MGM5251 Innovation and entrepreneurship
Faculty of Business and Economics
MGM5251 Innovation and entrepreneurship is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2027 in Semester 1 at Malaysia. It has no prerequisites.
- Credit points
- 6
- Offered in 2027
- Semester 1
- Malaysia
- Assessment
- No exam
- 3 tasks
- Workload
- 144 hours
- per semester
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Requisites
Before MGM5251
No prerequisites or corequisites besides the enrolment rules below.
After MGM5251
No unit lists MGM5251 as a prerequisite in the 2027 handbook.
Enrolment rules
You must be enrolled in course B6007, B6033 or M6030 to undertake this unit.
Overview
Entrepreneurship and innovation are at the heart of modern business and social enterprises, nation states and society, driving economic development. Entrepreneurs in all situations identify opportunities that others cannot, and locate and configure resources in new ways to create value for stakeholders. This unit aims to provide you with an understanding of the processes, risks, rewards, motivations, and societal impacts of innovation in community, national, regional and global settings. It aims to inspire you to develop an entrepreneurial mindset, and to support your ability to innovate and build organisations for sustainable growth, benefiting all stakeholders. The unit will explore the nature of enterprise, the role of the entrepreneur, and the role of innovation and technology in the entrepreneurial process. The focus is on capability development and growth, making it relevant for small and large, profit and not-for-profit ventures. It is aimed at nurturing individuals wishing to create innovative futures for themselves and their communities, and for markets and economies.
Offerings in 2027
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Malaysia | On campus |
Assessment
- Written30%
- Project30%
- Presentation40%
Assessment details may change. Please refer to the assessment information in Moodle closer to the start of the teaching period.
Learning outcomes
When you finish this unit, you should be able to:
- 1
conduct research-driven analysis to formulate innovative and enterprising business solutions that address complex business and social challenges
- 2
critically evaluate the entrepreneurial value of a business model, and develop strategic approaches to enhance its effectiveness
- 3
use entrepreneurial and innovation related skills to create, deliver, and capture value
- 4
operate productively in teams to collaboratively explore opportunities, generate ideas and find and communicate solutions to a predefined challenge.
Workload and teaching
- Tutorials24 hours
- Teaching approachSimulation or virtual practice
- Teaching approachActive learning
- Teaching approachCase-based teaching
- Teaching approachProblem-based learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. You are expected to complete all pre-class activities prior to your scheduled class, and post-class activities should be completed after your scheduled class. Learning activities may include a combination of teacher directed, peer directed and online engagement activities.
This unit allows you to engage in guided, immersive experiences to develop relevant skills, knowledge and attitudes through simulation or virtual practice.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
This unit includes case-based teaching, where you apply your knowledge and engage in analytical and reflective thinking to solve complex contextual scenarios. Activities are often designed so that there is not one clear answer, but you need to work together to examine, analyse and make decisions to resolve the situation.
This unit includes problem-based learning approaches, where you engage in research, integrate theory and practice and apply knowledge and skills to develop viable solutions in response to a problem or set of problems.
Contacts
- Chief Examiners
- Dr Daniel Loy
Common questions
What are the prerequisites for MGM5251?
MGM5251 has no prerequisites, but enrolment rules apply.
When is MGM5251 offered?
In 2027, MGM5251 runs in Semester 1 at Malaysia.
How much work is MGM5251?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does MGM5251 have an exam?
No. MGM5251 has 3 assessment tasks and no exam.