BUSN1102 Changing the World: Social Innovation, Finance and Enterprise

6 points
(see Timetable)
Semester 2UWA (Perth)Face to face
Details for undergraduate courses
  • The area of knowledge for this unit is Management and Commerce
  • Category A broadening unit for Bachelor of Commerce students where relevant according to the broadening requirements for each student
  • Level 1 elective
This unit highlights how innovation and entrepreneurship are solving major global social and economic challenges such as hunger, poverty, homelessness and intergenerational disadvantage and unemployment. It considers the rise of social entrepreneurship, the shift to a focus on collaboration, and the role of corporate social responsibility, philanthro-capitalism, social finance and impact investing in creating new options for positive social impact. New tools for social change in a digital and social media world (e.g. Kiva, Kickstarter, Twitter, Facebook) are considered and trends in the measurement and demonstration of social impact are examined.

The aim of the unit is for students to gain an evidence based and rich picture of what works in driving social change in the contemporary world.
Students are able to (1) explain the contours of major social and economic challenges such as poverty and social disadvantage facing the world in local, national and international contexts; (2) illustrate the main actors both in finance and delivery involved in local, national and global innovative social change projects; (3) analyse the traditional and emerging solutions to major social and economic challenges, including principal tools and methods currently being employed in socially innovative projects and the relative success of these projects; (4) debate the role and styles of leaders in social change: entrepreneurs, advocates, policy makers, fundraisers, non-government organisations (NGOs), foundations and philanthropists; and (5) design a proposal and business plan for a social enterprise to potentially change the world.
Indicative assessments in this unit are as follows: (1) tutorial exercises and (2) assignments. Further information is available in the unit outline.

Supplementary assessment is not available in this unit except in the case of a bachelor's pass degree student who has obtained a mark of 45 to 49 overall and is currently enrolled in this unit, and it is the only remaining unit that the student must pass in order to complete their course.
Unit Coordinator(s)
Professor Paul Flatau
Contact hours
lectures/tutorials/seminars/workshops: up to 3 hours per week
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Books and other material wherever listed may be subject to change. Book lists relating to 'Preliminary reading', 'Recommended reading' and 'Textbooks' are, in most cases, available via the Booktopia Textbook Finder, which has the functionality to search by course code, course, ISBN and title, and may also be posted or available at the appropriate school's administrative offices. Where texts are listed in the unit description above, an asterisk (*) indicates that the book is available in paperback.