Innovation and entrepreneurship

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 course 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.