Entrepreneurship and New Venture Creation - 2016

To enrol in this unit, you must be accepted into a course from the provider. Read before you start
This page is for past year, View 2017 unit details.

Unit summary


  • Level of Study: Postgraduate
  • Study load: 0.125 EFTSL
  • Delivery method: Fully Online
  • Prerequisites: No
  • Duration: 12 weeks
  • Government loans available: FEE-HELP
  • Availability for 2016: Sess 3
  • Assessment: Paper - Theory and practice paper (25%) , Participation - Class participation (10%) - Learn more

Unit provided by

2016 Fees
Domestic 4,080.00
International 4,330.00

New business ventures and entrepreneurship are exciting challenges in business practice. Your developmental and research work for new business ventures can be quite complex before the effective commercialisation of new products. You are encouraged to develop 'the entrepreneurial mindset'. You will deal with the issues which arise in the transformation, production and commercialisation of new business ventures. You will draw from perspectives derived from innovation and entrepreneurial development, link technology, products and markets in practical terms, and reflect and analyse critically your strategic business decisions and plans.

At the completion of this unit students will be able to:

  1. show critical insights into the issues surrounding the development of new business ventures
  2. understand “the entrepreneurial mindset”
  3. demonstrate appreciation of strategies regarding business development and the commercialisation of new products and ideas
  4. understand the information and economic needs pertaining to the lifecycle of new business projects and ventures
  5. understand the relationship between good management, good strategies and new business ventures
  6. better appreciate the dynamics between economic development and the growth of new businesses
  7. show understanding of the relationships between knowledge, ideas and value-added business processes
  8. appreciate the potential synergies with a product portfolio.
  • Paper — Theory and practice paper (25%)
  • Participation — Class participation (10%)
  • Presentation — Theory and practice presentati (15%)
  • Proposal — Proposal/Pitch (50%)

There are no prerequisites for this unit.

  • Broadband access

In order to enrol in this unit, you must be accepted into one of the following courses:

Please visit the course details page and read the Requirements tab for more information about eligibility.

This unit addresses the following topics.

1Introduction and Entrepreneurship
3New Venture Creation
4Financial Issues in New Venture Creation
5Legal Issues in New Venture Creation
6New Venture Work in Progress
7Marketing Issues for New Venture Creation
8Preparing the Business Plan, Information and Advice and ¿The Pitch¿
9Acquiring an Existing Business and Leveraged Buy Outs
10Deal Structure
11Managing the Growth Enterprise I ¿ Strategic Control
12Managing the Growth Enterprise II ¿ Growth and Risk

This unit is delivered using the following methods and materials:

Instructional Methods

  • Discussion Forum/Discussion Board
  • Embedded Multimedia
  • Online assignment submission
  • Standard Media
  • Web links

This unit is an approved elective in the following courses:

This unit may be eligible for credit towards other courses:

  1. Many undergraduate courses on offer through OUA include 'open elective' where any OUA unit can be credited to the course. You need to check the Award Requirements on the course page for the number of allowed open electives and any level limitations.
  2. In other cases, the content of this unit might be relevant to a course on offer through OUA or elsewhere. In order to receive credit for this unit in the course you will need to supply the provider institution with a copy of the Unit Profile in the approved format, which you can download here. Note that the Unit Profile is set at the start of the year, and if textbooks change this may not match the Co-Op textbook list.

Textbooks are subject to change within the academic year. Students are advised to purchase their books no earlier than one to two months before the start of a unit.

Click on the titles of the listed books below to find out more:

Required textbooks

There are no required textbooks for this unit.

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