Unit convenor and teaching staff |
Unit convenor and teaching staff
Lecturer
Viken Kortian
Contact via 0417664945
3 Management Drive Room 246
By appointment
June Ho
Contact via 0426522512
3 Management Drive
By appointment
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Credit points |
Credit points
10
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Prerequisites |
Prerequisites
30cp at 3000 level or above
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Corequisites |
Corequisites
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Co-badged status |
Co-badged status
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Unit description |
Unit description
This unit is designed to equip students with the necessary skills and knowledge to develop scalable startups and work effectively in engineering organizations with an entrepreneurial mindset. Through this course, students will learn the fundamental knowledge and procedures necessary for creating successful ventures, including the process of understanding customer requirements and translating them into product specifications, as well as designing a process for production. Other key aspects of entrepreneurship will also be covered, including business planning, financial management, sources of finance, crowdfunding, entrepreneurial behaviour, and technology management. Learning in this unit enhances student understanding of global challenges identified by the United Nations Sustainable Development Goals (UNSDGs) Decent Work and Economic Growth; Industry, Innovation and Infrastructure |
Information about important academic dates including deadlines for withdrawing from units are available at https://www.mq.edu.au/study/calendar-of-dates
On successful completion of this unit, you will be able to:
Name | Weighting | Hurdle | Due |
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Business Proposal | 40% | No | Week 13 |
Case Studies | 30% | No | Weeks 2, 5, 6,10, & 11 |
Midterm group project | 20% | No | Week 7 |
Active Engagement | 10% | No | Week 8 |
Assessment Type 1: Project
Indicative Time on Task 2: 30 hours
Due: Week 13
Weighting: 40%
Written report on a new venture with the purpose of gaining funding to start the business
Assessment Type 1: Case study/analysis
Indicative Time on Task 2: 30 hours
Due: Weeks 2, 5, 6,10, & 11
Weighting: 30%
Case studies on Engineering Entrepreneurship
Assessment Type 1: Project
Indicative Time on Task 2: 16 hours
Due: Week 7
Weighting: 20%
Midterm group project and team work activity
Assessment Type 1: Simulation/role play
Indicative Time on Task 2: 0 hours
Due: Week 8
Weighting: 10%
Active Engagement and Contribution in the classrom SGTA activities
1 If you need help with your assignment, please contact:
2 Indicative time-on-task is an estimate of the time required for completion of the assessment task and is subject to individual variation
Text: Technology Venture: From Idea to Enterprise (McGraw Hill)
Thomas Byers, Richard Dorf, and Andrew Nelson
Week |
Topic |
Content / Reference |
Tutorials |
1 |
Course overview. Background to innovation and entrepreneurship. |
Ch.1 |
Dow Corning Deck Protector |
2 |
Opportunities and Strategies |
Ch. 2, 3, 4, 5 |
Dr Johns Products* |
3 |
Concept Summary & Risk |
Ch. 6 & 7 |
Ecowash- Lean Start Up |
4 |
Intellectual Property – Patent Searching |
Guest Lecturer |
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5 |
Intellectual Property – Patenting Process |
Guest Lecturer |
Molecular Insights Pharmaceuticals* |
6 |
Product Development. Marketing and Sales. Types of Ventures. |
Ch. 8, 9, & 10 |
Google Glass Development* |
7 |
New Enterprise, Resources and Operations Mid Term Assignment Due |
Ch 12, 13, & 14 |
DJI Innovation – Product Development for Start Ups |
8 |
Entrepreneurship Simulation – The Start Up Game |
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9 |
Design for Six Sigma |
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DfSS at Ford. |
10 |
The Financial Plan & Sources of Capital |
Ch.16, 17, & 18 |
Equity Crowdfunding Symbid Entering the US* |
11 |
Deal Presentations, Negotiations and Leading Ventures to Success |
Ch 19 & 20 |
How to pitch a brilliant idea. * |
12 |
Presentation / Pitch Final Assignment Due |
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* HBP Case Studies. Discuss in class and hand in Case Study Questions
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EA Competency Standard |
Unit Learning Outcomes |
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Knowledge and Skill Base |
1.1 Comprehensive, theory-based understanding of the underpinning fundamentals applicable to the engineering discipline. |
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1.2 Conceptual understanding of underpinning maths, analysis, statistics, computing. |
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1.3 In-depth understanding of specialist bodies of knowledge |
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1.4 Discernment of knowledge development and research directions |
ULO5 |
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1.5 Knowledge of engineering design practice |
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1.6 Understanding of scope, principles, norms, accountabilities of sustainable engineering practice. |
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Engineering Application Ability |
2.1 Application of established engineering methods to complex problem solving |
ULO2 |
2.2 Fluent application of engineering techniques, tools and resources. |
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2.3 Application of systematic engineering synthesis and design processes. |
ULO4, ULO5 |
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2.4 Application of systematic approaches to the conduct and management of engineering projects. |
ULO2 |
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Professional and Personal Attributes |
3.1 Ethical conduct and professional accountability. |
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3.2 Effective oral and written communication in professional and lay domains. |
ULO3, ULO4 |
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3.3 Creative, innovative and pro-active demeanour. |
ULO1 |
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3.4 Professional use and management of information. |
ULO3 |
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3.5 Orderly management of self, and professional conduct. |
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3.6 Effective team membership and team leadership |
ULO2 |
Unit information based on version 2025.03 of the Handbook