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ENT832Management Sciences2 Unitsintermediate

Creativity, Innovation And Technology In Enterprises

This course explores creativity, innovation, and technology within enterprises. It covers new venture creation, growth, and development, from idea generation to business diversification. Students will learn about business start-up, management, growth, and development, including relationships, authority, responsibility, production, recording, and marketing management. The course aims to equip students with the skills to manage and grow new ventures effectively.

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54h
Study Time
13
Weeks
4h
Per Week
basic
Math Level
Course Keywords
EntrepreneurshipInnovationTechnologyVenture CreationBusiness Growth

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
➕
Math Level
Basic Math
🔬
Learning Type
Hands-on Practice

Course Topics

Key areas covered in this course

1

Entrepreneurship Definition

2

Entrepreneurial Theories

3

Innovation Types

4

Business Opportunities

5

Product Development

6

Creativity Dimensions

7

Feasibility Studies

8

Funding Sources

9

Teamwork Skills

Total Topics9 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assignments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Entrepreneur

Apply your skills in this growing field

Business Manager

Apply your skills in this growing field

Innovation Consultant

Apply your skills in this growing field

Project Manager

Apply your skills in this growing field

Business Development Manager

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

TechnologyManufacturingRetailConsultingFinance

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1: Introduction

3h

Unit 1: Definition of Entrepreneurship and Turning Knowledge Into Profit (Enterprise, Entrepreneur, Intrapreneur, Entrepreneurship Theory & Practice)

3 study hours
  • •Define entrepreneurship and related terms.
  • •Differentiate between enterprise, entrepreneur, intrapreneur, and entrepreneurship.
  • •Explore entrepreneurial theories.
  • •Analyze the role of knowledge in profit generation.
Week
2

Module 1: Introduction

3h

Unit 2: Entrepreneurship In Personal And National Development: (Importance of Entrepreneurship and Possible Business Opportunities in Nigeria)

3 study hours
  • •Understand entrepreneurship from individual and national development perspectives.
  • •Identify the importance of entrepreneurship.
  • •Explore possible business opportunities in Nigeria.
  • •Analyze how entrepreneurship sustains individuals, families, and nations.
Week
3

Module 2: Innovation in Enterprises

3h

Unit 3: Fostering Innovation In Enterprise

3 study hours
  • •Define innovation and its role in business.
  • •Explore various types of innovation: product, marketing, process, organizational, and technological.
  • •Understand how to foster innovation in business organizations.
  • •Analyze the impact of innovation on market entrance and sustainability.
Week
4

Module 2: Innovation in Enterprises

3h

Unit 4: Business Model Innovation

3 study hours
  • •Understand various models and theories of innovation.
  • •Apply theoretical ideas in business contexts.
  • •Examine the Diffusion Theory of Innovation.
  • •Analyze the Blue Ocean Theory, Open Innovation Theory, and Disruptive Innovation Theory.
Week
5

Module 2: Innovation in Enterprises

3h

Unit 5: TECHNOLOGICAL INNOVATION

3 study hours
  • •Understand technopreneurship and technological innovation.
  • •Explore the concept of technological competence.
  • •Analyze the role of e-business in enterprises.
  • •Examine the impact of technology on business processes.
Week
6

Module 3: Innovation and Opportunities

3h

Unit 6: INNOVATION AND BUSINESS OPPORTUNITIES

3 study hours
  • •Define innovation and its characteristics.
  • •Explore various types of innovation.
  • •Understand the components of organizational innovation.
  • •Analyze the relationship between innovation and business opportunities.
Week
7

Module 3: Innovation and Opportunities

3h

Unit 7: PRODUCT IINNOVATION

3 study hours
  • •Understand product innovation and its stages.
  • •Explore product classification.
  • •Analyze the product innovation process.
  • •Examine the product life cycle.
Week
8

Module 4: Creativity and Implementation

3h

Unit 8: CREATIVITY

3 study hours
  • •Define creativity and its dimensions.
  • •Explore the characteristics of creativity.
  • •Analyze the role of creativity in entrepreneurial success.
  • •Understand the importance of fostering creativity in organizations.
Week
9

Module 4: Creativity and Implementation

3h

Unit 9: IMPLEMENTING ENTREPRENEURIAL INNOVATION

3 study hours
  • •Understand the importance of feasibility reports.
  • •Describe the processes involved in preparing a feasibility report.
  • •Analyze the key components of a feasibility study.
  • •Apply feasibility study findings to entrepreneurial ventures.
Week
10

Module 5: Entrepreneurial Strategies

3h

Unit 10: SUCCESS STRATEGIES OF ENTREPRENEURIAL INNOVATION

3 study hours
  • •Assess the survival strategies of entrepreneurs in Nigeria.
  • •Describe the role of entrepreneurs as agents of economic change.
  • •Explain the technological roles of entrepreneurs.
  • •Analyze success stories of entrepreneurs in Nigeria.
Week
11

Module 5: Entrepreneurial Strategies

3h

Unit 11: ENTREPRENERSHIP OUTFIT

3 study hours
  • •Explain the concept of entrepreneurship outfit.
  • •Discuss the concept of teamwork and its importance.
  • •Understand the guidelines for running an effective team.
  • •Analyze the skills required for effective teamwork.
Week
12

Module 5: Entrepreneurial Strategies

3h

Unit 12: Source of funds for Start up venture

3 study hours
  • •Explore sources of funds for start-up ventures.
  • •Understand the types of finance needed.
  • •Analyze debt and equity financing options.
  • •Examine internal and external funding sources.
Week
13

Module 6: Challenges and Opportunities

6h

Unit 13: Challenges for Funds Sourcing

3 study hours
  • •Identify challenges faced by entrepreneurs while sourcing funds.
  • •Explore strategies to mitigate these challenges.
  • •Analyze the role of balance sheets and business plans.
  • •Understand lender requirements and build trust.

Unit 14: Business opportunities in creativity and technology

3 study hours
  • •Identify technology-based business opportunities.
  • •Explore business opportunities related to creativity.
  • •Analyze the skills needed for different entrepreneurial ventures.
  • •Understand the importance of experience and authenticity.

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

Read the complete course material as provided by NOUN.

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Review definitions of key terms from Unit 1, such as entrepreneurship, enterprise, and intrapreneurship.

2

Create a table summarizing the main entrepreneurial theories discussed in Unit 1, noting key contributors and concepts.

3

Focus on the different types of innovation covered in Unit 3, including product, process, marketing, and organizational innovation.

4

Practice identifying business opportunities based on market trends and needs, as covered in Unit 2.

5

Study the stages of product development and the product life cycle from Unit 7.

6

Understand the dimensions and characteristics of creativity from Unit 8.

7

Review the steps involved in preparing a feasibility report from Unit 9.

8

Familiarize yourself with the sources of funds for start-up ventures from Unit 12.

9

Understand the challenges entrepreneurs face in sourcing funds from Unit 13 and strategies to mitigate them.

10

Review the success strategies for entrepreneurial innovation from Unit 10.

11

Study the importance of teamwork and guidelines for running an effective team from Unit 11.

12

Practice applying the concepts of creativity and technology to identify new business opportunities from Unit 14.

13

Review the potential failures and challenges of entrepreneurship, technological innovation, and creativity from Unit 15.

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