This course aims at instituting entrepreneurial skills in the students by giving an overview of entrepreneurship and the competences that are needed to become an entrepreneur. To enable students to explore, launch entrepreneurial ventures in their own areas of interest.
At the end of the course, students should be able to:
Unit I (3 weeks)
Introduction: Concept and Definitions Entrepreneurship, Entrepreneurial Mind-set, Traits/Qualities of Entrepreneurs, Entrepreneurship process; Theories of entrepreneurship; Factors impacting emergence of entrepreneurship; Role of Entrepreneur: Role of an entrepreneur in economic growth as an innovator; generation of employment opportunities; complimenting and supplementing economic growth; bringing about social stability and balanced regional development of industries.
References:
Hisrich, R.D., Manimala, M.J., Peters, M.P., Shepherd, D.A.: Entrepreneurship, Tata McGraw Hill [Chapter 1]
M.B. Shukla . Entrepreneurship and Small Business Management : Kitab Mahal Publishers [Chapter 1,4,5,8]
Unit II (3 weeks)
Classification and Types of Entrepreneurs; Women Entrepreneurs; Social Entrepreneurship; Corporate Entrepreneurs, Family Business: Concept, structure and kinds of family firms; Culture and evolution of family firm; Managing Business, family and shareholder relationships
References:
Scarborough, N. M., Cornwall, J. R., & Zimmerer, T. (2016). Essentials of entrepreneurship and small business management. Boston: Pearson. [Chapter 1]
M.B. Shukla . Entrepreneurship and Small Business Management : Kitab Mahal Publishers [Chapter 7,40,52]
Unit III (3 weeks)
Creating Entrepreneurial Venture: Generating Business idea, Team building, – Sources of Innovation Creativity and Entrepreneurship; Challenges in managing innovation; Entrepreneurial strategy and Scaling up, Business planning process; Drawing business plan; Business plan failures.
References:
Scarborough, N. M., Cornwall, J. R., & Zimmerer, T. (2016). Essentials of entrepreneurship and small business management. Boston: Pearson. [Chapter 2,3]
M.B. Shukla . Entrepreneurship and Small Business Management : Kitab Mahal Publishers [Chapter 11,12]
Hisrich, R.D., Manimala, M.J., Peters, M.P., Shepherd, D.A.: Entrepreneurship, Tata McGraw Hill [ Chapter 5]
Unit IV (3 weeks)
Resource Mobilization for entrepreneurship: what is resource, resources mobilization, types of resources, Process of resource mobilization, Arrangement of funds; Writing a Funding Proposal, Traditional sources of financing, Venture capital, Angels, Business Incubators. Harvesting and Exit Strategies.
References:
Scarborough, N. M., Cornwall, J. R., & Zimmerer, T. (2016). Essentials of entrepreneurship and small business management. Boston: Pearson. [Chapter 7,11,13,14,16]
M.B. Shukla . Entrepreneurship and Small Business Management : Kitab Mahal Publishers [Chapter 45]
Hisrich, R.D., Manimala, M.J., Peters, M.P., Shepherd, D.A.: Entrepreneurship, Tata McGraw Hill [Chapter 11,12]
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