Credit Points 10

Legacy Code 301206

Coordinator Anton Bogdanovych Opens in new window

Description This subject prepares students to run a lean startup. Lean Start-up techniques are designed to test a business concept, or a hypothesis to create fast-growing businesses. Students learn that the chances of success improve when following the principles of failing fast, customer feedback and continuous learning. Through practical activities students analyse the legal and ethical dilemmas that apply to a start-up (or any) organisation. Upon successful completion of this subject, students would have developed a thorough understanding of developing a startup business using lean startup method, local and international legal and ethical landscape within which modern start-up businesses operate.

School Business

Discipline Business Management

Student Contribution Band HECS Band 4 10cp

Check your fees via the Fees page.

Level Undergraduate Level 2 subject

Equivalent Subjects BUSM 2023 - Incubator 2 Legal and Ethical Setting of Entrepreneurship

Learning Outcomes

On successful completion of this subject, students should be able to:

1. Develop a hypothesis for a startup business. 
2. Apply a business model for a startup business using lean start-up tools. 
3. Prepare a business plan for a startup business. 
4. Experiment with rapid prototyping to validate with customers. 
5. Apply communication and collaboration skills to complete tasks in a timely and ethical manner.

Subject Content

1. Entrepreneurial mindset & lean startup method 
2. Lean Canvas 
3. Business Plan Development  
4. Hypothesis-based approach to ideation 
5. Rapid Prototyping  
6. Intellectual Property (IP) Strategy 
7. Ethical Business Strategy 

Special Requirements

Essential equipment

Laptop