Skip to Main Content
Catalogue Link
<a href="/ords/r/curriculum/catalogue/home" class="t-Header-logo-link"><span class="apex-logo-text">Handbook</span></a>
Hidden Page Items
New
5
New
HE Unit Template
New
Entrepreneurship & New Venture Creation
New
BUENT2635 - Entrepreneurship & New Venture Creation
New
20250200
New
New
New
New
Course
New
Unit
New
New
2.1
New
New
2026-09-10
New
2026-09-10
New
Business
New
New
New
New
Institute of Innovation, Science & Sustainability
New
Business
New
Undergraduate
New
15
New
New
.125
New
080301
New
Business Management
New
080301 - Business Management
New
<a href="http://www.federation.edu.au/locate/unit/buent2635">View unit fees</a>
New
Graded (e.g. HD, D, C, etc)
New
7
New
Bachelor Degree
New
Intermediate
New
New
New
New
1
New
New
New
New
New
false
New
New
New
<p>Students will build knowledge and skills in entrepreneurship, and explore ways that new venture creation and digital enterprise can contribute in positive ways to society. Students will examine the nature of entrepreneurship, looking at the entrepreneur as a key actor and ways that entrepreneurship can be distinguished from other models of business and employment. The entrepreneurial ecosystem is examined, including enablers and barriers in the external environment that contribute to the success or failure of new ventures. The potential for entrepreneurship to contribute to the UN Sustainable Development Goals and key skills to support this is examined, including financial management of new ventures, opportunities enabled through digital and technological innovation and the important considerations of acting ethically. Students will engage in a series of individual and team-based projects. In these, students will be assessed on their understanding of entrepreneurship theory concepts at the macro level and will use their newly acquired knowledge to identify and evaluate new business opportunities. In a team setting, students will develop a novel business idea using a structured methodology and design thinking tools. In addition, students will engage in peer-reviewed evaluation of new ventures.</p>
New
New
<p>The unit will consist of the following broad topics:<br>
• The nature of entrepreneurship and new venture creation The entrepreneurial ecosystem and new venture creation processes Entrepreneurship and social responsibility (SDGs, ethics and legal considerations) Financial management for new ventures Digital and technological innovation Intellectual property protection Evaluating feasibility of concepts and preparing an entrepreneurial business plan The entrepreneur, the team and the organisation Business lifecycles and key considerations for new ventures</p>
New
true
New
<p>Where supplementary assessment is available a student must have failed overall in the Unit but gained a final mark of 45 per cent or above, has completed all major assessment tasks (including all sub-components where a task has multiple parts) as specified in the Unit Description and is not eligible for any other form of supplementary assessment.</p>
New
true
Hidden Page Items
Semester
Semester
0200
Year
Year
2027
Current Year
2026
Breadcrumb Positioning
Handbook
BUENT2635 - Entrepreneurship & New Venture Creation
Pseudo Breadcrumb
BUENT2635 - Entrepreneurship & New Venture Creation
Breadcrumb Type
Unit
Catalogue Term and Year
Version Text
You are viewing a version for
Semester
Semester 1
Semester 2
Summer Semester
Year
2027
2026
Download PDF
RDS Holder
Overview
Key information
Requisites
Learning outcomes
Assessment
FedTASK
Parent Region
Overview
Unit description
<p>Students will build knowledge and skills in entrepreneurship, and explore ways that new venture creation and digital enterprise can contribute in positive ways to society. Students will examine the nature of entrepreneurship, looking at the entrepreneur as a key actor and ways that entrepreneurship can be distinguished from other models of business and employment. The entrepreneurial ecosystem is examined, including enablers and barriers in the external environment that contribute to the success or failure of new ventures. The potential for entrepreneurship to contribute to the UN Sustainable Development Goals and key skills to support this is examined, including financial management of new ventures, opportunities enabled through digital and technological innovation and the important considerations of acting ethically. Students will engage in a series of individual and team-based projects. In these, students will be assessed on their understanding of entrepreneurship theory concepts at the macro level and will use their newly acquired knowledge to identify and evaluate new business opportunities. In a team setting, students will develop a novel business idea using a structured methodology and design thinking tools. In addition, students will engage in peer-reviewed evaluation of new ventures.</p>
Unit content
<p>The unit will consist of the following broad topics:<br> • The nature of entrepreneurship and new venture creation The entrepreneurial ecosystem and new venture creation processes Entrepreneurship and social responsibility (SDGs, ethics and legal considerations) Financial management for new ventures Digital and technological innovation Intellectual property protection Evaluating feasibility of concepts and preparing an entrepreneurial business plan The entrepreneur, the team and the organisation Business lifecycles and key considerations for new ventures</p>
Key information
Institute / school:
Institute of Innovation, Science & Sustainability
Discipline:
Business
Study level:
Undergraduate
Credit points:
15
EFTSL:
0.125
Field of education:
080301 - Business Management
Grade scheme:
Graded (e.g. HD, D, C, etc)
Placement component:
No
Fee information:
<a href="http://www.federation.edu.au/locate/unit/buent2635">View unit fees</a>
Requisites
Prerequisite
<p>must have completed 5 of "BUACC%" / "BUECO%" / "BUENT%" / "BUEXC%" / "BUGEN%" / "BUHEA%" / "BUHRM%" / "BUICT%" / "BULAW%" / "BUMGT%" / "BUMKT%" / "BUPMT%"</p>
Corequisite
None
Exclusion
None
Learning outcomes
Learning outcomes
<p>On successful completion of this unit, students are expected to gain the following [K]nowledge, [S]kills and [A]pplication of knowledge & skills</p>
Learning Outcomes
Ref
Outcome
K1
<p>Summarise key characteristics of entrepreneurship and new venture creation</p>
K2
<p>Explain key actors and elements in the entrepreneurial ecosystem influencing entrepreneurial outcomes</p>
K3
<p>Compare and contrast contemporary models of financial management for new venture creation</p>
K4
<p>Articulate opportunities and processes for digital and technological innovation in new venture creation</p>
K5
<p>Appraise ethical considerations and the potential for entrepreneurship and new venture creation to contribute to Sustainable Development Goals</p>
S1
<p>Research and synthesise practical information, academic and industry insights for an entrepreneurial case study</p>
S2
<p>Assess the success of new venture creation using frameworks of entrepreneurship, sustainable business and digital enterprise</p>
S3
<p>Develop a business idea from opportunity identification to financial plan in a team setting using design thinking methods.</p>
S4
<p>Assess new business ideas and make recommendations for future development and growth.</p>
A1
<p>Identify and evaluate new business opportunities using theoretical frameworks and research insights.</p>
A2
<p>Prepare informed and insightful business reports detailing research, evaluation and recommendations for sustained success of new venture case studies.</p>
A3
<p>Conceptualize and develop new business ideas.</p>
Assessment
Learning Tasks and Assessment
Ref
Learning task
Assessment type
Weighting
Learning outcomes assessed
1
<p>Structured questions on entrepreneurship theory concepts.</p>
<p>Test</p>
<p>10-20%</p>
K1, K2, K5, S2
2
<p>Research and evaluation of business opportunities addressing its implications to global and local markets.</p>
<p>Report</p>
<p>30-40%</p>
K2, K4, K5, S1, A1, A2
3
<p>Business creation and development, planning and decision-making for continuity.</p>
<p>Pitch presentation, business plan and peer venture evaluation.</p>
<p>30-50%</p>
K2, K3, K4, K5, S3, S4, A2, A3
4
<p>Participation, understanding, and reflection of unit resources.</p>
<p>Weekly, summative interactive content</p>
<p>5-10%</p>
K1, K2, K3, K4, K5
Supplementary assessment available:
Yes
Supplementary assessment information:
<p>Where supplementary assessment is available a student must have failed overall in the Unit but gained a final mark of 45 per cent or above, has completed all major assessment tasks (including all sub-components where a task has multiple parts) as specified in the Unit Description and is not eligible for any other form of supplementary assessment.</p>
FedTASK
FedTASK
<p>Federation University recognises that students require key transferable employability skills to prepare them for their future workplace and society. FedTASKs (<strong>T</strong>ransferable <strong>A</strong>ttributes <strong>S</strong>kills and <strong>K</strong>nowledge) provide a targeted focus on five key, transferable Attributes, Skills, and Knowledge that are embedded within curriculum, developed gradually towards successful measures and interlinked with cross-discipline and co-operative learning opportunities.</p>
FedTASK
Description of FedTASK outcome
Level
FedTASK 1: Interpersonal
The ability to effectively communicate, interact and work with others both individually and in groups.
<p>Level 2 - Student demonstrates some independence within provided guidelines</p>
FedTASK 2: Leadership
The ability to apply professional skills and behaviours in leading others.
<p>Level 3 - Student works independently with limited guidance or works within self-determined guidelines appropriate to context</p>
FedTASK 3: Critical Thinking and Creativity
The ability to work in complexity and ambiguity using imagination to create new ideas.
<p>Level 2 - Student demonstrates some independence within provided guidelines</p>
FedTASK 4: Digital Literacy
The ability to work fluently across a range of tools and applications to achieve a range of skills.
<p>Level 2 - Student demonstrates some independence within provided guidelines</p>
FedTASK 5: Sustainable and Ethical Mindset
The ability to consider and assess the consequences and impact of ideas and actions in enacting ethical and sustainable decisions.
<p>Level 3 - Student works independently with limited guidance or works within self-determined guidelines appropriate to context</p>
Key information
Institute / school:
Institute of Innovation, Science & Sustainability
Discipline:
Business
Study level:
Undergraduate
Credit points:
15
EFTSL:
0.125
Field of education:
080301 - Business Management
Grade scheme:
Graded (e.g. HD, D, C, etc)
Placement component:
No
Fee information:
<a href="http://www.federation.edu.au/locate/unit/buent2635">View unit fees</a>
Additional information
Cards Section - Non Research
Add Info Static Text
Internal reference: BUENT2635 - U2.1