MIT9311 Entrepreneurship and Innovation
Unit Code
MIT9311
Level
Postgraduate
Campus
Sydney
Prerequisites
None
Credit Points
10
Subject Description
MIT9311 Entrepreneurship and Innovation equips students with the knowledge and skills needed to launch and manage technology-based startups and projects. The subject covers the principles and practices of entrepreneurship, focusing on innovation, business model development, and the commercialisation of technological solutions. Students will gain a comprehensive understanding of the startup ecosystem, including funding strategies, market analysis, and product development. The subject integrates the elements of design thinking to foster creativity and user-centric problem-solving. Through a combination of lectures, practical exercises, discussions, and case studies, students will gain hands-on experience in developing technology-driven organisation’s ideas.
Course Level
Level 2
Subject Type
☒ Elective (MIT)
Study Mode: Face to face on site
Study Load: Full-time
Learning Topics
- Technology entrepreneurship and venture creation
- Product development and innovation
- Customer discovery and validation
- Intellectual property and legal structures
- Venture financing, marketing and valuation
Subject Learning Outcomes
- Demonstrate and apply thorough knowledge of the key concepts, principles and processes associated with innovation and entrepreneurship.
- Compare and apply tools of design thinking to design and evaluate IT-based solutions for real-world problems.
- Develop a business proposal and plan for an entrepreneurial IT start-up
- Analyse and produce a strategic approach to the strengths and weaknesses of a proposed entrepreneurial IT start-up.
- Professionally and effectively advocate innovative ideas and entrepreneurial proposals.
Assessment
AIIHE uses a variety of assessment tools to guide and assess each student’s achievement of the subject learning outcomes. In this subject, students undertake portfolio students will compile a portfolio that includes their work on practical exercises, class discussions, and smaller projects related to technology entrepreneurship, students will identify a potential organisational opportunity within the technology sector, and students will team up in groups to develop an innovative business model for a technology startup using design thinking principles. These tasks assess the knowledge, applied skills, critical analysis, communication and collaborative capabilities relevant to the subject.
Summary of Assessment
- Students must attempt all assessment tasks, and achieve an overall mark of at least 50%, to pass this subject.
- Assessment in this subject is consistent with and informed by the AIIHE Assessment Policy and Procedure.
| Assessment Type | Due Date | Weighting |
|---|---|---|
| Assessment 1: Portfolio | Weeks 2 to 12 | 30% |
| Individual Report Business Opportunity Evaluation | Week 6 | 30% |
| Group Report and Presentation | Week 11, 13 | 40% |
Learning Resources
AIIHE will update the topic coverage of the subject and the available relevant learning resources at the time of subject delivery. In the interim, AIIHE provides the following indicative list of relevant reference material. AIIHE also subscribes to eLearning Resources through the Canvas portal, and where relevant material is available, AIIHE will seek to source reference material from this system for staff and student access.
Prescribed Reading
- Duening, T.N., Hisrich, R.D., Lechter, M.A. (2021). Technology Entrepreneur: Taking Innovation to the Marketplace. Elsevier Academic Press.
Texts and References
- Blank, S., Dorf, B. (2020). The Startup Owner's Manual. Wiley.
- Scarborough, N., Cornwall, J., (2018), Essentials of Entrepreneurship and Small Business Management, Global Edition, 9th edn, Pearson.
- Kuratko, D., (2023), Entrepreneurship: Theory, Process, Practice, 12th edn, Cengage.