University of Technology Sydney

81516 Initiatives and Entrepreneurship

Warning: The information on this page is indicative. The subject outline for a particular session, location and mode of offering is the authoritative source of all information about the subject for that offering. Required texts, recommended texts and references in particular are likely to change. Students will be provided with a subject outline once they enrol in the subject.

Subject handbook information prior to 2021 is available in the Archives.

UTS: Creative Intelligence and Innovation: Transdisciplinary Innovation
Credit points: 8 cp
Result type: Grade and marks

Requisite(s): 81515 Leading Innovation
There are course requisites for this subject. See access conditions.

Description

This subject explores the traits and skills that are required to be 'entrepreneurial' in different professional contexts, ranging from tech- or social-start-ups, to intrapreneuring in public or private sector organisations, and academic, arts and/or science contexts. This subject takes students on an entrepreneurial journey, and results in high quality initiatives that provide value for different stakeholders (investors, customers, broader community, etc.) aligned with students' personal drivers, talents, and values. The journey includes shaping initiatives, experimenting, and communicating potential value to different stakeholders in the 'playing field', in order to get feedback, and make decisions about whether to pivot, persevere or abandon entrepreneurial ideas. Furthermore, in this subject students reflect on the role and impact of entrepreneurial initiatives within the playing field and the broader social and economical systems, including considerations about ethics, idea ownership and impact.

Subject learning objectives (SLOs)

Upon successful completion of this subject students should be able to:

1. Shape creative ideas into initiatives that create value for different stakeholders and align with specific social, cultural, economic and regulatory contexts.
2. Test value and impact of an entrepreneurial idea through experimentation and engagement with stakeholders and experts
3. Effectively communicate an entrepreneurial idea to diverse audiences and adapt your approach based on feedback.
4. Critically reflect upon entrepreneurial practices and issues and articulate your own position within the entrepreneurial 'playing field'

Course intended learning outcomes (CILOs)

This subject contributes specifically to the development of the following course intended learning outcomes:

  • Examine, articulate and appreciate the speculative or actual value of outcomes for different stakeholders, communities or cultures over time (CII.2.6)
  • Identify significant issues, challenges or opportunities and assess potential to act creatively on them (CII.4.1)
  • Imagine and design initiatives within existing organisational structures (intrapreneurship) or by building a new context (entrepreneurship) (CII.5.1)
  • Explore and articulate the transformation required to create and implement innovation, with sensitivity to the creative destruction that this requires (CII.5.2)
  • Identify required capabilities for realising an idea and create a venture team to achieve the aspirations of a particular innovation (CII.5.3)
  • Communicate confidently and with diplomacy to influence essential stakeholders or decision makers and to achieve impact (CII.5.4)

Contribution to the development of graduate attributes

This subject contributes to the students’ development of the following BCII course intended learning outcomes (CILOs):

CILO 2.6 Examine, articulate and appreciate the speculative or actual value of outcomes for different stakeholders, communities or cultures over time

CILO 4.1 Identify significant issues, challenges or opportunities and assess potential to act creatively on them

CILO 5.1 Imagine and design initiatives within existing organisational structures (intrapreneurship) or by building a new context (entrepreneurship)

CILO 5.2 Explore and articulate the transformation required to create and implement innovation, with sensitivity to the creative destruction that this requires

CILO 5.3 Identify required capabilities for realising an idea and create a venture team to achieve the aspirations of a particular innovation

CILO 5.4 Communicate confidently and with diplomacy to influence essential stakeholders or decision makers and to achieve impact

Teaching and learning strategies

UTS Staff, peers and invited entrepreneurs and experts will give formative feedback continually and as part of formal mutual learning sessions as students develop their initiatives. Some sessions will run via Zoom, and to log into these sessions students must be logged into Zoom via their UTS student account - instructions for this can be found on the Canvas site.

Learning will take place in a collaborative, immersive and experiential environment. Each student's entrepreneurial journey will be different, so a blended learning approach will be supported to enable students to pursue an idiosyncratic learning journey. A key learning strategy is ‘learning by doing’, whereby each student will engage with an entrepreneurial initiative which they aspire to launch as a real enterprise or project, with learning occurring as they enact the entrepreneurial initiative. We encourage students to scaffold previous entrepreneurial thinking by iterating previous student startups or initiatives. Students who discover their initiative does not have service / product / market fit or is otherwise unfeasible or undesirable, they will be encouraged to pivot at the point where this learning occurs.

Students will be encouraged to collaborate with industry partners and stakeholders in an ethical way as they develop their initiatives. The learning is a form of 'work-integrated-learning', where students will inhabit a liminal space between the university and real world industry contexts as they engage in entrepreneurial work.

The entrepreneurial journey is a process of experimentation, following an iterative trial and error approach. Formal and informal virtual workshops and learning experiences will be facilitated to support students' learning. To immerse students in this experience, we provide a series of frameworks to support the learning journeys of individual students and teams to suit their individual needs. In addition, the subject has been designed with self-guided modules that are complimented with expert-in-residence coaching from the teaching team, and regular virtual standups to enable mutual learning and support across students.

All communication between faculty and students is to be via MS teams to enable mutual learning across the cohort. UTS Staff, peers and invited entrepreneurs and experts will give formative feedback continually and as part of formal mutual learning sessions as students develop their initiatives. Some sessions will run via Zoom, and to log into these sessions students must be logged into Zoom via their UTS student account - instructions for this can be found on the Canvas site.

Content (topics)

  • Entrepreneurial skills, traits and mindsets
  • The entrepreneurial journey
  • The complexity of the social and economic context of entrepreneurship

Assessment

Assessment task 1: Experimentation, adaptability and resilience

Intent:

A detailed assessment Brief outlining specific requirements for each assessment task will be available in UTSOnline. Ensure you consult these briefs before you undertake the assessment tasks.

Objective(s):

This assessment task addresses the following subject learning objectives:

2 and 3

This assessment task contributes to the development of course intended learning outcome(s):

CII.2.6, CII.4.1 and CII.5.4

Type: Portfolio
Groupwork: Group, group and individually assessed
Weight: 30%

Assessment task 2: DemoDay: Dialogue and interaction

Intent:

A detailed assessment Brief outlining specific requirements for each assessment task will be available in UTSOnline. Ensure you consult these briefs before you undertake the assessment tasks.

Objective(s):

This assessment task addresses the following subject learning objectives:

1, 2 and 3

This assessment task contributes to the development of course intended learning outcome(s):

CII.2.6 and CII.5.2

Type: Demonstration
Groupwork: Group, group and individually assessed
Weight: 30%

Assessment task 3: Your entrepreneurial journey

Intent:

A detailed assessment Brief outlining specific requirements for each assessment task will be available in UTSOnline. Ensure you consult these briefs before you undertake the assessment tasks.

Objective(s):

This assessment task addresses the following subject learning objectives:

4

This assessment task contributes to the development of course intended learning outcome(s):

CII.5.1 and CII.5.3

Type: Reflection
Groupwork: Individual
Weight: 40%

Required texts

Recommended and required resources will be provided via UTS Canvas

Recommended texts

Recommended and required resources will be provided via UTS Canvas