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MSIN7017: GLOBAL ENTREPRENEURSHIP
Core Module Information:
None; excluded combination with MSIN7007A/ MSIN7007B & MSIN7008
Priority given to BASc Students only; 2nd year IMB subject to places
2-hour lecture (x 10 weeks) and 1-hour seminar (x 9 weeks)
40% individual essay; 10% class contribution; 50% group assignment
This course provides an introduction to the role of entrepreneurial individuals and organisations in shaping market economies worldwide and, more broadly, the direction and rate of social change. It considers the economic and social role of entrepreneurs, their interactions with institutions, how entrepreneurial opportunities arise and are identified, the nature of social enterprise and the “hybrid” organisation, and strategies for assessing the potential of new business concepts and thus improving the likelihood of the success of a high-impact venture. The course introduces frameworks to assess and to mitigate key risks to new ventures including those relating to personnel, markets and technologies.
The course will draw on a broad range of case studies of new ventures to illustrate the challenges of creating high potential enterprises in different socio-economic contexts.
By the end of the course students should:
- Understand what is known about who entrepreneurs are and how they behave
- Understand what factors make for effective entrepreneurial founding teams
- Understand the economic basis of entrepreneurship in society and the importance of failure to entrepreneurs and society
- Understand how purpose and shared meaning guide entrepreneurial action and support the emergence and success of entrepreneurial ventures
- Understand how cycles and dynamics influence entrepreneurial action
- Understand international contexts for entrepreneurship
- Understand variations among industries in the rate of entrepreneurial activity and types of entrepreneurial activity in different industries
- Understand how entrepreneurs discover and shape opportunities
- Understand business models and be able to construct an entrepreneurial business model
- Understand models of growth for entrepreneurial ventures
40% individual essay; 10% class contribution; 50% group assignment.
Mullins, J. and Komisar, R. (2009). Getting to Plan B.
Kawasaki, G. (2004). The Art of the Start.
Bhide, A. (2009). The Venturesome Economy.