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Course profile

Innovation and Entrepreneurship in Practice (TIMS3311)

Study period
Sem 2 2024
Location
St Lucia
Attendance mode
In Person

Course overview

Study period
Semester 2, 2024 (22/07/2024 - 18/11/2024)
Study level
Undergraduate
Location
St Lucia
Attendance mode
In Person
Units
2
Administrative campus
St Lucia
Coordinating unit
Business School

This course is designed to be a capstone experience by providing students with opportunities to integrate and apply the various learnings from the Innovation and Entrepreneurship Major in different contexts. Students will do this by deepening an experiential learning journey started in previous courses in the major. This is therefore an applied course with an impact focus. Students will work individually or in teams on projects started in previous courses or totally new projects by engaging in a short placement/consulting project in a start-up, commercial partner (technology commercialisation project), incubator or accelerator (locally or international). In this way the course caters for commercial, corporate and social entrepreneurship contexts. The deep immersion experience aims to move students closer to commercially-viable solutions as well as more advanced practice and thinking around the innovation and entrepreneurial processes. Students will have the opportunity to establish valuable networks with potential partners, investors, entrepreneurs and mentors in leading local and international startup ecosystems.

This is a capstone course for the Innovation and Entrepreneurship Major and is designed to integrate and apply the learning that you have obtained throughout your major in a practical manner. It is therefore imperative that you have at least completedᅠ8 units of TIMS courses in your major before signing up for this course. The course is designed to provide you with an opportunity to experience several types of placements to allow you to make an informed decision regarding your future career paths. You will therefore be given an opportunity to work in a start-up (locally or international via enrolment in RBUS3903), with a commercial partner in a technology commercialisation project, as an entrepreneurship consultant in an incubator or accelerator. The different enrolment streams will be discussed at our first seminar.

Course requirements

Assumed background

You should have at least completedᅠ8 units of TIMS courses in your Innovation and Entrepreneurship major.

Recommended prerequisites

We recommend completing the following courses before enrolling in this one:

8 units of TIMS courses

Course contact

Course staff

Lecturer

Tutor

Timetable

The timetable for this course is available on the UQ Public Timetable.

Aims and outcomes

This course is designed to be a capstone experience by providing students with opportunities to integrate and apply the various learnings from the Innovation and Entrepreneurship Major in different contexts. Students will do this by deepening an experiential learning journey started in previous courses in the Major. This is therefore an applied course with an impact focus. Students will work individually or in teams on projects started in previous units or totally new projects by engaging in a short placement/consulting project in a start-up, commercial partner (technology commercialisation project), incubator or accelerator (locally or international). In this way the course caters for commercial, corporate and social entrepreneurship contexts. The deep immersion experience aims to move students closer to commercially-viable solutions as well as more advanced practice and thinking around the innovation and entrepreneurial processes. Students will have the opportunity to establish valuable networks with potential partners, investors, entrepreneurs and mentors in leading local and international startup ecosystems.

Learning outcomes

After successfully completing this course you should be able to:

LO1.

Build social capital by establishing networks with potential partners and investors as well as entrepreneurs and entrepreneurship mentors in startup ecosystems.

LO2.

Acquire practical skills and knowledge to develop and enhance an entrepreneurial mindset and self-efficacy through application of reflective learning.

LO3.

Apply innovation and entrepreneurship theory to the process of founding, investing and growing an early stage startup.

LO4.

Be able to clearly and effectively communicate a persuasive business case, value proposition or innovative solution to prospective customers, investors and commercial partners.

LO5.

Successfully apply discovery driven planning methods in practical settings to provide impactful validated solutions to business model innovation problems, whilst effectively working as a valued member of a high-performing diverse team which operates in a dynamic environment.

Assessment

Assessment summary

Category Assessment task Weight Due date
Presentation Project or business case proposal presentation
  • In-person
20%

6/08/2024 - 13/08/2024

Presentations will be scheduled in class time from 5PM on the two dates.

Reflection Reflective digital diary entries and critical reflection
30%

22/10/2024 4:00 pm

Project Project report or business case
50% Individual/Team

6/11/2024 2:00 pm

Assessment details

Project or business case proposal presentation

  • In-person
Mode
Oral
Category
Presentation
Weight
20%
Due date

6/08/2024 - 13/08/2024

Presentations will be scheduled in class time from 5PM on the two dates.

Other conditions
Peer assessment factor, Work integrated learning.

See the conditions definitions

Learning outcomes
L03, L04, L05

Task description

Individual or team (if WIL is based on working with own startup team) presentation of 10 minutes followed by Q&A.

  1. Identify and analyse an innovation and/or entrepreneurship issue relevant to your placement: a startup, incubator, accelerator, or business industry partner.
  2. The assessment piece must demonstrate thoughtful application of theory to innovation and entrepreneurial, or more specifically, venture creation and growth practice.
  3. The main research objective/s or question/s must be related to finding a solution to a practical problem or business model innovation issue encountered during the WIL, placement, or own venture that students want to investigate further by applying existing theories and research.
  4. You will therefore do a brief presentation to outline and explain your intended topic, objectives, methodology and/or approach as well as the expected outcomes of your major assignment piece (Report or business case). This will vary in accordance with the nature of the placement that you are undertaking. 

Please Note: The presentation will be recorded for marking purposes per UQ Policy.

 This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI) or Machine Translation (MT). Students are advised that the use of AI or MT technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

In person and slide upload to Blackboard. Please submit your presentation slides on Blackboard BEFORE you present.

Deferral or extension

You may be able to apply for an extension.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Reflective digital diary entries and critical reflection

Mode
Written
Category
Reflection
Weight
30%
Due date

22/10/2024 4:00 pm

Other conditions
Work integrated learning.

See the conditions definitions

Learning outcomes
L01, L02, L03, L05

Task description

Detailed guidance is provided on Blackboard.

The purpose of this assessment is to provide you an opportunity to reflect on your learnings and experienced during the placement experience. The reflective entries will determine how well you use acquired knowledge and attributes and your ability to face challenging work tasks. The daily diary entries form the basis for compiling a critical reflection piece. Reflection on experience is useful when learning from diverse observations, ideas and data. Reflection helps to connect new ideas with what we already know. Documenting experiences helps foster reflection, the creation of new insights, and as a result, increase learning. This essay type assignment will enable you to illustrate self-awareness, personal and professional growth, and improved innovation, entrepreneurship and startup practices.

This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI) or Machine Translation (MT). Students are advised that the use of AI or MT technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

You must post at least 5 reflective diary entries on Blackboard during the course of your placement.

Your final reflection document also has to be uploaded to Blackboard.

Deferral or extension

You may be able to apply for an extension.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Project report or business case

Mode
Written
Category
Project
Weight
50% Individual/Team
Due date

6/11/2024 2:00 pm

Other conditions
Work integrated learning.

See the conditions definitions

Learning outcomes
L01, L02, L03, L04, L05

Task description

You should consult with the course coordinator early in the semester about your proposed topic to ensure suitability. You will present your proposal for feedback in Assignment 1 (Presentation). 

Task:

Identify and analyse an innovation and/or entrepreneurship issue relevant to your placement, a startup or incubator/accelerator that you are involved with, build a business case for your own startup, or write a report for a technology commercialisation project. The assessment piece must demonstrate thoughtful application of entrepreneurship and innovation theories or more specifically, venture creation and growth practice. You must conduct research and submit an academic based paper using reviewed academic sources (for placements), write a technology commercialisation report or present a detailed business case (own startups). You must include relevant references to peer-reviewed or other acceptable academic sources such as journals, conference papers, and texts. In the case of technology commercialisation and business cases, you will have to present primary data that you have obtained via experimentation or other data gathering methods.

It is preferred that you submit work that are closely related to your placement or selected Work Integrated Learning (WIL) option. The main research objective/s or question/s should therefore be related to something that you have encountered during your placement that you want to investigate further by applying existing theories and research. You could, for example, investigate the practical validity of Sarasvathy’s Effectuation Principles and/or Process by critically discussing the application thereof to a case study (a startup that you have worked with during your placement or are currently involved with). I will provide you with an overview and supporting documentation on three entrepreneurial theories (Effectuation, Lean Startup and Design Thinking) that you could apply in various ways to your WIL experience. Just be very clear on what you want to achieve with your research report and how you would go about (research method – literature review, direct observation, ect.) uncovering insights that would enable you to answer your research questions or attain your research objectives.

This assessment task evaluates students' abilities, skills and knowledge without the aid of generative Artificial Intelligence (AI) or Machine Translation (MT). Students are advised that the use of AI or MT technologies to develop responses is strictly prohibited and may constitute student misconduct under the Student Code of Conduct.

Submission guidelines

Via Blackboard

Deferral or extension

You may be able to apply for an extension.

Late submission

A penalty of 10% of the maximum possible mark will be deducted per 24 hours from time submission is due for up to 7 days. After 7 days, you will receive a mark of 0.

Course grading

Full criteria for each grade is available in the Assessment Procedure.

Grade Cut off Percent Description
1 (Low Fail) 0 - 29

Absence of evidence of achievement of course learning outcomes.

2 (Fail) 30 - 46

Minimal evidence of achievement of course learning outcomes.

3 (Marginal Fail) 47 - 49

Demonstrated evidence of developing achievement of course learning outcomes

4 (Pass) 50 - 64

Demonstrated evidence of functional achievement of course learning outcomes.

5 (Credit) 65 - 74

Demonstrated evidence of proficient achievement of course learning outcomes.

6 (Distinction) 75 - 84

Demonstrated evidence of advanced achievement of course learning outcomes.

7 (High Distinction) 85 - 100

Demonstrated evidence of exceptional achievement of course learning outcomes.

Additional course grading information

Grades will be allocated according to University-wide standards of criterion-based assessment.

Supplementary assessment

Supplementary assessment is available for this course.

Learning resources

You'll need the following resources to successfully complete the course. We've indicated below if you need a personal copy of the reading materials or your own item.

Library resources

Find the required and recommended resources for this course on the UQ Library website.

Additional learning resources information

Due to the practical nature of the course, supplementary learning materials required will be provided on Blackboard or on an individual bases according to the requirements of the specific project and placement. No formal material is prescribed.

Learning activities

The learning activities for this course are outlined below. Learn more about the learning outcomes that apply to this course.

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Learning period Activity type Topic
Week 1
Workshop

Course Orientation Day

Learning outcomes: L02, L03, L04, L05

Week 2
Workshop

Placement selection and project topic discussion

Learning outcomes: L03

Multiple weeks

From Week 3 To Week 13

Placement

Placements

Learning outcomes: L01, L02, L03, L04, L05

Week 3
Workshop

Placement selection, feedback and topic selection

Learning outcomes: L03

Week 4
Workshop

Assessment 1: Project presentations (Presentation)

Presentation Schedule will be provided prior to the session.

Learning outcomes: L02, L03

Week 5
Workshop

Assessment 1: Project presentations (Continue)

Presentation Schedule will be provided prior to the session.

Learning outcomes: L02, L03, L04, L05

Week 8
Workshop

Project Check-in session

Learning outcomes: L02, L03, L04, L05

Mid Sem break
No student involvement (Breaks, information)

In-Semester Break

Learning outcomes: L01

Week 13
Workshop

Assessment 2: Reflective Diary Entries and Critical Reflection as well as Placement feedback and course wrap-up

Learning outcomes: L02, L03, L04, L05

Policies and procedures

University policies and procedures apply to all aspects of student life. As a UQ student, you must comply with University-wide and program-specific requirements, including the:

Learn more about UQ policies on my.UQ and the Policy and Procedure Library.

You'll also need to be aware of the following policies and procedures while completing this course: