This course aims to develop an appreciation and understanding of the role of the entrepreneur in creating value by innovation for a business and society. The elements that make up success and failure in innovation are examined. These elements relate to the role that the entrepreneur plays in coordinating the business venture (planning) and in the process of handling uncertainty that innovation entails. Students take creatively developed opportunities and subject them to strict technical and commercial feasibility tests to uncover any possible fatal flaws. Entrepreneurs in various forms of business situations will be examined, including gaining finance, obtaining public sector support or private sector advice. How entrepreneurs innovate and then make the appropriate investment decisions are the crucial issues in commercialising innovation.
* excluding students enrolled in a Postgraduate Clinical Psychology, Professional Pathway Psychology or Professional Pathway Social Work program. For accredited program and student contribution information please visit our CSP page.
Note: Due to the Job-ready Graduates Package new funding clusters and contribution amounts will take effect in the 2021 academic year. Grandfathering arrangements will be in place for students who would see an increase in their contribution amounts. Under these arrangements, students who commenced their course of study before 1 January 2021 facing increased student contribution amounts for a unit, will instead have their student contribution and Australian Government contribution amounts remain as they were under the previous arrangements (with existing rates being indexed by CPI each year). If continuing students are enrolled in units that will see their student contribution amount lowered, their student contributions will be the lowered amount