This module will explore innovation and entrepreneurship processes and their importance at the firm and also extending to the economy level (e.g. job creation, or economic growth). Determining factors – both within firms and environmental – of both innovation and entrepreneurship activities will be explored in detail, as well as the extent to which those determining factors can be influenced by firms. Furthermore, the module will explore different policies implemented by governments to induce innovation and entrepreneurial activities.

Assessment 1 (Individual Report): LO 1, 3 & 4

Assessment 2 (Group Report): LO 2, 3 & 4

Assessment 3 (Group Presentation): LO 3 & 4

Students are expected to commit a total of 200 hours towards achieving the learning outcomes. Out of those 200 hours, 39 hours will be in direct contact with a tutor and 161 hours will be directed, guided and self-study. All the materials – including learning materials, case studies and independent learning materials – will be provided.

A mixture of activities including lectures, case study analysis, economic and environmental analysis, relevant videos and in-class discussions, individual and group problem-solving and self-directed learning will be utilised in this module.

1. Develop an understanding of the importance of entrepreneurship and innovation and evaluate the impact of entrepreneurship and innovation for businesses and economies.

Knowledge and Understanding, Learning, Analysis.


2. Demonstrate critical understanding of entrepreneurial and innovation processes and activities and their practical applications for businesses.

Knowledge and Understanding, Learning, Problem Solving.



3. Develop critical analytical skills to interpret the latest development in theoretical and practical areas of innovation and entrepreneurship studies.


Analysis, Problem Solving.

4. Develop and understanding and critically analyse the role of government policy in promoting entrepreneurship and innovation in the economy.

Knowledge and Understanding, Application.

VLE learning material

Module handbook

Selected contemporary case studies

Selection of peer-reviewed papers will form core reading for the module.

Baker, T. and Welter, F. (2020) Contextualizing entrepreneurship theory. New York, NY: Routledge.

Shams, S.M.R. (2018)¿Business models for strategic innovation¿: cross-functional perspectives. 1st edition. Abingdon, Oxon

Drucker, P. (2014). Innovation and Entrepreneurship (1st ed.). Routledge.

HBR’s 10 must reads on innovation. (2013). Boston: Harvard Business Review Press.

Schumpeter, J.A. (2010). Capitalism, Socialism and Democracy (1st ed.). Routledge.

Entrepreneurship and innovation are activities of utmost importance for firms and economies. This module will explore the role of entrepreneurship and innovation and how they occur within firms and economies. Additionally, the module will critically and practically appraise the developments in entrepreneurship and innovation studies and explore entrepreneurship and innovation in practice.