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Entrepreneurship (Theory)
This course will enable the students to provide a comprehensive understanding of entrepreneurial theory, enabling students to analyze, evaluate, and apply theoretical frameworks to real-world entrepreneurial challenges.
Course Outcomes (COs):
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Course |
Learning outcomes (at course level) |
Learning and teaching strategies |
Assessment Strategies |
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Course Code |
Course Title |
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24CBTM303
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Entrepreneurship (Theory)
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CO103:Analyze various dimensions of entrepreneurship and facilitating a holistic understanding through integrated analysis. CO104: integrate knowledge on promoting a new venture and valuation for a new company CO105:evaluate the various forms of business ownership and evaluating the diverse sources of innovation in business for strategic decision-making CO106:Analyze the role of government in entrepreneurial development and methods for encouraging change within family business systems. CO107:synthesize knowledge on financing entrepreneurial ventures for fostering entrepreneurial growth CO108:Contribute effectively in course-specific interaction. |
Approach in teaching: Interactive Hours, Group discussions, problem solving sessions.
Learning activities for the students: Self learning assignments, Effective questions, Chart preparation. |
Class test, Semester end examinations, Quiz, Assignments, Presentation, Individual and group projects |
Concept of Entrepreneurship & Entrepreneur Entrepreneurship: Meaning, Nature, Benefits, Classification of Entrepreneurship, Evolution of the Concept of Entrepreneurship, Entrepreneurial Process
Entrepreneur: Competencies of an Entrepreneur, Types of Entrepreneurs, Role and Functions of Entrepreneur
Promotion of a New Venture & Business Plan Promotion of a New Venture: Search for a Business Idea – Sources of Ideas, Idea Processing and Selection; Pre-start-up Implementation – Assembling Necessary Inputs; Establishing the Enterprise and Start-up Stage – Start-up Operating objectives, Positioning the Enterprise
Business Plan: Concept, Characteristics, Steps in developing a Business Plan, Need for and Importance of Business Plan, Feasibility Study for New business, Valuation of a New Company
Forms of Business Ownership & Entrepreneurship, Creativity and Innovation
Forms of Business Ownership: Sole Proprietorship, Partnership, Limited Liability partnership and Corporation form, Joint Stock, Co-operative Venture, Franchising
Entrepreneurship, Creativity and Innovation: Meaning, Creativity Vs Innovation, Creativity and Innovation Process, Stimulating Creativity; Organizational actions that enhance/hinder creativity, Sources of Innovation in Business
Role of Government in Entrepreneurial Development & Family Business and Entrepreneurship Role of Government in Entrepreneurial Development: Need; Government Assistance, Incentives and Schemes for Infrastructural facilities
Family Business and Entrepreneurship: Concept of Family business, Structure and Kinds of family firms, Management of family enterprises, Conflict and conflict resolution in family firms, Encouraging Change in the family business system.
Financing the Entrepreneurial Business Financing the Entrepreneurial Business: Sources of finance – Short-term and Long-term; Loan syndication, Consortium finance, Venture capital, Angel Investors
Institutional Support to Entrepreneurs: SIDBI, IDBI, IFCI, FIWE
1. Burns, P., Entrepreneurship and Small Business, Palgrave, New Jersey
2. Drucker, P. F., Innovation and entrepreneurship: Practice and principles, Elsevier, USA
3. Hisrich, R., & Peters, M., Entrepreneurship, Tata McGraw Hill, New Delhi
Suggested Readings:
1. G.S Sudha, Fundamentals of Entrepreneurship, R.B.D Publications Jaipur
2. Holt, D. H., Entrepreneurship new venture creation, Prentice Hall India, New Delhi
3. Kaplan, J., Patterns of entrepreneurship, Wiley
4. Roy Rajeev, Entrepreneurship, Oxford Higher Education
5. Vasant Desai, Entrepreneurial Development, Himalaya Publishing House
E-resources:
1. https://www.google.co.in/books/edition/Entrepreneurial_Development/uUdLA...
