Module: Innovation & Entrepreneurship

Module Specifications.

Current Academic Year 2024 - 2025

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Date posted: September 2024

Module Title	Innovation & Entrepreneurship
Module Code	EF574 (ITS) / ENI1008 (Banner)
Faculty	DCU Business School	School	DCU Business School
Module Co-ordinator	Henrique Machado Barros
Module Teachers	Colm O'Gorman, Nuala Lonergan
NFQ level	9	Credit Rating	5
Pre-requisite	Not Available
Co-requisite	Not Available
Compatibles	Not Available
Incompatibles	Not Available

None
Submission of a written case study analysis

Description

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.

*Type*	*Hours*	*Description*
Workload	Full-time hours per semester
Lecture	24	Lecture
Assignment Completion	26	Pitch
Assignment Completion	35	Essay
Independent Study	20	Case Study Preparation
Independent Study	20	Readings - 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.

Entrepreneurs
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 Assessment	100%	Examination Weight	0%

Type	Description	% of total	Assessment Date
Course Work Breakdown
Practical/skills evaluation	Essay incorporating case analysis	67%	Every Week
Presentation	Business Opportunity Pitch	33%	Week 10

Reassessment Requirement Type
Resit arrangements are explained by the following categories: Resit category 1: A resit is available for both* components of the module. Resit category 2: No resit is available for a 100% continuous assessment module. Resit category 3: No resit is available for the continuous assessment component where there is a continuous assessment and examination element.
* ‘Both’ is used in the context of the module having a Continuous Assessment/Examination split; where the module is 100% continuous assessment, there will also be a resit of the assessment
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,