Introduction to Entrepreneurship
Module WI000801
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.
Module version of SS 2012 (current)
There are historic module descriptions of this module. A module description is valid until replaced by a newer one.
Whether the module’s courses are offered during a specific semester is listed in the section Courses, Learning and Teaching Methods and Literature below.
| available module versions | |
|---|---|
| SS 2012 | WS 2011/2 |
Basic Information
WI000801 is a semester module in English language at Bachelor’s level which is offered in winter semester.
This module description is valid to WS 2015/6.
| Total workload | Contact hours | Credits (ECTS) |
|---|---|---|
| 90 h | 30 h | 3 CP |
Content, Learning Outcome and Preconditions
Content
The module introduces students into basic principles of the topic of entrepreneurship from a global and international perspective. Students will be equiped with basic knowledge on:
- definitions, regional aspects, and special forms of entrepreneurship
- entrepreneurial individuals, including their personality, creativity, idea development, cognition, opportunity recognition, decision making, affect, and moving forward from failure
- entrepreneurial firms, including their growth strategies, strategic alliances, and resources.
Beyond that, students will engage in break-out group workshops to personally experience the process of opportunity recognition and development. In these workshops they will work in teams and apply concepts from academic literature to real-world entrepreneurial problems. Furthermore, students give presentations to the audience and discuss their results.
- definitions, regional aspects, and special forms of entrepreneurship
- entrepreneurial individuals, including their personality, creativity, idea development, cognition, opportunity recognition, decision making, affect, and moving forward from failure
- entrepreneurial firms, including their growth strategies, strategic alliances, and resources.
Beyond that, students will engage in break-out group workshops to personally experience the process of opportunity recognition and development. In these workshops they will work in teams and apply concepts from academic literature to real-world entrepreneurial problems. Furthermore, students give presentations to the audience and discuss their results.
Learning Outcome
First, students will know and be able to explain basic concepts of entrepreneurship including basic definitions, psychological processes and characteristics of the person of the entrepreneur, and potential development paths of young firms. Further, students will transfer this basic knowledge to real world cases. Thus, students will be able to solve entrepreneurial problems in real world settings drawing on theoretical frameworks of the entrepreneurial process.
Preconditions
None
Courses, Learning and Teaching Methods and Literature
Courses and Schedule
| Type | SWS | Title | Lecturer(s) | Dates | Links |
|---|---|---|---|---|---|
| VO | 2 | Introduction to Entrepreneurship (WI001058) (Part II of Module "Foundations of Entrepreneurial and Ethical Business") | Baur, C. Patzelt, H. |
Tue, 11:30–13:00, 0980 and singular or moved dates |
Learning and Teaching Methods
The module will combine several learning methods.
- The basic knowledge as well as real world examples will be provided through the lecture.
- Discussions in the lecture and active participation are encouraged and will contribute to deepen the understanding of the concepts introduced.
- Workshops in smaller groups enable the students to apply (part of) their theoretical knowledge to real-world problems. This format additionally fosters creativity and team work.
- Students will get additional background knowledge from the scientific literature in private reading.
- The basic knowledge as well as real world examples will be provided through the lecture.
- Discussions in the lecture and active participation are encouraged and will contribute to deepen the understanding of the concepts introduced.
- Workshops in smaller groups enable the students to apply (part of) their theoretical knowledge to real-world problems. This format additionally fosters creativity and team work.
- Students will get additional background knowledge from the scientific literature in private reading.
Media
Presentations, exercises, online materials
Literature
Hisrich, R. D., Peters, M. P., & Shepherd, D. A. (2010). Entrepreneurship (8th ed.). New York: McGraw-Hill.
Read, S., Sarasvathy, S., Dew, N., Wiltbank, R. & Ohlsson, A.-V. (2010). Effectual Entrepreneurship. New York: Routledge Chapman & Hall.
Read, S., Sarasvathy, S., Dew, N., Wiltbank, R. & Ohlsson, A.-V. (2010). Effectual Entrepreneurship. New York: Routledge Chapman & Hall.
Module Exam
Description of exams and course work
The grading is based on a written exam (60 Minutes). The written form of the exam allows a comprehensive assessment of students' knowledge and understanding of the basic principles of entrepreneurship. They will answer questions about the concepts explaining the mindset of entrepreneurial individuals and the management of entrepreneurial firms as introduced in the lecture. They will also answer questions about basic definitions of specific types of entrepreneurship and entrepreneurial behavior.
Exam Repetition
There is a possibility to take the exam in the following semester.