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MN50560: Navigating the entrepreneurial journey

Follow this link for further information on academic years Academic Year: 2013/4
Follow this link for further information on owning departmentsOwning Department/School: School of Management
Follow this link for further information on credits Credits: 3
Follow this link for further information on unit levels Level: Masters UG & PG (FHEQ level 7)
Follow this link for further information on period slots Period: Modular (no specific semester)
Semester 2
Follow this link for further information on unit assessment Assessment: CW100
Follow this link for further information on supplementary assessment Supplementary Assessment: Like-for-like reassessment (where allowed by programme regulations)
Follow this link for further information on unit rules Requisites:
Follow this link for further information on unit content Description: Aims:
Are entrepreneurs successful because they are special, or special because they are successful? In this course, we will unpack the entrepreneurial journey in order to develop conceptual and practical understanding of the nature, antecedents, consequences, and contingencies of acting in the face of an uncertain future. We will focus on the judgments and commitments that lie at various junctions of the journey as well as on the social processes that shape its ultimate outcomes. We will also explore the mechanisms that generate a distinct pattern of entrepreneurial outcomes, with a few big hits and a long tale of mediocre outcomes, as well as the implications of the impossibility to distinguish the two types of outcome beforehand.
A number of different learning methods will be used to achieve these aims: group work, cases, video, exercises, and lecturing.

Learning Outcomes:
By the end of this unit, the student should:
* Evaluate the future as a range of probabilities;
* Formulate and assess entrepreneurial judgment;
* Analyse the complex nature of entrepreneurial outcomes and synthesise the processes that generate them;
* Construct an emergent action strategy to harness the complexity and unpredictability of the future.

Skills:
Systems thinking - facilitated and assessed
Critical thinking - facilitated and assessed
Research skills - facilitated and assessed.

Content:
The unit will cover the following topics. Each topic will blend conceptual frameworks with practical cases.
* The nature, context, and process of entrepreneurship
* Prediction in entrepreneurial settings
* Entrepreneurial judgment and action
* Entrepreneurship as a complex system
* Emergence and positive feedback in entrepreneurship
* Levers for harnessing complexity
* Elements of emergent action strategy.
Follow this link for further information on programme availabilityProgramme availability:

MN50560 is Optional on the following programmes:

School of Management
Notes:
* This unit catalogue is applicable for the 2013/14 academic year only. Students continuing their studies into 2014/15 and beyond should not assume that this unit will be available in future years in the format displayed here for 2013/14.
* Programmes and units are subject to change at any time, in accordance with normal University procedures.
* Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.