University of Sydney Handbooks - 2011 Archive

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Innovation & Enterprise

This section outlines the Innovation and Enterprise postgraduate coursework programs offered by the University of Sydney Business School. The available course is as follows:

Graduate Certificate in Innovation and Enterprise

Overview of the course

Course code
CRICOS code
Course abbreviation
FG012
 066136E
 GradCertInn&Ent

This course will help develop commercially aware and empowered entrepreneurs. It is designed to equip participants with the skills and experience necessary to build a business in a variety of industries. The Graduate Certificate in Innovation and Enterprise will be relevant to people with a variety of interests including the self-employed, researchers, creative artists, and social activists. Essentially the course ensures participants gain valuable skills and know-how in:

  • Identifying and understanding opportunity, change and innovation.

    Developing successful businesses locally and internationally.
  • The skills associated with market research and intellectual property, financial and project management.
  • The interpersonal and communication skills relevant to entrepreneurial business activities, including leadership, teamwork and pitching skills.

Participants also have the opportunity to develop expertise in the commercialisation of research and other intellectual property, social entrepreneurship, or enterprise in the creative industries.

Please Note: Students currently enrolled in a research degree at the University of Sydney may be eligible for a scholarship to complete this Certificate under the Commercialisation Training Scheme. Further information is available from www.usyd.edu.au/ro/training/commercialisation.shtml.

Credit points required for completion and duration
Credit points
Duration (minimum)
24 0.5 years full-time
1 year part-time

Course structure and progression

Course requirements

To be awarded the Graduate Certificate in Innovation and Enterprise, students will successfully complete four units of study (24 credit points); comprising:

  • two core units of study (12 credit points)
  • two elective units of study (12 credit points).
Core units of study

Students must complete the following two core units of study (12 credit points):

  • IBUS5001 Strategy, Innovation and Global Business
  • IBUS6015 Strategy and Innovation Special Project.
Elective units of study

Students choose two electives units (12 credit points) from the following options:

  • IBUS6011 New Business Opportunities and Startups
  • IBUS6012 Business Growth and Innovation
  • IBUS6013 Business Restructuring and Renewal
  • IBUS6014 Intellectual Property Management
  • IBUS6016 Social Entrepreneurship
  • IBUS6017 Enterprise and the Creative Industries.
CTS Scholarship Recipients

CTS Scholarship Recipients who undertake the Graduate Certificate in Innovation and Enterprise will successfully complete the two compulsory units of study (12 credit points) listed above under 'Compulsory units of study' and the following two elective units (12 credit points):

  • IBUS6011 New Business Opportunities & Startups
  • IBUS6014 Intellectual Property Management.
Progression guides
(i) Full-time enrolment example

The following table illustrates a degree progression example for students enrolled in the Graduate Certificate in Innovation and Enterprise on a full-time basis undertaking four units of study (24 credit points) per semester. (Note: In this example, 'Sem' is an abbreviation for 'Semester'.)

Year Sem Units of study
1 1 IBUS5001
Strategy, Innovation and Global Business 		IBUS6015
Strategy and Innovation Special Project		 elective elective
(ii) Part-time enrolment example

The following table illustrates a degree progression example for students enrolled in the Graduate Certificate in Innovation and Enterprise on a part-time basis undertaking two units of study (12 credit points) per semester. (Note: In this example, 'Sem' is an abbreviation for 'Semester'.)

Year

Sem

Units of study

1

1

IBUS5001
Strategy, Innovation and Global Business

elective

2

IBUS6015
Strategy and Innovation Special Project

elective
(iii) CTS enrolment example

The following table illustrates a degree progression example for students enrolled in the Graduate Certificate in Innovation and Enterprise under the CTS Scholarship on a part-time basis undertaking two units of study (12 credit points) per semester. (Note: In this example, 'Sem' is an abbreviation for 'Semester'.)

Year

Sem

Units of study

1

1

IBUS5001
Strategy, Innovation and Global Business

IBUS6014
Intellectual Property Management

2

IBUS6011
New Business Opportunities and Startups

IBUS6015
Strategy and Innovation Special Project

Please Note. The information listed in these examples is based on the unit of study offerings for 2011 and is intended as a guide only. Students are usually able to complete the units of study in different sequences to those listed (including enrolling in units in Summer or Winter School sessions when available). Students are advised to plan their course based upon their individual needs and to contact the faculty€™s Student Information Office if they need any assistance in planning their progression in their course.

Units of study for the Graduate Certificate of Innovation and Enterprise

General information relating to unit of study offerings

The unit of study information listed is for 2011 and was correct at the time of printing of this handbook.

The Business School website (sydney.edu.au/business/pgunits) contains the most up to date information on unit of study availability or other requirements. Timetabling information for 2011 is also available on the faculty website (sydney.edu.au/business/timetable). Students should note that units of study are run subject to demand.

The units of study available for 2011 for these programs are detailed under:

  1. Table of postgraduate units of study: Graduate Certificate in Innovation and Enterprise
  2. Postgraduate unit of study descriptions: Graduate Certificate in Innovation and Enterprise
1. Table of postgraduate units of study: Graduate Certificate in Innovation and Enterprise
Unit of study Credit points A: Assumed knowledge P: Prerequisites C: Corequisites N: Prohibition Session
Core units of study
Students must complete all core units.
IBUS5001
Strategy, Innovation and Global Business 		6      Semester 1
Semester 2
IBUS6015
Strategy and Innovation Special Project 		6    P IBUS5001

Note: Department permission required for enrolment
Students need permission from the Discipline to enrol unless they are enrolled in the GradCertInn&Ent where this is a core unit or the MCom (Strategy and Innovation).
 Semester 1
Semester 2
Elective units of study
Students must complete two elective units.
IBUS6011
New Business Opportunities and Startups 		6    N WORK6112, IBUS5011
Semester 1
IBUS6012
Business Growth and Innovation 		6      Semester 2
IBUS6013
Business Restructuring and Renewal 		6      Semester 2
IBUS6014
Intellectual Property Management 		6      Semester 1
IBUS6016
Social Entrepreneurship 		6      Semester 1
IBUS6017
Enterprise and the Creative Industries 		6      Semester 2
CTS Scholarship Recipients
CTS Scholarship recipients must complete the following combination of core and elective units:
IBUS5001
Strategy, Innovation and Global Business 		6      Semester 1
Semester 2
IBUS6011
New Business Opportunities and Startups 		6    N WORK6112, IBUS5011
Semester 1
IBUS6014
Intellectual Property Management 		6      Semester 1
IBUS6015
Strategy and Innovation Special Project 		6    P IBUS5001

Note: Department permission required for enrolment
Students need permission from the Discipline to enrol unless they are enrolled in the GradCertInn&Ent where this is a core unit or the MCom (Strategy and Innovation).
 Semester 1
Semester 2
2. Postgraduate unit of study descriptions: Graduate Certificate in Innovation and Enterprise

Please Note. These unit of study descriptions are listed alphanumerically by unit code.

IBUS5001 Strategy, Innovation and Global Business

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 3hr seminar per week Assessment: Individual assignment (30%); Group assignment (30%); Final 2hr exam (40%)
This unit focuses on the application of strategic thinking in key business contexts with a particular focus on the global nature of business. Specific attention is given to: (i) the identification and managing of new business opportunites both for entrepreneurial start-ups and for new ventures that emerge within a corporate setting; (ii) business model innovation as a basis for new ventures and business growth; (iii) the identification and managing of the specific challenges and risks presented by operating in a global business environment.
IBUS6011 New Business Opportunities and Startups

Credit points: 6 Session: Semester 1 Classes: 1x 3 hr lecture/seminar per week Assessment: Group Presentation (15%); Group Project (20%); Individual Assignment (30%); Final Exam (35%)
For small open economies such as Australia's, opportunity identification and exploitation are often critical to firms' long-term growth and survival. Identifying new markets, developing new products and implementing new business models are highly-regarded and valuable skills for entrepreneurs and business managers alike. In addition to exploring the special problems (and advantages) associated with entrepreneurial start-ups, the unit will explore commercialisation and corporate venturing. Topics include opportunity recognition, structuring a business and investment proposal, venture capital and other funding sources, market entry strategies as well as entrepreneurial and creative leadership.
IBUS6012 Business Growth and Innovation

Credit points: 6 Session: Semester 2 Classes: 1x 3 hr lecture/seminar per week Assessment: Group Presentation (15%); Group Project (20%); Individual Assignment (30%); Final Exam (35%)
The business landscape is changing, with increasingly global business models and rapidly changing competitive environments buffeting established businesses. Businesses that have 'survived' startup are immediately challenged to build sustainable business models that continually leverage into new markets and products. This unit centres on business- and corporate-level strategy, focussing on the development of skills and knowledge required to spark and cope with rapid business growth. Topics will include harnessing and leveraging resources and capabilities, creating ventures that are international in scope, forming alliances, and mergers and acquisitions. This unit will also explore issues associated with avoiding the pitfalls of rapid growth.
IBUS6013 Business Restructuring and Renewal

Credit points: 6 Session: Semester 2 Classes: 1x 3hr lecture/seminar per week Assessment: Group Presentation (15%); Group Project (20%); Individual Assignment (30%); Final Exam (35%)
Entrepreneurial business opportunities do not always relate to early-stage or start-up businesses. Later-stage business investments, whether buying existing businesses or turning around failing enterprises, are a significant and growing focus of entrepreneurial activity. This unit explores the process of acquiring and reinvigorating established businesses and how to secure private equity funds (leveraged buy-outs) or corporate funding. The focus is on opportunity evaluation, business model innovation, management and revitalisation rather than financial structuring. Students will have the opportunity to apply the functional skills learned in core strategy, finance, marketing, and management units to real opportunities. As well as being of interest to those wishing to acquire and manage their own business, the unit is appropriate for those working in `big' business and the financial markets.
IBUS6014 Intellectual Property Management

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture and 1x 1hr seminar/wk Assessment: Presentation (10%); Projects (30%); Individual Essay (20%); Final Exam (40%)
Intellectual property (IP) represents the property of your mind, intellect, and proprietary knowledge.  There are a number of means of protecting your IP, including patents, copyright and trade marks.  Creating IP does not necessarily mean you own the rights to use it, as most forms require you to take formal steps to register your IP and obtain the legal rights of ownership (both in Australia and internationally).  This unit of study will cover aspects including the concept of IP, how to identify and protect it in a local and international context, creating the conditions to encourage and leverage IP in a commercial context, how to manage a portfolio of IP, and enforcement scenarios. The unit concentrates on how to utilise IP to create, control and exchange value, with particular attention paid to the practice of open innovation. 
IBUS6015 Strategy and Innovation Special Project

Credit points: 6 Session: Semester 1,Semester 2 Classes: 1x 3hr seminar/wk Assessment: Research proposal (20%); Critique (10%); Instructor updates (15%); Presentation (15%); Major research report (40%)
Note: Department permission required for enrolment
Note: Students need permission from the Discipline to enrol unless they are enrolled in the GradCertInn&Ent where this is a core unit or the MCom (Strategy and Innovation).
This unit of study is offered to students completing the Graduate Certificate in Innovation & Enterprise. It is designed to assist you develop your understanding of research methods and business issues specifically related to your area of interest. You will complete a major research project that will explore the phenomena of strategy, innovation or entrepreneurship in a context of your choice. For example, your research could consist of the study of two corporations that have successfully (or unsuccessfully) grown a business from an invention. Your study would address a specific issue of interest to academia, industry or your future career.
IBUS6016 Social Entrepreneurship

Credit points: 6 Session: Semester 1 Classes: 1x 2hr lecture per week and 1x 1hr reading and/or case per week for 12 weeks Assessment: Consulting project (30%), in-class activities and quiz (10%), tutorial participation (15%), thought sheet (15%), final exam (30%)
Social entrepreneurs are committed to furthering a social mission through enterprises that rank social, environmental or cultural impact on a par with, or even above, profit. Intersecting the business and not-for profit worlds, social entrepreneurship addresses many complex local and global problems. This unit will critically introduce the concept and develop frameworks for understanding social entrepreneurship (also referred to as social enterprise and social innovation). Teaching and learning will utilise case studies, and include the opportunity to apply real-world experiences. Topics will include creating innovative social enterprises, sustainable business models, philanthropy and funding, impact assessment, and leadership.
IBUS6017 Enterprise and the Creative Industries

Credit points: 6 Session: Semester 2 Classes: 1x 2hr lecture per week for 12 weeks & 1x 1hr reading per week for 10 weeks. Assessment: Wiki entry & edit (15%); 1x group project presentation (15%); 1x group project report (30%); individual participation (10%); & individual audio essay (30%)
The creative industries include architecture, design, film, television, music, the performing arts, advertising, publishing and the visual arts. These industries are characterised by the presence of creative individuals, large and powerful distributors (such as film studios) and the leveraging of copyright. These industries are driven by imagination and novelty, with creativity and innovation essential to business success. This unit explores enterprise development in these industries, and will be of use to those intending to work in these industries, as well as those applying the skills and capabilities to other industries.

Course rules and resolutions

 

Graduate Certificate in Innovation and Enterprise


These resolutions must be read in conjunction with applicable University By-laws, Rules and policies including (but not limited to) the University of Sydney (Coursework) Rule 2000 (the 'Coursework Rule'), the Resolutions of the Faculty, the University of Sydney (Student Appeals against Academic Decisions) Rule 2006 (as amended) and the Academic Board policies on Academic Dishonesty and Plagiarism.

Course resolutions

1 Course codes

Code

Course title

FG012

Graduate Certificate in Innovation and Enterprise

2 Attendance pattern

The attendance pattern for this course is full time or part time according to candidate choice.

3 Admission to candidature

(1)
Available places will be offered to qualified applicants ranked on merit in accordance with the following criteria:
(a)
a bachelor's degree, graduate diploma, graduate certificate or equivalent at an institution approved by the School and graded at a standard acceptable to the School; and/or where applicable:
(b)
relevant work experience requirements as determined by the School;
(c)
satisfaction of the English language requirements; and
(d)
any other minimum standards specified by the School.

4 Requirements for award

(1)
The units of study that may be taken for the course are set out in the Table of postgraduate units of study: Graduate Certificate in Innovation and Enterprise.
(2)
To qualify for the award of the Graduate Certificate in Innovation and Enterprise a candidate must complete 24 credit points, including:
(a)
12 credit points of core units of study; and
(b)
12 credit points of elective units of study.

5 Transitional provisions

(1)
These resolutions apply to students who commenced their candidature after 1 January, 2011 and students who commenced their candidature prior to 1 January, 2011 who elect to proceed under these resolutions.
(2)
Candidates who commenced prior to 1 January, 2011 may complete the requirements in accordance with the resolutions in force at the time of their commencement, provided that requirements are completed by 1 January, 2016. The School may specify a later date for completion or specify alternative requirements for completion of candidatures that extend beyond this time.