Introduction to Entrepreneurship

Module WI000801

This Module is offered by Chair of Entrepreneurship (Prof. Patzelt).

This module handbook serves to describe contents, learning outcome, methods and examination type as well as linking to current dates for courses and module examination in the respective sections.

Basic Information

WI000801 is a semester module in English language at Bachelor’s level und Master’s level which is offered in winter semester.

This module description is valid to WS 2015/6.

Total workloadContact hoursCredits (ECTS)
90 h 30 h 3 CP

Content, Learning Outcome and Preconditions

Content

The course includes the following topics: Definition of entrepreneurship and importance for economic development, entrepreneurship at universities, entrepreneurial motivation and intentions, decision making under uncertainty, effectuation and causation, entrepreneurial failure, entrepreneurial strategy and networks, business planning, growth models, strategic alliances of young ventures, human and social capital of entrepreneurs, social and sustanability entrepreneurship

Learning Outcome

After course participation students will be able to (i) define entrepreneurship and explain its role for the economy and society, (ii) understand basic psychological and cognitive processes in entrepreneurial action, (iii) explain the basics and important concepts of entrepreneurial decision making, (iv) analyze the role of human and social capital of entrepreneurs, (v) understand the consequences of entrepreneurial failure, (vi) describe growth models and growth paths of young ventures, (vii) remember the purpose and elements of a business plan, (viii) understand the importance of entrepreneurial action for the success of existing firms (corporate entrepreneurship), (ix) explain the advantages and disadvantages of strategic alliances, and (x) remember special forms of entreprenership (social and sustainability sntrepreneurship).

Preconditions

None

Courses, Learning and Teaching Methods and Literature

Courses and Schedule

Learning and Teaching Methods

The module consists of a lecture. During the lecture the contents are delivered through presentations and talks. The students are inspired to improve the acquired knowledge by studying the suggested literature.

Media

Presentations

Literature

Hisrich/Peters/Shepherd, 2008, Entrepreneurship, McGraw-Hill

Module Exam

Description of exams and course work

The grading is based on a written exam at the end of the semester.

Exam Repetition

There is a possibility to take the exam in the following semester.

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