The University of Newcastle, Australia
Available in 2020
Course code



10 units


1000 level

Course handbook


Entrepreneurship and innovation have never been more important in the 21st century at a time of global, turbulent environments involving discontinuous change. This course introduces the concepts of entrepreneurship and innovation and how they are distinguished. It further explores who is an entrepreneur and what are the entrepreneurial and innovation processes that are used to achieve successful business outcomes. Students will be sensitised to these important contemporary concepts and processes and will apply them to case studies and other real-world contexts.

Availability2020 Course Timetables

PSB Singapore

  • Trimester 2 - 2020 (Singapore)

Newcastle City Precinct

  • Semester 2 - 2020


  • Semester 2 - 2020

Learning outcomes

On successful completion of the course students will be able to:

1. Recognise, comprehend and use the language of entrepreneurship and innovation

2. Comprehend and communicate the concepts of entrepreneurship and innovation and their increasing importance in the 21st century

3. Analyse and explain the critical relationship between entrepreneurship and innovation

4. Analyse and articulate the theories, concepts and frameworks in respect of the entrepreneurship/entrepreneurial process and the innovation/innovation process and apply them ethically to real-world contexts

5. Demonstrate introductory skills and competencies of undergraduate academic research, academic writing and oral presentations in forms appropriate to purpose and audience


The topics in this course include the following:

  1. The entrepreneurial and innovation process
  2. Entrepreneurial and innovative creativity
  3. Relationship between entrepreneurship and innovation
  4. Sources of innovation
  5. Search strategies for innovation
  6. Assessing opportunities and risks of innovation projects
  7. Business models and capturing value
  8. New product development
  9. Exploiting knowledge and intellectual property
  10. Social and sustainability-led innovation and entrepreneurship
  11. Global and national perspectives of entrepreneurship for the 21st century

Assessment items

Quiz: Online quizzes

Essay: Individual Essay

Report: Written Report

Formal Examination: Final Examination

Contact hours

Ourimbah, Newcastle City Precinct and PSB Singapore

Integrated Learning Session

Face to Face On Campus 2 hour(s) per Week for Full Term

Students are expected to complete 4 hours of guided learning via online preparation, lectures, interactive workshops, tutorials, discussion groups or self-directed learning and an additional 6 hours of independent study per week.