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:

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 builds upon extensive experience in the strategic management of applied research and extensive involvement in practitioner-led research aimed at improving the effectiveness of the management of technology-based innovation, with a particular focus on the challenges of business model innovation in established firms; management of major/radical innovation; management of high-uncertainty R&D projects; open innovation networks; and, commercialisation of major inventions from public research institutes.

Field Trips

There are no field trips in this course.

Additional Course Costs

There are no additional class costs expected in this course.

Examination Material or equipment

Course materials - copies of lecture slides, pre-readings, etc. - are permitted.

The ANU Examinations Office will communicate all exam details directly to students.

Required Resources

Weekly online pre-reading material will be provided through the Wattle course site.

Recommended Resources

A list of recommended reading will be provided through the Wattle course site and will be available online (except in limited circumstances where hardcopy only exists)

Staff Feedback

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

Assignments on the weekly pre-readings, due in weeks 6 and 12, will give course participants the opportunity to gauge their understanding of concepts introduced in weeks 1- 6 and weeks 7 - 12, respectively.

 A quiz, taken online following seminar 6, will give course participants the opportunity to gauge their progress against the course learning outcomes. 

 An essay, due in Week 11, 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 Introduction The nature of innovation and why and how innovation and entrepreneurship are important for firms. The concept of a dominant design Dual-delivery seminar consisting of lecture sessions, discussion questions, discussion of pre-readings and in-class exercises.	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: 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.
2	Types and sources of innovation Novelty, the role of search and framing in innovation, and various types of innovation. Dual-delivery seminar consisting of lecture sessions, discussion questions, discussion of pre-readings and in-class exercises.	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)
3	Uncertainty and learning The concept of uncertainty and the relationship between novelty, uncertainty and innovation. The importance of learning through both testing and discovery in an environment of inherent uncertainty. Dual-delivery seminar consisting of lecture sessions, discussion questions, discussion of pre-readings and in-class exercises.	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	Innovation ecosystems Factors influencing the rate of adoption of innovations and the concepts of the innovation ecosystem, the path to impact, adoption chain risk and complementary innovation risk. Dual-delivery seminar consisting of lecture sessions, discussion questions, discussion of pre-readings and in-class exercises.	Pre-reading: J. F. Li, & E. Garnsey, ‘Building joint value: Ecosystem support for global health innovations’, in R. Adner, J. E. Oxley, & B. S. Silverman (Eds.), Collaboration and competition in business ecosystems. Advances in Strategic Management, Vol. 30, pp. 69 – 96 (2013)
5	Capturing Value from Innovation How organisations capture value from innovation, including the role of complementary assets and business models as mechanisms for the creation and appropriation of value. Dual-delivery seminar consisting of lecture sessions, discussion questions, discussion of pre-readings and in-class exercises.	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) Assessment Due: Pre-Reading Assignment 1 ?DUE: Friday 2nd April 2022 (24 hours to complete) The first pre-reading assignment, worth 10% of the course assessment, is to be submitted to Turnitin in accordance with the assessment instructions.
6	The Innovative Organisation The ambidextrous organisation and how organisations build the capability for continuous innovation. Key concepts introduced in the innovation module will be reviewed. Dual-delivery seminar consisting of lecture sessions, discussion questions, discussion of pre-readings and in-class exercises.	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). Assessment item: Draft Business Development Roadmap DUE: Friday 2nd April 2022 @ 23:59 AEST In Week 1, course participants will be allocated a Canberra or ACT regional Business to work with. This first draft will provide a general guide for the overall Roadmap to be presented in week 12 to the client for review, and grading by the lecturer. It is worth 15% of the course assessment.
7	MODULE 2: ENTREPRENEURSHIP Entrepreneurship and Economic Growth. 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. Dual-delivery seminar consisting of lecture sessions, discussion questions, discussion of pre-readings and in-class exercises.	Pre-reading: a) Stevenson, H., & Jarillo, C. (1990). A paradigm of entrepreneurship as a field of research. Academy of management review, 3, 45-57; b) Carree, M. A., & Thurik, A. R. (2010). The impact of entrepreneurship on economic growth. In Handbook of entrepreneurship research (pp. 557-594). Springer, New York, NY.
8	Opportunities (in-house and new ventures) How opportunities are identified, discovered or created and assessed; and where new ventures come from. Dual-delivery seminar consisting of lecture sessions, discussion questions, discussion of pre-readings and in-class exercises.	Pre-reading: a) Shane, S. (2000). Prior knowledge and the discovery of entrepreneurial opportunities. Organization science, 11(4), 448-469; b) Alvarez, S. A., & Barney, J. B. (2007). Discovery and creation: Alternative theories of entrepreneurial action. Strategic entrepreneurship journal, 1(1-2), 11-26.
9	Stakeholders, relationships, networks and resources 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. Dual-delivery seminar consisting of lecture sessions, discussion questions, discussion of pre-readings and in-class exercises.	Pre-reading: ?Spigel, B. (2017). The relational organization of entrepreneurial ecosystems. Entrepreneurship Theory and Practice, 41(1), 49-72.
10	Tools, processes, the Business Model Canvas Design-thinking and new venture concept development processes, including customer engagement, shared value and the Business Model Canvas as a holistic venture design tool. Dual-delivery seminar consisting of lecture sessions, discussion questions, discussion of pre-readings and in-class exercises.	Pre-reading: a) Dorst, K. (2011). The core of ‘design thinking’and its application. Design studies, 32(6), 521-532. b) Zott, C., Amit, R., & Massa, L. (2011). The business model: recent developments and future research. Journal of management, 37(4), 1019-1042.
11	Building and communicating the case 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. Dual-delivery seminar consisting of lecture sessions, discussion questions, discussion of pre-readings and in-class exercises.	Pre-reading: Delmar, F., & Shane, S. (2003). Does business planning facilitate the development of new ventures?. Strategic management journal, 24(12), 1165-1185. Assessment Item: Final Business Development Roadmap The final Roadmap is worth 30% of the final grade of the course. The assessment is to be submitted via Turnitin in accordance with the assessment instructions that will be provided in Week 1 along with all the other details for this project. DUE: Friday, 20th May 2022 @ 23:59 AEST Firm feedback, reviews and commentary will follow in the Week 12 seminar.
12	How new ventures evolve 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. Dual-delivery seminar consisting of lecture sessions, discussion questions, discussion of pre-readings and in-class exercises.	Pre-reading: Cope, J. (2005). Toward a dynamic learning perspective of entrepreneurship. Entrepreneurship theory and practice, 29(4), 373-397. Assessment item: Pre-reading assignment two The second pre-reading assignment, worth 10% of the course assessment, is to be submitted to Turnitin in accordance with the assessment instructions. DUE: Friday, 27th May 2022 @ 23:59 AEST

Tutorial Registration

This course will be delivered in a 3 hour Seminar format, so there will be no tutorials. Discussions, Activities and Groupwork will be conducted in the Seminar.

Assessment Summary

Assessment task	Value	Due Date	Return of assessment	Learning Outcomes
Pre-Reading Assignment 1	10 %	23/03/2022	01/04/2022	2,3,4,5
Draft Business Development Roadmap	15 %	03/04/2022	19/04/2022	1,2,3,4,5
Final Business Development Roadmap	30 %	20/05/2022	27/05/2022	2,3,4,5,6
Pre-Reading Assignment 2	10 %	27/05/2022	30/06/2022	2,3,4,5
Final Examination - Online	35 %	*	30/06/2022	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 seminars is expected as this is an "in-person" course. Following ACT health guidelines and recommendation this course may move to online mode for the Seminar most likely via Zoom. Seminars will be recorded and made available on ECHO360 (for those who for one reason or another cannot come to class)

Examination(s)

There is a formal examination - see Assessment task 5.

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

The ANU Examinations Office will communicate all exam details directly to students.

Assessment Task 1

Pre-Reading Assignment 1

Assignment on the weekly pre-readings for the innovation module

Weighting: 10%

Two questions about any of the required readings in weeks 1 to 4

Word Count: 500 Words +/- 10% (approximately 250 words per question). A penalty of 10% will be applied for every 50 words increment outside of the limit.

Questions posted on Wattle Monday 21st March @ 23:59 AEST

Marking criteria for the pre-reading assignments will be available on the Wattle course site by the Monday of week 4 (14th March).

Submit: On the Wattle course site for via Turnitin.

Late submissions are not accepted. 5% per working day or part thereof, as school policy. If you are unable to submit on time you should apply for an extension.

Due: Wednesday 23rd March @ 23:59 AEST

Return of Assessment: One week after submission (Friday 1st April), with additional feedback and comments in week 6 Seminar.

Assessment Task 2

Draft Business Development Roadmap

Draft Business Development Roadmap

Weighting: 15%

Students will be assigned to a Canberra based or Regional business. This will be done at the beginning of the course, and each company will present themselves to the Students at the beginning of the Semester and for one hour each week for relevant Q+A discussions.

Details of task: To design a Roadmap of firm specific objectives. Although the structure and presentation of plans would vary based on industry and growth stage of the firm, relevant areas will be divided into 5 main sections, and these various fields are to be discussed in detail during the Semester. A draft would be due in Week 6, to allow student to gain insights from both the lecturer and teaching staff, as to what to add, and how to improve before the final submission. Details of the marking criteria and outlines will be available from week 1 on Wattle. Each firm will present their companies to students in Week 1.

Format: The structure and presentation of plans would vary based on industry and growth stage of the firm. The outline would be focused around some these strategic areas:

Operations, Product, Finance, Sales , Marketing, Performance, Infrastructure, Business Intelligence, Research and Development. Varying structural options will be discussed in the first lecture in Week 1.

Word Count:

1000 words +/- 10%. NO penalty for going over the word count, although assignments over 1000 words will not be read. Dot point ideas and suggestions are acceptable, and diagrams, models and charts do not count towards the word count.

Submission date: Sunday 3rd of April, 23:59 AEST.

Reports should be should be uploaded to Turnitin.

Due date for return of assessment: 19th of April. Feedback will be provided via Wattle, and discussion with Q+A in the Week 7 Seminar (22nd April).

Marking Criteria: A detailed rubric will be made available on the course Wattle site from the beginning of semester.

Assessment Task 3

Final Business Development Roadmap

Final Business Development Roadmap

Weighting: 30%

Word Count: 2000 words +/- 10%. A penalty of 10% per 200 words over or under this limit will be applied. Diagrams, models and charts do not count towards the word count. Appendix will also not be included in the word count.

Details of task: This is the Final Business Development Roadmap will be forwarded to the firms that you have been working with over the Semester. Along with the lecturer they will provide a qualitative rating of of the plans, and assist in providing real world feedback / not grades in Week 12 Seminar to enhance your learning and experience of dynamic entrepreneurial and innovative environments. These plans should reflect the original draft design with added material and efforts throughout the second half of the semester. More details will be provided on Wattle in Week 1.

Recommended Final Structure:

Company Overview (SWOT)

Product / Service Development

Operations / Marketing

Recommendations

Submission date: Friday 20th of May @ 23:59 AEST. 

Due date for return of assessment: 1st of June, with detailed Feedback in Turnitin and live feedback from clients and ACT trade representatives in the Week 12 Friday Seminar.

Marking Criteria: A detailed rubric will be made available on the course Wattle site from the beginning of semester.

Assessment Task 4

Pre-Reading Assignment 2

Assignment on the weekly pre-readings for the entrepreneurship module

Weighting: 10%

Two questions about any of the required readings in weeks 5 to 11

Word Count: 500 words +/- 10% (approximately 250 words per question). A penalty of 10% will be applied for every 50 words increment outside of the limit.

Task: Questions posted on Wattle Friday 27th May @ 23:59 AEST

Marking criteria for the pre-reading assignments will be available on the Wattle course site by the Monday of week 4 (14th March).

Submit on the Wattle course site for via Turnitin.

Late submissions are not accepted. 5% per working day or part thereof, as school policy. If you are unable to submit on time you should apply for an extension.

Due: Sunday 29th May @ 23:59 AEST

Return of Assessment: after release of final grades on 30 June 2022

Assessment Task 5

Final Examination - Online

Final Examination (35%) – End of Semester examination period

There is a final examination for this course held during the end of semester examination period. The exam will be run remotely via Zoom. Students will have 3 hours to complete the exam.

The Exam will contain a combination of concept-related short answer questions, case study-based application questions, and reflective questions based on learning acquired from the course. The exam will be open book, with students being able to access their notes, readings, and slides from the course.

 The raw scores from the final examination will be transformed into marks corresponding to ANU grade levels using a criterion-referenced standard setting procedure.

The resulting marks will be calibrated as follows:

• Unsatisfactory quality: 0 to 19.9 marks

• Satisfactory quality: 20 to 23.9 marks

• Good quality: 24 to 27.9 marks

• Superior quality: 28.0 to 31.9 marks

• Exceptional quality: 32 to 40 marks

 Please refer to the Examination Timetable for the date and time of this Exam.

Return of Assessment: after release of final grades on 30 June 2022

More information on the modality of the online examination will be made available at least 2 weeks before the examination period on Wattle and in class.

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 assignment 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