-class exercises covering the factors influencing the rate of adoption of innovations and the concept of the innovation ecosystem, the path to impact, adoption chain risk and complementary innovation risk.	Assessment item: pre-reading Pre-reading: Adner, ‘Match your innovation strategy to your innovation ecosystem,’ Harvard Business Review April 2006
5	Seminar 5: Capturing value from innovation This seminar will consist of lecture sessions, discussion questions, discussion of pre-readings and in-class exercises covering how organisations capture value from innovation, including the role of complementary assets and business models as mechanisms for the creation and appropriation of value.	Assessment item: pre-reading Pre-reading: Chesbrough & Rosenbloom, ‘The role of the business model in capturing value from innovation: evidence from Xerox Corporation’s technology spin-off companies’ Industrial and Corporate Change, Vol. 11, No. 3, pp. 529-555 (2002)
6	Seminar 6: The innovative organisation This seminar will consist of lecture sessions, discussion questions and discussion of pre-readings covering the ambidextrous organisation and how organisations build the capability for continuous innovation. Key concepts introduced in the innovation module will be reviewed.	Assessment item: pre-reading Pre-reading: Tushman & O’Reilly III, ‘Ambidextrous organizations: Managing evolutionary and revolutionary change,’ California Management Review Vol. 38, No. 4, pp. 8 –30 (Summer 1996). In-class: Case / Exercise Assessment item: on-line quiz ONLINE QUIZ - Week 6: Quiz on the content of Weeks 1-6 In Week 6, course participants take an Online Quiz to gauge their learning of the content in Module 1. The Quiz comprises true/false and multiple-choice questions. Participant's score for the Quiz will form a maximum of 15% of their final grade. The Quiz opens on Thursday of Week 6 and remains open for two weeks. Participants may take the Quiz twice.
7	MODULE 2: ENTREPRENEURSHIP Seminar 7: Entrepreneurship and Economic Growth. This seminar will consist of lecture sessions, discussion questions and discussion of pre-readings covering the role of entrepreneurship in the growth and transformation of regional and national economies. In periods of major technological and structural change entrepreneurs have a key role in discovering and developing new directions of value creation. The key players in the creation of new ventures, the roles of networks, relationships and knowledge-flow and how entrepreneurial ecosystems function will also be covered.	Assessment item: pre-reading questions Pre-reading (1): Carree, M.A. and Thurik, A.R., 2010. The impact of entrepreneurship on economic growth. In Handbook of entrepreneurship research (pp. 557-594). Springer, New York, NY. Pre-reading (2): Spigel, ‘The Relational Organization of Entrepreneurial Ecosystems,' Entrepreneurship Theory and Practice, June 2015, pp. 1-24.
8	Seminar 8: Opportunities (in-house and new ventures) This seminar will consist of lecture sessions, discussion questions and discussion of pre-readings covering how opportunities are identified, discovered or created and assessed; and where new ventures come from.	Assessment item: pre-reading question Pre-reading: Shane, ‘Prior Knowledge and the Discovery of Entrepreneurial Opportunities,’ Organization Science, Vol. 11, No. 4 (Jul. - Aug., 2000), pp. 448-469
9	Seminar 9: Stakeholders, relationships, networks and resources This seminar will consist of lecture sessions, discussion questions, discussion of pre-readings and in-class exercises covering the key players in the creation of new ventures - both in-house and independent start-ups. The roles of networks, relationships and knowledge-flow and how entrepreneurial ecosystems function will also be covered.	Assessment item: pre-reading Pre-reading: Spigel, ‘The Relational Organization of Entrepreneurial Ecosystems,' Entrepreneurship Theory and Practice, June 2015, pp. 1-24.
10	Seminar 10: Tools, processes, the Business Model Canvas This seminar will consist of lecture sessions, discussion questions, discussion of pre-readings and in-class exercises covering design-thinking and new venture concept development processes, including customer engagement, shared value and the Business Model Canvas as a holistic venture design tool.	Assessment item: pre-readings Pre-reading (1): Dorst, ‘The Core of "Design Thinking" and its Application,’ Design Studies, Vol. 32 (2011), pp. 521-532 Pre-reading (2): Cosenz & Noto, ‘A Dynamic Business Modelling Approach to Design and Experiment New Business Venture Strategies,' Long Range Planning, Forthcoming (2017) pp. 1-14. Assessment item: essay Essay The essay worth 30% of the course assessment is to be submitted to Turnitin in accordance with the Assessment instructions. DUE 23:59 Sunday, 13th October 2019
11	Seminar 11: Building and communicating the case This seminar will consist of lecture sessions, discussion questions and discussion of pre-readings covering processes for assessing the feasibility of a new venture, for planning and negotiating access to resources, and different approaches to building the case for implementation of a new venture - either in-house or as an independent start-up.	Assessment item: pre-reading Pre-reading: Delmar & Shane, ‘Does Business Planning Facilitate the Development of New Ventures?’ Strategic Management Journal, Vol. 24: pp. 1165 - 1185 (2003) In-class: Case / Exercise
12	Seminar 12: How new ventures evolve This seminar will consist of lecture sessions, discussion questions and discussion of pre-readings covering how new ventures develop over time: the business concept evolves even prior to launch, through interactions, through testing and validation; also the new venture itself evolves as it engages with the real world around it. What drives the growth and development of new ventures and how their growth trajectories unfold over time will also be covered.	Assessment item: pre-readings Pre-reading (1): Garnsey, Stam & Heffernan, ‘New Firm Growth: Exploring Processes and Paths,’ Industry and Innovation; Mar 2006; Vol. 13, No. 1, pp. 1-20 Pre-reading (2): Cope, J., 2005. Toward a dynamic learning perspective of entrepreneurship. Entrepreneurship theory and practice, 29(4), pp.373-397.

Tutorial Registration

Not relevant

Assessment Summary

Assessment task	Value	Due Date	Return of assessment	Learning Outcomes
In Class Written Activities	15 %	*	04/06/2020	2,3,4,5
Online Quiz	15 %	10/04/2020	10/04/2020	2,3,4,5
Essay	30 %	17/05/2020	08/06/2020	1,3
Final Examination	40 %	04/06/2020	02/07/2020	1,2,5,6

* If the Due Date and Return of Assessment date are blank, see the Assessment Tab for specific Assessment Task details

Policies

ANU has educational policies, procedures and guidelines, which are designed to ensure that staff and students are aware of the University’s academic standards, and implement them. Students are expected to have read the Academic Misconduct Rule before the commencement of their course. Other key policies and guidelines include:

• Student Assessment (Coursework) Policy and Procedure
• Special Assessment Consideration Policy and General Information
• Student Surveys and Evaluations
• Deferred Examinations
• Student Complaint Resolution Policy and Procedure

Assessment Requirements

The ANU is using Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. For additional information regarding Turnitin please visit the ANU Online website Students may choose not to submit assessment items through Turnitin. In this instance you will be required to submit, alongside the assessment item itself, hard copies of all references included in the assessment item.

Moderation of Assessment

Marks that are allocated during Semester are to be considered provisional until formalised by the College examiners meeting at the end of each Semester. If appropriate, some moderation of marks might be applied prior to final results being released.

Participation

The are no participation requirements; however attendance at classes is expected as this is an "in-person" course.

Examination(s)

There is a formal examination - see Assessment task 3.

Additional examination information will be available on https://exams.anu.edu.au/timetable/  

Assessment Task 1

In Class Written Activities

In Class Written Activities (15%)

Two assessable in-class written activities (worth 7.5% each) to be held in random weeks. At least one activity will be conducted and feedback given before end of Week 6. Students who are absent due to extenuating circumstances supported by appropriate evidence will be given alternative assessment arrangements.

The basis of these two assessable in-class written activities come from study performed before the seminar class (pre-reading responses), as well as within the seminar class (workshop cases and exercises).

Pre-reading responses - Before each seminar, course participants should read the article(s) for the week and prepare a typed response to the question(s) of up to 200 words. This should be typed on the Pre-Reading Response Form (available on Wattle). These materials are important for your learning and also as support materials for the assessed in-class written activities.

In-class workshop cases and exercises - Most seminars will involve in-class cases and/or workshop activities. For these, course participants will be asked to apply a tool or framework to analyse a case or to develop some aspect of the topic for the week, followed by group and class discussion. The written results of this may be one (or more) of the in-class written activities assessed.

Assessment Task 2

Online Quiz

 Online Quiz (15%)

This quiz will be conducted online via Wattle. Most questions will require a true/false answer; there will also be a small number of multiple choice questions. The quiz opens on 30 March (week 6) and is available for two weeks. The quiz takes about sixty minutes to complete, and can be taken twice. You may refer to the lecture slides and other course materials while taking the quiz.

DUE: by Tuesday 14 April

Return of Quiz scores: Quiz scores are provided immediately after completion.

Assessment Task 3

Essay

Essay (30%)

For this assessment item you will choose an essay question focusing on one of the debates in the fields of entrepreneurship and innovation. The purpose of the essay is to explore and summarise the current state of the debate, based on current research findings and application of the principles of evidence-based management

 The essay questions and detailed instructions for this assessment task are provided on Wattle by week 2 of the semester.

 Process

You should approach the task as follows:

 1. Carefully consider the essay question in the light of the topic readings and in-class discussions throughout the course.

When considering the essay question you should consider whether you would propose restating the question in order to specify it more carefully, for example to focus more clearly on an issue or sector. If you do wish to address a modified question you must seek approval from the course convenor before the end of week 6.

 2. Undertake a search for evidence about the question from relevant academic and other research.

During the search for evidence you should:

ensure that you revisit the question in light of what you have found through the search for evidence; and,

carefully consider how key terms are used in the different studies (Step 8.1 of the CAT Guideline), any causal mechanisms at work (Step 8.2 of the CAT Guideline) and any logical conclusions, limitations and implications that follow from the evidence (Steps 9, 10 and 11, of the CAT Guideline ).

Identify what is known about the issue and where there seem to be gaps in knowledge

 3. Prepare a summary of your search for evidence to be attached as an Appendix to your essay. The Appendix should include a Table as shown on Page 10 of the CEBMa CAT Guideline version 1.1 summarising at least 10 papers from relevant academic and other research. You should not include an ‘Effect size’ column and you should use the four levels (A, B, C, D) described in the detailed instructions for this assessment task provided on Wattle instead of the six levels described in the CEBMa CAT Guideline.

 4. Prepare an analytical essay of up to 1,500 words on your chosen question, summarizing the state of the debate, based on the evidence you have found in your search for evidence. You should ensure that the material in your essay is clearly linked to the evidence you have summarised in the search-for-evidence Appendix.

 Late submissions are not accepted. If you are unable to submit on time you should apply for an extension.

DUE: 23:59, at the end of Week 10 Sunday, 17 May 2020

Return of Assessment: three weeks after submission.

Assessment Task 4

Final Examination

Final Examination (40%) – End of Semester examination period

This will be an invigilated final examination of 3 hours duration conducted during the end of semester examination period. The Final Examination will cover content from the whole course. The examination marks will be apportioned between selected response and/or short answer questions (one quarter of the examination marks), a short case study response (one half of the examination marks), and personal reflection questions (one quarter of the examination marks). 

 This will be an open-book exam and copies of the lecture notes and pre-reading notes can be brought into the exam. Unannotated, paper-based dictionaries are permitted.

 DUE: End of Semester Examination Period which begins on 4 June, 2020

 Return of Assessment: after release of final grades on 2 July, 2020

Academic Integrity

Academic integrity is a core part of our culture as a community of scholars. At its heart, academic integrity is about behaving ethically. This means that all members of the community commit to honest and responsible scholarly practice and to upholding these values with respect and fairness. The Australian National University commits to embedding the values of academic integrity in our teaching and learning. We ensure that all members of our community understand how to engage in academic work in ways that are consistent with, and actively support academic integrity. The ANU expects staff and students to uphold high standards of academic integrity and act ethically and honestly, to ensure the quality and value of the qualification that you will graduate with. The University has policies and procedures in place to promote academic integrity and manage academic misconduct. Visit the following Academic honesty & plagiarism website for more information about academic integrity and what the ANU considers academic misconduct. The ANU offers a number of services to assist students with their assignments, examinations, and other learning activities. The Academic Skills and Learning Centre offers a number of workshops and seminars that you may find useful for your studies.

Online Submission

The ANU uses Turnitin to enhance student citation and referencing techniques, and to assess assignment submissions as a component of the University's approach to managing Academic Integrity. While the use of Turnitin is not mandatory, the ANU highly recommends Turnitin is used by both teaching staff and students. For additional information regarding Turnitin please visit the ANU Online website.

Hardcopy Submission

For some forms of assessment (hand written assignments, art works, laboratory notes, etc.) hard copy submission is appropriate when approved by the Associate Dean (Education). Hard copy submissions must utilise the Assignment Cover Sheet. Please keep a copy of tasks completed for your records.

Late Submission

No submission of assessment tasks without an extension after the due date will be permitted. If an assessment task is not submitted by the due date, a mark of 0 will be awarded.

All requests for extensions to assessment in RSM courses must be submitted to the RSM School Office with a completed application form and supporting documentation. The RSM Extension Application Form and further information on this process can be found at https://www.rsm.anu.edu.au/education/education-programs/notices-for-students/extension-application-procedure/

 

Referencing Requirements

Accepted academic practice for referencing sources that you use in presentations can be found via the links on the Wattle site, under the file named “ANU and College Policies, Program Information, Student Support Services and Assessment”. Alternatively, you can seek help through the Students Learning Development website.

Returning Assignments

See the descriptions of assessment tasks.

Extensions and Penalties

Extensions and late submission of assessment pieces are covered by the Student Assessment (Coursework) Policy and Procedure The Course Convener may grant extensions for assessment pieces that are not examinations or take-home examinations. If you need an extension, you must request an extension in writing on or before the due date. If you have documented and appropriate medical evidence that demonstrates you were not able to request an extension on or before the due date, you may be able to request it after the due date.

Resubmission of Assignments

Unless specified otherwise in the assignments requirements, resubmissions are permitted up until the due date and time, but not allowed afterwards.

Privacy Notice

The ANU has made a number of third party, online, databases available for students to use. Use of each online database is conditional on student end users first agreeing to the database licensor’s terms of service and/or privacy policy. Students should read these carefully. In some cases student end users will be required to register an account with the database licensor and submit personal information, including their: first name; last name; ANU email address; and other information. In cases where student end users are asked to submit ‘content’ to a database, such as an assignment or short answers, the database licensor may only use the student’s ‘content’ in accordance with the terms of service — including any (copyright) licence the student grants to the database licensor. Any personal information or content a student submits may be stored by the licensor, potentially offshore, and will be used to process the database service in accordance with the licensors terms of service and/or privacy policy. If any student chooses not to agree to the database licensor’s terms of service or privacy policy, the student will not be able to access and use the database. In these circumstances students should contact their lecturer to enquire about alternative arrangements that are available.

Distribution of grades policy

Academic Quality Assurance Committee monitors the performance of students, including attrition, further study and employment rates and grade distribution, and College reports on quality assurance processes for assessment activities, including alignment with national and international disciplinary and interdisciplinary standards, as well as qualification type learning outcomes. Since first semester 1994, ANU uses a grading scale for all courses. This grading scale is used by all academic areas of the University.

Support for students

The University offers students support through several different services. You may contact the services listed below directly or seek advice from your Course Convener, Student Administrators, or your College and Course representatives (if applicable).

• ANU Health, safety & wellbeing for medical services, counselling, mental health and spiritual support
• ANU Diversity and inclusion for students with a disability or ongoing or chronic illness
• ANU Dean of Students for confidential, impartial advice and help to resolve problems between students and the academic or administrative areas of the University
• ANU Academic Skills and Learning Centre supports you make your own decisions about how you learn and manage your workload.
• ANU Counselling Centre promotes, supports and enhances mental health and wellbeing within the University student community.
• ANUSA supports and represents undergraduate and ANU College students
• PARSA supports and represents postgraduate and research students