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 2023 in Semester 1 at Malaysia. It has no prerequisites.
- Credit points
- 6
- Offered in 2023
- Semester 1
- Malaysia
- Assessment
- No exam
- 1 task
- Workload
- 144 hours
- per semester
This is the 2023 handbook entry. See the 2027 entry.
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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 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.
Offerings in 2023
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Malaysia | Evening |
Assessment
- Within semester assessment100%
Learning outcomes
When you finish this unit, you should be able to:
- 1
explain how an entrepreneurial mindset and the associated skills supports innovation in the contexts of corporate venturing, social entrepreneurship and business start-up projects
- 2
apply an entrepreneurial mindset and skills to develop innovative solutions to complex community and business problems in conditions of uncertainty
- 3
recommend strategies to evaluate entrepreneurial skills, values and behaviours; and to further develop the entrepreneurial mindset of both themselves and others
- 4
demonstrate entrepreneurial and innovation related skills, including identifying and evaluating opportunities, solving problems creatively, communicating effectively, and influencing stakeholder groups
- 5
demonstrate the ability to work productively in teams to collaboratively explore opportunities, generate ideas and find and communicate solutions to a predefined challenge.
Workload and teaching
- Teaching approachActive 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. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Contacts
- Chief Examiners
- DR Daniel Loy
Common questions
What are the prerequisites for MGM5251?
MGM5251 has no prerequisites.
When is MGM5251 offered?
In 2023, 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 1 assessment task and no exam.