Topic outline
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Task
Access the case study and respond to the prompts.
Learning Outcome
After completing this task you should be able to:
- understand the connection between innovation and entrepreneurship
- distinguish between newness and value added
Due
Midweek 1.
Suggested Procedure
- Form a response to the following:
- Entrepreneurship and innovation are interrelated but what are the important distinctions?
- Which notable entrepreneurs come immediately to your mind?
- To what industry do they primarily belong?
- What country do they primarily come from?
- What does this say about what we value or about whose successes are celebrated?
- What can be inferred about the most innovative and/or largest corporations you think of today? Have they always been innovative? Have they always been successful?
- Access your selected case study:
- Case study 1.1: Social Entrepreneurship
- Case study 1.2: Technology Innovation and Commercialisation
- Case study 1.3: Corporate Entrepreneurship
- Case study 1.4: Family Business
- Identify the innovation that triggered the venture.
- What aspects of the innovation do you perceive as novel and/or of value?
- Where does the innovation position the venture amongst its competitors?
- How could the venture ensure that its business model remains profitable?
- Post your responses to the Learning Task 1.3 Forum.
- After posting, read the responses from your peers.
- Comment on at least one post that helped contextualise the novelty and value of the innovation.
- Be sure to reply to any comments and/or questions on your postings.
- The course teaching team will be facilitating discussions during the week and will summarise the key ideas after everyone has had a chance to respond.
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