MGB161 Thinking Like an Entrepreneur


To view more information for this unit, select Unit Outline from the list below. Please note the teaching period for which the Unit Outline is relevant.


Unit Outline: Semester 1 2024, Gardens Point, Internal

Unit code:MGB161
Credit points:12
Equivalent:EED001
Coordinator:Forough Zarea Fazlelahi | f.zarea@qut.edu.au
Disclaimer - Offer of some units is subject to viability, and information in these Unit Outlines is subject to change prior to commencement of the teaching period.

Overview

This introductory unit will provide an excellent foundation to students aspiring to learn about entrepreneurship and build their knowledge, attitude and skills in entrepreneurship, while exploring the various dimensions of the ‘entrepreneurial mindset’, entrepreneurship, and intrapreneurship.

The unit will focus on general introductory concepts related to entrepreneurship including concepts and theoretical frameworks relating to entrepreneurial activities and new value, social entrepreneurship and intrapreneurship. The unit will enable students to consider entrepreneurship and its value and purpose from different cultural perspectives. In particular, we will look to showcase First Nations entrepreneurial leaders, either via a "digital showcase" or in-person guest speakers. Throughout the unit students will also use a range of tools to explore and develop their own thoughts and attitudes towards entrepreneurship and what being an entrepreneur means to them personally.

Learning Outcomes

On successful completion of this unit you will be able to:

  1. Critically reflect on what is meant by entrepreneurship and your role as an entrepreneur in the practice of identifying opportunities for value creation
  2. Identify the characteristics, attributes and behaviours of individuals who are entrepreneurially minded
  3. Describe the importance of practicing entrepreneurship in a socially responsible manner incorporating differing perspectives on the meaning of value.
  4. Use data from various sources to reflect and prepare self-development and personal change plans aimed at developing your entrepreneurial mindset and self-identity as an entrepreneur
  5. Clearly articulate the outcomes of your analysis and reflections to intended audiences

Content

- The role and identity of the entrepreneur

- Entrepreneurial mindsets and entrepreneurial self-efficacy

- Entrepreneurial mindsets and their relationship to creativity and innovation

- Indigenous perspectives on entrepreneurship

- Socially responsible entrepreneurship practice and promoting inclusive and sustainable entrepreneurship

- Entrepreneurship vs Intrapreneurship

- The entrepreneurial toolkit

- Entrepreneurial orientation / self analysis

- Dimensions of the entrepreneurial mindset 

- Understanding failure

- Action and interaction

Learning Approaches

This unit takes a blended approach to learning and teaching. You will be provided with both eContent and timetabled activities such as workshops and tutorials. eContent will be clearly identified on your Canvas site for you to engage with on a weekly basis before your classes. eContent could include videos, readings, self-reflection and/or peer activities designed to enhance your learning experience. During the timetabled activities, the unit coordinator and/or your tutor will further explain content and you will be provided with opportunities to explore this content in a collaborative learning environment. After your weekly classes, you should continue to engage with unit resources to ensure you consolidate your understanding of unit content. Teaching team members will also be available for one-on-one consultations to assist you with your learning journey.

Feedback on Learning and Assessment

Students will receive feedback in various forms throughout the semester which may include:

  •  Informal: worked examples, such as verbal feedback in class, individual consultation
  •  Formal: in writing, such as checklists, rubrics, written commentary
  •  Direct: to individual students, either in written form or in consultation
  •  Indirect: to the whole class

Assessment

Overview

The assessment you will undertake in this unit will help you explore and unpack the key elements of the entrepreneurial mindset and how they relate to you. You be given the opportunity to think about what kind of entrepreneur you would like to be and importantly, you will set out a plan that you will help you achieve this.

Students may be required to attend campus or an assessment centre for the purposes of assessment, regardless of the attendance mode for the unit.

Unit Grading Scheme

7- point scale

Assessment Tasks

Assessment: Entrepreneurial mindset self-assessment

Through self-reflection, report on your current entrepreneurial profile (e.g. entrepreneurial orientation, entrepreneurial resources and skills, and entrepreneurial self-efficacy).

This assignment is eligible for the 48-hour late submission period and assignment extensions.

Business Capabilities (AoL goals): KS (1.1), HO (2.1), PC (3.1), TS (4.1)

Weight: 30
Length: 1500 words
Individual/Group: Individual
Due (indicative): Week 6
Related Unit learning outcomes: 1, 2, 4, 5

Assessment: Self Pitch

You will deliver a pitch (video recorded) outlining your key entrepreneurial strengths and weaknesses to your peers.  You should make specific reference to key elements of the entrepreneurial mindset and how they relate to your current and future mindset characteristics.

This assignment is eligible for the 48-hour late submission period and assignment extensions.

Business Capabilities (AoL goals): KS (1.1), HO (2.1), PC (3.2), TS (4.1)

Weight: 30
Length: 5 minutes
Individual/Group: Individual
Due (indicative): Week 9
Related Unit learning outcomes: 1, 2, 4, 5

Assessment: Entrepreneurship Identity Self-Development Plan

Develop a self-development plan that incorporates what you have learnt about yourself and your entrepreneurial aspirations through the course of the unit. You will be required to make specific reference to the manner in which you will look to enact positive change in a socially and ethically aligned manner.

This assignment is eligible for the 48-hour late submission period and assignment extensions.

Business Capabilities (AoL goals): HO (2.1), PC (3.1), TS (4.1), SE (5.1, 5.2)

Weight: 40
Length: 2000 words
Individual/Group: Individual
Due (indicative): Week 13
Related Unit learning outcomes: 1, 3, 4, 5

Academic Integrity

Students are expected to engage in learning and assessment at QUT with honesty, transparency and fairness. Maintaining academic integrity means upholding these principles and demonstrating valuable professional capabilities based on ethical foundations.

Failure to maintain academic integrity can take many forms. It includes cheating in examinations, plagiarism, self-plagiarism, collusion, and submitting an assessment item completed by another person (e.g. contract cheating). It can also include providing your assessment to another entity, such as to a person or website.

You are encouraged to make use of QUT’s learning support services, resources and tools to assure the academic integrity of your assessment. This includes the use of text matching software that may be available to assist with self-assessing your academic integrity as part of the assessment submission process.

Further details of QUT’s approach to academic integrity are outlined in the Academic integrity policy and the Student Code of Conduct. Breaching QUT’s Academic integrity policy is regarded as student misconduct and can lead to the imposition of penalties ranging from a grade reduction to exclusion from QUT.

Resources

Weekly resources will be made available on the unit Canvas site.

Risk Assessment Statement

There are no out-of-the ordinary risks associated with this unit. You should, however, familiarise yourself with evacuation procedures operating in the buildings in which you attend classes and take the time to view the Emergency video.

Course Learning Outcomes

This unit is designed to support your development of the following course/study area learning outcomes.

BS05 Bachelor of Business

  1. Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
    Relates to: ULO2, Entrepreneurial mindset self-assessment, Self Pitch
  2. Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
    Relates to: ULO3, Entrepreneurship Identity Self-Development Plan
  3. Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
    Relates to: ULO1, Entrepreneurial mindset self-assessment, Self Pitch, Entrepreneurship Identity Self-Development Plan
  4. Exercise independent judgement and initiative in adapting and applying knowledge and skills for effective planning, problem solving and decision making in diverse contexts.
    Relates to: ULO1
  5. Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
    Relates to: ULO5, Entrepreneurial mindset self-assessment, Entrepreneurship Identity Self-Development Plan
  6. Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
    Relates to: ULO5, Self Pitch
  7. Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
    Relates to: ULO4, Entrepreneurial mindset self-assessment, Self Pitch, Entrepreneurship Identity Self-Development Plan
  8. Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
    Relates to: ULO3, Entrepreneurship Identity Self-Development Plan

BS06 Bachelor of Business

  1. Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
    Relates to: Entrepreneurial mindset self-assessment, Self Pitch
  2. Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
    Relates to: Entrepreneurship Identity Self-Development Plan
  3. Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
    Relates to: Entrepreneurial mindset self-assessment, Self Pitch, Entrepreneurship Identity Self-Development Plan
  4. Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
    Relates to: Entrepreneurial mindset self-assessment, Entrepreneurship Identity Self-Development Plan
  5. Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
    Relates to: Self Pitch
  6. Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
    Relates to: Entrepreneurial mindset self-assessment, Self Pitch, Entrepreneurship Identity Self-Development Plan
  7. Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
    Relates to: Entrepreneurship Identity Self-Development Plan

BS08 Bachelor of Business - International

  1. Demonstrate and apply integrated discipline (including technical) knowledge across the broad field of business with depth in one or more core business disciplines.
    Relates to: Entrepreneurial mindset self-assessment, Self Pitch
  2. Demonstrate and apply knowledge of socially responsible behaviour in analysing and addressing business issues in national and international business contexts.
    Relates to: Entrepreneurship Identity Self-Development Plan
  3. Investigate real world business issues and situations through the effective analysis, evaluation and synthesis of theory and practice.
    Relates to: Entrepreneurial mindset self-assessment, Self Pitch, Entrepreneurship Identity Self-Development Plan
  4. Use information literacy skills, and communicate effectively and professionally in written forms and using media appropriate for diverse purposes and contexts.
    Relates to: Entrepreneurial mindset self-assessment, Entrepreneurship Identity Self-Development Plan
  5. Use information literacy skills, and communicate effectively and professionally in oral forms, appropriate for diverse purposes and contexts.
    Relates to: Self Pitch
  6. Exercise self-reflection, responsibility and accountability in relation to own learning and professional practice.
    Relates to: Entrepreneurial mindset self-assessment, Self Pitch, Entrepreneurship Identity Self-Development Plan
  7. Demonstrate and apply knowledge of ethical and legal principles and practices in analysing and responding to business issues.
    Relates to: Entrepreneurship Identity Self-Development Plan