Technopreneurship

1. Assess the nature of technological entrepreneurship

1. Evaluate the characteristics of techno entrepreneurs and the techno entrepreneurial process
2. Evaluate trends and opportunities within technological entrepreneurship
3. Analyse the features and application of the five pillars of technological entrepreneurship

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2.  Establish a new techno business

1. Evaluate the potential for new products or services and new potential markets for them
2. Take action to protect intellectual property that is appropriate to the nature of the business
3. Structure the business in a way that optimizes assets, investment and ownership
4. Prepare a business and marketing for a new techno business that sets SMART objectives and optimizes available resources
5. Market the business in accordance with the marketing plan

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3.  Evaluate the rationale for businesses’ creation, delivery and capture of value

1. Evaluate the uses, strengths and weaknesses against the Business Model Canvas
2. Evaluate the suitability of different methods of exit from the business

• The assessment strategy for this course is designed to test all the learning outcomes.
• Learners must demonstrate successful achievement of all learning outcomes to pass the course.

• The assessment criteria for a pass will be presented with the summative exercise.
• Further information and guidance on the assessment will be made available through the tutor.

To pass the unit a 40% overall grade must be achieved.