Entrepreneurship and innovation

Available to study from April 2023.

Entrepreneurship is at the heart of any economy. Since the 1980s, successive British governments have sought to promote entrepreneurship to tackle economic problems and capitalise on the private/public knowledge-base.  

The module brings together theory and practice and is organised under four main themes. 

Theme 1: Entrepreneurship and Innovation: theories of entrepreneurial behaviour. From Schumpeter and Penrose to theories of organisational growth and survival to conceptualisations of uneven geographies of entrepreneurial activity. 

Theme 2: Understanding innovation. Definitions of innovation. Innovative as an interactive process.  

Theme 3: Entrepreneurship and innovation in practice. University spin-offs, innovation in manufacturing and services 

Theme 4: Entrepreneurship and innovation support systems: public and private programmes. Theoretical explanations for how public policy at international, national and regional scales influences the climate for entrepreneurship and innovation.  

Topics covered

  • Defining entrepreneurship and entrepreneurial behaviour 
  • Innovation as an interactive process 
  • Business closure 
  • Innovation as a management process 
  • Business growth 
  • Innovation in manufacturing and service 
  • Financing innovative small firms 
  • Academic entrepreneurship 
  • The role of public policy in supporting entrepreneurship and innovation. 

Learning outcomes

On successful completion of this module, you will be expected to be able to:  

  • analyse information on entrepreneurship and innovation and synthesise it to evaluate decision alternatives. 
  • understand the nature and processes of entrepreneurship and innovation by applying various concepts to an understanding of the management of new business creation and growth. 
  • understand and critically assess issues of entrepreneurial behaviour and innovation and firm performance. 
  • develop the capability for evaluating enterprise policies in different national and regional contexts, including public and third sector organisations.  

Assessment

  • Online multiple choice question test (MCQs) (25%) 
  • Unseen end of term online examination (75%)