42702 Innovation and Entrepreneurship Studio
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Subject handbook information prior to 2024 is available in the Archives.
Credit points: 6 cp
Result type: Grade, no marks
Requisite(s): 42700c Professional Learning Studio OR 42030c Technology Disruptors Studio
The lower case 'c' after the subject code indicates that the subject is a corequisite. See definitions for details.
Description
In this studio, students practise entrepreneurship with the aim to innovate. Students collaborate to scope and generate an innovative solution to an identified problem. The problem can either be initiated by students, UTS staff, or industry partners. Students are expected to engage in a combination of self-directed study and project work as a team. Students also work individually to reflect on their learning process based on feedback in order to observe and become aware of the unfolding of their personal entrepreneurial attributes and motivations in the context of innovation. When presenting/pitching their innovative solutions, students are expected to use communication styles appropriate for various stakeholders.
Subject learning objectives (SLOs)
Upon successful completion of this subject students should be able to:
| 1. | Analyse the business and technical context for innovation. (B.1) |
|---|---|
| 2. | Develop a marketable innovative solution. (C.1) |
| 3. | Use different communication skills for appropriately selling innovative concepts to relevant stakeholders (e.g. board members, business angels, venture capitalists). (E.1) |
| 4. | Evaluate one’s own entrepreneurial attributes and motivations in the context of innovation. (F.1) |
Course intended learning outcomes (CILOs)
This subject also contributes specifically to the development of the following Course Intended Learning Outcomes (CILOs):
- Socially Responsible: FEIT graduates identify, engage, and influence stakeholders, and apply expert judgment establishing and managing constraints, conflicts and uncertainties within a hazards and risk framework to define system requirements and interactivity. (B.1)
- Design Oriented: FEIT graduates apply problem solving, design thinking and decision-making methodologies in new contexts or to novel problems, to explore, test, analyse and synthesise complex ideas, theories or concepts. (C.1)
- Collaborative and Communicative: FEIT graduates work as an effective member or leader of diverse teams, communicating effectively and operating autonomously within cross-disciplinary and cross-cultural contexts in the workplace. (E.1)
- Reflective: FEIT graduates critically self-review their own and others' performance with a high level of responsibility to improve and practice competently for the benefit of professional practice and society. (F.1)
Teaching and learning strategies
Students will be able to work on their projects in class and will gain access to resources outside of class time to carry on work on their tasks and with their classmates. This flexibility will allow students to meet the innovative projects’ deadlines while setting and following their own learning contracts.
Students will be involved in practiced-based projects initiated either by themselves, UTS staff or industry partners. During the project, students will receive feedback from their peers while presenting in agile sprints and set priorities based on team feedback and advice. While being mindful of their own priorities set in their learning contracts, students reflect on, and document their individual learning. The teaching staff will provide feedback and advice about their team and individual progress.
Microsoft Teams will be used to support the online collaborative class activities. Aligning with the concept of collaborative classrooms, students will be organised into groups of 3-5 members. Each group will have a private team channel in Microsoft Teams which will be used to support some of the group activities for this semester. Teaching staff will join the private team channels during the scheduled class periods to monitor progress, to give feedback, to stimulate discussion, and to enable appreciation of key concepts.
In order to make their learning more effective, and support each other, students will be expected to participate in the set activities during the scheduled time-slot for their assigned collaborative class.
Content (topics)
- Invention and innovation process
- Design and/or Systems thinking
- Entrepreneurship
- Pitching
Assessment
Assessment task 1: Individual Diagnostic and Learning Agreement
| Intent: | The Individual Diagnostic allows students to identify their preferred entrepreneur type, what motivates them to innovate and in which space. Based on the individual diagnostic, the creation of an Individual Learning Contract (ILC) allows students to identify and formalise what they want to learn and set appropriate goals for the session. |
|---|---|
| Objective(s): | This assessment task addresses the following subject learning objectives (SLOs): 4 This assessment task contributes to the development of the following Course Intended Learning Outcomes (CILOs): F.1 |
| Type: | Portfolio |
| Groupwork: | Individual |
| Weight: | 30% |
| Length: | Report: 500 to 1000 words or equivalent |
Assessment task 2: Innovative project pitch
| Intent: | To develop a marketable innovative solution and communicate its viability convincingly to investors and/or other stakeholders. |
|---|---|
| Objective(s): | This assessment task addresses the following subject learning objectives (SLOs): 1, 2 and 3 This assessment task contributes to the development of the following Course Intended Learning Outcomes (CILOs): B.1, C.1 and E.1 |
| Type: | Report |
| Groupwork: | Group, group assessed |
| Weight: | 30% |
| Length: | Report: 2000 words |
Assessment task 3: Individual Learning Contract Completion
| Intent: | On completion of the Individual Learning Contract, students demonstrate that they have achieved their learning goals. |
|---|---|
| Objective(s): | This assessment task addresses the following subject learning objectives (SLOs): 4 This assessment task contributes to the development of the following Course Intended Learning Outcomes (CILOs): F.1 |
| Type: | Portfolio |
| Groupwork: | Individual |
| Weight: | 40% |
| Length: | Report: 2000 words |
Minimum requirements
In order to pass this subject, students must attempt and pass each assessment task.
Students who do not submit all assessment tasks by the due dates may be referred to the Responsible Academic Officer under Student Rule 3.8.2, and a fail result may be recorded for this subject.