BUS3004 Business Models, Innovation and Entrepreneurship

SUBJECT INFORMATION

SUBJECT CODE

BUS3004

SUBJECT CREDITS

5

SUBJECT OWNER

AIHE Business School

SUBJECT LEVEL

Undergraduate

TOTAL COURSE CREDIT POINTS

120

OFFERED EXTERNALLY

Yes

CORE SUBJECT

Yes

 

EFTSL*

0.125

* Equivalent Full time Study Load

 

NOTE

This offering may not be scheduled in every study period. Please refer to the time table for further details.

 

Subject Description

This subject provides students with an understanding of the essential concepts and frameworks for understanding business models and relates these concepts to innovation and entrepreneurship. The relationships between business models, strategy and business planning will be explored before applying the concepts to entrepreneurial opportunities. Students will be required to observe, analyse and evaluate authentic business startups according to the models and concepts introduced in the subject. In addition to crafting appropriate business models, students will be required to analyse the external environment, review internal resources and capabilities, and identify the challenges faced by startups. The emphasis of this subject is the application of theories and models to real business opportunities.

Textbook(s)

Nielsen, C., & Lund, M. (Eds). (2012). Business Models: Networking, Innovating and Globalzing. 2nd edition, Bookboon.com (Ventus Publishing ApS), ISBN 978-87-403-0179-3
Timmons J., Adams R., & Spinelli, S. (2012). New Venture Creation – Entrepreneurship 9th Ed. McGraw-Hill Education London, United States, ISBN139780071324632

Teaching Method

Semester Study Period: 3 hour Face-to-face sessions x 12 weeks + 2 hours self study/ assessment x 2 weeks plus personal study hours Winter or Summer School: 7 hours Face-to-face sessions x 5 weeks plus personal study hours

Prerequisite(s)

  • BUS2002 Understanding Contemporary Organisations
  • BUS2003 Managing Across Cultures

Assessment

 

Task

Length

Duration

Weighting

In class Quiz(Individual assessment)

 

1 hour

20%

Individual presentation on an entrepreneur of your choice

 

15 minutes

25%

In class case study

 

1 hour

20%

Individual presentation based on Group Feasibility Study

 

15 minutes

35%

Group Feasibility Study

2000 words  

35%

Fees

Fees for international and domestic students are published in the AIHE's schedule of fees and charges. Scholarships maybe available.

Adelaide Institute of Higher Education (AIHE) is registered as an Institute of Higher Education with the Tertiary Education Quality and Standards Agency (TEQSA), the Australian Government regulator for Higher Education. AIHE delivers fully accredited undergraduate and postgraduate degrees to domestic and international students that are recognised under the Australian Qualifications Framework (AQF).

TEQSA Provider Number: PRV14326
TEQSA Provider Category: Institute of Higher Education
CRICOS Provider Code: 03763K
ABN: 54 618 241 802

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