Course Title: Entrepreneurship and New Ventures

Part A: Course Overview

Course Title: Entrepreneurship and New Ventures

Credit Points: 12

Course Code	Campus	Career	School	Learning Mode	Teaching Period(s)
BUSM1316	City Campus	Undergraduate	630H Management	Face-to-Face	Sem 1 2006, Sem 1 2007, Sem 1 2008

Course Coordinator: Dr David Gilbert

Course Coordinator Phone: +61 3 9925 5196

Course Coordinator Email:david.gilbert@rmit.edu.au

Course Coordinator Availability: Via e-mail

Pre-requisite Courses and Assumed Knowledge and Capabilities

None

Course Description

This course is designed for the new student in entrepreneurship to understand the relationship between entrepreneurship and new ventures. The course examines how new ventures influence and are influenced by socio-economic environments and shows how not all new ventures are entrepreneurship while simultaneously not all entrepreneurship is new ventures. The course then focuses on the organisation and adopts a resource based view of the firm. Through this approach the student examines what it is an entrepreneur builds through new ventures and how the new venture resources reflect the strategy of the entrepreneur to capture and/or defend a social and/or market position. In parallel, the course considers the stories of both current day local entrepreneurs through class presentations and, current day international entrepreneurs who present their stories through electronic recordings, to show how entrepreneurs actually utilise the theory, either consciously or unconsciously, in creating and building new ventures.

Objectives/Learning Outcomes/Capability Development

Capabilities developed in this course are designed to underpin and complement the work covered concurrently in units The Entrepreneurial Process and Marketing for Entrepreneurs. This includes being able to:

• Question, listen, critically analyse, and display appropriate communication skills, both as individuals and in groups, whilst working with entrepreneurs;
• Undertake research using a number of approaches including interviews, analyse results and present findings as an authoritative report or case study;
• Observe a range of enterprising capabilities;
• Become accustomed to dealing with group dynamics.

The objectives of this course are designed to underpin and complement the work covered concurrently in units The Entrepreneurial Process and Marketing for Entrepreneurs.

On completion of Entrepreneurship and New Ventures students will be able to:
• Define and understand how, in theory, new ventures are related to entrepreneurship
• Define the types of resources an entrepreneur acquires and/or builds for a new venture
• Define the relationship between alternate strategies and the types of resources new ventures require to execute upon a given strategy.
• Gain knowledge and insights from real life situations and show an understanding of what people actually do as entrepreneurs and their varying strategic choices and decision-making influences;

Overview of Learning Activities

The course will involve a variety of learning activities which may include, face-to-face lectures, tutorials and workshops, case studies and guest lectures from practising entrepreneurs

Overview of Learning Resources

Prescribed Text/s
Students will need to acquire the prescribed Textbook for this course.
Use of DLS
Students also have access to course materials and additional readings on the DLS website via the course Blackboards including external internet links and access to RMIT Library on-line and hard-copy resources.
Other references
A list of other references will be made available on the DLS.

Overview of Assessment

Overview
A range of assessment will be undertaken in this course that may involve examinations, mini-quizzes, essays, business reports, case study analysis, presentations and participation.

Please use the RMIT Business referencing guidelines document for report style found at http://mams.rmit.edu.au/s9sx559hurvc.rtf

Course grades available
Assessment uses the following percentage scale. Your marks may be scaled

Grade Score %
HD High Distinction 80 - 100
D Distinction 70 - 79
CR Credit 60 - 69
P Pass 50 - 59
NN Fail 0 - 49

Academic integrity and plagiarism
RMIT policies concerning academic integrity and plagiarism apply to students in this course. For more details see http://www.rmit.edu.au/academic-policy/assessment_policies

As well, note further requirements in Part B of the Course Overview.