STMG324-18B (HAM)

Entrepreneurship and Innovation

20 Points

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Waikato Management School
Te Raupapa
School of Management and Marketing

Staff

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Convenor(s)

Lecturer(s)

Administrator(s)

: helena.wang@waikato.ac.nz
: lori.jervis@waikato.ac.nz
: sade.lomas@waikato.ac.nz

Placement Coordinator(s)

Tutor(s)

Student Representative(s)

Lab Technician(s)

Librarian(s)

: clive.wilkinson@waikato.ac.nz

You can contact staff by:

  • Calling +64 7 838 4466 select option 1, then enter the extension.
  • Extensions starting with 4, 5 or 9 can also be direct dialled:
    • For extensions starting with 4: dial +64 7 838 extension.
    • For extensions starting with 5: dial +64 7 858 extension.
    • For extensions starting with 9: dial +64 7 837 extension.
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Paper Description

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The focus of this paper will be to provide sufficient materials to students to allow them the development and start-up of their own business as well as to act entrepreneurially in firms of all sizes by adding to/changing/reducing the business in form of new opportunities. Entrepreneurship is not merely a function of small/new businesses, but also connects with the culture in large firms, where innovation and the creativity to excel, are important cultural features to succeed. Supporting, understanding and functioning in, an entrepreneurial culture is a vital ingredient to a successful management career. Course materials will greatly focus on practical tasks required by entrepreneurs, as to be relevant in day-to-day business. This paper will integrate current business news with the course materials, from New Zealand and other countries, to assure that all materials are up-to-date and relevant.
This paper is supported through a 'secret' online group on social media. In that online group, assessments are posted, handout materials are posted, questions are answered and group presentation/report performance is supported. There are no tutorials in this paper; the 24/7 online social media support takes over the support otherwise offered through tutorials. This paper combines 324 and 424 groups, both in Tauranga and in Hamilton, so take care to note the different assessment requirements for 324 and 424 customers. Tauranga customers should attend the final presentation of their proposal in the Dragon's Den format in Hamilton live, but may also contribute via video feed, if there is absolutely no way to make it to Hamilton in person one time, and for the very last class session.
Due to the extensive use of copyrighted material by the Professor and guest presenters, NO RECORDING of any lecture material is permitted.
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Paper Structure

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This paper is taught through a blend of in-class lectures, online lecturing, ZOOM video meetings and a Dragon's Den-style final presentation in a competition format, with external judges.
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Learning Outcomes

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Students who successfully complete the course should be able to:

  • Understand and apply the vocabulary and theory of entrepreneurship
    Customers will demonstrate the ability to discuss complex entrepreneurship topics with confidence and competence.
    Linked to the following assessments:
  • Demonstrate the principles to transition from theory to practice
    Customers will demonstrate the ability to develop a sophisticated and realistic plan for a new business.
    Linked to the following assessments:
    Group Presentation (2)
  • Find solutions to common start-up problems
    Customers will demonstrate the ability to identify common hurdles to a successful entrepreneurial venture and then apply the most appropriate solutions.
    Linked to the following assessments:
    Online Case Review (1)
  • Demonstrate a comprehensive approach to integrate theory and practice
    Customers will demonstrate the ability to apply theory from the management literature on entrepreneurship to practical reality.
    Linked to the following assessments:
    Online ZOOM Video Meetings (3)
  • Become employable in an entrepreneurial setting
    Customers will be able to demonstrate that they can present themselves with skills to a prospective employer, that are desirable in entrepreneurial settings.
    Linked to the following assessments:
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Assessment

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A+ The student’s work is outstanding in every respect showing an excellent ability to define the problem, analyse the problem using sophisticated analytical techniques and draw conclusions that are wholly located in the literature showing contributions to the literature and/or management practice. The number of references used will display ability to search the literature. Grammar and text structure is excellent and proper referencing is adopted with the provision of clear examples where appropriate. In cases of projects this implies that a potential exists for a student to be a sole author of a conference or journal paper. The conceptualisations go significantly beyond those discussed in class and are innovative in nature and strongly argued.

A The student’s work is of an excellent standard but minor errors of a typographical or referencing nature are found. The student will have shown an excellent ability to define the problem, analyse the problem using sophisticated analytical techniques and draw conclusions that are wholly located in the literature showing contributions to the literature. Grammar is excellent and proper referencing is adopted. The number of references used will display ability to search the literature. In cases of projects this implies that a potential exists for a student to be a sole author of a conference or journal paper. Conceptualisation goes beyond that discussed in class and new ideas are introduced and strongly argued.

A- The work is significantly above average in standard, showing an above average ability to define the problem, analyse the problem using sophisticated analytical techniques and draw conclusions that are wholly located in the literature showing contributions to the literature. There may be minor typographical and referencing errors. The candidates provide evidence of being able to develop conceptualisation beyond that done in class.

B+ The work is of a good to above average standard showing good understanding of concepts, issues and literature beyond the obvious, thereby showing good evidence of additional learning. It is conscientious, well presented but possibly has not fully integrated concepts into a whole. Answers may be serial in nature without fully attempting a holistic assessment of the response to a problem. The work will draw upon an appropriate number of references but there may be some omissions in the literature. There may be a small number of typographical errors. There are clear, logical arguments identifying some of the clear critical issues for analysis with a clear thesis/hypothesis statement.

B The work is of average standard showing a clear understanding of the concepts and issues that is to be expected of a student at a given standard of work. There may be a few factual errors, but these are not sufficient in number or significant in nature to generally detract from the main thrust of the argument. The main hypotheses are clearly stated, but some nuances may be left unattended. Writing is still clear with few errors of grammar and syntax.

B- The work is of an average to slightly below average standard. It is generally conscientious and the number of references used will be acceptable in number but do not provide evidence of detailed search for information/authorities. The analysis is acceptable but shows little innovative thinking being generally conventional and dependent upon a comparatively small number of authorities. The work will be generally properly displayed and contain a conclusion and bibliography but may contain omission of expected authorities and typographical errors of a minor nature. Arguments may be partial and not fully developed.

C+ The work displays understandings of the concepts and issues being discussed and an ability to correctly frame argument and draw conclusions. It contains errors of fact and/or interpretation that are sufficient to partially nullify the answer being provided. It may draw upon very few references, contain a significant number of typographical errors and be incorrectly referenced. Nonetheless it will be conscientious in that it shows basic levels of understanding and awareness to permit a pass grade. It identifies the main issues, even if incomplete in nature. The text is still readable and sound.

C The work is of below average level but sufficient to obtain a pass standard. It shows evidence of some understanding of the subject matter; ability to develop solutions to simple problems; benefitting from his/her university experience. Grammar and editing errors are present.

C- This is work of a bare pass standard. The student has shown an awareness of the nature of the issue, but such understanding, while not wholly incorrect, is relatively unsophisticated. The work will contain errors that are of some significance but on balance are not quite sufficient to cause the student to fail. There may be a minimal number or references.

Fail Grades

  • These will be characterized a number of faults that may include:
    Poor research skills demonstrated by inappropriate or few references.
    Poor standards of grammar and syntax.
    Inadequate referencing.
    Misunderstanding the nature of the task given and the means appropriate to completing the task.
    A failure to focus on the main concepts/arguments/issues set in the task
    Misunderstandings about the content of references used.
    Undue brevity.
    An inability to develop an argument in a logical and rational manner
    – the argument may be disjointed and be irrelevant to the task in hand.
    Misunderstandings of the nature of the task set, the problems posed and the solutions required.
    A failure to provide evidence to support contentions.
    Non-performance in that work is not submitted in the time required with no valid reason being provided
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Assessment Components

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The internal assessment/exam ratio (as stated in the University Calendar) is 100:0. There is no final exam. The final exam makes up 0% of the overall mark.

The internal assessment/exam ratio (as stated in the University Calendar) is 100:0 or 0:0, whichever is more favourable for the student. The final exam makes up either 0% or 0% of the overall mark.

Component DescriptionDue Date TimePercentage of overall markSubmission MethodCompulsory
1. Online Case Review
14 Aug 2018
3:00 PM
30
  • Presentation: In Class
2. Group Presentation
9 Oct 2018
3:00 PM
25
  • In Class: In Lecture
3. Online ZOOM Video Meetings
28 Oct 2018
5:00 PM
30
  • In Class: In Test
4. Group Report
9 Oct 2018
5:00 PM
15
  • Online: Submit through Moodle
Assessment Total:     100    
Failing to complete a compulsory assessment component of a paper will result in an IC grade
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Required and Recommended Readings

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Required Readings

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Online Support

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24/7/365 online support in the designated Facebook Group "Waikato Venture 2016"
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Workload

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Contact hours per week sas stated, and 3-5 hours per week of additional reading time, and 3-8 a week for Dragon's Den project preparation.
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Linkages to Other Papers

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Prerequisite(s)

Corequisite(s)

Equivalent(s)

Restriction(s)

Restricted papers: STMG424

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