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 scientific evidence, to the extent that research has utility for practice. The course aims to offer students an understanding of innovation and entrepreneurship processes by offering a variety of evidence-based tools and techniques for innovation and entrepreneurship management. The seminar content will present problems that will be explored using a variety of scholarly materials to foster critical thinking and applied learning.

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

This course will not include a final exam assignment.

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

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	Introduction to Entrepreneurship and InnovationThe seminar consists of lecture sessions, discussion questions, discussion of pre-readings, and in-class exercises.	The list of weekly pre-readings and case studies to be discussed in class will be announced on the Wattle Course Site in week 1.
2	Entrepreneurship, entrepreneurial mindset, and processesBrief history of entrepreneurship.Opportunities and entrepreneurial processes: bricolage, causation, effectuation.The seminar consists of lecture sessions, discussion questions, discussion of pre-readings, and in-class exercises.
3	Innovation: Types and sources of innovationNovelty, incremental, radical, disruptive innovation The seminar consists of lecture sessions, discussion questions, discussion of pre-readings, and in-class exercises.
4	Managing innovationRisk, portfolio, timingThe seminar consists of lecture sessions, discussion questions, discussion of pre-readings, and in-class exercises.	Assessment Due: Case Study
5	Simulation (practice)Simulation to manage disruptive innovation.The seminar consists of lecture sessions, discussion questions, discussion of pre-readings, and in-class exercises.
6	Simulation (assignment round)Simulation to manage disruptive innovation.The seminar consists of lecture sessions, discussion questions, discussion of pre-readings, and in-class exercises.
7	Ecosystems: Innovation, platforms, entrepreneurshipActors and factors influencing the rate of entrepreneurship and adoption of innovations and the concepts of entrepreneurship, platforms, and innovation ecosystems.The roles of networks, relationships, and knowledge flow.The seminar consists of lecture sessions, discussion questions, discussion of pre-readings, and in-class exercises.	Assessment Due: Simulation reflection
8	Business Models and Business Model InnovationBusiness Model Canvas as a holistic venture design tool.Different types of business models.The seminar consists of lecture sessions, discussion questions, discussion of pre-readings, and in-class exercises.
9	From idea to entrepreneurship and innovationLean startup, stage-gate, agile, and design thinking.Pitching.The seminar consists of lecture sessions, discussion questions, discussion of pre-readings, and in-class exercises.
10	Social entrepreneurship, social impact, social innovationIntroduction to social entrepreneurship and social innovation. Its emergence in the private and public sectors.The seminar consists of lecture sessions, discussion questions, discussion of pre-readings, and in-class exercises.
11	Final presentations	Assessment Due: Pitch
12	Final presentations

Tutorial Registration

Seminars consist of lecture sessions, discussion questions, discussion of pre-readings, and in-class exercises.

Assessment Summary

Assessment task	Value	Due Date	Return of assessment	Learning Outcomes
Report: Case study	20 %	12/03/2024	03/04/2024	1,2,3,4
Simulation: Essay	40 %	21/04/2024	11/05/2024	1,2,3,4,5,6
Final Presentation: Pitch	40 %	03/06/2024	27/06/2024	1,2,3,4,5,6

* 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 in line with "code of Practice for Teaching and Learning", clause 2 paragraph (b)

Examination(s)

There is no exam for this class.

Assessment Task 1

Report: Case study

Weighting: 20%

Assessment type: Individual.

Description:

Step 1:

Choose an entrepreneur or a venture that you think is entrepreneurial in an area/industry that you are passionate about. Conduct a secondary type of research (desktop), and investigate their entrepreneurial journey, potential opportunities and challenges that they drew upon throughout their entrepreneurial journey, and what the implications might be for their future trajectory. For reference, you can listen to podcasts that interview entrepreneurs as if you were conducting the interview. One such podcast that you can consider is “How I Built This, NPR”, which is a web-based resource.

Step 2:

Write up a brief case study that introduces the entrepreneur/venture and explains their journey through the entrepreneurial processes, innovation, and management concepts discussed in this course or beyond the scope of this course (based on your knowledge from your degree in general and research), and how they applied to the entrepreneur in the interview (in the Podcast). Conclude with a brief recommendation based on the concepts and theories you have learned in this course or beyond. Please note that when applying a theory, you need to briefly explain the principles of that theory or framework for the reader to understand your point of view.

Word Count:

• 1,000 words (+/- 10% tolerance*).
• *NO penalty for going over the word count, although assignments over 1,100 words will not be read and marked.
• Dot point ideas and suggestions are acceptable, and diagrams, models, and charts do not count toward the word count.

AI USE: the use of AI such as ChatGPT to generate an essay or report is not allowed as it is akin to plagiarism. Students are required to demonstrate achievement of critical, analytical, and synthesis skills in high-quality works.

Formatting: further formatting guidelines will be provided in seminars and on the course Wattle site.

Submission date: Tuesday 12 March 2024, 23:59 AEDT. Reports should be uploaded to Turnitin via the course Wattle site.

Return of assessment: written feedback in the first week of Semester break.

Marking Criteria: A detailed rubric will be made available on the course Wattle site from Week 2.

Late submissions: will receive a penalty of 5% per working day or part thereof. If you are unable to submit on time you should apply for an extension through the Research School of Management.

Assessment Task 2

Simulation: Essay

Weighting: 40%

Assessment type: Individual

Description:

This is an individual assessment that focuses on disruptive innovation based on the simulation you did in class.

Step 1:

You need to play the Back Bay Battery simulation game which Professor Christensen developed to demonstrate the dynamics of disruptive innovation. The link and details will be provided in class across two weeks.

Step 2:

After you have played the simulation, you are required to reflect on your simulation experience. Please note, that your success in the simulation will not influence your marks. However, you must draw on the concepts and theories covered in class in the weeks leading up to the simulation.

Structure:

What do you need to reflect on:

• What was the overall outcome of your simulation?
• What have you learned about managing innovation from this simulation and why?
• What were specific challenges that you faced and why?
• Can you relate these challenges to the theory of disruptive innovation?

Writing of your reflection:

Your reflection needs to be understandable by others. You can follow the aforementioned guiding questions as a structure for your reflection. You need to make sure your writing is coherent cohesive and understandable to a reader (who did not take the simulation with you). Make sure your writing is convincing, insightful, and presented professionally.

Word Count:

• 2,000 words (+/- 10% tolerance*) + Cover page. Word count does not include the reference list or appendices.
• *NO penalty for going over the word count, although assignments over 2,200 words will not be read and marked.
• Dot point ideas and suggestions are acceptable. Diagrams, models, and charts do not count toward the word count.

Formatting: further formatting guidelines will be provided in seminars and on the course Wattle site.

AI USE: the use of AI such as ChatGPT to generate an essay or report is not allowed as it is akin to plagiarism. Students are required to demonstrate achievement of critical, analytical, and synthesis skills in high-quality works.

Submission date: 21 April 2024 @ 23:59 AEST. Essays should be uploaded to Turnitin via the course Wattle site.

Marking Criteria: A detailed rubric will be made available on the course Wattle site from Week 2.

Return of assessment: written feedback will be provided in Week 10.

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 through the Research School of Management.

Assessment Task 3

Final Presentation: Pitch

Weighting: 40%

Assessment type: Group

Description:

Step 1: Preparation

• This is a group assignment.
• Student Groups of five (5), groups are asked to form themselves before or in the week 2 Seminar.
• Any remaining students will be placed in a group by the convenor at the beginning of Week 2.
• You will need to work with your group throughout the weeks to develop your final presentation.
• Approx. 30-45 minutes of the weekly sessions will be allocated to this group work and Q&A in selected weeks.

Step 2: Presentation (15 % weight)

On your selected day of presentation, you will need to identify an opportunity that can be exploited through the creation of a new venture. Pretend you are presenting this opportunity to a panel of investors. Drawing on the concepts discussed in class, you will provide an overview of the context and the size of the opportunity. You will provide your initial market entry idea and what adjustments you might make to scale up. You will need to identify the stakeholders and elements of the ecosystem that you will need/draw upon. Finally, you will need to present what you are offering to the potential investors. At least 2 members but a maximum of 3 members per group must present. If for any reason (as per ANU's policies), you cannot present, please contact the course convener at your earliest convenience.

Structure: While your presentation outline will depend on the industry of your choice, you could on some of the following areas by integrating components of the business model canvas:

• Introduction of your product/service/idea
• Analysis of the external environment, incl. stakeholders
• Description of your target customer segment
• Identification of the channels, key activities, resources, and potential partners required to deliver value to the primary customer segment/s
• Description of the pricing strategy for the venture's value proposition, including feedback from potential customers
• Your equity/investment exchange offer

Step 3: Executive Summary (25% weight)

Submission of a 5-pager executive summary on the course Wattle site. You will receive some feedback during the Q&A session of your presentation. You will need to clearly state any changes that you have made to your executive summary based on the feedback you received on your presentation. You need to make sure your writing is coherent, cohesive and understandable to a reader (who does not know anything about the opportunity you are presenting). Make sure your writing is convincing, insightful, and presented professionally.

Word Count:

Executive summary: 5-pager, no more than 2,000 words*, you can add a title page that includes your presentation title, your group members' names, and student ID.

*NO penalty for going over the word count, although assignments over 2,000 words and/or 5 pages will not be read and marked.

Presentation length: 5 minutes/group (+ ~3-5min Q&A).

Formatting: further formatting guidelines will be provided in seminars and on the course Wattle site.

AI USE: the use of AI such as ChatGPT to generate an essay or report is not allowed as it is akin to plagiarism. Students are required to demonstrate achievement of critical, analytical, and synthesis skills in high-quality works.

Submission date: for the presentation slides 12 May 2024 @ 23:55 AEST; for the Executive Summary due date: 03 June 2024 @ 23:59 AEST.

• Presentations: Each group presents during the seminar either in week 11 or week 12. This will be finalised in week 8. All non-presenting groups must attend the presentation, too and provide feedback to the presenting groups (5% of the mark). Although you will be required to present in your assigned week, the slides for all presentations must be uploaded to Turnitin via the course Wattle site (one upload per group).
• Executive summary should be uploaded to Turnitin via the course Wattle site (one upload per group).

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

Return of assessment: upon the release of the final grades on 27 June 2024.

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 through the Research School of Management.

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 through the CBE extension request portal: CBE Assessment Extension Request Form. Further information on this process can be found at https://rsm.anu.edu.au/study/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 Access 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 all ANU students