BMGT43480 Economics of Entrepreneurship

Academic Year 2019/2020

The module focuses on theory building and empirical testing of the factors shaping the identification, evaluation, and development of opportunities. The aim of module is to provide you with an advanced understanding of the individual-opportunity nexus framework that explains the different parts of the field of entrepreneurship – the opportunities, the people who pursue them, the skills and strategies used to organise and develop opportunities, and the environmental conditions favourable to them. Students will be exposed to a synthesis of the body of thought on entrepreneurship through lectures, assigned readings, as well as case illustrations.

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Curricular information is subject to change

Learning Outcomes:

On completion of this module students should be able to:
1. Demonstrate an advanced understanding of the field of innovation-based entrepreneurship in the context of frameworks that draw together the disparate strands of the field.
2. Apply theories to the rigorous identification, development and exploitation of new opportunities.
3. Understand how external, psychological and environmental forces influence the formation of new ventures.
4. Develop policies and programs for accelerating innovation driven entrepreneurship
and social progress in regions.
5. Communicate and present all ideas in a scholarly manner (i.e. through the use of academic writing conventions).

Indicative Module Content:

Historical evolution of the field of entrepreneurship
Sources and forms of opportunities
Entrepreneurial decision making and the price system
Discovery of opportunities
Venture opportunity screening
Valuation of opportunities
Industry differences and the decision to exploit
Investment considerations
University technology transfer
Regional entrepreneurial ecosystems

Student Effort Type Hours
Lectures

36

Specified Learning Activities

40

Autonomous Student Learning

160

Total

236

Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Not applicable to this module.  
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Assignment: Individual Project Throughout the Trimester n/a Graded No

20

Examination: End of Semester 2 hour End of Trimester Exam No Graded No

70

Presentation: Class Presentation (Individual) Throughout the Trimester n/a Graded No

10


Carry forward of passed components
Yes
 
Resit In Terminal Exam
Autumn Yes - 2 Hour
Feedback Strategy/Strategies

• Feedback individually to students, post-assessment

How will my Feedback be Delivered?

Student will be provided with feedback of their assignment post assessment.

Spring
     
Lecture Offering 1 Week(s) - 23, 33 Thurs 15:00 - 17:50
Lecture Offering 1 Week(s) - 20, 21, 22, 23, 24, 26, 29, 30, 31, 32 Wed 15:00 - 17:50
Spring
     

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