University of Technology Sydney

94658 Evaluating Portfolios of Innovative Opportunities

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

Note

This subject was previously called Innovation and Entrepreneurship Studio C.

Description

This subject explores the funding ecosystem and processes by which portfolios of opportunities within the funding ecosystem are sourced and evaluated. People in such roles include, but are not exclusive to, venture capitalists, R&D managers, impact investors, and serial entrepreneurs, who need to weigh out each option in the context of the set of available opportunities.

While these resource providers are usually the most significant stakeholders, an early stage entrepreneur can have understanding; through role playing and gaining deep domain knowledge, the funding ecosystem is clarified. Entrepreneurs often misunderstand their perspective leading to a less optimal outcome for innovation overall. To understand the process of portfolio-level decision making, this subject turns the tables, and puts students in the shoes of all the roles involved in the funding process, to provide valuable insights into areas critical for successful and sustained innovative initiatives, such as due diligence, capitalisation tables, term sheets, and exits.

Subject learning objectives (SLOs)

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

1. Interpret and communicate analysis of quantitative and qualitative data to support decisions for expanding an early stage enterprise/initiative.
2. Explore different methods and mentalities for stimulating creativity, innovation and scalability in teams and/or organisations.
3. Identify and deal with barriers and enablers of innovation and transformation across organisations, networks, and/or systems with sensitivity to social and cultural dynamics.
4. Assemble a multidisciplinary team to support the expansion of an early stage enterprise/initiative.
5. Identify opportunities for innovation and develop strategies to persuade and support people to innovate.
6. Communicate the mission of an emerging enterprise/initiative and the value proposition of its products and services using a range of 'voices' that are appropriate to different audiences.

Course intended learning outcomes (CILOs)

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

  • Select and use a range of appropriate data, tools, techniques, technologies and methods creatively and critically in multidisciplinary teams to discover, investigate, design, produce and communicate ideas or artefacts. (3.3)
  • Articulate often-complex ideas simply, succinctly and compellingly to a diverse team or multiple types of audiences (3.4)
  • Design and develop ideas, strategies and practices for betterment that engage with and respond respectfully, generatively and analytically to different ways of knowing across community and cultural contexts (4.2)
  • Make decisions that engage ethically and sensitively with the values of particular groups, communities, organisations or cultures (4.4)
  • Exercise good judgment in knowing when to take a leadership role, and when to enable leadership by others to address community, organisational or cultural issues, challenges and opportunities through innovation (4.5)
  • Communicate confidently and with diplomacy to influence essential stakeholders or decision makers and to achieve impact (5.4)

Contribution to the development of graduate attributes

This subject contributes to the following course intended learning outcomes:

Use a range of appropriate data, tools, techniques, technologies and methods creatively and critically in multi-disciplinary teams to discover, investigate, design, produce and communicate ideas or artefacts (CILO 3.3).

Articulate often-complex ideas simply, succinctly and persuasively to a diverse team or audience (CILO 3.4).

Make decisions that recognise the humanity of others by engaging ethically and sensitively to the values of particular groups, communities, organisations or cultures (CILO 4.4).

Exercise good judgment in knowing when to take a leadership role, and when to enable leadership by others to address community, organisational or cultural issues, challenges and opportunities through innovation (CILO 4.5).

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

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

Teaching and learning strategies

This subject will consist of six full days scheduled over 3 weeks, supplemented by online modules and activities.

Learning will take place in a collaborative, immersive, experiential, studio-based environment. Students will work with academics and professionals across a wide range of disciplines.

Content (topics)

  • Captial - VC, Angel, Limited Partners (forms of investing)
  • Capitalization tables
  • Due diligence
  • Term sheets & Exits
  • Portfolios and Platforms (management, creation and optimisation)

Assessment

Assessment task 1: Understanding your Personas

Intent:

A detailed assesment brief outlining specific requirements for each assesment task will be available in UTS Online. Please, ensure you consult these briefs before you undertake the assesment tasks.

Objective(s):

This task addresses the following subject learning objectives:

1, 3, 4 and 5

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

3.3, 4.2, 4.4 and 4.5

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

Assessment task 2: Understanding the funding ecosytem

Objective(s):

This task addresses the following subject learning objectives:

1, 2 and 6

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

3.3, 3.4 and 5.4

Type: Report
Groupwork: Group, group and individually assessed
Weight: 50%

Assessment task 3: Final presentation and submission

Objective(s):

This task addresses the following subject learning objectives:

2 and 6

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

3.4 and 5.4

Type: Presentation
Groupwork: Group, group and individually assessed
Weight: 20%

Minimum requirements

Students must attempt each assessment task in order to pass this subject.

Required texts

No required texts. Readings and other resources will be provided online.