Course Outline

MGT731 Entrepreneurship and Business Model Innovation

Course Coordinator:Vikki Schaffer (vschaffe@usc.edu.au) School:School of Business and Creative Industries

2024Session 1

UniSC Sunshine Coast

UniSC Moreton Bay

Blended learning Most of your course is on campus but you may be able to do some components of this course online.

Online

Online You can do this course without coming onto campus.

Please go to usc.edu.au for up to date information on the
teaching sessions and campuses where this course is usually offered.

What is this course about?

Description

Increasing customer expectations, emerging technologies and agile competitors drive businesses to explore approaches to retain and sustain a competitive advantage and capitalise on new opportunities. In response, this course links to  entrepreneurship to take a practical approach to business model innovation, covering various existing and emerging business models, the linking to SDGs and integration and evaluation for innovative model design.

How will this course be delivered?

Activity Hours Beginning Week Frequency
Blended learning
Learning materials – Interactive online learning activities. 2hrs Week 1 6 times
Tutorial/Workshop 1 – Scheduled face to face workshops. 3hrs Week 1 6 times
Information session – Assessment task Information and Q&A sessions 1hr Refer to Format 2 times
Online
Learning materials – Interactive online learning activities. 2hrs Week 1 6 times
Tutorial/Workshop 1 – Scheduled online workshops 3hrs Week 1 6 times
Information session – Assessment task information and Q&A sessions 1hr Refer to Format 2 times

Course Topics

  • Business Model Frameworks
  • Exploring business model innovation
  • Sustainable development goals and business model innovation
  • Disruptive Innovation
  • Creating value through business model innovation
  • Business model ecosystems
  • Entrepreneurial influences on business model innovation
  • Market-driven business model innovation
  • Technology-driven business model innovation
  • Operations-driven business model innovation
  • Platform based business models
  • Open innovation

What level is this course?

700 Level (Specialised)

Demonstrating a specialised body of knowledge and set of skills for professional practice or further learning. Advanced application of knowledge and skills in unfamiliar contexts.

What is the unit value of this course?

12 units

How does this course contribute to my learning?

Course Learning Outcomes On successful completion of this course, you should be able to... Graduate Qualities Mapping Completing these tasks successfully will contribute to you becoming... Professional Standard Mapping * Association to Advance Collegiate Schools of Business
1 Evaluation of organisational issues effectively presented, shared and communicated in a business context. Knowledgeable
PC1, PC1.1, PC1.3
2 Capacity to develop and articulate advanced arguments which are informed and grounded to arrive at insights into an area of interest. Knowledgeable
PC3.1, PC6.2
3 Demonstrate critical and creative thinking to identify and solve business problems and arrive at innovative solutions. Creative and critical thinker
PC3, PC3.1
4 Development of organisation and structure of written content in digital and written formats Empowered
PC1
5 Develop recommendations to ensure the sustainability of the suggested initiatives and to improve the entrepreneurial climate within an organisation. Sustainability-focussed
PC4, PC4.1

* Competencies by Professional Body

CODE COMPETENCY
Association to Advance Collegiate Schools of Business
PC1 Communication
PC1.1 Written Communication
PC1.3 Digital Literacy
PC3 Creative and Critical Thinking
PC3.1 Problem Solving
PC4 Community Consciousness
PC4.1 Social Responsibility and Sustainability
PC6.2 Discipline Knowledge

Am I eligible to enrol in this course?

Refer to the UniSC Glossary of terms for definitions of “pre-requisites, co-requisites and anti-requisites”.

Pre-requisites

Enrolled in any PGRD Program

Co-requisites

Not applicable

Anti-requisites

Not applicable

Specific assumed prior knowledge and skills (where applicable)

Management Experience.

How am I going to be assessed?

Grading Scale

Standard Grading (GRD)

High Distinction (HD), Distinction (DN), Credit (CR), Pass (PS), Fail (FL).

Details of early feedback on progress

Students are expected to actively participate in workshop discussions. Formative feedback can be received from teaching staff and peers on a regular basis. 

Assessment tasks

Delivery mode Task No. Assessment Product Individual or Group Weighting % What is the duration / length? When should I submit? Where should I submit it?
All 1 Oral and Written Piece Individual 45%
approx. 2500 words
Week 3 Online Assignment Submission with plagiarism check
All 2 Case Study Individual 55%
approx. 3,500 words
Week 7 Online Assignment Submission with plagiarism check
All - Assessment Task 1:Case Study: Sustainable BMC
Goal:
To analyse innovation and sustainability in an existing business by completing a sustainable business model canvas and linking to relevant sustainable development goal/s (SDG) using an innovative presentation approach.
Product: Oral and Written Piece
Format:
Verbal presentation (video) + PPT slides and SBMC
Criteria:
No. Learning Outcome assessed
1
Evaluation of organisational issues related to innovation and sustainability and effectively present, share and communicate findings in a business context.
1
2
Demonstration of critical and creative thinking to identify and solve business problems and arrive at innovative, sustainable solutions.
3
3
Developing relevant organisation and structure in digital, written (SBMC and PPT) and verbal formats.
4
4
Advancing the articulation of informed and grounded arguments to derive insight in sustainable business model innovation using a SBMC.
All - Assessment Task 2:Entrepreneurship, innovation and sustainable BMs
Goal:
The task goal is to analyse existing and make recommendations for, the design and proposal of an innovative BM that links to entrepreneurship and sustainability.
Product: Case Study
Format:
Report directed to an industry audience.
Criteria:
No. Learning Outcome assessed
1
Develop and articulate advanced arguments which are informed and grounded in course related content and academic theory to arrive at relevant insights involving sustainable, innovative BM innovation in an entrepreneurial context.
2
2
Demonstrate critical and creative thinking to identify innovative, sustainability-focused solutions that connect to the sustainable development goals (SDGs).
3
3
Develop relevant, innovative organisation and structure in a written content with effective referencing of information sources within the body of the report and reference list using Harvard referencing style.
4
4
Develop recommendations to ensure the sustainability of the suggested approach to foster entrepreneurship in business.
5

Directed study hours

A 12-unit course will have total of 150 learning hours which will include directed study hours (including online if required), self-directed learning and completion of assessable tasks. Student workload is calculated at 12.5 learning hours per one unit.

What resources do I need to undertake this course?

Please note: Course information, including specific information of recommended readings, learning activities, resources, weekly readings, etc. are available on the course Canvas site– Please log in as soon as possible.

Prescribed text(s) or course reader

There are no required/recommended resources for this course.

Specific requirements

Not applicable

How are risks managed in this course?

Health and safety risks for this course have been assessed as low. It is your responsibility to review course material, search online, discuss with lecturers and peers and understand the health and safety risks associated with your specific course of study and to familiarise yourself with the University’s general health and safety principles by reviewing the online induction training for students, and following the instructions of the University staff.

What administrative information is relevant to this course?

Assessment: Academic Integrity

Academic integrity is the ethical standard of university participation.  It ensures that students graduate as a result of proving they are competent in their discipline.  This is integral in maintaining the value of academic qualifications. Each industry has expectations and standards of the skills and knowledge within that discipline and these are reflected in assessment.

Academic integrity means that you do not engage in any activity that is considered to be academic fraud; including plagiarism, collusion or outsourcing any part of any assessment item to any other person.  You are expected to be honest and ethical by completing all work yourself and indicating in your work which ideas and information were developed by you and which were taken from others. You cannot provide your assessment work to others. You are also expected to provide evidence of wide and critical reading, usually by using appropriate academic references.

In order to minimise incidents of academic fraud, this course may require that some of its assessment tasks, when submitted to Canvas, are electronically checked through Turnitin.  This software allows for text comparisons to be made between your submitted assessment item and all other work to which Turnitin has access.

Assessment: Additional Requirements

Eligibility for Supplementary Assessment

Your eligibility for supplementary assessment in a course is dependent of the following conditions applying:

The final mark is in the percentage range 47% to 49.4%
The course is graded using the Standard Grading scale
You have not failed an assessment task in the course due to academic misconduct

Assessment: Submission penalties

Late submission of assessment tasks may be penalised at the following maximum rate: 
- 5% (of the assessment task's identified value) per day for the first two days from the date identified as the due date for the assessment task. 
- 10% (of the assessment task's identified value) for the third day - 20% (of the assessment task's identified value) for the fourth day and subsequent days up to and including seven days from the date identified as the due date for the assessment task. 
- A result of zero is awarded for an assessment task submitted after seven days from the date identified as the due date for the assessment task. Weekdays and weekends are included in the calculation of days late. To request an extension you must contact your course coordinator to negotiate an outcome.

SafeUniSC

UniSC is committed to a culture of respect and providing a safe and supportive environment for all members of our community. For immediate assistance on campus contact SafeUniSC by phone: 07 5430 1168 or using the SafeZone app. For general enquires contact the SafeUniSC team by phone 07 5456 3864 or email safe@usc.edu.au.

The SafeUniSC Specialist Service is a Student Wellbeing service that provides free and confidential support to students who may have experienced or observed behaviour that could cause fear, offence or trauma. To contact the service call 07 5430 1226 or email studentwellbeing@usc.edu.au.

Study help

For help with course-specific advice, for example what information to include in your assessment, you should first contact your tutor, then your course coordinator, if needed.

If you require additional assistance, the Learning Advisers are trained professionals who are ready to help you develop a wide range of academic skills. Visit the Learning Advisers web page for more information, or contact Student Central for further assistance: +61 7 5430 2890 or studentcentral@usc.edu.au.

Wellbeing Services

Student Wellbeing provide free and confidential counselling on a wide range of personal, academic, social and psychological matters, to foster positive mental health and wellbeing for your academic success.

To book a confidential appointment go to Student Hub, email studentwellbeing@usc.edu.au or call 07 5430 1226.

AccessAbility Services

Ability Advisers ensure equal access to all aspects of university life. If your studies are affected by a disability, learning disorder mental health issue, injury or illness, or you are a primary carer for someone with a disability or who is considered frail and aged, AccessAbility Services can provide access to appropriate reasonable adjustments and practical advice about the support and facilities available to you throughout the University.

To book a confidential appointment go to Student Hub, email AccessAbility@usc.edu.au or call 07 5430 2890.

Links to relevant University policy and procedures

For more information on Academic Learning & Teaching categories including:

  • Assessment: Courses and Coursework Programs
  • Review of Assessment and Final Grades
  • Supplementary Assessment
  • Central Examinations
  • Deferred Examinations
  • Student Conduct
  • Students with a Disability

For more information, visit https://www.usc.edu.au/explore/policies-and-procedures#academic-learning-and-teaching

Student Charter

UniSC is committed to excellence in teaching, research and engagement in an environment that is inclusive, inspiring, safe and respectful. The Student Charter sets out what students can expect from the University, and what in turn is expected of students, to achieve these outcomes.

General Enquiries

  • In person:
    • UniSC Sunshine Coast - Student Central, Ground Floor, Building C, 90 Sippy Downs Drive, Sippy Downs
    • UniSC Moreton Bay - Service Centre, Ground Floor, Foundation Building, Gympie Road, Petrie
    • UniSC SouthBank - Student Central, Building A4 (SW1), 52 Merivale Street, South Brisbane
    • UniSC Gympie - Student Central, 71 Cartwright Road, Gympie
    • UniSC Fraser Coast - Student Central, Student Central, Building A, 161 Old Maryborough Rd, Hervey Bay
    • UniSC Caboolture - Student Central, Level 1 Building J, Cnr Manley and Tallon Street, Caboolture
  • Tel:+61 7 5430 2890
  • Email:studentcentral@usc.edu.au