Lecture-14 hours
Seminar-6 hours
Tutorial-17 hours
Practical Classes and workshops-7 hours
Supervised time in studio/workshop-15 hours
Guided independent study-341 hours Total: 400 hours
Exclusions
Description
This Biomedical Entrepreneurship module is designed to increase employability of students who are keen to pursue a career in biomedical innovation. It is a specialist module which builds on previous learning in Year 2 if the student wishes to graduate with a Minor.
This module has a focus on developing entrepreneurship, scientific critical insight, and communication and builds on student have learning in years 1 and 2on the foundations of human health and disease. Within this module students will learn about innovative biomedical technologies and business, entrepreneurship, and management.
Based within the Medical School, student learning is informed by world-leading translational research in drug discovery, biomarker discovery, stem cells, tissue engineering, biomaterials, digital healthcare, and medical devices. The module also draws on expertise within College and across the University, precision health technology accelerators (PHTA), and industry.
Students will learn how to create companies and translate medical technologies into clinical practice. Topics covered will include business start-up, management structures and financial planning, IP and pattern strategies, legal aspects, regulatory affairs, and ethics.
The delivery of the module is multi-modal.
The ethos of the module is to teach in an authentic way by actively participating, to develop a deep critical understanding together with excellent communication and presentation skills, drawing expertise from within the University but also from industrial partners and entrepreneurs, with a focus in the West Midlands.
Tutorial-based problem-solving and small-group learning will inspire and nurture creativity and provide regular opportunities for support and formative feedback. Hands-on workshops and industry exposure will support student understanding and enable students to relate learning to real-life scenarios, giving students an authentic experience. Networking opportunities will provide students with exposure to a range of career pathways.
The module closely aligns with the University PROFF Employability strategy, and the College Compact and School/Institute strategy.
Learning Outcomes
By the end of the module students should be able to:
Research, conduct and deliver in an appropriate style and structure a fully justified and feasible business case for a product in the biomedical field
Describe the intellectual property, funding & finance, regulatory issues, incubators, technology transfer, and market structure in biomedical enterprise
Discuss and apply business and financial strategies in taking translation healthcare projects to market
Discuss the legal frameworks used in biomedical enterprise and translational research
Demonstrate an understanding of entrepreneurship and apply this to a range of projects and challenges
Describe and discuss management and leadership styles and strategies in an enterprise setting
Assessment
38637-01 : Overall Module Mark : Mixed (100%)
Assessment Methods & Exceptions
The in-module assessment consists of a written examination and course work.
These elements are together designed to test that students have developed a sound knowledge and skills essential for enterprise and innovation in biomedical sciences. Successful completion of the set of summative assessments is linked to successful achievement of all learning outcomes of the module.
Assessments: The module is assessed by a combination of a written examination and course work: Written examination 50% (Semester 2) Course Work 50% (Semester 1)
The course work component will include the following:
In Written Examination: students will be assessed on their ability to apply their learning and skills to a set of questions in enterprise and innovation in biomedical sciences given a time constraint of 3 hour
In course assessments: (total 50%): 1. Business plan competition; including Written Critique of an Entrepreneurial Case ( 50%)
It is a requirement that students achieve a mark of at least 35% in their summative exam.
Overall Pass mark for the module is 40%.
The set of summative assessments for this module is designed in the full expectation that formative assessments, as directed by the module leader, are completed. Regular activities in class constitute a set of formative assessments, which is required to prepare for the in-class sessions/in-module assessments and the final examination.
