Entrepreneurship and Complete Sustainable Value Creation
The module is designed to introduce students to how individuals behave entrepreneurially to create complete sustainable value with their available means. The module’s core components (e.g. Complete Sustainable Value Creation framework, Effectual entrepreneurship) are delivered online covering how to assess Social, Environmental, and Economic value creation in entrepreneurial projects. We use case-based approach enabling students to experience the early stages of an entrepreneurial process through the analysis of existing entrepreneurial projects (whether for-profit or non-profit).
No pre-requisite or co-requisite modules are required to take this module.
Full module specification
|Module title:||Entrepreneurship and Complete Sustainable Value Creation|
|Duration of module:||
Duration (weeks) - term 2: |
The aim of the module is to introduce students to the multiple facets of Sustainable value creation and Effectual entrepreneurship and engage them with contemporary issues in entrepreneurial behavior.
The online lecture content is designed to provide context, entrepreneurial cases, and basic tools (frameworks, methods, etc.). A series of practically oriented tutorials are aimed at engaging students in mastering how entrepreneurial individuals behave in terms of creating, delivering, and capturing sustainable value using Effectual principles.
Our belief is that the practices you learn in this module will help you solve problems and address needs in your life no matter what professional career you embark on.
ILO: Module-specific skills
- 1. Identify the principles of Effectual behavior in entrepreneurial projects
- 2. Critically evaluate sustainable value creation in entrepreneurial projects
ILO: Discipline-specific skills
- 3. Apply Sustainable Development Goals, Declaration of Human rights, and GEO-6 principles to entrepreneurial initiatives
ILO: Personal and key skills
- 4. Designing a doable, personal initiative for Sustainable impact
Learning activities and teaching methods (given in hours of study time)
|Scheduled Learning and Teaching Activities||Guided independent study||Placement / study abroad|
Details of learning activities and teaching methods
|Category||Hours of study time||Description|
|Scheduled Learning and Teaching||12||Online learning material and lectures|
|Scheduled Learning and Teaching||12||Tutorials|
|Guided independent study||126||Including: writing (group-based) case analyses, designing personal initiative, writing individual report|
|Form of assessment||Size of the assessment (eg length / duration)||ILOs assessed||Feedback method|
|Tutorial and case exercises and discussions||In class||1-4||Verbal|
Summative assessment (% of credit)
|Coursework||Written exams||Practical exams|
Details of summative assessment
|Form of assessment||% of credit||Size of the assessment (eg length / duration)||ILOs assessed||Feedback method|
|Case analysis (group)||30||2,000 words||1-4||Written feedback|
|Final report (individual)||70||3,000 words||1-4||Written feedback|
Details of re-assessment (where required by referral or deferral)
|Original form of assessment||Form of re-assessment||ILOs re-assessed||Timescale for re-assessment|
|Case analysis (group)||Case analysis (individual)||1-4||August resubmission period|
|Final report (individual)||Final report (individual)||1-4||August resubmission period|
The module will cover the following topics:
- Complete Sustainable value creation framework
- Effectual decision-making
- Creation, delivery, and capture of value
- Effectual action & networking
Students will complete two different written assignments (one group-based and one individual) that assess the skills and aptitude associated with Complete Sustainable Value Creation through Effectual entrepreneurial behavior.
This module does not assume that students have any prior business courses or experience. Instead, this module is intended for interdisciplinary pathways and, therefore, is encouraged for non-business students as well as experienced business students.
Indicative learning resources - Basic reading
- Read, S., Sarasvathy, S., Dew, N. & Wiltbank, R. (2016) Effectual Entrepreneurship. 2nd Edition. Routledge. ISBN: 978-1138923782
- Dean, T. (2013). Sustainable venturing: Entrepreneurial opportunity in the transition to a sustainable economy. Pearson Higher Ed. ISBN: 978-0133354065
Module has an active ELE page?
Indicative learning resources - Web based and electronic resources
- ELE – https://vle.exeter.ac.uk/
- Society for Effectual action: https://www.effectuation.org
- The Universal Declaration of Human rights: https://www.un.org/en/universal-declaration-human-rights/
- Global Environmental Outlook 6 (GEO-6): https://www.unenvironment.org/resources/global-environment-outlook-6
- B Corp Certification: https://bcorporation.net/certification/meet-the-requirements
Indicative learning resources - Other resources
- Complete Sustainable Value Creation framework (provided during the module)
- Honeyman, R., & Jana, T. (2019). The B Corp handbook: How you can use business as a force for good. 2nd Revised edition. Berrett-Koehler Publishers. ISBN: 978-1523097531
- Raworth, K. (2018). Doughnut economics: seven ways to think like a 21st-century economist. 1st edition. Random House Business. ISBN: 978-1847941398
Last revision date