Week
1 Assessments
By Day 1 (Thursday), submit the
Academic Integrity Declaration
By Day 1 (Thursday), submit your Personal Introduction to the Collaboration Forum
By Day 1 (Thursday), submit your Personal Introduction to the Collaboration Forum
By Day 3 (Saturday), submit your
Key Concept Exercise to Turnitin
By Day 3 (Saturday), post your
Key Concept Exercise to the Collaboration Forum
By Day 7 (Wednesday), respond to
your colleagues’ in the Collaboration Forum
Key
Concept Exercise: The rationale
Week 1 introduces you to the
broad areas of innovation and entrepreneurship, where both innovation and
entrepreneurship are important ‘ingredients’ for economies and societies to
develop. This Key Concept Exercise is designed to invite you to illustrate what
you consider to be the impact of innovation and entrepreneurship.
From both this exercise and your
interaction in the Collaboration, you will gain an appreciation of the value
these concepts deliver to society and the economy.
For this Key Concept Exercise,
you will provide a brief description of an innovation or an entrepreneurship
with which you are familiar. You will evaluate the value of this innovation and
what it has contributed to customers and businesses. You will also analyse the
value of entrepreneurship to an economy. This Key Concept Exercise is designed
to allow you to demonstrate the impact of either entrepreneurship or
innovation.
To prepare for this Key Concept
Exercise:
Read the Required Learning
Resources for Week 1.
Think about different definitions
of innovation and entrepreneurship from this week’s Learning Resources.
To complete this Key Concept
Exercise:
By
Day 3 (Saturday):
In an approximately 500-word
response, consider one of the following issues/questions:
What are the definitions of
innovation and entrepreneurship?
What is the value of this
innovation and how has it contributed to customers and businesses?
What is the value of
entrepreneurship to an economy and business practice?
By Day 3 (Saturday) submit your
Key Concept Exercise.
When writing your responses you
should synthesise the theory with real-world experience. Also use examples of
the theories in action in a real organisation about which you have read or one
in which you have worked.
Be sure to read over your Key
Concept Exercise before submitting it to your Instructor. Make sure the
spelling and grammar are correct and the language, citing and referencing you
use when providing your opinion are appropriate for academic writing.
The Key Concept Exercise for this
week is not graded, but you will receive feedback from your Instructor to help
you improve your work. Please take advantage of this opportunity to learn from
your Instructor’s feedback – give the Assignment your full effort and ask for
clarification on any feedback you do not understand.
To submit your Key Concept
Exercise to Turnitin, click the "View/Complete" link for Week 1 Key
Concept Exercise -- Turnitin - FF.
For only $30, our experts can help you get a new and
well-researched plagiarism-free paper in line with UOL standards. Please
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Collaboration:
The relationship
Think about the relationship and
value between innovation and entrepreneurship. Innovation is the
commercialisation of ideas. It is taking an invention or recognising an
opportunity and creating an outcome that will add value. Entrepreneurial
activity exists when some agents recognise the value of some resources that
other agents do not, and exploit these resources. Alvarez and Busenitz (2001)
contend that entrepreneurs have the ability to recognise opportunities and
assemble resources to exploit that opportunity.
For the Key Concept Exercise, you
were invited to explore either innovation or entrepreneurship. However, an
appreciation of both is important, not only for this module, but also for a
more holistic understanding of both concepts. Therefore, it is expected that
you will provide informed commentary on both innovation and entrepreneurship.
This week’s Collaboration will
enable you to engage with your colleagues in further exploration of the
important ideas and issues you studied in your Key Concept Exercise.
Reference:
Alvarez, S. & Busenitz, L. (2001) ‘The entrepreneurship of resource-based theory’, Journal of Management, 27, pp. 755-775.
Alvarez, S. & Busenitz, L. (2001) ‘The entrepreneurship of resource-based theory’, Journal of Management, 27, pp. 755-775.
To prepare for this
Collaboration:
Review the Required Learning
Resources and your Key Concept Exercise for Week 1.
Consider the value of both
innovation and entrepreneurship to economies within your organisation or an
organisation that you are familiar with.
To complete this Collaboration:
By Day 3 (Saturday):
Post your Key Concept Exercise
from Week 1 to the Collaboration Forum.
By Day 7 (Wednesday):
Post 3-5 replies to your
classmates’ posts in the Collaboration Forum by:
Discussing ways that innovation
has helped developing economies
Providing examples of
entrepreneurship and how it has contributed to social cohesion
Exploring how innovative
companies founded by entrepreneurs have contributed to the products and
services we enjoy today
Ensure that you spread your
Collaboration posts across at least 3 separate days of each week. This will
help maximise the value of your Collaboration with colleagues and serve to meet
the learning objectives for each activity.
To access the Collaboration
Forum, click on the "Week 1 Collaboration Forum" link.
Week
2 Assessments
By Day 3 (Saturday), submit your
Key Concept Exercise to Turnitin
By Day 3 (Saturday), post your
Key Concept Exercise to the Collaboration Forum
By Day 7 (Wednesday), respond to
your colleagues’ in the Collaboration Forum
By Day 7 (Wednesday), submit your
Individual Assignment
Key
Concept Exercise: The importance of innovation
This week’s resources have
highlighted not only the importance of innovation, but also the scope and range
of this concept.
This Key Concept Exercise is
designed to allow you to demonstrate your understanding of the value and
opportunity that innovation brings to organisations. Before embarking on this
Key Concept Exercise, please read this week’s journal articles and view the video
resource.
To prepare for this Key Concept
Exercise:
Read the Required Learning
Resources for Week 2.
Consider the importance of
innovation.
Reflect upon how innovation
applies to products and services.
To complete this Key Concept
Exercise:
By
Day 3 (Saturday):
In an approximately 500-word
response, address the following issues/questions:
Analyse the importance of
innovation for organisations.
In formulating your Key Concept
Exercise, consider the following questions:
Why it is important for organisations
to be innovative?
Why it is necessary to
acknowledge that innovation applies not only to products, but also to services
and processes?
By
Day 3 (Saturday) submit your Key Concept Exercise.
When writing your responses you
should synthesise the theory with real-world experience and use examples of the
theories in action in a real organisation about which you have read or one in
which you have worked.
Be sure to read over your Key
Concept Exercise before submitting it to your Instructor. Make sure the spelling
and grammar are correct and the language, citing and referencing you use when
providing your opinion are appropriate for academic writing.
To submit your Key Concept
Exercise to Turnitin, click the "View/Complete" link for Week 2 Key
Concept Exercise -- Turnitin.
For only $30, our experts can help you get a new and well-researched
plagiarism-free paper in line with UOL standards. Please contact us via email
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Collaboration:
The scope of innovation
This week’s Collaboration follows
from the Key Concept Exercise where you considered the importance of
innovation.
The twin subjects of this module
are innovation and entrepreneurship. Last week, you explored the importance of
both of these concepts to national economies.
For this week’s Collaboration,
you will take an internal perspective and consider the importance of
understanding the scope of innovation. In other words, why it is important to
appreciate that innovation refers to products, services and processes? You will
also reflect upon how entrepreneurs can benefit from an understanding of the
scope of the innovation concept.
To prepare for this
Collaboration:
Review the Required Learning
Resources and your Key Concept Exercise for Week 2.
Focus on the opportunities for
entrepreneurs who are able to appreciate the extent of innovation.
To complete this Collaboration:
By
Day 3 (Saturday):
Post your Key Concept Exercise
from Week 2 to the Collaboration Forum.
Think about the existing
opportunities for entrepreneurs who appreciate the extent of innovation.
By Day 7 (Wednesday):
Post 3-5 replies to your
classmates’ posts in the Collaboration Forum by:
Noting how a colleague’s examples
demonstrate the contrast between product and innovation services
Discussing ways in which your
experiences are similar or different within the scope of the innovation
Asking insightful questions about
your colleagues’ interpretations of ideas from the Learning Resources
Extending the conversation into
new but relevant areas regarding the scope of the innovation concept
Ensure that you spread your
Collaboration posts across at least 3 separate days of each week. This will
help maximise the value of your Collaboration with colleagues and serve to meet
the learning objectives for each activity.
To access the Collaboration
Forum, click on the "Week 2 Collaboration Forum" link.
Individual
Assignment: Module project: innovation and entrepreneurship
This Individual Assignment will
combine your knowledge of innovation and entrepreneurship and allow you to
demonstrate your understanding of these concepts.
The Weeks 1 and 2 readings and
overviews explored the relationship between entrepreneurship and innovation.
Importantly, in Week 2 you considered that innovation is not confined to new
products; innovation also relates to services (such as marketing and banking)
and processes (such as improved production methods or improved ways of training
employees).
For this Individual Assignment,
you will develop an idea for a new product, service or process and present a
business plan to implement this idea. This idea could be implemented by setting
up a new enterprise. Alternatively, you can choose to implement this idea as
part of an internal improvement plan within a larger entity, whereby revenues
are increased or costs reduced.
In broad terms, the Individual
Assignment is designed to allow you to demonstrate how you would commercialise
the ideas that you have developed. Commercialising an idea means that you need
to think about important matters such as: Why the idea is important? Is there a
commercial or value-adding need for the idea, and if so, what will it be? How
will you resource this idea (taking into account different types of necessary
resources), and how will the idea be implemented and monitored?
The Module Project is divided
into three submissions due in Weeks 2, 5 and 7. In the Week 2 submission, you
will provide the background to your idea, highlighting the rationale for its
implementation. By Week 5, you have a substantial piece of work to undertake.
This will form the bulk of the Module Project. In Week 5, you will detail how
this idea will be implemented. Finally, in Week 7, you will present the
financial aspect of your innovation.
To
prepare for this Individual Assignment:
Review the readings for Weeks 1
and 2, along with the Key Concept Overviews.
To complete this Individual
Assignment:
By
Day 7 (Wednesday):
Discuss the innovation that you
wish to implement.
Outline the problem or
opportunity that this innovation addresses.
Consider the commercial benefits
or value-adding consequences of this innovation.
By Day 7 (Wednesday), submit your
Individual Assignment.
Be sure to read over your
Individual Assignment before submitting it to your Instructor. Make sure the
spelling and grammar are correct and the language, citing and referencing you
use when providing your opinion are appropriate for academic writing.
This Individual Assignment is
graded. See the rubric for specific grading criteria.
To submit your Individual
Assignment to Turnitin, click on the "View/Complete" link for Week 2
Individual Assignment -- Turnitin.
Week
3 Assessments
By Day 3 (Saturday), submit your
Key Concept Exercise to Turnitin
By Day 3 (Saturday), post your
Key Concept Exercise to the Collaboration Forum
By Day 7 (Wednesday), respond to
your colleagues’ in the Collaboration Forum
Key
Concept Exercise: Sources of innovation
Drucker (1998) contends that
successful innovations are a result of a ‘conscious, purposeful search for
innovation opportunities.’ In the same article, he suggests that industry and
market changes and demographic changes represent two areas of opportunity.
For this week’s Key Concept
Exercise, you will critique the influence of industry, market and demographic
changes as sources of innovation. In addition, you will provide some current
examples where industry, market and demographic changes have been the sources
of innovative products and services.
Reference:
Drucker, P.F. (1998) ‘The discipline of innovation’, Harvard Business Review, 76 (6), pp. 149-157.
Drucker, P.F. (1998) ‘The discipline of innovation’, Harvard Business Review, 76 (6), pp. 149-157.
To prepare for this Key Concept
Exercise:
Read the Required Learning
Resources for Week 3.
Critique the influence of
industry, market and demographic changes as sources of innovation and explain
your rationale.
Consider some current examples
where industry, market and demographic changes have been the sources of
innovative products and services.
To complete this Key Concept
Exercise:
By
Day 3 (Saturday):
In an approximately 500-word
response, address the following issues/questions:
Critically analyse the sources of
innovation, both inside and outside organisations, based on this week’s
Learning Resources.
In formulating your Key Concept
Exercise, consider the following questions:
What are the sources of
innovation with which you are familiar?
What current examples of
industry, market and demographic changes have been the sources of innovative
products and services?
By
Day 3 (Saturday) submit your Key Concept Exercise.
When writing your responses you
should synthesise the theory with real-world experience and use examples of the
theories in action in a real organisation about which you have read or one in
which you have worked.
Be sure to read over your Key
Concept Exercise before submitting it to your Instructor. Make sure the
spelling and grammar are correct and the language, citing and referencing you
use when providing your opinion are appropriate for academic writing.
To submit your Key Concept
Exercise to Turnitin, click the "View/Complete" link for Week 3 Key
Concept Exercise -- Turnitin.
For only $30, our experts can help you get a new and well-researched
plagiarism-free paper in line with UOL standards. Please contact us via email
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Collaboration:
Internal and external sources of innovation
This week, you have looked at
internal and external sources of ideas that can lead to value-adding outcomes
for firms. These sources can come from customers, business relationships or
through internal idea generation.
In your Key Concept Exercise, you
considered some of these sources.
In this Collaboration, critique
the ideas submitted by your classmates in their Key Concept Exercises. In
addition, discuss to what extent businesses should rely on customer input to
guide their ideas for innovation.
To prepare for this
Collaboration:
Review the Required Learning
Resources and your Key Concept Exercise for Week 3.
To complete this Collaboration:
By
Day 3 (Saturday):
Complete the following:
Post your Key Concept Exercise
from Week 3 to the Collaboration Forum.
By Day 7 (Wednesday):
Post 3-5 replies to your
classmates’ posts in the Collaboration Forum by:
Evaluating sources of innovation
posted by your colleagues
Discussing to what extent
businesses should rely on customer input to guide their ideas for innovation
Asking insightful questions about
your colleagues’ interpretations of ideas from the Learning Resources
Extending the discussion into new
but relevant areas regarding the sources of innovation
Ensure that you spread your
Collaboration posts across at least 3 separate days of each week. This will
help maximise the value of your Collaboration with colleagues and serve to meet
the learning objectives for each activity.
To access the Collaboration
Forum, click on the "Week 3 Collaboration Forum" link.
Week
4 Assessments
By Day 3 (Saturday), submit your
Key Concept Exercise to Turnitin
By Day 3 (Saturday), post your
Key Concept Exercise to the Collaboration Forum
By Day 7 (Wednesday), respond to
your colleagues’ in the Collaboration Forum
By Day 7 (Wednesday), submit your
Personal Development Portfolio
Key Concept Exercise: Developing
an innovation strategy for small firms
In small business, particularly
those founded and managed by an entrepreneur, the founder assumes many of the
roles and responsibilities that, in larger organisations, are conducted by a
number of professionals. However, as the business grows it is important that
the entrepreneur brings into it the business people who can help him or her
develop the business.
In this week’s Key Concept
Exercise, you will evaluate the necessity for a small firm to acquire
professional help as part of its strategy for innovation-led growth.
To prepare for this Key Concept
Exercise:
Read the Required Learning
Resources for Week 4.
Consider the complexity of an
innovation strategy.
To complete this Key Concept
Exercise:
By
Day 3 (Saturday):
In an approximately 500-word
response, address the following issues/questions:
Critically analyse why it is
necessary for a small firm to acquire professional help as part of its strategy
for innovation-led growth.
In formulating your Key Concept
Exercise, consider the following questions:
Why is it necessary for a small
firm to acquire professional help as part of its strategy for innovation-led
growth?
How would an entrepreneur go
about acquiring such help?
By Day 3 (Saturday) submit your
Key Concept Exercise.
When writing your responses you should
synthesise the theory with real-world experience and use examples of the
theories in action in a real organisation about which you have read or one in
which you have worked.
Be sure to read over your Key
Concept Exercise before submitting it to your Instructor. Make sure the
spelling and grammar are correct and the language, citing and referencing you
use when providing your opinion are appropriate for academic writing.
To submit your Key Concept
Exercise to Turnitin, click the "View/Complete" link for Week 4 Key
Concept Exercise -- Turnitin.
For only $30, our experts can help you get a new and well-researched
plagiarism-free paper in line with UOL standards. Please contact us via email
at:
masterwriting01@gmail.com or via WhatsApp/IMO on: 0786 752
007
Collaboration:
Developing strategy
As a follow-up to your Key
Concept Exercise, discuss with your colleagues how an entrepreneur would
develop and implement a strategy (including a human resource strategy) for his
or her firm. Is it realistic to expect an entrepreneur to develop a strategy
for his or her firm? If so, why? If not, why not?
This week’s Collaboration will
enable you to engage with your colleagues in an exploration of the important
ideas and issues related to this concept.
To prepare for this
Collaboration:
Review the Required Learning
Resources and your Key Concept Exercise for Week 4.
Think about decision-making
process in innovation strategy.
To complete this Collaboration:
By
Day 3 (Saturday):
Post your Key Concept Exercise
from Week 4 to the Collaboration Forum.
By Day 7 (Wednesday):
Post 3-5 replies to your
classmates’ posts in the Collaboration Forum by:
Analysing the decision-making
that goes into an innovation strategy presented by your colleagues
Discussing how an entrepreneur
would develop and implement a strategy of his or her firm
Asking insightful questions about
your colleagues’ interpretations of ideas from the Learning Resources
Extending the discussion into new
but relevant areas regarding the elements that go to make up an innovation
strategy
Ensure that you spread your
Collaboration posts across at least 3 separate days of each week. This will
help maximise the value of your Collaboration with colleagues and serve to meet
the learning objectives for each activity.
To access the Collaboration
Forum, click on the "Week 4 Collaboration Forum" link.
Personal
Development Portfolio
The rationale behind your
Personal Development Portfolio (PDP) is for you to reflect on how innovation
and entrepreneurship are important in all organisations and, in particular, how
you can contribute to these two concepts within your own organisation.
This PDP is divided into two
submissions. The first submission is due in Week 4 and the final submission is
due in Week 8.
To prepare for this PDP
Assignment:
Reflect on the readings you have
encountered in the first 3 weeks of this module.
To complete this PDP Assignment:
By Day 7 (Wednesday):
Outline the need for both
innovation and entrepreneurship within organisations in a narrative of
approximately 300-400 words.
Demonstrate how the concepts of
innovation and entrepreneurship are relevant to all organisations.
Highlight the benefits of
applying these within all organisations.
By Day 7 (Wednesday) submit your
PDP Assignment.
This PDP Assignment is not
graded, but you will receive feedback from your Instructor to help you improve
your work. Please take advantage of this opportunity to learn from your
Instructor’s feedback – give the Assignment your full effort and ask for
clarification on any feedback you do not understand.
The final submission of your PDP
will be in Week 8.
To submit your Personal
Development Portfolio to Turnitin, click on the "View/Complete" link
for Week 4 Personal Development Portfolio -- Turnitin - FF.
For only $30, our experts can help you get a new and well-researched
plagiarism-free paper in line with UOL standards. Please contact us via email
at:
masterwriting01@gmail.com or via WhatsApp/IMO on: 0786 752
007
Week
5 Assessments
By Day 3 (Saturday), submit your
Key Concept Exercise to Turnitin
By Day 3 (Saturday), post your
Key Concept Exercise to the Collaboration Forum
By Day 7 (Wednesday), respond to
your colleagues’ in the Collaboration Forum
By Day 7 (Wednesday), submit your
Individual Assignment
Key Concept Exercise: The nature
and importance of entrepreneurship
As you discovered in the Key
Concept Overview, Goel and Rishi (2012) contend that when providing assistance
to SMEs, governments should target those enterprises that are engaged in
value-adding activities.
In light of your understanding of
the roles that entrepreneurship plays in economic development, you will
evaluate Goel and Rishi’s (2012) contention.
For this Key Concept Exercise,
you will begin to evaluate the importance of entrepreneurship to economies. In
addition, you will examine the role of government in developing
entrepreneurship.
To prepare for this Key Concept
Exercise:
Read the Required Learning
Resources for Week 5.
Study the Goel and Rishi (2012)
article.
Consider the role of government
in developing entrepreneurship.
To complete this Key Concept
Exercise:
By
Day 3 (Saturday):
In an approximately 500-word
response, address the following issues/questions:
Evaluate the contribution that
entrepreneurship makes to the economic development and growth of economies.
Critically analyse the role of
government in developing entrepreneurship.
In formulating your Key Concept
Exercise, consider the following questions:
What role, if any, should
government play in developing an enterprising culture within its country?
What is meant by ‘value-adding
activities’?
How can activities be
distinguished between those that are value adding and those that are not?
By Day 3 (Saturday) submit your
Key Concept Exercise.
When writing your responses you
should synthesise the theory with real-world experience and use examples of the
theories in action in a real organisation about which you have read or one in
which you have worked.
Be sure to read over your Key
Concept Exercise before submitting it to your Instructor. Make sure the
spelling and grammar are correct and the language, citing and referencing you
use when providing your opinion are appropriate for academic writing.
To submit your Key Concept
Exercise to Turnitin, click the "View/Complete" link for Week 5 Key
Concept Exercise -- Turnitin.
For only $30, our experts can help you get a new and well-researched
plagiarism-free paper in line with UOL standards. Please contact us via email
at:
masterwriting01@gmail.com or via WhatsApp/IMO on: 0786 752
007
Collaboration:
The nature and importance of entrepreneurship
As a follow-on from the Key
Concept Exercise, consider the types of assistance that government should offer
to small firms in order to enable them to make positive economic and societal
contributions. You should consider financial support, business support as well
as any other method of small business backing.
In this week’s Collaboration, you
will engage with your colleagues in discussion on the role of government in
developing entrepreneurship.
To prepare for this
Collaboration:
Review the Required Learning
Resources and your Key Concept Exercise for Week 5.
Reflect on the role of government
in developing entrepreneurship.
To complete this Collaboration:
By
Day 3 (Saturday):
Post your Key Concept Exercise
from Week 5 to the Collaboration Forum.
By Day 7 (Wednesday):
Post 3-5 replies to your
classmates’ posts in the Collaboration Forum by:
Discussing the importance of
entrepreneurship to economies
Asking probing questions to learn
more about your colleagues’ views
Extending the conversation into
new but relevant areas regarding the role of government in developing entrepreneurship
Ensure that you spread your
Collaboration posts across at least 3 separate days of each week. This will
help maximise the value of your Collaboration with colleagues and serve to meet
the learning objectives for each activity.
To access the Collaboration
Forum, click on the "Week 5 Collaboration Forum" link.
Individual
Assignment: Module project: market potential
For this week, you need to review
the Cooper and Edgett (2010) and Bowonder et al. (2010) articles provided in
the Learning Resources.
Consider these articles and
evaluate what they advocate about developing an innovation strategy.
For this week’s part of your
Individual Assignment, you are required to adapt the Cooper and Edgett (2010)
model that you will find on page 36 of the article.
To prepare for this Individual
Assignment:
Review the Cooper and Edgett
(2010) and Bowonder et al. (2010) articles.
Consider these articles and what
they advocate about developing an innovation strategy.
To complete this Individual
Assignment:
By
Day 7 (Wednesday):
In approximately 1,000 words,
critically analyse the market potential for your entrepreneurial ideas.
In formulating your analysis,
consider the following questions:
What is the goal or objective of
your innovative idea?
What market/arena will your
chosen idea be employed in?
What size is this market/arena?
What is the potential for growth?
What is the strength of
competition within this market?
Do you have the capabilities to
operate in this market?
What capabilities do you need to
develop?
What types of resources do you
require in order to achieve your goal or objective?
Provide a detailed overview of
the nature and scope of this resource commitment.
How do you intend to enter this
market?
Will you choose to select a niche
in this market?
Will you partner with a larger
organisation?
Will you partner with an external
organisation in order to enter the market?
What future developments of your
idea do you consider will be required in the future?
In what way will you need to
revise your idea in 5 or 10 years’ time?
How relevant will your idea be in
5 or 10 years’ time?
Provide a properly formatted
reference list.
* Remember, if your innovative
idea is designed to address an internal problem or opportunity for the
organisation that you are familiar with, then you can adapt these points to
suit this scenario.
Submit your Individual Assignment
by Day 7 (Wednesday).
Be sure to read over your
Individual Assignment before submitting it to your Instructor. Make sure the
spelling and grammar are correct and the language, citing and referencing you
use when providing your opinion are appropriate for academic writing.
This Individual Assignment is
graded. See the rubric for specific grading criteria.
To submit your Individual
Assignment to Turnitin, click on the "View/Complete" link for Week 5
Individual Assignment -- Turnitin.
For only $60, our experts can help you get a new and well-researched
plagiarism-free paper in line with UOL standards. Please contact us via email
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Week
6 Assessments
By Day 3 (Saturday), submit your
Key Concept Exercise to Turnitin
By Day 3 (Saturday), post your
Key Concept Exercise to the Collaboration Forum
By Day 7 (Wednesday), respond to
your colleagues’ in the Collaboration Forum
Key
Concept Exercise: The scope of entrepreneurship
For this week’s Key Concept
Exercise, you are to imagine that you are the Chief Executive Officer of a
large multinational company.
You have been inspired by some of
the articles that you have read on business trips about the need to develop an
entrepreneurial spirit within the workforce. In a recent meeting of the board
of management, you have proposed that you want to encourage your employees to
adopt an enterprising approach to their engagement within your business.
For this Key Concept Exercise,
you present an outline of how you will go about achieving this aim.
To prepare for this Key Concept
Exercise:
Read the Required Learning Resources
for Week 6.
Consider the scope of
entrepreneurship within large organisations.
Think about the implementation of
entrepreneurship within a large organisation.
To
complete this Key Concept Exercise:
By Day 3 (Saturday), in an
approximately 500-word response, address the following issues/questions:
Evaluate the role that
entrepreneurship plays within large organisations.
Analyse how to implement
entrepreneurship within a large organisation.
In formulating your Key Concept
Exercise, consider the following questions:
What structures should be put in
place?
How these structures will be
resourced?
How will you encourage employees
to buy-in to this new approach?
By Day 3 (Saturday) submit your
Key Concept Exercise.
When writing your responses you
should synthesise the theory with real-world experience and use examples of the
theories in action in a real organisation about which you have read or one in
which you have worked.
Be sure to read over your Key
Concept Exercise before submitting it to your Instructor. Make sure the
spelling and grammar are correct and the language, citing and referencing you
use when providing your opinion are appropriate for academic writing.
To submit your Key Concept
Exercise to Turnitin, click the "View/Complete" link for Week 6 Key
Concept Exercise -- Turnitin.
For only $30, our experts can help you get a new and well-researched
plagiarism-free paper in line with UOL standards. Please contact us via email
at:
masterwriting01@gmail.com or via WhatsApp/IMO on: 0786 752
007
Collaboration:
The scope of entrepreneurship
As a follow-on from the Key
Concept Exercise, you are required to critique what your fellow students have
submitted in response to the Key Concept Exercise.
Discuss whether you agree or
disagree with what they have submitted. Remember that your critique needs to be
supported with reference to corporate entrepreneurship theory.
This week’s Collaboration will
enable you to engage with your colleagues in an exploration of the important
ideas and issues related to this concept.
To prepare for this
Collaboration:
Review the Required Learning
Resources and your Key Concept Exercise for Week 6.
Reflect on corporate
entrepreneurship theory.
To complete this Collaboration:
By
Day 3 (Saturday):
Post your Key Concept Exercise
from Week 6 to the Collaboration Forum.
By Day 7 (Wednesday):
Post 3-5 replies to your
classmates’ posts in the Collaboration Forum by:
Noting areas of divergence or
convergence of the role that entrepreneurship plays within large organisations
Discussing ways your experiences
are similar or different
Asking probing questions to learn
more about your colleagues’ views on how entrepreneurship can be applied in
other settings
Extending the conversation into
new but relevant areas regarding the implementation of entrepreneurship within
a large organisation
Ensure that you spread your
Collaboration posts across at least 3 separate days of each week. This will
help maximise the value of your Collaboration with colleagues and serve to meet
the learning objectives for each activity.
To access the Collaboration
Forum, click on the "Week 6 Collaboration Forum" link.
Week
7 Assessments
By Day 3 (Saturday), submit your
Key Concept Exercise to Turnitin
By Day 3 (Saturday), post your
Key Concept Exercise to the Collaboration Forum
By Day 7 (Wednesday), respond to
your colleagues’ in the Collaboration Forum
By Day 7 (Wednesday), submit your
Individual Assignment
Key
Concept Exercise: Funding the entrepreneurial firm
Last week, the CEO of your
organisation encouraged you to suggest methods by which you could engage with
the management of your organisation. In order to stimulate this initiative, the
CEO decided to challenge you and your fellow employees to come up with suggestions
that can address an important concern that faces the business.
Your business requires an
investment of $200,000 in new machinery. A number of equity providers and banks
have requested funding. To date, neither of these sources has agreed to supply
the much needed financing that is required for the new investment. The CEO
considers that the only alternative is to generate this money from internally
generated sources; in other words, bootstrapping. As a valued employee, you are
tasked with submitting suggestions to the CEO on how this funding can be
generated.
In this week’s Key Concept
Exercise, you will analyse the importance of finance as a key resource for
innovative small firms, and you will evaluate bootstrapping as a method of
generating funds for these innovative small businesses.
To prepare for this Key Concept
Exercise:
Read the Required Learning
Resources for Week 7.
Reflect on the importance of
finance as a key resource for innovative small firms.
To complete this Key Concept
Exercise:
By
Day 3 (Saturday):
In an approximately 500-word
response, address the following issues/questions:
Analyse the importance of finance
as a key resource for innovative small firms.
Evaluate bootstrapping as a
method of generating funds for small businesses.
In formulating your Key Concept
Exercise, consider the following issues:
The types of bootstrapping
methods you could suggest
The implications for the business
of using them
The likely outcomes of using the
methods you propose
By Day 3 (Saturday) submit your Key
Concept Exercise.
When writing your responses you
should synthesise the theory with real-world experience and use examples of the
theories in action in a real organisation about which you have read or one in
which you have worked.
Be sure to read over your Key
Concept Exercise before submitting it to your Instructor. Make sure the
spelling and grammar are correct and the language, citing and referencing you
use when providing your opinion are appropriate for academic writing.
To submit your Key Concept Exercise
to Turnitin, click the "View/Complete" link for Week 7 Key Concept
Exercise -- Turnitin.
For only $30, our experts can help you get a new and well-researched
plagiarism-free paper in line with UOL standards. Please contact us via email
at:
masterwriting01@gmail.com or via WhatsApp/IMO on: 0786 752
007
Collaboration:
Funding the entrepreneurial firm
As a follow-on from the Key
Concept Exercise, you are required to critique what your fellow students have
submitted in response to the Key Concept Exercise.
Discuss whether you agree or
disagree with what they have submitted. Remember that your critique needs to be
supported with reference to some of the financing theory you have encountered
in this week’s readings, as well as your own independent research.
This week’s Collaboration will
enable you to engage with your colleagues in a further exploration of the
important ideas and issues you studied in your Key Concept Exercise.
To prepare for this Collaboration:
Review the Required Learning
Resources and your Key Concept Exercise for Week 7.
To complete this Collaboration:
By Day 3 (Saturday):
Post your Key Concept Exercise
from Week 7 to the Collaboration Forum.
By Day 7 (Wednesday):
Post 3-5 replies to your
classmates’ posts in the Collaboration Forum by:
Noting areas of divergence or
convergence in regards to the importance of finance
Discussing ways your experiences
are similar or different regarding bootstrapping
Asking probing questions to learn
more about your colleagues’ views on bootstrapping as a method of generating
funds for small businesses
Extending the conversation into
new but relevant areas regarding the finance as a key resource for innovative
small firms
Ensure that you spread your Collaboration
posts across at least 3 separate days of each week. This will help maximise the
value of your Collaboration with colleagues and serve to meet the learning
objectives for each activity.
To access the Collaboration
Forum, click on the "Week 7 Collaboration Forum" link.
Individual
Assignment: Module project: market potential
For the final part of your
Individual Assignment, you will add the financial aspect of your innovation to
what you have already submitted in Week 5.
The financial aspect will include
a financial plan to show:
How much and when funds are
coming into the organisation
How much cash is available to the
organisation as a result of your idea’s implementation
The projected financial position
of your organisation as a result of the idea you implemented
To prepare for this Individual
Assignment:
Review your previous submission
and Instructor’s comments.
To complete this Individual
Assignment:
By
Day 7 (Wednesday):
You will need to prepare:
An operating budget for the
implementation of your innovation for the first 2 years, broken down into
quarterly periods
Projected income statements for
your innovation for the first 3 years of its implementation
*Use the operating budget and
income statement proformas located in the module resources.
When you have completed these
financial statements, add them to the remainder of your project from Weeks 2
and 5 and submit as one document.
Note: As stated in the
introduction to this Individual Assignment, the idea can be implemented by way
of a new enterprise (i.e. setting up a business) or by applying your idea to an
existing organisation so that either revenues are increased, or, and just as
importantly, costs are reduced. Therefore, your financial plan can also reflect
the eventual cost savings of an innovation.
By Day 7 (Wednesday) submit your
Individual Assignment.
Be sure to read over your
Individual Assignment before submitting it to your Instructor. Make sure the
spelling and grammar are correct and the language, citing and referencing you
use when providing your opinion are appropriate for academic writing.
This Individual Assignment is
graded. See the rubric for specific grading criteria.
To submit your Individual
Assignment to Turnitin, click on the "View/Complete" link for Week 7
Individual Assignment -- Turnitin.
Week
8 Assessments
By Day 3 (Saturday), submit your
Key Concept Exercise to Turnitin
By Day 3 (Saturday), post your
Key Concept Exercise to the Collaboration Forum
By Day 7 (Wednesday), respond to
your colleagues’ in the Collaboration Forum
By Day 7 (Wednesday), submit your
Personal Development Portfolio
By Day 7 (Wednesday), submit your
UoL Satisfaction Survey
Key
Concept Exercise: Growing the entrepreneurial firm
This is the final week of this
module. You have looked at innovation and entrepreneurship separately, and
through your Module Project have then brought them together in the form of a
business plan. For this final Key Concept Exercise, you are required to
consider the way forward for a small innovative enterprise.
You work as a small business
advisor and in a few weeks’ time you are going to give a presentation to a
group of entrepreneurs on how they need to develop their business.
For this Key Concept Exercise,
you will provide a brief outline of the types of resources and capabilities
that these entrepreneurs need to acquire and develop.
To prepare for this Key Concept
Exercise:
Read the Required Learning
Resources for Week 8.
By Day 3 (Saturday):
In an approximately 500-word
response, address the following issues/questions:
Analyse the need for small
innovative firms to develop resources for growth.
In formulating your Key Concept
Exercise, consider the following issues:
Human resources
Financial resources
Business acumen
Strategic capabilities
By
Day 3 (Saturday) submit your Key Concept Exercise.
When writing your responses you
should synthesise the theory with real-world experience and use examples of the
theories in action in a real organisation about which you have read or one in
which you have worked.
Be sure to read over your Key
Concept Exercise before submitting it to your Instructor. Make sure the
spelling and grammar are correct and the language, citing and referencing you
use when providing your opinion are appropriate for academic writing.
To submit your Key Concept Exercise
to Turnitin, click the "View/Complete" link for Week 8 Key Concept
Exercise -- Turnitin.
For only $30, our experts can help you get a new and well-researched
plagiarism-free paper in line with UOL standards. Please contact us via email
at:
masterwriting01@gmail.com or via WhatsApp/IMO on: 0786 752
007
Collaboration:
Growing the entrepreneurial firm
As a follow-on from the Key
Concept Exercise, you are required to critique what your fellow students have
submitted in response to the Key Concept Exercise.
Using relevant literature to
support your points, consider the importance of developing and acquiring
external resources and capabilities that will enable a small entrepreneurial
firm to grow.
This week’s Collaboration will
enable you to engage with your colleagues in a further exploration of the
important ideas and issues you studied in your Key Concept Exercise.
To prepare for this
Collaboration:
Review the Required Learning
Resources and your Key Concept Exercise for Week 8.
Reflect on the importance of
resources that will enable growth.
To complete this Collaboration:
By
Day 3 (Saturday):
Post your Key Concept Exercise
into the Collaboration forum
By Day 7 (Wednesday):
Post 3-5 replies to your classmates’
posts in the Collaboration Forum by:
Discussing ways in which your
experiences are similar or different in regards to the importance of resources
that will enable growth
Asking probing questions to learn
more about your colleagues’ views regarding the need for small innovative firms
to develop resources for growth
Extending the conversation into
new but relevant areas regarding the future of the growth of small innovative
firms
Ensure that you spread your
Collaboration posts across at least 3 separate days of each week. This will
help maximise the value of your Collaboration with colleagues and serve to meet
the learning objectives for each activity.
To access the Collaboration
Forum, click on the "Week 8 Collaboration Forum" link.
Personal
Development Portfolio: Reflecting on your personal development portfolio
The final part of your PDP asks
what you can do to contribute to innovation and entrepreneurship within your
organisation. During the course of this module, you have encountered quite a
lot of theory and knowledge of these two concepts.
This week, you will complete the
final phase of your Professional Development Portfolio.
Your PDP will be a document you
will regularly revisit throughout your programme; be sure to keep it in an
accessible place so you can update it with new goals, reflections on your
learning, and plans for further study, development and research.
To prepare for this PDP
Assignment:
Review your first submission with
your Instructor’s feedback.
To complete this PDP Assignment:
By
Day 7 (Wednesday):
Write an open letter (of
approximately 300-400 words) to a leader or manager of your organisation making
suggestions on how your organisation can become more entrepreneurial and
innovative. Use your knowledge and understanding of the concepts you have read
during the course of this module in your letter.
By Day 7 (Wednesday) submit your
final Personal Development Portfolio.
This PDP Assignment is graded.
See the rubric for specific grading criteria.
To submit your Personal
Development Portfolio to Turnitin, click on the "View/Complete" link
for Week 8 Personal Development Portfolio -- Turnitin.
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