ENTREP 5018OL - Opportunity Assessment
Online - Quadmester 1 - 2018
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General Course Information
Course Details
Course Code ENTREP 5018OL Course Opportunity Assessment Coordinating Unit Entrepreneurship, Commercialisation & Innov Centre Term Quadmester 1 Level Postgraduate Coursework Location/s Online Units 3 Contact Up to 4 hours per week (interaction and preparation) Available for Study Abroad and Exchange Assessment Assignments, forum discussion Course Staff
Course Coordinator: Professor Paul Steffens
Program Director Contact Details:
Innovation and Entrepreneurship (PG)
Name: Prof Paul Steffens
Phone: +61 8 8313 7512
Email: paul.steffens@adelaide.edu.au
Teaching Staff:
Course Timetable
The full timetable of all activities for this course can be accessed from .
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Learning Outcomes
Course Learning Outcomes
On successful completion of this course, students will be able to:
1 Identify the difference between an idea and an innovative business opportunity 2 Articulate a new venture investment proposition and communicate ideas and concepts effectively 3 Build an assessment process for a new opportunity or venture to determine its viability and sustainability 4 Identify the areas of risk in research commercialisation and/or introducing new technologies or other innovationsinto a market 5 Produce a feasibility report for your own or another new venture opportunity 6 Draw conclusions and recommend actions based upon a comprehensive opportunity assessment of a newventure idea 最新糖心Vlog Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
最新糖心Vlog Graduate Attribute Course Learning Outcome(s) Deep discipline knowledge
- informed and infused by cutting edge research, scaffolded throughout their program of studies
- acquired from personal interaction with research active educators, from year 1
- accredited or validated against national or international standards (for relevant programs)
1, 3, 4 & 6 Critical thinking and problem solving
- steeped in research methods and rigor
- based on empirical evidence and the scientific approach to knowledge development
- demonstrated through appropriate and relevant assessment
6 Teamwork and communication skills
- developed from, with, and via the SGDE
- honed through assessment and practice throughout the program of studies
- encouraged and valued in all aspects of learning
1, 2, 3, 5 & 6 Career and leadership readiness
- technology savvy
- professional and, where relevant, fully accredited
- forward thinking and well informed
- tested and validated by work based experiences
2 & 3 Intercultural and ethical competency
- adept at operating in other cultures
- comfortable with different nationalities and social contexts
- able to determine and contribute to desirable social outcomes
- demonstrated by study abroad or with an understanding of indigenous knowledges
4 Self-awareness and emotional intelligence
- a capacity for self-reflection and a willingness to engage in self-appraisal
- open to objective and constructive feedback from supervisors and peers
- able to negotiate difficult social situations, defuse conflict and engage positively in purposeful debate
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Learning Resources
Required Resources
This required text is available as an ebook from the following website:
You will need to purchase/have access to the following text:
Fredrick, Howard, O'Connor, Allan and Kuratko, Donald F. (2016). Entrepreneurship: Theory, Process and Practice, 4th Edition. Cengage Learning.
Additional readings will be made available through the LEARN site:
Week 1
Text Chapter 1 pages 8-26 Fredrick,Howard, O'Connor, Allan and Kuratko, Donald F. (2016). Entrepreneurship: Theory, Process and Practice, 4th Edition. Cengage Learning.
http://www.innovation.gov.au/SmallBusiness/KeyFacts/Pages/default.aspx Mazzarol, Tim 2006, '[Extracted from] Small business management: an applied approach' in Mazzarol, Tim, Small business management : an applied approach, 1st ed., Tilde 最新糖心Vlog Press, Prahan, Vic., pp. 27-61.
Week 2
Porter, Michael E. c1980, 'The structural analysis of industries', in Porter, Michael E., Competitive strategy : techniques for analyzing industries and competitors, Free Press, New York, pp. 3-33.
Week 3
Chapter 6 pages 191-209
Chapter 9 pages 290-306
Chapter 9 Appendix 9A page 324-329
Fredrick, Howard, O'Connor, Allan and Kuratko, Donald F. (2016). Entrepreneurship: Theory, Process and Practice, 4th Edition. Cengage Learning.
https://drdianehamilton.wordpress.com/2012/05/02/difference-between-feasibility-study-and-business-plan/
https://www.youtube.com/watch?v=YmwwrGV_aiE
Week 4
Chapter 10 pages 330-360
Fredrick, Howard, O'Connor, Allan and Kuratko, Donald F. (2016). Entrepreneurship: Theory, Process and Practice, 4th Edition. Cengage Learning.
Week 5
Chapter 10 pages 330-360
Fredrick, Howard, O'Connor, Allan and Kuratko, Donald F. (2016). Entrepreneurship: Theory, Process and Practice, 4th Edition. Cengage Learning.
Week 6
Kuemmerle, Walter 2002, A test for the fainthearted, Harvard Business Review, vol. 80, no. 5, pp. 122-127.Harper, David A. 2008, Towards a theory of entrepreneurial teams, Journal of Business Venturing, vol. 23, no. 6, pp. 613-626.
Chapter 6 pages 209-214
Fredrick, Howard, O'Connor, Allan and Kuratko, Donald F. (2016). Entrepreneurship: Theory, Process and Practice, 4th Edition. Cengage Learning.
Week 7
Chapter 13 pages 452-484
Fredrick, Howard, O'Connor, Allan and Kuratko, Donald F. (2016). Entrepreneurship: Theory, Process and Practice, 4th Edition. Cengage Learning.
Week 8
Chapter 14 pages 497-517
Fredrick, Howard, O'Connor, Allan and Kuratko, Donald F. (2016). Entrepreneurship: Theory, Process and Practice, 4th Edition. Cengage Learning.
Week 9
Chapter 15 pages 536-584
Fredrick, Howard, O'Connor, Allan and Kuratko, Donald F. (2016). Entrepreneurship: Theory, Process and Practice, 4th Edition. Cengage Learning.
Week 10
Chapter 16 pages 587-619
Fredrick, Howard, O'Connor, Allan and Kuratko, Donald F. (2016). Entrepreneurship: Theory, Process and Practice, 4th Edition. Cengage Learning.Recommended Resources
There is a broad range of materials that cover and complement many of the topic areas covered in this course. These recommended readings can be found on the week home assignment pages for each week on the LEARN site.
Candidates may also benefit by consulting the following texts:
English, J.W. (2006). How to Organise and Operate a Small Business in 最新糖心Vlog. 10th edition. Sydney. Allen & Unwin Pty Ltd. ISBN: 1741141222
Timmons, Jeffry A. and Spinelli, Stephen Jr. (2009). New Venture Creation: Entrepreneurship for the 21st Century, 8th edition. McGraw-Hill Irwin, Boston.
Pittwood and Byrne. (2010). Small business planning – 3rd edition. Adelaide TafeSA Production House.Library Resources
The 最新糖心Vlog of Adelaide’s Barr Smith Library provides a range of learning resources including texts, journals, periodicals, magazines, and access to online databases and information services. It also offers a virtual library which is accessible via the 最新糖心Vlog’s website. .Online Learning
LEARN is the 最新糖心Vlog of Adelaide’s platform for dedicated online delivery. LEARN is a customised version of Moodle, and houses all course requirements including the course profile, announcements, additional course materials (beyond the prescribed text), assessment items, discussion forums, grading, feedback, links to various university and course resources, an internal website email system, a technical assistance facility, etc. LEARN is only accessible once the URL and a password have been provided to the student on enrolment. Students are given access to the course prior to the start date to familiarise themselves with the operational aspects and functionality of the website.
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Learning & Teaching Activities
Learning & Teaching Modes
This course is offered in online mode.
Workload
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
As a guide, a 3 unit course comprises a total of 156 hours.
Learning Activities Summary
This is a draft schedule and session dates are a guide only.
The timetable may be changed during the course delivery if necessary.
Week Content Readings Activities 1 Introduction to Opportunity Assessment Articles Discussion Forum 2 Environmental Analysis Articles & video Discussion Forum 3 Ideas and Opportunities Articles Discussion Forum 4 Evaluating the Market Articles Discussion Forum
Submit: Business Opportunity5 Marketing the Opportunity Articles Discussion Forum
SWOT and Competitive Advantage Activity6 The Entrepreneur and the Team Articles Discussion Forum 7 Risk and Resilience – Critical Issues Articles Discussion Forum 8 Financial Requirements and Financial Viability Articles Discussion Forum
Financial and Operating Expenses Activity9 Financial Projections Articles Discussion Forum 10 Course Summary and Further Planning Articles Discussion on Activity
Submit: Feasibility StudySpecific Course Requirements
This course requires you to present mature and well reasoned work that addresses the assessment of ideas and technologies for feasibility in the 最新糖心Vlogn business context. You will specifically refer to those factors that promote or work against successful opportunity assessment. Of prime importance is to show insight into limitations and risks of any approach you suggest or take – you therefore need to always take a critical stance.
You will need to read more widely on the topic then the list of references provided and beyond hits found on Google; remember this is postgraduate study.
Your work will need to be succinct and you should avoid overly verbose presentations. Do not labour the point, regurgitate theory or address irrelevant issues. Examples or cases may be used, if appropriate, to illustrate your point as they will serve to strengthen your arguments.
You are also required to structure your work so as it flows logically and your reasoning needs to be logical, sound and clear. The proper use of headings, sub-headings, bullet points and paragraphing will assist this purpose. Further, an executive summary or abstract at the beginning of your work will provide a clear overview of what follows in the body of your report.
Keep to the word limits and do not ramble. In every instance present your work as if it is a submission to a Board of Directors – succinct, clear, structured and reasoned.
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Assessment
The 最新糖心Vlog's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment Summary
An overview of the course assessment appears in the following Table. Details appear in the following section:
# Assessment Length Weighting Due Date Learning Outcomes 1 Describe a Business Opportunity 2500 words 20% Day 7 of Week 4 1-4 2 Feasibility Study 4000 words 40% Day 7 of Week 10 2-6 3 Discussion and Participation 2 - 3 posts/week 20% Day 3-7 of Weeks 1-10 1-6 4 Application Assignments 1000 words each 20% Day 7 of Weeks 5 and 9 1-6 Total 100% Assessment Related Requirements
It is expected that assignments will be typed, using word processing software such as Microsoft Word.
Don’t cram too many words onto a page: use a line spacing of 1.5 lines, and a right-hand margin of 4cm (to enable feedback and comments). If software other than Microsoft Word is used, the file format must be one that can be read using Word, such as .doc or .rtf (rich text format). PDF (Acrobat) format is not acceptable unless accompanied by an editable Microsoft Word document or similar.
Students must complete all course assessment requirements.
Course results are subject to moderation by the ECIC Board of Examiners
Assessment Detail
Assessment 1: Describe a Business Opportunity
Weighting: 20%
Due Date: Day 7 of Week 4
Submission Details: Via Drop Box in LEARN
Task:- Describe a Business Opportunity you you will use as the basis for a feasibility study.
- Identify and outline three (3) methodologies that may be used to evaluate a business opportunity.
- Outline the methodology you will utilise to validate the viability of your chosen business opportunity.
Scope:
This exercise will assess your knowledge, understanding and application of the relevant material covered in course topics 1 – 4.
Length and Presentation:
2500 words
Criteria by which your assignment will be marked:- Demonstrated competent description of the business venture
- Identified the steps to validate the selected business venture
- Demonstrated clarity of expression, depth of analysis, logical planning and sequence
- Demonstrated effective use of resources in formulating the response including proper acknowledgements and the appropriate use of references (APA should be used)
- Demonstrated quality of writing, and overall presentation including: grammar, spelling, and punctuation
- The Harvard Referencing System is necessary in assignments, especially material copied from the internet. For examples of correct citations visit the following links: http://www.adelaide.edu.au/library/guide/gen/bibsoft/styles.html
Assessment 2: Feasibility Study
Weighting: 40%
Due Date: Day 7 of Week 10
Submission Details: Via Drop Box in LEARN
Task:
Prepare a Feasibility Study (Opportunity Assessment Report), using the model you selected in Assignment 1 to decide the potential of the business opportunity you have chosen to investigate.
Scope:
Producing the Feasibility Study will assess your knowledge, understanding and application of the content covered in course topics 1-10.
Length and Presentation:
4000 words
Criteria by which your assignment will be marked:- Demonstrated quality and applicability of research utilized to formulate the feasibility study.
- Demonstrated clarity of expression, depth of analysis, logical planning and sequence.
- Demonstrated effective use of resources in formulating the response including proper acknowledgements and the appropriate use of references (APA should be used).
- Demonstrated quality of writing, and overall presentation including: grammar, spelling, and punctuation.
- The Harvard Referencing System is necessary in assignments, especially material copied from the internet. For examples of correct citations visit the following links: http://www.adelaide.edu.au/library/guide/gen/bibsoft/styles.html
Assessment 3: Discussion and Participation.
Weighting: 20%
Due date: Day 3-7 of Weeks 1-10.
Submission Details: Via discussion prompts on the forum in LEARN
Task:
Contribute to Online Forums and questions that are shared with all students. TheDiscussion Forums and Questions are indicated in the online study Topics at therelevant point.
Scope:
Discussion and participation in the forums will assess your knowledge, understanding and application of the content covered in course topics 1-10.
Length and Presentation:
Concise and informative summaries that respond directly to the set questions.
Submissions should be 100 + words and reply to 2- 3 posts from other submissions.
Criteria by which your assignment will be marked:- Responses demonstrate knowledge and understanding of the assignment and the underlying concepts and theories.
- Responses demonstrate the ability to employ, cite, and incorporate the assigned course materials and other outside resources to support your arguments and statements.
- Responses to classmates’ posts demonstrate critical thinking, constructive feedback, and meaningful inputs to the discussion that meet the criteria for substantive participation.
- Demonstrated quality and clarity of writing
Assessment 4: Application Assignments
Weighting: 20%
Due date: Day 7 of Weeks 5-9
Submission Details: Via Drop Box in LEARN
Task:
You are required to apply the content of the current week to a business situation or your chosen business opportunity to demonstrate and reinforce the principles covered in the Topic.
Scope:
Topics 1- 3 and 5-9
Length and Presentation:
Concise and informative summaries that respond directly to the questions.
1000 words
Criteria by which the assignment will be marked:- Responses demonstrate critical thinking and insights, problem solving, and ability to apply and synthesize concepts and theories.
- Responses demonstrate knowledge and understanding of the assignment and the underlying concepts and theories.
- Responses demonstrate the ability to employ, cite, and incorporate the assigned course materials and other outside resources to support your arguments and statements.
- Demonstrated quality and clarity of writing
Submission
All text based assignments must be submitted via Drop Box in LEARN
There are a few points to note about the submission of assignments:
- Assignment Submission: Assignments should be lodged via Drop Box in the LEARN system. Please refer to individual assignment tasks for specific submission details relevant to each task. Note that assignments may be processed via TURNITIN, which is an online plagiarism prevention tool.
- Cover Sheet: As part of your assignment, please add the completed 最新糖心Vlog of Adelaide Assessment Cover Sheet to your assignment, providing details of yourself and your team members (if applicable), your assignment, the course, date submitted, etc. as well as the declaration signed by you that this is your (your team’s) work. Note that the declaration on any electronically submitted assignment will be deemed to have the same authority as a signed declaration. Where applicable, also include the word count excluding title pages and references.
- Backup Copy of Assignments: You are advised to keep a copy of your assignments in case the submitted copy goes missing. Please ensure that all assignment pages are numbered. If your assignment contains confidential information, you should discuss any concerns with the Course Lecturer prior to submission.
- Extensions of Time: Any request for an extension of time for the submission of an assignment should be made well before the due date of the assignment to the Course Lecturer. Normally, extensions will only be granted for a maximum of two weeks from the original assignment submission date. Extensions will only be granted in cases of genuine extenuating circumstances and proof, such as a doctor’s certificate, may be required.
- Failure to submit an assignment on time or by the agreed extension deadline may result in penalties and may incur a fail grade. Note that a late penalty of 5% of the total available marks for that assessment item will be incurred each day an assignment is handed in late (Unless otherwise stated in 'Assessment Related Requirements' or 'Assessment Detail' above). Assignments handed in after 14 days from the due submission date will fail even if a 100% mark is granted for the work.
Resubmission & Remarking
Resubmission of an assignment for remarking after reworking it to obtain a better mark will not normally be accepted. Approval for resubmission will only be granted on medical or compassionate grounds.Course Grading
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through .
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Student Feedback
The 最新糖心Vlog places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the 最新糖心Vlog to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
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Student Support
- Academic Integrity for Students
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Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangements Policy
- Academic Integrity Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs Policy
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment Policy
- Reasonable Adjustments to Learning, Teaching & Assessment for Students with a Disability Policy
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
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