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Principles of Entrepreneurship

Module WI000809

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

WI000809 is a semester module in German or English language at Bachelor’s level which is offered every semester.

This module description is valid to SS 2014.

Total workloadContact hoursCredits (ECTS)
120 h 30 h 4 CP

Content, Learning Outcome and Preconditions

Content

The course offers an introduction to entrepreneurship theory and practice. First students will learn in lectures about theoretical approaches to entrepreneurship and important topics such as entrepreneurial decision making and psychology, opportunity recognition, entrepreneurial finance, and strategy. The second part of the course is a "hands-on-experience" where student teams will work out an opportunity assessment plan based on innovative business ideas they develop.

Learning Outcome

After course participation students are able to understand the processes associated with the recognition and development of entrepreneurial opportunities. In addition, they are able to develop an opportunity assessment plan.

Preconditions

None

Courses, Learning and Teaching Methods and Literature

Courses and Schedule

Learning and Teaching Methods

The module consists of introductory lectures including cases and class discussion. In group work students develop business ideas and present the opportunity assessment plans they developed.

Media

PowerPoint, Flipchart.

Literature

Hisrich, R. D./Peters, M. P./Shepherd, D. A.: Entrepreneurship, 8th edition, McGraw-Hill, 2010

Module Exam

Description of exams and course work

The grading is based on presentations (40% of grade) and a term paper (60% of grade).

Exam Repetition

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

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