SM9552 - Entrepreneurship Theory

What will I learn on this module?

The module focuses on The Entrepreneur and the Role of the Entrepreneur in Entrepreneurship Theory.

It will develop your learning from Introduction to Entrepreneurship [insert module code] in year one. It is also the module which will help you to decide, through a process of self-analysis, whether you want to take the venture start-up pathway (2) or follow the more theoretical pathway (1).

It will increase your capacity to think on your feet and be innovative; it will develop your life-long learning skills and your self-awareness and teach strategies to develop your psychological resources, such as hope and resilience.

Additionally, you will learn you how to create and participate in action learning sets which form the bedrock of the start-up pathway, and decide whether this more experiential approach to learning is right for you.

Through this module you will learn about:

• Different conceptualisations of success in entrepreneurship
• The difference between being an entrepreneur and being enterprising
• Effectual logic versus causal logic in new venture creation
• The psychology of entrepreneurship
• Meta-cognition / self-awareness
o Motivation
o Personality
o Cognition
? Cognitive biases
o Affect
o Identity
o Psychological resources
• Tolerance of uncertainty, ambiguity, risk and failure
• Learning theory and learning styles
• How to create, lead and manage action learning sets

How will I learn on this module?

You will be supported by a Teaching and Learning Plan (TLP) which outlines the contact time in facilitated sessions (workshops) and provides details of tutor-directed and independent study/learning.

The aim of the sessions will be to introduce the relevant theory and how it can be applied in practice. This will be aided by the extensive use of case studies and examples to ensure you can see how this knowledge can be applied.
Facilitated learning opportunities will offer you the chance to apply theory. You will be encouraged to critically review your own and other student’s work which will help your development towards the achievement of the Northumbria Graduate Characteristics. You will be given space and support to allow for formative and summative assessment, as well as opportunities for self-reflection.

Facilitated sessions will include module specific sessions, action learning sets and reading group sessions. You will also be expected to engage and participate actively in self-directed team working to support your learning on this module. You will also be expected to engage and participate actively in a substantial amount of self-directed team working to support your learning on this module and to develop your capacity and confidence as an effective learner.

Directed learning will focus on pre-reading, activity based learning through specially designed exercises, and the use of the e-Learning Portal (eLP). Independent learning will be based upon your own initiative in further exploring and researching areas of interest.

How will I be supported academically on this module?

This module will be designed and managed by the designated module tutor who will be responsible for guiding you in your engagement and learning on this module. Academic guidance will be provided in facilitated sessions and via email where appropriate. All relevant instructions and notes will be accessible online and through mobile devices via the e-Learning Portal (eLP).

The module is supported by a teaching and learning plan (TLP) which outlines the formal sessions, together with the tutor-directed study and independent study and team activities. An interactive approach to facilitated learning sessions will draw upon the directed learning undertaken and your own experiences. Throughout, the emphasis will be on high levels of participation, both individually and within teams. You can therefore expect the reflective-practitioner approach to learning to be embedded in all facilitated sessions through undertaking activities which promote the application of theory to practice.

Directed learning will include a range of activities including pre-reading, preparation for facilitated sessions, use of the e-learning platform and other on-line resources, group work and individual challenges, together with reflection on these activities.

Independent learning will centre upon you identifying and pursuing areas of interest in relation to the subject area or by providing deeper/broader knowledge and understanding of the subject through a range of learning activities that might include extended reading, reflection, research etc.
Critical reflection on knowledge, experience and practice underpins the learning and teaching philosophy along with the explicit development of competence.

What will I be expected to read on this module?

All modules at Northumbria include a range of reading materials that students are expected to engage with. The reading list for this module can be found at: http://readinglists.northumbria.ac.uk
(Reading List service online guide for academic staff this containing contact details for the Reading List team – http://library.northumbria.ac.uk/readinglists)

What will I be expected to achieve?

Knowledge & Understanding:

1. You will demonstrate knowledge and evidence of critical understanding of entrepreneurship theory and underlying concepts and principles associated with analysing your entrepreneurial orientation and mindset.
2. You will demonstrate an awareness of the limitations of your knowledge and how these limitations influence your analyses and interpretations based on that knowledge.

Intellectual / Professional skills & abilities:

3. You will demonstrate the ability to use self-reflection to support changes in your own behaviour and to development your entrepreneurial mindset.
4. You will demonstrate evidence of qualities and transferable skills applied in a business and organisational context, requiring exercise of personal responsibility and decision making.

Personal Values Attributes (Global / Cultural awareness, Ethics, Curiosity) (PVA):

5. You will demonstrate an appreciation of how your own cultural and ethical values may impact on your ability to engage and work ethically, constructively and sensitively in diverse environments and teams.

How will I be assessed?

Summative assessment will be as follows:

• (40%) Individual or Small Group presentation at a trade fair stand followed by an individual 1,000-word reflection. (MLO 1,4,5)

• (60%) Written evaluation of your entrepreneurial mindset, based entrepreneurial activity, and self-assessment framework (1,500 words).
(MLO 1,2,3,4,5)

Formative assessment will be as follows:

• Feedback received from peers and academic staff on performance and evidence of conducting directed and independent learning activities in group work, assignment discussion and reflection, action learning sets, reading group sessions and other theory and practice related discussions. Criteria will be provided to enable participants to understand what is expected of them and how they will be assessed on their performance. Participants are required to demonstrate self-reflection and reflective practice.

Pre-requisite(s)

NA

Co-requisite(s)

NA

Module abstract

Whether entrepreneurial graduates aspire to employment, start-ups or self-employment, they need to be flexible and adaptable. This module will increase your capacity to think on your feet and be innovative in a global economic environment. It will also develop your life-long learning skills and your belief in your ability to succeed in specific situations or accomplish a task. Given the increasing number of graduates and a shortfall in graduate jobs available, the need to develop an entrepreneurial mindset has never been greater. In this module, you’ll develop self-awareness and clarity around your motivations, values, ambition and goals. You’ll also build confidence, resilience, self-discipline and personal organisation skills, as well as evolve your response to uncertainty, ambiguity, risk and failure. At the same time, you’ll increase your awareness of ethical, social and environmental issues. Throughout the module, we’ll encourage and support you to go beyond your perceived limitations to achieve results.

Course info

UCAS Code N155

Credits 20

Level of Study Undergraduate

Mode of Study 3 years full-time or 4 year sandwich

Department Newcastle Business School

Location City Campus, Northumbria University

City Newcastle

Start September 2024

Fee Information

Module Information

All information is accurate at the time of sharing. 

Full time Courses are primarily delivered via on-campus face to face learning but could include elements of online learning. Most courses run as planned and as promoted on our website and via our marketing materials, but if there are any substantial changes (as determined by the Competition and Markets Authority) to a course or there is the potential that course may be withdrawn, we will notify all affected applicants as soon as possible with advice and guidance regarding their options. It is also important to be aware that optional modules listed on course pages may be subject to change depending on uptake numbers each year.  

Contact time is subject to increase or decrease in line with possible restrictions imposed by the government or the University in the interest of maintaining the health and safety and wellbeing of students, staff, and visitors if this is deemed necessary in future.

 

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