Entrepreneurship (PD)

Goals

The class is an introduction to entrepreneurship, through experiential learning. The key course objective is to familiarize the student with the entrepreneurial process of identifying, developing, testing, and refining new venture ideas under conditions of uncertainty as well as with the issues involved in managing a new venture:
- Overview of basic concepts and facts connected to entrepreneurship.
- Understanding entrepreneurs and the activities they perform.
- Understanding and performing the process of developing and testing a new venture idea: Identifying and developing entrepreneurial opportunities. Analyzing business opportunities. Use of methodology for developing solutions, market analysis and business model development. Exploring the issues of funding of new venture, building the entrepreneurial team and of financial planning.
- Through group project students also develop teamworking skills.

Syllabus

- The Entrepreneurial perspective: The nature and importance of entrepreneurs and entrepreneurship.
- Business ideas and product development approaches.
- Understanding your customer.
- Product validation; prototyping.
- Market, industry and competition.
- Business models. Lean canvas.
- Assessing a new venture’s financial strength and viability.
- Funding of new and young ventures, investors, entrepreneurial growth and harvesting.
- What makes an entrepreneur.

Contacts

Patricia Kotnik

Office hours

Thursday at 15:00

Office: P307*

Business portrait of Patricia Kotnik in the green atrium of the School of Economics and Business on a sunny day in June 2024