INTL 711 CENTENNIAL COLLEGE Innovation, Entrepreneurship and Economic

Development

Course Description
Course Outline This course introduces students to the concepts and practices of economic and social entrepreneurship,
encompassing creativity and innovation, in order to create value in the global marketplace and in the
society, and to contribute to economic development. It gives students a critical understanding of the link
School: Business
between entrepreneurship, innovation and economic development, and the critical factors contributing to
Graduate Studies their success. Students learn to develop entrepreneurial skills and innovative approaches as they
Department:
examine the trends in which “going global” has become an integral part of business strategies for many
Course Title: Innovation, Entrepreneurship and companies, and social innovation has increasingly been needed to tackle social issues that have not been
Economic Development adequately addressed by the public or private sectors.

Course Code: INTL 711

The course examines practical applications of international entrepreneurship and innovation, including
starting one’s own global business or non-profit organization, working as a global manager for a small- or
Course Hours/Credits: 42
medium-sized enterprise (SME) or a multi-national corporation (MNC) in the private sector, or in the non-

Prerequisites: N/A profit or government sectors.

Co-requisites: N/A
Program Outcomes
Yes Successful completion of this and other courses in the program culminates in the achievement of the
Eligible for Prior Learning,
Assessment and Recognition: Vocational Learning Outcomes (program outcomes) set by the Ministry of Training, Colleges and
Universities in the Program Standard. The VLOs express the learning a student must reliably demonstrate
Originated by: Julie Nguyen before graduation. To ensure a meaningful learning experience and to better understand how this course
and program prepare graduates for success, students are encouraged to review the Program Standard by
Creation Date: Fall 2014 visiting http://www.tcu.gov.on.ca/pepg/audiences/colleges/progstan/. For apprenticeship-based programs,
visit http://www.collegeoftrades.ca/training-standards.
Revised by: Julie Nguyen

Revision Date: Fall 2015 Course Learning Outcomes

The student will reliably demonstrate the ability to:
Current Semester: Winter 2016 1. Discuss the main characteristics of Canadian and international entrepreneurship, and Canada’s
position in global markets
Approved by: 2. Provide an overview of major regional economic cooperation and integration; the political,
economic, legal, and cultural environment and current trends in international business; and the
sources of entrepreneurial opportunity and new business creation for Canadian companies;
Chairperson/Dean 3. Distinguish between social and economic approaches to entrepreneurship, and examine the links to
social innovation and social change
4. Examine various types of entrepreneurial organizations; the context, institutions, and framework
Students are expected to review and understand all areas of the course outline. conditions of different entrepreneurial environments; and organizational learning
5. Assess the roles and functions of higher education institutions in promoting entrepreneurship, and
Retain this course outline for future transfer credit applications. A fee may be charged for their engagement with entrepreneurship and economic development
additional copies. 6. Critically analyze the evolution and emergence of entrepreneurship policy internationally, and
discuss Canadian entrepreneurship policy at the federal, provincial and municipal levels
This course outline is available in alternative formats upon request. 7. Examine how entrepreneurship and innovation contribute to economic growth, and propose
alternative approaches to entrepreneurship
8. Evaluate the new directions of entrepreneurship in today’s contexts of economic challenges,
environmental degradation, and growing income disparities

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INTL 711 CENTENNIAL COLLEGE Innovation, Entrepreneurship and Economic INTL 711 CENTENNIAL COLLEGE Innovation, Entrepreneurship and Economic
Development Development

9. Develop entrepreneurial skills and innovative approaches, and apply them towards professional
development, starting a business or NGO, and career building Stanford Social Innovation Review.
www.ssir.org

Essential Employability Skills (EES) Canada Foundation for Innovation.

The student will reliably demonstrate the ability to*: www.innovation.ca
1. Communicate clearly, concisely and correctly in the written, spoken, and visual form that fulfills the
purpose and meets the needs of the audience.
5. Use a variety of thinking skills to anticipate and solve problems. Centre for Social Innovation.
7. Analyze, evaluate, and apply relevant information from a variety of sources. www.socialinnovation.ca
9. Interact with others in groups or teams in ways that contribute to effective working relationships
and the achievement of goals. The Centre for Innovation Studies.
*There are 11 Essential Employability Skills outcomes as per the Ministry Program Standard. Of these 11 outcomes, the following will be
assessed in this course. www.thecis.ca

Applied Research and Innovation Centre, Centennial College.

Global Citizenship and Equity (GC&E) Outcomes www.centennialcollege.ca/programs-courses/centres-institutes/applied-research-and-innovation/
The student will reliably demonstrate the ability to*:
4. Analyze the use of the world's resources to achieve sustainability and equitable distribution at the Centre of Entrepreneurship, Centennial College.
personal, professional, and global level.
www.centennialcollege.ca/programs-courses/centres-institutes/centre-of-entrepreneurship/
5. Identify and challenge unjust practices in local and global systems.
Material(s) required for completing this course:
6. Support personal and social responsibility initiatives at the local, national or global level.
*There are 6 institutional Global Citizenship & Equity outcomes. Of these 6 outcomes, the following will be assessed in this course.
Scientific Calculator.

Methods of Instruction Classroom and Equipment Requirements

SMART classroom.
Lectures, discussions and on-line materials.

Text and other Instructional/Learning Materials Evaluation Scheme

➮ In-class assignments (8 x 5%) (Weeks 2, 3, 4, 7, 8, 9, 10, 11): Assignments to be completed in-class
Text Book(s):
only.
Mitra, Jay (2011). Entrepreneurship, Innovation and Regional Development. Routledge.
➮ Individual project (Week 5), including 5% GC&E component: The purpose of this assignment is to
http://www.routledge.com/books/details/9780203813782/
encourage students to explore and apply economic and social innovation and entrepreneurship in
ISBN: 978-0-415-40516-4
the Canadian and global contexts.
Online Resource(s):
➮ Test #1 (Week 6): The test will consist of multiple choice questions, short answer questions, and/or a
Canada's Ministry of Innovation, Science and Economic Development.
case study.
www.ic.gc.ca
➮ Group Project (Week 12): Students work with group members on a project to apply economic and
social innovation and entrepreneurship in the current context. Each student submits individual work
Global Affairs Canada. Global Market Action Plan.
and receives individual mark.
http://www.international.gc.ca/global-markets-marches-mondiaux/index.aspx?lang=eng
➮ Test #2 (Week 14): The test will consist of multiple choice questions, short answer questions, and/or
a case study.
Ontario Ministry of Research and Innovation.
www.ontario.ca/ministry-research-and-innovation

Futurpreneur Canada.
www.futurpreneur.ca

MaRS Centre for Impact Investing.

mpactinvesting.marsdd.com

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 INTL 711 CENTENNIAL COLLEGE Innovation, Entrepreneurship and Economic INTL 711 CENTENNIAL COLLEGE Innovation, Entrepreneurship and Economic
Development Development

Evaluation Name CLO(s) EES GCE Weight/100 of harassment, discrimination, bullying and violence will be addressed and responded to accordingly.
Outcome(s) Outcome(s)
In-class assignments (8 x 5%) (Weeks 2, 3, 4, 7, 8, 1, 2, 3, 4, 5, 1, 5 4, 5, 6 40
9, 10, 11) 6, 7, 8 Academic honesty is integral to the learning process and a necessary ingredient of academic integrity.
Individual project (Week 5), including 5% GC&E 1, 2, 3 1, 7 4, 5, 6 15 Academic dishonesty includes cheating, plagiarism, and impersonation. All of these occur when the work
component
of others is presented by a student as their own and/or without citing sources of information. Breaches of
Test #1 (Week 6) 1, 2, 3, 4 1, 5 4 15
academic honesty may result in a failing grade on the assignment/course, suspension or expulsion from
Group Project (Week 12) 6, 7, 8, 9 1, 5, 7, 9 4, 5, 6 15
the college.
Test #2 (Week 14) 5, 6, 7, 8 1, 7 4 15
Total 100%
For more information on these and other policies, please visit www.centennialcollege.ca/about-
If students are unable to write a test they should immediately contact their professor or program Chair for
centennial/college-overview/college-policies.
advice. In exceptional and well documented circumstances (e.g. unforeseen family problems, serious
illness, or death of a close family member), students may be able to write a make-up test.
Students enrolled in a joint or collaborative program are subject to the partner institution's academic
policies.
All submitted work may be reviewed for authenticity and originality utilizing Turnitin®. Students who do not
wish to have their work submitted to Turnitin® must, by the end of the second week of class,
communicate this in writing to the instructor and make mutually agreeable alternate arrangements. PLAR Process
This course is eligible for Prior Learning Assessment and Recognition (PLAR). PLAR is a process by
When writing tests, students must be able to produce official College photo identification or they may be which course credit may be granted for past learning acquired through work or other life experiences. The
refused the right to take the test or test results will be void. PLAR process involves completing an assessment (portfolio, test, assignment, etc.) that reliably
demonstrates achievement of the course learning outcomes. Contact the academic school to obtain
information on the PLAR process and the required assessment.
Student Accommodation
It is College Policy to provide accommodation based on grounds defined in the Ontario Human Rights
Code. Accommodation may include modifications to standard practices. Students with disabilities who This course outline and its associated weekly topical(s) may not be reproduced, in whole or in
require academic accommodations must register with the Centre for Students with Disabilities. Students part, without the prior permission of Centennial College.
requiring accommodation based on other human rights grounds should talk with their professors as early
as possible. Please see the Student Accommodation Policy.

Use of Dictionaries
• Dictionaries may be used in tests and examinations, or in portions of tests and examinations, as long
as they are non-electronic (not capable of storing information) and hard copy (reviewed by the
invigilator to ensure notes are not incorporated that would affect test or examination integrity).

Program or School Policies

N/A

Course Policies
N/A

College Policies
Students should familiarize themselves with all College Policies that cover academic matters and student
conduct.

All students and employees have the right to study and work in an environment that is free from
discrimination and harassment and promotes respect and equity. Centennial policies ensure all incidents
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INTL 711 CENTENNIAL COLLEGE Innovation, Entrepreneurship and Economic Development INTL 711 CENTENNIAL COLLEGE Innovation, Entrepreneurship and Economic Development

Week Topics Readings/Materials Weekly Learning Outcome(s) Instructional Strategies Evaluation Evaluation
Topical Outline (subject to change): Name Date
Week Topics Readings/Materials Weekly Learning Outcome(s) Instructional Strategies Evaluation Evaluation n/
Name Date 3 Entrepreneurship Chapter 3: • Discuss the elements, foundations, and Lecture #2 - In-class Week 3
1 Introduction to Chapter 1: Introduction • Provide an overview of entrepreneurship and Lecture Theories Entrepreneurship limitations of economic theories of assignment
Entrepreneurship, innovation in terms of creating economic and Theories: The entrepreneur-ship, and the differences in Class discussion (5%)
Innovation and Global social value and the link with economic Class discussion The Global Impact Economic Arguments assumptions and the approaches to the
Development Entrepreneurship development Investing Network analysis of these theories In-class work
Monitor (GEM) Canada • Discuss the role of technology, the Q&A www.thegiin.org • Examine the range and depth of economic
Entrepreneurship in Report 2014 (Executive entrepreneurial organization context, and MaRS Centre for analysis of entrepreneurship Guest speaker
Canada Summary) social entrepreneurship Impact Investing impactinvesting.marsdd • Identify ways in which the theories can help
www.thecis.ca • Discuss Canadian entrepreneurial attitudes, .com to illuminate and explain the practice of
Applied Research and activity, aspirations, and demographics entrepreneurship
Innovation Centre, OECD. • Explain the stages of entrepreneurship and Optional handout: • Define impact investing and discuss its core
Centennial College Entrepreneurship at a the framework conditions for entrepreneurship Keohane, The Investor characteristics
Glance 2015. in Canada Perspective: Impact • Provide global examples and market
Centre of http://www.oecd.org/std Investing potential of impact investing, and discuss the
Entrepreneurship, /business- opportunity to advance impact investing in
Centennial College stats/entrepreneurship- Canada
at-a-glance- 4 Social Chapter 4: The Social • Provide an overview of the social science Lecture #3 - In-class Week 4
22266941.htm Entrepreneurship and Dimensions of perspective of entrepreneurship, and assignment
Social Innovation Entrepreneurship distinguish between social and economic Class discussion (5%)
Canada Business approaches to entrepreneurship
Network. Is Stanford Social Social • Evaluate the underpinning theories that help In-class work
entrepreneurship for Innovation Review Entrepreneurship: The to explain entrepreneurship in society
you? Case for Definition. • Examine key concepts of social capital,
http://www.canadabusin Global examples of ssir.org/articles/entry/so networks, social contexts and culture to
ess.ca/eng/page/2858/ social entrepreneurs cial_entrepreneurship_t explain the role of the entrepreneur in society
2 Entrepreneurial Chapter 2: • Discuss sources of entrepreneurial Lecture #1 - In-class Week 2 he_case_for_definition • Define social entrepreneurship, analyze the
Opportunity Entrepreneurial opportunity and new business creation, and assignment Centre for Social characteristics of social entrepreneurs, and
Opportunity: Conditions link the sources to theoretical concepts Class discussion (5%) Innovation 30 under 30. Social the links to innovation and social change
Canada's Ministry of and Circumstances for • Analyze the relationship between Entrepreneurs. • Develop initiatives for social innovation and
Innovation, Science Innovation and New technology-driven opportunities and In-class work www.forbes.com/specia entrepreneurship towards positive social
and Economic Firm Creation entrepreneurship l-report/2012/30-under- change
Development • Examine how opportunities can be shaped Instructions for 30/30-under-
www.ic.gc.ca by different stages of a product life cycle individual project 30_social.html
Ontario Ministry of • Provide an overview of the role of the
Research and www.ontario.ca/ministry federal, provincial and municipal governments www.socialinnovation.c
Innovation -research-and- in generating entrepreneurial opportunity a
innovation
Enterprise Toronto Optional handout:
www.enterprisetoronto. London & Morfopoulos
Dragons’ Den videos com - An Introduction to
Social Entrepreneurship
www.cbc.ca/dragonsde - What Motivates a

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INTL 711 CENTENNIAL COLLEGE Innovation, Entrepreneurship and Economic Development INTL 711 CENTENNIAL COLLEGE Innovation, Entrepreneurship and Economic Development

Week Topics Readings/Materials Weekly Learning Outcome(s) Instructional Strategies Evaluation Evaluation Week Topics Readings/Materials Weekly Learning Outcome(s) Instructional Strategies Evaluation Evaluation
Name Date Name Date
Social Entrepreneur entrepreneurs, including Aboriginal, women
- Evaluating Success: and young entrepreneurs
Measures of Social 9 International Chapter 8: • Provide an overview of the meaning and Lecture #6 - In-class Week 9
Performance Entrepreneurship Entrepreneurship, scope of entrepreneurship and innovation in assignment
5 The Entrepreneurial Chapter 5: The • Discuss the meaning, scope, structure and Lecture Individual Week 5 Internationalization and an international context, and the role of Class discussion (5%)
Organization Entrepreneurial components, and different types of project due Global Value Chains. Globalization: Learning, learning in international business and
Organization entrepreneurial organizations Class discussion (15%) The Canadian Trade Innovation and entrepreneurship In-class work
Lean Enterprise • Assess the relative merits, disadvantages Commissioner Service Development in the • Examine the internationalization process:
Canada www.lean.org and values of various types of entrepreneurial In-class work International Context traditional models, and new developments in
organizations venture creation and innovation
• Examine collaborative forms of innovation www.tradecommissione • Explain the differences between international
that help to define modern entrepreneurial r.gc.ca/eng/gvc business and international entrepreneurship,
organizations and between internationalization and
• Discuss the changing landscape of globalization
innovation and the role of entrepreneurial • Examine issues related to new product and
organizations in a global economy service development and new forms of
6 Test #1 Test #1 N/A Test #1 Test #1 (1.5 Week 6 network-centric organizations in an
hours, 15%) international context
Instructions for group 10 Education and Chapter 9: Higher • Provide an overview of role and function of Lecture #7 - In-class Week 10
project Entrepreneurship Education, Universities higher education in promoting assignment
7 The Entrepreneurial Chapter 6: The • Discuss key elements of an entrepreneurial Lecture #4 - In-class Week 7 and Entrepreneurship entrepreneurship Class discussion (5%)
Environment Entrepreneurial environment and the underpinning contextual assignment The EY G20 • Examine the context in which higher
Environment: Context, and situational issues Class discussion (5%) Entrepreneurship www.ey.com/CA/en/Ser education institutions (HEIs) play a role in In-class work
Innovate. The Institutions, Constraints • Explain the meaning, purpose and role of Barometer 2013: vices/Strategic-Growth- advancing entrepreneurship and innovation
Canadian Trade and Framework institutions in an entrepreneurial environment In-class work Canada Markets/G20- • Identify and evaluate the strategies and
Commissioner Service Conditions • Analyze framework conditions and their Entrepreneurship- mechanism adopted by HEIs to support
applications to different entrepreneurial Review Youth Innovation Barometer-2013- entrepreneurship and economic development
www.tradecommissione environments Fund. Ontario Ministry Education-and-training • Discuss the evolution of HEIs in terms of
r.gc.ca/eng/innovators • Examine key tools with which to develop a of Training, Colleges their engagement with entrepreneurship and
framework for entrepreneurial environment and Universities www.tcu.gov.on.ca economic development
appropriate for particular conditions, context 11 Entrepreneurship Chapter 10: • Provide an overview of the meaning, scope Lecture #8 - In-class Week 11
and organizations Policy Entrepreneurship and purpose of entrepreneurship assignment
8 Entrepreneurship and Chapter 7: • Discuss the relationship between the concept Lecture #5 - In-class Week 8 Policy: Its Emergence, • Distinguish between SME development Class discussion (5%)
Learning Entrepreneurship and and practice of learning and entrepreneurship assignment Canada’s Innovation Scope and Value policy and entrepreneurship policy
Learning • Analyze components of learning and the Class discussion (5%) Strengths and • Critically analyze the evolution and In-class work
Aboriginal, women learning process Priorities. The www.tradecommissione emergence of entrepreneurship policy
and young www.bdc.ca/EN/i_am/ • Examine the levels and significance of In-class work Canadian Trade r.gc.ca/eng/science/stra • Elaborate the development of
entrepreneurs. learning and appraise their value Commissioner Service tegies entrepreneurship policy in different
Business • Apply approaches to entrepreneurial environments
Development Bank of decision-making at the levels of firm and 12 Entrepreneurship, Chapter 11: • Examine the relationship between Lecture and discussion Group project Week 12
Canada (BDC) region Innovation and Entrepreneurship, entrepreneurship and economic development due (15%)
• Discuss support provide by BDC for Economic Innovation and • Propose alternative approaches to

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INTL 711 CENTENNIAL COLLEGE Innovation, Entrepreneurship and Economic Development

Week Topics Readings/Materials Weekly Learning Outcome(s) Instructional Strategies

Evaluation Evaluation
Name Date
Development Economic Development entrepreneurship and its role in economic
development
Canada Foundation www.innovation.ca • Examine how entrepreneurship and
for Innovation innovation contribute to regional economic
growth
• Discuss how entrepreneurial opportunities
are created in globally connected regions
• Propose policies for economic development
based on entrepreneurship and ideas for
growing new businesses
13 The Future of Chapter 12: Future • Review the concept and scope of Lecture and discussion
Entrepreneurship Directions and the entrepreneurship beyond the small firm to
Romance of cover economic, social and cultural contexts Review of Test #2
Futurpreneur Canada Entrepreneurship of creativity, opportunity creation and
realization
www.futurpreneur.ca • Evaluate the new directions, variables and
connections of entrepreneurship as related to
the current economic crisis, environmental
degradation, and growing income disparities
• Explore the financing, mentoring and
support tools for young entrepreneurs
provided by Futurpreneur Canada
14 Test #2 Test #2 N/A Test #2 Test #2 (15%) Week 14

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