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Module Specifications..

Current Academic Year 2023 - 2024

Please note that this information is subject to change.

Module Title Innovation & Entrepreneurship
Module Code EF574
School DCUBS
Module Co-ordinatorSemester 1: Henrique Machado Barros
Semester 2: Henrique Machado Barros
Autumn: Henrique Machado Barros
Module TeachersColm O'Gorman
Roisin Lyons
Henrique Machado Barros
NFQ level 9 Credit Rating 5
Pre-requisite None
Co-requisite None
Compatibles None
Incompatibles None
Submission of a written case study analysis

The purpose of this module is to introduce students to the new venture creation process and to business planning in the context of new ventures. The module explores innovations as they occur through new venture creation. The module examines models of the new venture creation process and the growth of new ventures. This requires an understanding of how entrepreneurs identify or discover opportunities; how they amass the resources needed to start a new business; and how they manage in the context of a new or growing business. The module is delivered through lectures. Students will discuss case studies of entrepreneurs, new businesses and high growth businesses during lectures. Students are required to identify a new business opportunity and to prepare a 'business pitch' for the new venture opportunity.

Learning Outcomes

1. Discuss the origins and growth of new ventures.
2. Explain the issues to be considered in managing a new business opportunity.
3. Identify a new business opportunity.
4. Assess the commercial feasibility of a new business opportunity.
5. Develop a comprehensive business pitch for a new business opportunity.
6. Argue in favour of a new business opportunity.

Workload Full-time hours per semester
Type Hours Description
Assignment Completion26Pitch
Assignment Completion35Essay
Independent Study20Case Study Preparation
Independent Study20Readings - assigned
Total Workload: 125

All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml

Indicative Content and Learning Activities

New business opportunities
Exploring the sources of new venture opportunities and how entrepreneurs discover and create new opportunities.

How an entrepreneurs traits and characteristics shape the new firm. Why start a business?

The new venture creation process
The new venture creation process. Challenges in starting a new business. Exploring how entrepreneurs overcome the challeneges in starting new firms.

Business plans, the Business Model Canvas, Lean start-Ups
The role and structure of business plans.

Fianancing new ventures
The financing of ideas and the financing of new businesses. Valuing new businesses. Preparing financial projections.

Venture capital
Venture capital as source of funding

High growth new firms
The internal and external determinants of growth.

Entrepreneurship policy
Entrepreneurship in Ireland

Assessment Breakdown
Continuous Assessment100% Examination Weight0%
Course Work Breakdown
TypeDescription% of totalAssessment Date
Practical/skills evaluationEssay incorporating case analysis67%Every Week
PresentationBusiness Opportunity Pitch33%Week 10
Reassessment Requirement Type
Resit arrangements are explained by the following categories;
1 = A resit is available for all components of the module
2 = No resit is available for 100% continuous assessment module
3 = No resit is available for the continuous assessment component
This module is category 1
Indicative Reading List

    Other Resources

    56113, Website, 0, Government Website for New Firms, www.basis.ie, 56114, Website, 0, Enterprise Ireland, www.enterprise-ireland.com, 56115, Website, 0, City and County Enterprise Boards, www.enterpriseboards.ie,
    Programme or List of Programmes
    MSIIMSc in Management (Insights & Innovation
    Date of Last Revision31-MAY-10

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