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; commercialisation of major inventions from public research institutes; time-to-market in new product development; and, strategy formation in early-stage new ventures.

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

There are no examinations run by ANU Examinations in this course.

Required Resources

There are no required resources expected in this course.

Recommended Resources

Will be made available on Wattle in Week 1 and each week as necessary.

Staff Feedback

Students will be given feedback in the following forms in this course:

• Written comments
• Verbal comments
• Feedback to the whole class, to groups, to individuals, focus groups

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	Seminar 1: Introduction - innovation and entrepreneurial management and their challenges	In this seminar we introduce the course and review why and how innovation and entrepreneurship are important and challenging for organisations. Introduction to the Innovation & Entrepreneurship Maturity Matrix (I&EMM).
2	Seminar 2: Types and sources of innovation	In this seminar we discuss various types of innovation – radical, incremental, producer, user, product, service, process, management – various contexts, such as for-profit enterprises and the public sector, and sources of innovation.
3	Seminar 3: Uncertainty, learning and innovation.	In this seminar we discuss uncertainty and the role it plays in innovation and entrepreneurship; the nature of learning in an environment of inherent uncertainty; and, real options thinking.I&EMM - first submission - 5%
4	Seminar 4: Innovation ecosystems	In this seminar we discuss factors influencing the rate of adoption of innovations and explore concepts around innovation ecosystems such as path to impact, adoption chain risk and complementary innovation risk.
5	Seminar 5: Capturing and creating value from innovation	In this seminar we discuss how organisations create and capture value from innovation, including the role of complementary assets and business models as mechanisms for the creation and appropriation of value.
6	Seminar 6: A thriving innovative organisation	In this seminar we discuss organisational learning, the ambidextrous organisation and how organisations build a capability for continuous innovation. I&EMM - second submission - 5%TAKE HOME TEST: A short-answer, take-home assignment covering the content of weeks 1 - 6. The assignment is worth 10% of total course assessment. Start 09:00 Wednesday 30 August; due 23:00 Wednesday 6 September.
7	Seminar 7: Introduction to entrepreneurship and new ventures	In this seminar we discuss entrepreneurship, entrepreneurial opportunities and new ventures (in established firms and independent start-ups), and characteristics of entrepreneurs.
8	Seminar 8: Entrepreneurial opportunities	In this seminar we discuss how entrepreneurial opportunities are identified, discovered and/or created.
9	Seminar 9: Stakeholders, relationships, networks and resources	In this seminar we discuss the role and function of networks, relationships, knowledge-flow and entrepreneurial ecosystems. We also discuss the key players in the creation and development of new ventures - in established firms and independent start-ups.I&EMM - third submission - 5% Innovation or corporate entrepreneurship /intrapreneurship project: my organisation: a 1500 word assignment worth 35% of total course assessment. Due: 23:00 Sunday 8 October 2023
10	Seminar 10: Developing a new venture: tools and processes	In this seminar we discuss new venture concept development processes, including: needs and value propositions; customer engagement; and the business model as a holistic tool.
11	Seminar 11: Developing a new venture: the business case	In this seminar we discuss building and communicating the business case; assessing the feasibility of a new venture; planning and negotiating access to resources and, different approaches to building the case for implementation – either in-house or as an independent start-up. I&EMM - fourth submission - 10%
12	Seminar 12: Evolution and development of new ventures	In this seminar we discuss how new ventures evolve and develop over time; what drives their growth and development; and, how their growth trajectories unfold over time.CASE ANALYSIS: The final assessment task is due at 23:00 Thursday 2 November 2023. It is worth 25% of total course assessment.

Tutorial Registration

ANU utilises MyTimetable to enable students to view the timetable for their enrolled courses, browse, then self-allocate to small teaching activities / tutorials so they can better plan their time. Find out more on the Timetable webpage.

Further details about the structure and teaching activities for this course will be available on the course Wattle site at the start of Week O.

Assessment Summary

Assessment task	Value	Due Date	Return of assessment	Learning Outcomes
Innovation and Entrepreneurship Maturity Matrix (I&EMM) [25%]	25 %	08/08/2023	22/08/2023	2,3,4,5
A short-answer, take-home assignment [10%]	10 %	06/09/2023	20/09/2023	2,3,4,5
Innovation or corporate entrepreneurship/intrapreneurship project - my organisation [35%]	35 %	08/10/2023	23/10/2023	1,2,3,4,5
Case Analysis [30%]	30 %	02/11/2023	30/11/2023	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

Class will be delivered as a face-to-face seminar where students will be required to engage in discussion of lecture material, discussion questions and pre-readings; and, in in-class exercises.  Pre-reading materials and discussion questions will be available on the Wattle course site at least one week before the relevant seminar.  Seminars will be echo-recorded.

Attendance at seminars, while not compulsory, is expected in line with "Code of practice for teaching and learning", Clause 2 paragraph (b).

Examination(s)

There are no examinations run by ANU Examinations in this course.

Assessment Task 1

Innovation and Entrepreneurship Maturity Matrix (I&EMM) [25%]

You will create and develop your individual I&EMM for your current, or last, organisation (details in class, week 1). The responses will be submitted, by email, to Ian Elsum prior to the class each submission week (weeks 3, 6, 9 and 11). Each week, 1 or 2 people may be asked to discuss their progress. Feedback will be provided to students after each submission. Late submissions will be penalised.

Due: Response before each week's seminar in weeks 3, 6, 9 and 11. Submission in weeks 3 (5%), 6 (5%), 9 (5%) and 11 (10%) = 25%.

Late submissions will be penalised.

Feedback: within two weeks for each response

MARKING CRITERIA

Core concepts 20% of marks available

Key terms in the topic or question are defined.

Relevant concepts, theories and frameworks are clearly described and analysed, including how terms and concepts are measured. Differences among the relevant concepts, theories and frameworks are noted and their significance, if any, explained.

Shows understanding of core concepts presented in the course.

Analysis and discussion 40% of marks available

Analysis and discussion…

…addresses the topic or question 

…is clear, succinct and logically presented

…is clearly based on a critical review of evidence, including an evaluation of any conceptual or methodological limitations

…summarises current understanding of the topic or question 

Conclusions, implications and limitations 30% of marks available

Conclusions and implications are clear and logically follow from the analysis and discussion.

Limitations of your assessment and assumptions are explained clearly.

Readability and structure 10% of marks available

Structure and written expression are clear, readable, logically consistent and conform to word-limits.

Any sources are clearly referenced throughout.

Assessment Task 2

A short-answer, take-home assignment [10%]

This assignment will help you gauge your learning of the course content form weeks 1 - 6. Answers will be submitted via Turnitin.

When: start 09:00 Wednesday 30 August; due 23:00 Wednesday 6 September, 2023.

Late submissions not permitted.

Feedback: within two weeks

MARKING CRITERIA

Core concepts 20% of marks available

Key terms in the topic or question are defined.

Relevant concepts, theories and frameworks are clearly described and analysed, including how terms and concepts are measured. Differences among the relevant concepts, theories and frameworks are noted and their significance, if any, explained.

Shows understanding of core concepts presented in the course.

Analysis and discussion 40% of marks available

Analysis and discussion…

…addresses the topic or question 

…is clear, succinct and logically presented

…is clearly based on a critical review of evidence, including an evaluation of any conceptual or methodological limitations

…summarises current understanding of the topic or question 

Conclusions, implications and limitations 30% of marks available

Conclusions and implications are clear and logically follow from the analysis and discussion.

Limitations of your assessment and assumptions are explained clearly.

Readability and structure 10% of marks available

Structure and written expression are clear, readable, logically consistent and conform to word-limits.

Any sources are clearly referenced throughout.

Assessment Task 3

Innovation or corporate entrepreneurship/intrapreneurship project - my organisation [35%]

For this assessment item, you will create and plan an innovation in your current organisation (potentially a previous employer) and deliver a major project innovation report and brief to the decision-makers.  The project could be ‘real’, that is developed and executed over the period from week 1 to the due date, or it could be ‘theoretical’, that is execution is planned but not carried out.

You can use any innovation model as part of the process.  You should aim to undertake a project around an important job-to-be-done that you have identified.  You will plan out the process and identify how you will get your project from inception to outcome.  The innovation should be relatively transformational (for the enterprise) and built around a concept that you believe will have a sizeable impact on the organisation.  This means identifying and framing the concept, detailing the testing and modifying where necessary, and then explaining how you will sell and execute the innovation.  An important part of the project is how you will manage potential positive and negative agents and impacts.

As part of the assignment, you need to write a report about the innovation, the process undertaken, execution and planned and potential outcomes.  Execution and an explanation of the implementation strategy are crucial.  Packaging, selling and taking the idea forward needs proper explanation.  Relevant theory and evidence should be incorporated to highlight and substantiate any claims. 

Report brief will be up to 1,500 words in a style suitable for reporting to a CEO or Board. 

Due: Week 9 (23:00 Sunday 8 October 2023) via Turnitin.

Late submissions will be penalised.

No penalty for exceeding the word limit by up to 20%. Submissions exceeding the word limit by more than 20% will be penalised 15% of the available marks for every additional 20% of the word limit; that is, 15% of the available marks for exceeding the word limit by 20% to 40%; 30% of the available marks for exceeding the word limit by 40% to 60%; etc.

Feedback: within two weeks

MARKING CRITERIA

Core concepts 20% of marks available

Key terms in the topic or question are defined.

Relevant concepts, theories and frameworks are clearly described and analysed, including how terms and concepts are measured. Differences among the relevant concepts, theories and frameworks are noted and their significance, if any, explained.

Shows understanding of core concepts presented in the course.

Analysis and discussion 40% of marks available

Analysis and discussion…

…addresses the topic or question 

…is clear, succinct and logically presented

…is clearly based on a critical review of evidence, including an evaluation of any conceptual or methodological limitations

…summarises current understanding of the topic or question 

Conclusions, implications and limitations 30% of marks available

Conclusions and implications are clear and logically follow from the analysis and discussion.

Limitations of your assessment and assumptions are explained clearly.

Readability and structure 10% of marks available

Structure and written expression are clear, readable, logically consistent and conform to word-limits.

Any sources are clearly referenced throughout.

Assessment Task 4

Case Analysis [30%]

The case analysis will cover content from the whole course. 

The case requires an analysis of theory and practice as it applies to a real-world challenge. 

Some questions and tasks will be set as a guide for your analysis.

Length: 1250 words

Due: 5pm, Monday 6 November 2023, via Turnitin.

Late submissions will be penalised.

No penalty for exceeding the word limit by up to 20%.  Submissions exceeding the word limit by more than 20% will be penalised 15% of the available marks for every additional 20% of the word limit; that is, 15% of the available marks for exceeding the word limit by 20% to 40%; 30% of the available marks for exceeding the word limit by 40% to 60%; etc.

Feedback: after the release of results

MARKING CRITERIA

Core concepts 20% of marks available

Key terms in the topic or question are defined.

Relevant concepts, theories and frameworks are clearly described and analysed, including how terms and concepts are measured. Differences among the relevant concepts, theories and frameworks are noted and their significance, if any, explained.

Shows understanding of core concepts presented in the course.

Analysis and discussion 40% of marks available

Analysis and discussion…

…addresses the topic or question 

…is clear, succinct and logically presented

…is clearly based on a critical review of evidence, including an evaluation of any conceptual or methodological limitations

…summarises current understanding of the topic or question 

Conclusions, implications and limitations 30% of marks available

Conclusions and implications are clear and logically follow from the analysis and discussion.

Limitations of your assessment and assumptions are explained clearly.

Readability and structure 10% of marks available

Structure and written expression are clear, readable, logically consistent and conform to word-limits.

Any sources are clearly referenced throughout.

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

Late submission of assessment tasks without an extension are penalised at the rate of 5% of the possible marks available per working day or part thereof. Late submission of assessment tasks is not accepted after 10 working days after the due date, or on or after the date specified in the course outline for the return of the assessment item. Late submission is not accepted for take-home examinations.

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

All assignments will be marked and where appropriate feedback will be provided either: in class, or in person by appointment with a course lecturer, or via the course Wattle site.

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

You are allowed to resubmit your assignments before the specific deadlines where specified for each assessment item.

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