MMM153-Advances in Entrepreneurial Theory and Practice

Module Provider: Leadership, Organisations and Behaviour
Number of credits: 10 [5 ECTS credits]
Terms in which taught: Autumn term module
Non-modular pre-requisites:
Modules excluded:
Current from: 2023/4

Module Convenor: Dr Maksim Belitski

Type of module:

Summary module description:

This module introduces students to the scholarly literature on entrepreneurship and its recent advances. It shows how theoretical developments have practical applications and to assist 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 sociologists to the theory of entrepreneurial networks. 

Assessable learning outcomes:

A good knowledge of key issues in entrepreneurship literature such as the theory and practice of 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 theories: Institutional theory, Social Science Theories, Entrepreneurship eco-systems. 

  2. The Casson synthesis and the role of Entrepreneurs in a Modern society 

  3. Entrepreneurial marketing: implicit contracts in consumer markets

  4. Entrepreneurship and Innovation

  5. Group discussion on Practical Skills Assessment

Brief description of teaching and learning methods:

Detailed guidance on the main topics of the syllabus and key references are provided in 7 x 2 hour sessions of lectures, seminar questions and discussions. Students are required to do a significant amount of reading of case studies, journal articles and chapters of books.

Contact hours:
  Autumn Spring Summer
Lectures 10
Guided independent study:      
    Wider reading (independent) 20
    Wider reading (directed) 40
    Exam revision/preparation 10
    Advance preparation for classes 10
    Preparation for presentations 10
Total hours by term 100 0 0
Total hours for module 100

Summative Assessment Methods:
Method Percentage
Practical skills assessment 70
Set exercise 30

Summative assessment- Examinations:

Summative assessment- Coursework and in-class tests:


  • Three Blackboard tests during the term, testing students’ growing knowledge of key issues in entrepreneurship literature, such as the theory and practice of?entrepreneurial judgment and market making. The tests will be completed by the end of week 9.

           Relative percentage: 30% 


  • Students will complete a Blackboard practical skills assessment via a Blackboard Wiki over the course of the module. To be submitted by the end of Week 9.

            Relative percentage: 70% 




Formative assessment methods:

A rehearsal Blackboard test will run as a purely formative exercise before the summative tests take place.

Penalties for late submission:

The below information applies to students on taught programmes except those on Postgraduate Flexible programmes. Penalties for late submission, and the associated procedures, which apply to Postgraduate Flexible programmes are specified in the policy “Penalties for late submission for Postgraduate Flexible programmes”, which can be found here:
The Support Centres will apply the following penalties for work submitted late:

  • where the piece of work is submitted after the original deadline (or any formally agreed extension to the deadline): 10% of the total marks available for that piece of work will be deducted from the mark for each working day (or part thereof) following the deadline up to a total of five working days;
  • where the piece of work is submitted more than five working days after the original deadline (or any formally agreed extension to the deadline): a mark of zero will be recorded.
The University policy statement on penalties for late submission can be found at:
You are strongly advised to ensure that coursework is submitted by the relevant deadline. You should note that it is advisable to submit work in an unfinished state rather than to fail to submit any work.

Assessment requirements for a pass:

Reassessment arrangements:

By resubmission of the three Blackboard tests in August/September. 

Additional Costs (specified where applicable):

Last updated: 30 March 2023


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