Management Science and Innovation
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MSIN7007 A or B - Mastering Entrepreneurship Term 2
Course Leader: Dr Ludmila Striukova
Aims
This course will be of interest to those who are considering forming their own business or who envisage having a role promoting new initiatives within existing organisations. The aim of the course is to give an understanding of:
• the criteria for success of a new business (personal, market &
technical)
• business planning and securing the necessary resources
(including finance) for the new business.
The course will draw heavily for illustration and illumination on a range of case studies mostly from high-technology ventures. They best illustrate the challenges of creating high potential enterprises.
Objectives
By the end of the course students should:
• have a clearer
view of how to judge the potential of a high-potential business concept
•
understand the difference between a true opportunity and just another
idea
• recognise the effort and dedication needed to make a business
succeed
• be aware of the different marketing challenges faced by
‘breakthrough’ products and ‘me-too’ products
• recognise the importance
of direct experience in an industry and of reputation and existing relationships
with others in the industry
• have an understanding of the various
sources of finance (conventional and unconventional) and to know how to make a
case to financial investors

