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2020/21 Undergraduate Module Catalogue

LUBS2410 Small Business Internationalisation and Growth

10 creditsClass Size: 112

Module manager: Murod Aliyev
Email: m.aliyev@leeds.ac.uk

Taught: Semester 1 (Sep to Jan) View Timetable

Year running 2020/21

This module is approved as a discovery module

Module summary

The module provides you with conceptual and practical understanding of the way small businesses start-up, internationalise and grow. You will learn how small firms with scarce resources are able to internationalise, the factors that influence small business growth and related policy implications. Theoretical knowledge is put into practice in seminar discussions.

Objectives

The objective of this module is to provide students with an understanding of challenges and opportunities small businesses face in the process of start-up, growth and internationalisation. It explores the factors explaining growth of a small business, methods of financing available to entrepreneurs and methods of internationalisation used by small businesses. Theories are covered to provide more in depth illustration of how a small entrepreneurial firm can internationalise, grow and sustain competitive advantage.

Learning outcomes
On successful completion of this module, students will be able to:

- explain why and how small businesses are able to grow and internationalise and how these attributes inform small business management practice;
- identify and apply in context theories related to small business growth and internationalisation;
- critically examine relevant government policy initiatives and their implications;
- evaluate strategies for financing, internationalisation and growth of small entrepreneurial firms.

Skills outcomes
Transferable:
- Analytical skills;
- Commercial awareness;
- Team working;
- Critical thinking.

Subject specific:
- Building and evaluation of business models;
- Building and evaluation of growth and internationalisation strategies.


Syllabus

The module covers theories explaining how small businesses start, succeed, grow, internationalise and sustain competitive advantage. The syllabus is structured into following topic areas:

- Factors of small business growth - factors of growth are identified and discussed. Theories explaining inception of entrepreneurial ideas, innovation and creating sustainable competitive advantage will be examined. Relevant practical tools will be provided.

- Financing - theories of entrepreneurial finance are covered to explain behaviour of entrepreneurs seeking finance, behaviour of financiers (such as banks, Venture Capital funds, Business Angels) and consequential implications for businesses.

- Internationalisation - methods of small business internationalisation are covered in this section. We will critically evaluate theories explaining the process and outcomes of internationalisation. Existence of 'Born Global' firms and relevant practical implications will be discussed.

- Small Business Policy - government policy initiatives and whether or not and how these assist small business internationalisation and growth will be discussed.

Teaching methods

Due to COVID-19, teaching and assessment activities are being kept under review - see module enrolment pages for information

Delivery typeNumberLength hoursStudent hours
Lecture111.0011.00
Seminar51.005.00
Private study hours84.00
Total Contact hours16.00
Total hours (100hr per 10 credits)100.00

Private study

This could include a variety of activities, such as reading, watching videos, question practice and exam preparation.

Opportunities for Formative Feedback

Your teaching methods could include a variety of delivery models, such as face-to-face teaching, live webinars, discussion boards and other interactive activities. There will be opportunities for formative feedback throughout the module.

Methods of assessment

Due to COVID-19, teaching and assessment activities are being kept under review - see module enrolment pages for information


Coursework
Assessment typeNotes% of formal assessment
AssignmentEssay 3,000 words100.00
Total percentage (Assessment Coursework)100.00

Normally resits will be assessed by the same methodology as the first attempt, unless otherwise stated

Reading list

The reading list is available from the Library website

Last updated: 10/08/2020 08:41:46

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