Study-Unit Description

Study-Unit Description


CODE IOT2001

 
TITLE Innovation and Entrepreneurship

 
UM LEVEL 02 - Years 2, 3 in Modular Undergraduate Course

 
MQF LEVEL Not Applicable

 
ECTS CREDITS 8

 
DEPARTMENT The Edward de Bono Institute for the Design and Development of Thinking

 
DESCRIPTION The course starts with a discussion on entrepreneurship focused primarily on exploring entrepreneurial theory and dispelling common misperceptions about the subject. Foremost among these is the misunderstanding that entrepreneurship is a personality trait. Just like creativity, entrepreneurship can also be a behavioural trait and entrepreneurial skills can be learnt.

The study-unit explores how innovation is generated; how ideas are developed and how designs and inventions are translated into products. Students will learn how innovation and entrepreneurship are possible in different organisations. Furthermore, students will be able to explore theoretical aspects of entrepreneurship and innovation.

One main objective of the study-unit is for students to gain a clear understanding of what makes technology valuable and how such value can be deliberately designed. Students will learn about what is involved in starting up their own business and will discover that creativity and innovation are important determinants of new venture success. The study-unit will highlight the importance of creativity, clarity and practicality when formulating a business plan and students will learn that these factors are indispensable whether they should decide to seek employment or to start their own business in the future.

This study-unit is expected to provide a springboard for developing skills and understanding in order to enable students to become innovative and explore entrepreneurship. The study-unit is designed to provide practical and readily applicable entrepreneurial concepts and competencies.

Reading List:

- Bruce, M., & Bessant, J. (2002). Design in business - Strategic innovation through design. Pearson Education Ltd.
- Coade, N. (1997). Be creative - The toolkit for business success. Intl. Thomson Business Press.
- Chia, R. (2002). Entrepreneurial strategising: The tacit mode. Paper presented at the 5th Conference on the Dynamics of Strategy. UK: University of Surrey.
- de Bono, E. (1993). Sur/petition: Creating value monopolies when everyone else is merely competing (going beyond competition). Harper Business Press.
- Drucker, P. F. (1985). Entrepreneurship & innovation: Practice and principles. NY: Harper and Row
- Drucker, P. F. (2006). Innovation and entrepreneurship. Collins.
- Argyle, P., Fuller, T. and Warren, L. (2005), Towards a Complex Explanation of Innovation as Order Creation Through Emergence, paper presented at the Complexity Science and Society Conference. - Liverpool, UK: Centre for Complexity Research, University of Liverpool.
- Godin, S. (2002). Purple cow. London: Penguin Books.
- Jenson, S. (2002). The simplicity shift: Innovative design tactics in a corporate world. Cambridge, UK: Cambridge University Press.
- Kawasaki, G. (2004). The art of the start: The time-tested, battle-hardened guide for anyone starting anything. London: Penguin Books.
- Kunkel, S. (2001). Toward a typology of entrepreneurial activities. Academy of Entrepreneurship Journal, 7(1): 75 - 90.
- Maeda, J. (2006). The laws of simplicity. Boston: MIT Press.
- Mazzarol, T., Volery, T., Doss, N., & Thein, V. (1999). Factors influencing small business start-ups : A comparison with previous research. International Journal of Entrepreneurial Business Behaviour & Research, 5(2), 48 - 63.
- Myers, G., & Myers, M. (1997). The dynamics of human communication - A laboratory approach. McGraw Hill.
- Shane, S., & Venkataraman, S (2000). The promise of entrepreneurship as a field of research. Academy of Management Review, 25(1): 217-226.
- Sightler, K.W. (2001). Are the common myths of entrepreneurship all that common? The Entrepreneurial Executive, 6:13-32.
- Stutely, R. (2002). The definitive business plan. FT Prentice Hall.
- Tidd, J., Bessant, J., & Pavitt, K. (2005). Managing innovation: Integrating technological, market and organizational change. UK: Wiley.
- Vise, D. A. (2005). The Google story. NY: Random House
- Watson, K., Hogarth-Scott, S., & Wilson, N. (1998). Small business start-ups: Success factors and support implications. International Journal of Entrepreneurial Behaviour & Research, 4(3), 217 - 238.
- Wickham, P. A. (2003). Strategic entrepreneurship. FT Prentice Hall.
- Wozniak, S. and Smith G. (2006) iWoz: From computer geek to cult icon, NY: W. W. Norton.

 
STUDY-UNIT TYPE Lecture and Workshop

 
METHOD OF ASSESSMENT
Assessment Component/s Sept. Asst Session Weighting
On-Line Postings No 20%
Presentation No 30%
Assignment Yes 50%

 
LECTURER/S Leonie Baldacchino
Shirley Pulis Xerxen

 

 
The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints.
Units not attracting a sufficient number of registrations may be withdrawn without notice.
It should be noted that all the information in the description above applies to study-units available during the academic year 2025/6. It may be subject to change in subsequent years.

https://www.um.edu.mt/course/studyunit