Making Innovation and Entrepreneurship Happen
| Module title | Making Innovation and Entrepreneurship Happen |
|---|---|
| Module code | BEM2058 |
| Academic year | 2025/6 |
| Credits | 15 |
| Module staff | Dr Cliff Li (Convenor) Dr Pratheeba Vimalnath (Convenor) |
| Duration: Term | 1 | 2 | 3 |
|---|---|---|---|
| Duration: Weeks | 10 |
| Number students taking module (anticipated) | 500 |
|---|
Module description
The module is offered within the With Proficiency in Innovation and Entrepreneurship pathway, and no curricular pre-requisite or co-requisite modules are required. The module is designed for non-specialist students from all subject disciplines, created for interdisciplinary pathways.
Innovation is the lifeblood of our global economy and is a strategic priority for leaders and organisations worldwide. Driving forward the innovation process requires change agents equipped with entrepreneurial skills and behaviours to take action. The module moves beyond foundational concepts of innovation and entrepreneurship to a) deep dive into core stages of innovation management, including agile frameworks and b) introduce how individuals behave entrepreneurially using effectuation principles to create sustainable value using their available means.
The module’s core components are delivered online and accompanied by a series of practical workshops focusing on hands-on problem solving for real-world challenges, supported by case studies, methods, and tools from the latest research.
If you have completed BEM2056 Managing the Innovation Process, you should NOT take this module.
Module aims - intentions of the module
The module aims to provide a practical learning experience in applying entrepreneurial thinking to develop and launch new offerings – considering sustainability priorities, deep digitalisation and role of technology. It adopts a practice-based approach to explore the multiple facets of effectual entrepreneurship and deep dive into core phases of the innovation management process: search, selection, agile implementation and value capture including adoption and diffusion. The module will also explore topics relevant to deep digitalisation and sustainability transformation such as sustainable value creation, business model innovation, open innovation, user driven innovation, service and social innovation etc.
Practicing innovation and entrepreneurship is like learning to play a keyboard or computer game – you just have to do it! So, most of the work in this class will be experiential – you will learn by acting as a change agent focused on innovation centred activities. You will be practicing and developing your entrepreneurial skills for managing innovation process and then reflect on what you have learned critically.
The module is designed for students from any discipline, preparing you for a workplace that prioritises managing innovation. The practices that you learn in this class will help you to solve problems by applying the innovation process and entrepreneurial thinking to a wide range of sectors – whatever career you choose.
Intended Learning Outcomes (ILOs)
ILO: Module-specific skills
On successfully completing the module you will be able to...
- 1. Critically evaluate the significance of innovation and entrepreneurial thinking for strategic and sustainable business growth
- 2. Apply a range of innovation tools and effectual entrepreneurship principles to generate product, process, positional or paradigm (business model) improvements.
ILO: Discipline-specific skills
On successfully completing the module you will be able to...
- 3. Integrate the core concepts, frameworks, and tools at the centre of the innovation process.
- 4. Evaluate the critical role of individuals and the entrepreneurial mindset in making innovation happen under varied business contexts.
ILO: Personal and key skills
On successfully completing the module you will be able to...
- 5. Apply responsibility, self-efficacy and resourcefulness.
Syllabus plan
The module is structured to introduce core stages of the innovation process and elements of implementing effectual entrepreneurial thinking concerned with the development of offerings targeted at a variety of market segments.
The module will likely cover some of the following topics:
- Why innovation and entrepreneurship matter?
- Understanding innovation as a process
- Searching for innovation opportunities and exploring the innovation space
- Selecting high potential innovation opportunities
- Effectual decision-making for sustainable value creation and agile implementation
- Effectual Action & Networking
- Capturing value, including business model generation, protection, adoption and diffusion
- Building strategies for managing the innovation process entrepreneurially
Learning activities and teaching methods (given in hours of study time)
| Scheduled Learning and Teaching Activities | Guided independent study | Placement / study abroad |
|---|---|---|
| 28 | 122 | 0 |
Details of learning activities and teaching methods
| Category | Hours of study time | Description |
|---|---|---|
| Scheduled Learning and Teaching Activity | 10 | Online Learning Packs. |
| Scheduled Learning and Teaching Activity | 18 | Workshops. |
| Guided Independent Study | 40 | Preparing for workshops. |
| Guided Independent Study | 82 | Reading, exercises, preparation for formative and summative assessments. |
Formative assessment
| Form of assessment | Size of the assessment (eg length / duration) | ILOs assessed | Feedback method |
|---|---|---|---|
| Written submission | 250 words | 1 | Cohort level feedback |
Summative assessment (% of credit)
| Coursework | Written exams | Practical exams |
|---|---|---|
| 100 | 0 | 0 |
Details of summative assessment
| Form of assessment | % of credit | Size of the assessment (eg length / duration) | ILOs assessed | Feedback method |
|---|---|---|---|---|
| Group pitch presentation | 30 | 12 min + 5 min Q&A | 2-5 | Oral and written feedback |
| Written submission | 70 | 2000 words | 1-5 | Written feedback |
Details of re-assessment (where required by referral or deferral)
| Original form of assessment | Form of re-assessment | ILOs re-assessed | Timescale for re-assessment |
|---|---|---|---|
| Group pitch presentation | Written submission, 1200 words, 30% | 2-5 | Reassessment period |
| Written submission | Written submission, 2000 words, 70% | 1-5 | Reassessment period |
Re-assessment notes
Deferral – if you miss an assessment for certificated reasons judged acceptable by the Mitigation Committee, you will normally be either deferred in the assessment or an extension may be granted. The mark given for a re-assessment taken as a result of deferral will not be capped and will be treated as it would be if it were your first attempt at the assessment.
Referral – if you have failed the module overall (i.e. a final overall module mark of less than 40%) you will be required to submit a further assessment as necessary. If you are successful on referral, your overall module mark will be capped at 40%.
Indicative learning resources - Basic reading
Core textbooks:
- Tidd, J and Bessant, J (2021). Managing Innovation: integrating technological, market and organizational change, Wiley (7th edition)
- Read, S., Sarasvaty, S., Dew, N. & Wiltbank. (2016) Effectual Entrepreneurship. 2nd Edition. Routledge.
| Credit value | 15 |
|---|---|
| Module ECTS | 7.5 |
| Module pre-requisites | None. |
| Module co-requisites | Cannot be taken with BEM2056. |
| NQF level (module) | 5 |
| Available as distance learning? | No |
| Origin date | 07/01/2025 |
| Last revision date | 11/03/2025 |
