BUS9710M Developing Entrepreneurial Capability and Mindset Level M Module Handbook | UoL

Published: 10 Feb, 2025
Category Dissertation Subject Entrepreneruship
University University of Lincoln Module Title BUS9710M Developing Entrepreneurial Capability and Mindset
Word Count 3500 Words
Assessment Title Module Handbook

BUS9710M Developing Entrepreneurial Capability and Mindset Level M Module Handbook

Table of Contents

Contact Details    
Introduction    
Learning Outcomes    
Employability Skills / Skills for your Future    
Principles of Responsible Management Education    
Teaching & Learning Methods    
Module Delivery    

  • Contact Time    
  • Directed Study    
  • Independent Study    

Feedback Strategy    
Assessment Rationale    
Learning Resources    

  • Reading    
  • The Library
  • Digital Learning Resources     

Appendix One: Schedule of Activity    
Appendix Two: Assessment Brief    
Appendix Three: Assessment Criteria LO1-3    

Learning Outcomes Assessed: 

On completion of the module, you should be able to:

  • LO1 Apply a structured approach to developing an opportunity into a business concept, taking into account the complexity, challenges and opportunities surrounding entrepreneurial activity within the enterprise start-up and development process.
  • LO2 Develop and apply functional approaches to the exploration, planning, development, financing and launch of an entrepreneurial project or venture, through the production of a business plan.
  • LO3 Evaluate, assess, and develop their understanding, skills and mindset linked to entrepreneurship, and relate these to personal development and career goals and plans. 

Employability Skills / Skills for your Future

The module enhances your employability by developing the following transferable Work Ready skills:

Organisation

  • Project management skills for new venture creation: identifying tasks and allocating resources

Communication

  • Discussing and challenging peers on contemporary entrepreneurship and enterprise-based issues

Commercial Awareness

  • Developing an understanding of new venture creation, markets, environmental influences, and disruptive factors; developing operational plans; identifying risks to organisations

Researching and Analysing

  • Secondary research skills to locate relevant and up-to-date statistics linked to analysing demand and the market; applying business models

Problem Solving

  • Developing strategies to address organisational and product/service issues linked to new venture creation.

Learning and adaptability

  • Taking a new venture from conception and business model to a fully formed business plan.

Principles of Responsible Management Education

The Lincoln International Business School is committed to the Principles of Responsible Management Education (PRME) to develop future leaders who are socially responsible and will create sustainable environmental and economic value.

This module contributes to the PRME agenda by –

  • Principle 1 - Purpose: We will develop the capabilities of students to be future generators of sustainable value for business and society at large and to work for an inclusive and sustainable global economy.
  • Principle 2 - Values: We will incorporate into our activities, curricula, and organisational practices the values of global social responsibility as portrayed in international initiatives such as the United Nations Global Compact.
  • Principle 3 - Method: We will create educational frameworks, materials, processes and environments that enable effective learning experiences for responsible leadership.

Teaching & Learning Methods

The module will be delivered by weekly 1-hour lectures and weekly 1-hour seminars.

Lectures are used to provide students with information, conceptual frameworks and problem areas. The lecture programme is intended to examine a range of topics, some of which will be discussed in greater detail in the seminars/workshops.

The directed study will include reading the material introduced in lectures. The key topic areas discussed in the lecture serve to shape the structure of the students’ learning.

Independent Study will be required throughout the module to build on knowledge and activities delivered in lectures, seminars and workshops. There is extensive private study involved in this module in terms of both background reading and carrying out practical exercises linked to the building of a business plan. As a general guide, you should expect to devote a minimum of 10 hours of study per CATS point, and so, for this 15 CATS point module, you should expect to devote a minimum of 150 hours of study, which means that classroom contact represents a small minority of the minimum study time that you will need to devote to this module.

Module Delivery

The lecture programme is intended to examine a range of topics, some of which will be discussed in greater detail in the seminars/workshops. The directed study will include reading the material introduced in lectures. The key topic areas discussed in the lecture serve to shape the structure of the students’ learning. Independent Study will be required throughout the module to build on knowledge and activities delivered in lectures, seminars and workshops.

Assessment Rationale

Assessment Method

Weighting (%)

Week Due

LO’s Assessed

 

 

 

1

2

3

 

 

 

Portfolio

100%

13 May 2024

x

x

x

 

 

 

 

 

 

 

 

 

 

 

 

The module is assessed by a portfolio assessment.

Summative assessment will include a portfolio made up of two elements:

Element 1: An individual assignment/essay of no more than 1000 words, concerned with discussing issues linked to entrepreneurial venture development, opportunity recognition and development of entrepreneurial mindset, skills and abilities. This 1000-word element of the portfolio would be concerned with definitions of entrepreneurship and a discussion around what an entrepreneur is, along with a critical analysis of the opportunity recognition process linked to entrepreneurial activity, and the issues and challenges of actually launching the business venture.

Element 2: The submission of a business proposal and business model, as well as a reflective log linked to the understanding of the student’s personal development of entrepreneurial capability and mindset, with no more than 2500 words or equivalent.

Full assessment details are available in Appendix 2.

Assessment Criteria Grids will be used to provide feedback on Blackboard and indicate how marks will be allocated; they are included in Appendix 3.

Learning Resources

Reading

The key text(s) for this module are:

Bessant, J.R., Tidd, J. (2015). Innovation and entrepreneurship. Third edition. Chichester, West Sussex, England: Wiley.

Burns, P. (2018) New venture creation: a framework for entrepreneurial start-ups. Basingstoke, Hampshire: Palgrave Macmillan.

McMullen, J. S., & Kier, A. S. (2016). Trapped by the entrepreneurial mindset: Opportunity seeking and escalation of commitment in the Mount Everest disaster. Journal of Business Venturing, 31(6), 663-686.

Haynie, J. M., Shepherd, D., Mosakowski, E., & Earley, P. C. (2010). A situated metacognitive model of the entrepreneurial mindset. Journal of Business Venturing, 25(2), 217-229.

Other recommended reading for the module is:

Barringer, B.R. and Ireland, R.D. (2016). Entrepreneurship: Successfully Launching New Ventures. Fifth edition. Boston: Pearson.
Chell, E. (2008). The entrepreneurial personality: a social construction. 2nd ed. Hove: Routledge.

Hayton, J.C., Salvato, C., Manimala, M.J. (2015). Global entrepreneurship: case studies of entrepreneurial firms operating around the world. First edition. J.C. Hayton, C. Salvato, and M.J. Manimala (eds.). Oxfordshire, England: Routledge.

Roper, S. (2013). Entrepreneurship: a global perspective. Abingdon, Oxon: Routledge. Wickham, P.A. (2006) Strategic entrepreneurship. 4th ed. Harlow: Pearson Education.

Appendix One: Schedule of Activity

Week

W/C

Lecture Topic

Seminar Activity

Reading

19

29/01/2024

What is entrepreneurship?

Introduction to the module

Burns New Venture Creation (2018) Chapter 1, 2

20

05/02/2024

The entrepreneurial individual

The entrepreneurial individual

Burns New Venture Creation (2018) Chapter 1, 2

21

12/02/2024

The business model

The business model

Burns New Venture Creation (2018) Chapter 4

22

19/02/2024

The business plan and pitch

*Hand in your 1 page business model for formative feedback via Turnitin*

The business plan and pitch

Burns New Venture Creation (2018) Chapter 14

23

26/02/2024

New venture market analysis and planning

New venture market analysis and planning

Burns New Venture Creation (2018) Chapters 3, 5, 6

24

4/03/2024

Student study week

 

 

25

11/03/2024

Entrepreneurship and innovation

Entrepreneurship and innovation

Tidd Innovation and entrepreneurship (2015) Chapters 1, 17.

26

18/03/2024

Operations management and risk

Operations management and risk

Burns - New Venture Creation (2018) Chapters 9, 10

27

25/03/2024

Easter Break

 

 

28

01/04/2024

Easter Break

 

 

29

08/04/2024

Financial considerations

Financial considerations

Burns New Venture Creation (2018) Chapters 12, 13

30

15/04/2024

Scalability and growth

Scalability and growth

Burns New Venture Creation (2018) Chapter 8

31

22/04/2024

Entrepreneurship reflection

Entrepreneurship reflection

Burns New Venture Creation (2018) Chapter 1, 2 Tidd – Innovation and entrepreneurship (2015)

Chapters 1, 17.

32

29/05/2024

Online Assessment workshop and tutorials

*Hand in your reflective discussion draft for formative feedback in seminars*

33

06/05/2024

Online Assessment workshop and tutorials

34

15/05/2024

Portfolio due: Friday 13th May ’2024 at 11:59am UK (BST) via Blackboard Turnitin

Appendix Two: Assessment Brief

Module Code & Title: Developing Entrepreneurial Capability and Mindset BUS9710M
Contribution to Final Module Mark: 100% 
Description of Assessment Task and Purpose:

Please note that this is one portfolio consisting of two subtasks ( 30 % and 70 % ) and should be submitted as one piece of work via Blackboard, Turnitin.

Assessment sub-task 1 (30%) 

You are required to write a reflective discussion of 1,000 words, in which you critically analyse, evaluate and apply different ideas and techniques linked to entrepreneurship, entrepreneurial thinking and the individual, the entrepreneurship process and entrepreneurship and society. 

Within your reflective discussion, ensure that you show evidence that you have evaluated, assessed, and developed your understanding, skills and mindset linked to entrepreneurship, and have related these to personal development and career goals and plans. Please ensure that you have engaged with and critically analysed the literature by including citations in your reflective discussion. 

  • You may decide to define and discuss the concept of entrepreneurship and how the issues connected to this have influenced you as an entrepreneurial individual.
  • You may decide to discuss issues such as entrepreneurial personality trait theory, entrepreneurial opportunity creation and recognition, or the new venture creation process, and how these issues relate to you as an entrepreneurial individual.
  • You may decide to discuss how you will use the entrepreneurial knowledge and skills that you have acquired whilst preparing the business plan in your future career or workplace, and how will you further develop this knowledge and these skills. 

The reflective discussion can contain a mixture of 1st and 3rd person writing, 1st person when you are reflecting on your own knowledge, experience and skills linked to entrepreneurship, 3rd person when you are presenting and critically analysing the theory and literature. 

Assessment sub-task 2 (70%) 

The second assessment task for this module is a 2,000-word business plan and a 500-word reflective log. 

This plan (2000 words) will provide

  • details of the business,
  • industry and market analysis,
  • customer analysis and value proposition,
  • an operations and management plan,
  • an appreciation of the financial issues. 

Please ensure that you show that you have engaged with the literature whilst developing your business plan, by including citations. You may also want to cite industry-based research and data. 

In the reflective log (500 words), you will reflect on yourself as an entrepreneurial individual in relation to the learning and development that has taken place while developing the business plan for this module. You could consider the following - 

• In relation to the preparation of the business plan, which areas of the business plan did you find most challenging, and which areas helped you to develop your entrepreneurial knowledge, mindset and skills? 

The purpose of this assessment is to assess your ability to employ concepts and theory from the field of entrepreneurship practice and to show that you can develop a business plan. 

Knowledge & Skills Assessed:

Knowledge and Understanding: Enterprise and entrepreneurship and its various forms.

Subject Specific Intellectual Skills: Assess and solve complex and unpredictable problems and make decisions based on identifying and evaluating appropriate alternatives

Subject Specific Practical Skills: Acquire, evaluate and synthesise a range of information for diverse organisational purposes,

 including new situations;

Transferable Skills and Attributes: Make effective decisions/conclusions through undertaking critical analysis/evaluation, plan and implement projects autonomously and independently, Communicate effectively according to different situations and in relation to various organisational constituents.

Appendix Three: Assessment Criteria LO1-3

Assessment Criteria

Fail

Marginal Fail

Pass

Merit

Distinction

Distinction

0-39

40-49

50-59

60-69

70-79

80+

LO1 Apply a structured approach to developing an opportunity into a business concept, taking into account the complexity, challenges and opportunities surrounding entrepreneurial activity within the enterprise start-up and development process.

Typically, demonstrates little knowledge of the field, and the challenges and opportunities linked to business plan development, with significant weaknesses in the knowledge base.

 

Lacks demonstration of theory applied to professional context in relation to entrepreneurship theory and practice, and an applied business plan.

 

Little evidence of detail linked to the business plan.

 

Little evidence of critical evaluation of theory.

Does not acknowledge alternative perspectives.

Typically, demonstrates limited knowledge of the field, and the challenges and opportunities linked to business plan development, and some awareness of current evidence and issues, but with some notable weaknesses.

 

Minimal demonstration of theory applied to professional context in relation to entrepreneurship theory and practice, and an applied business plan.

 

Limited evidence of detail linked to the business plan.

 

 

Limited evidence of critical evaluation of theory or application to practice.

Generally, demonstrates a sound knowledge and understanding of material within a specialised field, and the challenges and opportunities linked to business plan development.

 

Satisfactory demonstration of theory applied to professional context in relation to entrepreneurship theory and practice, and an applied business plan.

 

Satisfactory evidence of detail linked to the business plan.

 

 

Satisfactory evidence of critical evaluation of theory and application to practice.

Demonstrates a systematic knowledge-based understanding and critical awareness of current problems/professional practice, academic debate and/or contemporary discourse, and the challenges and opportunities linked to business plan development.

 

Good demonstration of theory applied to professional context in relation to entrepreneurship theory and practice, and an applied business plan.

 

Good evidence of detail linked to the business plan.

 

Good evidence of critical evaluation of theory and application to practice.

Displays mastery of a complex and specialised area of knowledge and skills, with notable critical awareness of current problems and/or new insights at forefront of field, and the challenges and opportunities linked to business plan development.

 

Confident demonstration of theory applied to professional context in relation to entrepreneurship theory and practice, and an applied business plan.

 

Excellent evidence of detail linked to the business plan.

Discusses and questions alternate and divergent perspectives in a sophisticated way.

Demonstrates a remarkable command of the relevant wider literature in the field to develop our understanding of the topic in significant and imaginative ways, and the challenges and opportunities linked to business plan development.

 

Mastery in demonstration of theory applied to professional context in relation to entrepreneurship theory and practice, and an applied business plan.

 

Outstanding evidence of detail linked to the business plan.

Outstanding evidence of critical evaluation of theory and application to practice.

LO2 Develop and apply functional approaches to the exploration, planning, development, financing and launch of an entrepreneurial project or venture, through the production of a business plan.

No coherent structure. Logic is unclear.

 

Does not include any citations or bibliography.

 

Does not respond to the assessment task and purpose.

Minimal acknowledgement of alternative perspectives.

 

Structures ideas in a haphazard manner. Logic is unclear.

Does not include complete citations and bibliography.

 

Partially responds to the assessment task and purpose.

Acknowledges alternate and divergent perspectives but does not demonstrate depth of analysis or understanding.

 

Structures ideas in a somewhat unconnected or disorganised manner.

Has many citation and bibliographic errors.

Partially meets expectations by somewhat following assignment parameters, addressing task and purpose.

Discusses and questions alternate and divergent perspectives.

 

Connects ideas in a way that is mostly organised and logical.

 

Has few citation and bibliographic errors.

Meets expectations by following assignment parameters through fully addressing task and purpose.

Excellent evidence of critical evaluation of theory and application to practice.

 

Connects ideas in a way that is organised and logical.

 

Has no citation or bibliographic errors.

Exceeds expectations with meaningful transformation of assignment parameters, task and purpose.

Discusses and questions alternate and divergent perspectives demonstrating mastery of topic.

 

Connects ideas in a way that exceeds expectations and shows mastery of concepts.

 

Has no citation or bibliographic errors.

Exceeds expectations with meaningful transformation of assignment parameters, task and purpose.

Assessment Criteria

Fail

Marginal Fail

Pass

Merit

Distinction

Distinction

0-39

40-49

50-59

60-69

70-79

80+

LO3 Evaluate, assess, and develop their understanding, skills and mindset linked to entrepreneurship, and relate these to personal development and career goals and plans.

Typically, demonstrates little knowledge of the field, with significant weaknesses in the knowledge base.

Lacks demonstration of theory applied to professional context in relation to entrepreneurship theory and practice.

 

Little evidence of critical evaluation of theory.

 

Does not acknowledge alternative perspectives.

 

No coherent structure. Logic is unclear.

 

Does not include any citations or bibliography.

 

Does not respond to the assessment task and purpose.

Typically, demonstrates limited knowledge of the field and some awareness of current evidence and issues, but with some notable weaknesses.

Minimal demonstration of theory applied to professional context in relation to entrepreneurship theory and practice.

 

 

Limited evidence of critical evaluation of theory or application to practice.

 

Minimal acknowledgement of alternative perspectives.

 

Structures ideas in a haphazard manner. Logic is unclear.

 

Does not include complete citations and bibliography.

 

Partially responds to the assessment task and purpose.

Generally, demonstrates a sound knowledge and understanding of material within a specialised field.

Satisfactory demonstration of theory applied to professional context in relation to entrepreneurship theory and practice.

 

 

Satisfactory evidence of critical evaluation of theory and application to practice.

 

Acknowledges alternate and divergent perspectives but does not demonstrate depth of analysis or understanding.

 

Structures ideas in a somewhat unconnected or disorganised manner.

 

Has many citation and bibliographic errors.

Partially meets expectations by somewhat following assignment parameters, addressing task and purpose.

Demonstrates a systematic knowledge- based understanding and critical awareness of current problems/professional practice, academic debate and/or contemporary discourse.

Good demonstration of theory applied to professional context in relation to entrepreneurship theory and practice.

 

 

Good evidence of critical evaluation of theory and application to practice.

 

Discusses and questions alternate and divergent perspectives.

 

Connects ideas in a way that is mostly organised and logical.

 

Has few citation and bibliographic errors.

Meets expectations by following assignment parameters through fully addressing task and purpose.

Displays mastery of a complex and specialised area of knowledge and skills, with notable critical awareness of current problems and/or new insights at forefront of field.

Confident demonstration of theory applied to professional context in relation to entrepreneurship theory and practice.

 

 

Discusses and questions alternate and divergent perspectives in a sophisticated way.

 

Excellent evidence of critical evaluation of theory and application to practice.

 

Connects ideas in a way that is organised and logical.

 

Has no citation or bibliographic errors.

 

Exceeds expectations with meaningful transformation of assignment parameters, task and purpose.

Demonstrates a remarkable command of the relevant wider literature in the field to develop our understanding of the topic in significant and imaginative ways.

Mastery in demonstration of theory applied to professional context in relation to entrepreneurship theory and practice.

 

 

Outstanding evidence of critical evaluation of theory and application to practice.

 

Discusses and questions alternate and divergent perspectives demonstrating mastery of topic.

 

Connects ideas in a way that exceeds expectations and shows mastery of concepts.

Has no citation or bibliographic errors.

 

Exceeds expectations with meaningful transformation of assignment parameters, task and purpose.

Learning Outcome/Criteria

0-29

30-39

40-49

50-59

60-69

70-79

80+

CC4 Create and plan innovative solutions to real world problems

Does not recognise or articulate solutions to the problems posed

Does not recognise or articulate solutions to the problems posed

Stays within existing frameworks; does not use idea generating techniques to develop solutions. Selects one idea without evaluating the quality of ideas. Reproduces existing ideas; does not create new solutions.

Develop some original solutions but could develop more with better use of idea generating techniques.

Evaluates ideas but may make only minor changes to the selected one. Show some imagination when creating and planning solutions, but may stay within conventional boundaries.

Develop some original solutions but could develop more with better use of idea generating techniques.

Evaluates ideas but may make only minor changes to the selected one. Show some imagination when creating and planning solutions, but may stay within conventional boundaries.

Uses idea generating techniques to create innovative solutions.

Carefully evaluates the quality of ideas and selects the best one. Use his ingenuity and imagination, going outside conventional boundaries when creating solutions.

Uses idea generating techniques to create innovative solutions.

Carefully evaluates the quality of ideas and selects the best one. Use his ingenuity and imagination, going outside conventional boundaries when creating solutions.

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