This is an archived handbook for a previous year. The current undergraduate and postgraduate handbooks can be viewed using the links above.
Postgraduate Handbook 2008-2009 (archived)
Module BUSI5C715: New Venture Creation
Department: Economics, Finance and Business (Business)
BUSI5C715: New Venture Creation
| Type | Level | Credits | Availability | Module Cap | Location |
|---|---|---|---|---|---|
| Tied | 4 | 15 | Available in 2008/2009 | Durham |
Tied To
Pre-requisites
- None
Corequisites
- None
Excluded Combinations
- None.
Aims
- To provide students with advanced understanding of key issues associated with starting and growing an entrepreneurial firm.
Content
- Entrepreneurial process and new venture creation
- Opportunity recognition and development
- Environments for entrepreneurship
- Entrepreneurial strategies
- Business plan and resource requirements
- Creating the organisation - role of the entrepreneur and team formation
- Obtaining venture and growth capital
- Managing rapid growth
- Corporate venturing, university spin-offs and social entrepreneurship
Learning Outcomes
Subject-specific Knowledge
- Have an advanced understanding of the concepts associated with recognising and developing entrepreneurial opportunities;
- Have a critical appreciation of the theories about entrepreneurial strategies, management team formation and managing rapid growth;
- Have an advanced understanding of the role and impact of investors in entrepreneurial firms;
- Have a critical appreciation of the differences between various entrepreneurial contexts such as corporate venturing, university spin-offs and social entrepreneurship.
Subject-specific Skills
- Be able to write a sound business plan, and to critically evaluate business plans.
Key Skills
Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module
- The learning outcomes will be met through a combination of lectures, guided reading, individual exercises and consultations, and group discussion of case studies.
- The assessment of the module, by written assignment, is designed to test: the acquisition and articulation of knowledge; conceptual understanding and skills of application and interpretation within the business context.
Teaching Methods and Learning Hours
| Activity | Number | Frequency | Duration | Total Hours | Attendance Monitored |
|---|---|---|---|---|---|
| Lectures/workshops | 9 | 2 hours | 18 | ||
| Seminars | 4 | 1 hour | 4 | Yes | |
| Preparation & Reading | 128 | ||||
| Total | 150 |
Summative Assessment
| Component | Component Weighting | Element | Length/Duration | Element Weighting | Resit Opportunity |
|---|---|---|---|---|---|
| Written assignment | 100% | Written assignment including a business plan | 3,000 words (Max.). | 100% |
Formative Assessment
Group project and group presentation
Students who do not attend monitored activities shown under Teaching Methods
and Learning Hours, or who fail to complete the summative or formative
assessment(s) specified above, may be subject to the Academic Progress
procedures defined in the University's General Regulation V, and may be
required to leave the University.