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BUSI4X215: Thinking Entrepreneurially

It is possible that changes to modules or programmes might need to be made during the academic year, in response to the impact of Covid-19 and/or any further changes in public health advice.

Type Tied
Level 4
Credits 15
Availability Available in 2024/2025
Module Cap None.
Location Durham
Department Management and Marketing

Prerequisites

  • None.

Corequisites

  • None.

Excluded Combinations of Modules

  • None.

Aims

  • The module aims to:
  • Introduce a psychological approach to entrepreneurship
  • Help students to understand how they can cultivate an entrepreneurial mindset, which can be applied in an entrepreneurial or organizational context
  • Improve students confidence in decision-making in dynamic and uncertain environments, using entrepreneurship as a relevant context
  • Empower students to practice self-empathy and empathy when they engage in, or manage entrepreneurial actions.

Content

  • Introduction: The entrepreneurial mindset
  • Entrepreneurial ideas into action
  • Entrepreneurial decision-making under uncertainty
  • Impulsive entrepreneurial action
  • A psychological perspective to raising capital
  • Adapting, persisting, and failing entrepreneurially
  • Leading entrepreneurially
  • Emotions and entrepreneurial wellbeing.

Learning Outcomes

Subject-specific Knowledge:

  • Improve their capacity to think entrepreneurially in different organizational contexts.
  • Understand how individuals cognition, including their emotions and neurodiverse traits, influence entrepreneurial action.
  • Demonstrate a broad understanding of the main theories of entrepreneurial action.
  • Understand how the interplay between an individuals entrepreneurial mindset and the broader environment influences entrepreneurial intentions, decisions and actions.

Subject-specific Skills:

  • Students will be able to:
  • Develop cognitive skills such as the ability to think critically about entrepreneurial processes within new or established firms.
  • Develop ideation skills, by learning techniques that will help them to generate ideas.
  • Develop empathy which can improve relations and communication with future stakeholders such as customers, employees, and investors.

Key Skills:

  • Written and oral communication skills
  • Planning, organizing and time management
  • Decision-making
  • Presentation skills
  • Teamwork
  • Critical evaluation skills (group presentations involve students exchanging feedback).

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

  • Learning outcomes will be met through a combination of lectures, seminars, group presentations where students will exchange feedback, and engagement with the modules summative assessment.
  • The lectures will introduce students to a psychological approach in entrepreneurship. The seminars will entail participation in games and exercises that will help students to immerse in entrepreneurial ideation and decision-making under uncertainty. The seminars will also encourage students to make connections between lecture-based theoretical content and empirical content based on popular podcasts.
  • The summative assessment will involve a written discussion of a podcast episode on a topic related to the lecture content, to test students ability to integrate theory and practice.

Teaching Methods and Learning Hours

ActivityNumberFrequencyDurationTotalMonitored
Workshops10weekly3 hours30Yes
Preparation and reading120 
Total150 

Summative Assessment

Component: Individual AssessmentComponent Weighting: 100%
ElementLength / DurationElement WeightingResit Opportunity
Individual Essay2500 words100Same

Formative Assessment

Students will receive feedback on their seminar contributions and a group presentation, where students will also exchange feedback.

More information

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Current Students: Please contact your department.