Study-Unit Description

Study-Unit Description


CODE YTH2021

 
TITLE Young People and Entrepreneurship

 
LEVEL 02 - Years 2, 3 in Modular Undergraduate Course

 
ECTS CREDITS 4

 
DEPARTMENT Youth and Community Studies

 
DESCRIPTION Entrepreneurial skills are not only important for business but also to enable a better quality of social interaction and commitment. Entrepreneurship is defined as "when actions take place on the basis of opportunities and good ideas, and these are translated into value for others. The value thus created can be of an economic, social or cultural nature." (The Danish Foundation for Education, 2011).

During this study-unit students will cover the basic notions that will encourage the development of entrepreneurial skills, namely public speaking, leadership, organizational skills, team work, market research, financial management and priority setting, trend setting, effective use of resources, collective efforts, inter- and intra-communication skills.

For young people learning entrepreneurial skills not only enables them to be creative and find innovative ideas that can earn them a living, but also empowers them to become leaders in the community, to create effective teams to achieve goals, and to remain resilient in front of adversity.

This study-unit is intended to introduce the students to core values of entrepreneurship, such as:
- leadership and the processes of decision making and decision taking, following a structured plan devised to achieve set common goals;
- empowerment, co-operation and dialogue to create a strongly motivated team set on generating ideas and implement them to achieve common objectives and targets;
- innovation, invention and creativity in order to devise new strategies that will make of change a welcome opportunity to achieve better results remain resilient in times of adversity.

The students will be shown through set examples how these values have enabled different forms of community to strive and achieve their objectives in education, business and in the fight against poverty and social exclusion, especially through the business model of social enterprise.

Students will be given the opportunity to assess how through a spirit of enterprise marginal communities have regenerated not just the physical space they live in, transforming it into an affluent neighborhood, but also created a stronger spirit of community through co-operation and shared objectives leading to a better state of wellbeing for the whole community.

Study-unit Aims:

The aims of this study-unit are:

1. To stimulate within the students an entrepreneurial mentality and encourage them to apply it in their undertakings;
2. To expose to the students to entrepreneurial skill-sets that may be relevant to their field of study;
3. To encourage the youth work students to promote a culture of creativity and innovation as a means towards the betterment of social wellbeing.

Learning Outcomes:

1. Knowledge & Understanding:
By the end of the study-unit the student will be able to:

1. firmly grasp entrepreneurial concepts such as leadership, teamwork and team-building, creativity, innovation, resilience, change management, decision making, decision taking, co-operation, goal setting;
2. have a working knowledge of different entrepreneurial skill-sets that are applicable to social enterprises.

2. Skills:
By the end of the study-unit the student will be able to:

1. apply concepts into actual practice in the community, thus improving the ability to create and work in teams; show a better sense of leadership, elicit creative ideas and stimulate others to join forces to implement them; create a stimulating environment where ideas are shared, goals are set and achievement rewarded;
2. prescribe the necessary schemes that will ensure young people can identify opportunities even in adversity and empower others to be resilient and create prospects through creative ideas, stimulating them to achieve set goals and targets.

Main Text/s and any supplementary readings:

Essential Bibliography:

- Bornstein David, How to Change the World: Social Entrepreneurs and the Power of New Ideas, Oxford University Press, 2004.
- Nicholls Alex (ed.), Social Entrepreneurship: New Models of Sustainable Social Change, Oxford University Press, 2007.
- Shor Ira, Empowering Education, University of Chicago Press, 1992.

Supplementary:

- Bandura A., Self Efficacy: The Exercise of Control, Freeman, 1997.
- Dyer J, Gregersen H, and Christensen C, The Innovator's DNA - Mastering the five skills of disruptive innovators, Harvard Business Review Press, 2011.
- Nielsen SL, Klyver K, Evald M, and Bager T., Entrepreneurship in Theory and Practice - Paradoxes in Play, University Press of Southern Denmark, 2009.

 
STUDY-UNIT TYPE Lecture

 
METHOD OF ASSESSMENT
Assessment Component/s Assessment Due Resit Availability Weighting
Assignment SEM2 Yes 100%

 
LECTURER/S

 
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 2020/1. It may be subject to change in subsequent years.

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