MMM074-Advances in Entrepreneurial Theory and Practice

Module Provider: Leadership, Organisations and Behaviour
Number of credits: 20 [10 ECTS credits]
Terms in which taught: Autumn term module
Non-modular pre-requisites:
Modules excluded: MMM048 Managing People and Organisations
Current from: 2020/1

Module Convenor: Prof Andrew Godley


Type of module:

Summary module description:

This module introduces students to the scholarly literature on entrepreneurship. It shows how theoretical developments have practical applications and so assists students to appraise the increasingly entrepreneurial role of managers in modern business


Entrepreneurship is understood in very different ways in different disciplines. The module covers the theory of markets and firms from economics, the approach by geographers to entrepreneurial locations, and the debate over whether there is an entrepreneurial personality from psychology.

Assessable learning outcomes:

A good knowledge of key issues in entrepreneurship literature such as the theory and practice of entrepreneurial opportunities, entrepreneurial judgment and market making.

Additional outcomes:

Students will learn to work independently under pressure of time, and to organise diverse empirical material.

Outline content:

1) Entrepreneurship Definitions and Theory

2) Entrepreneurship economics theory from first principles.

3) The Casson synthesis.

4) Entrepreneurial ecosystems.

5) Technology & Innovation

6) Market Making

7) Entrepreneurial marketing: implicit contracts in consumer markets

8) Entrepreneurial personality

9) Effectuation

Brief description of teaching and learning methods:

Detailed guidance on the main topics of the syllabus and key references are provided in 10 x 2 hour sessions of lectures, seminar questions and discussions. Students are required to do a significant amount of reading of journal articles and chapters of books.

Contact hours:
  Autumn Spring Summer
Lectures 20 2
Seminars 3
Guided independent study:      
    Wider reading (independent) 20
    Wider reading (directed) 20
    Exam revision/preparation 73
    Advance preparation for classes 20
    Essay preparation 20
    Reflection 22
Total hours by term 0
Total hours for module 200

Summative Assessment Methods:
Method Percentage
Written exam 60
Written assignment including essay 40

Summative assessment- Examinations:

One two-hour examination with a weight of 60%, taken in the Summer term.

Summative assessment- Coursework and in-class tests:

One 2,500 word essay submitted by a specified date usually the end of week 21 (end of December). The essay is selected from a choice of eight broadly defined topics which encourage students to use a variety of sources and which provide a focus consistent with the overall aims of the module. Relative percentage of coursework: 40% weight.

Upper limit of word count: A word count of 10% excess is allowed for the written assignment essay. Exceeding the word count will attract a penalty whereby written work beyond the 10% excess is discounted in the grading of the assignment

Formative assessment methods:

Case studies and exercises on effectuation and causation of entrepreneurship for seminar 1 and seminar 2. Essay surgery for seminar 3.

Penalties for late submission:
Penalties for late submission on this module are in accordance with the University policy. Please refer to page 5 of the Postgraduate Guide to Assessment for further information:

Assessment requirements for a pass:

A weighted average mark of coursework and examination of 50%.

Reassessment arrangements:

By examination only (one two hour unseen written paper) in August/September. Coursework will not be included in the re-assessment.

Additional Costs (specified where applicable):

Last updated: 4 April 2020


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