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2010/2011  KAN-CBL_ENDE  Entrepreneurship for Development

English Title
Entrepreneurship for Development

Course Information

Language English
Point 7,5 ECTS (225 SAT)
Type Elective
Level Full Degree Master
Duration One Semester
Course Period Autumn
Pending schedule: Tues.:9.50-12.25, week: 36-41, 44-47
Time Table Please see course schedule at e-Campus
Study Board
Study Board for BSc og MSc in Business, Language and Culture, BSc
Course Coordinator
Thilde Langevang - tl.ikl@cbs.dkSecretary Birgitte Hertz - bhe.stu@cbs.dk
Main Category of the Course
  • Globalization, International Business, markets and studies
  • Innovation and entrepreneurship

Taught under Open University-Taught under open university.
Last updated on 29 maj 2012
Learning Objectives
The course’s development of personal competences:
The course will enable students to critically analyze, discuss and present various issues in relation to entrepreneurship. Moreover the course will enhance the students’ ability to move from theoretical knowledge of entrepreneurship in a development context to practical action.

 Explain key concepts in the entrepreneurship and development debate covered in the course readings
 Understand the role of the institutional environment for entrepreneurship opportunities, strategies and activities
 Analyse the constraints and opportunities facing entrepreneurs in developing countries
 Identify different approaches to entrepreneurship promotion and critically examine their strengths and weaknesses
 Apply relevant theoretical frameworks and concepts to concrete cases of entrepreneurship
Relevant Bachelor degree (e.g. Economics, Business Administration, Sociology, Development Studies).
Written Essay, Max 10 pages.
Exam Period December/January
An essay of maximum 10 pages, which must be based on the course literature, and is graded by the course coordinator and an internal censor according to the 7-point scale.
Prerequisites for Attending the Exam
Course Content

The course ‘Entrepreneurship for Development’ will explore who the entrepreneurs in developing countries are (their gender, age, culture, psychological traits, social networks etc.) and will direct attention to the conditions of entrepreneurship in the institutional environment. This will include discussions of the difference between ‘opportunity’ and ‘necessity’ entrepreneurship and the implications for growth and development. The course will critically examine the aim and effectiveness of different approaches to entrepreneurship promotion such as micro-finance, social networks, business incubation and entrepreneurship education and will examine the particular opportunities and challenges facing specific groups of entrepreneurs such as women and youth.

Teaching Methods
The teaching will comprise lectures, case discussions and resource person presentations (e.g. entrepreneurs and representatives from organisations that support entrepreneurs). First, students will be introduced to theoretical perspectives on entrepreneurship. Second, students will examine different themes related to entrepreneurship and analyse different entrepreneurship cases and concrete initiatives aimed at promoting entrepreneurship in developing countries. Third, students will hear presentations of real life experiences with entrepreneurship in developing countries. Finally, students will identify and analyse a business opportunity and formulate a concept for a venture in a developing country.

A compendium including all obligatory texts will be available from Academic Books.

Akcomak, S.I. (2009): Incubators as tools for entrepreneurship promotion in developing countries, UNU-WIDER Research Paper No. 2009/52. http://www.wider.unu.edu/publications/working-papers/research-papers/2009/en_GB/rp2009-52/. 1-36.

Amine, L.S. and Staub, K.M. (2009): Women entrepreneurs in sub-Saharan Africa: an institutional theory analysis from a social marketing point of view, Entrepreneurship and Regional Development, 21 (2):183-211.

Bosma, N. and Levie, J. (2010): Global Entrepreneurship Monitor, 2009 Executive Report. GEM. 1-59 (59).

Bruton, G.D., Ahlstrom, D. And Obloj, K. (2008): Entrepreneurship in emerging economies: where are we today and where should the research go in the future, Entrepreneurship Theory and Practice 32 (1): 1-14.

Chigunta, F., Schnurr, James-Wilson, D. and Torres, V. (2005) Being “real” about youth entrepreneurship in eastern and southern Africa, SEED Working Paper No. 72. Geneva: ILO. 1-77 (77).

Green, C.J., Kirkpatrick, C.H. and Murinde, V. (2006): Finance for small enterprise growth and poverty reduction in developing countries, Journal of International Development 18: 1017-1030 (13).

Kuada, J. (2009): Gender, social networks, and entrepreneurship in Ghana, Journal of African Business, 10:85-103.

Mair, J. And Marti, I. (2006): Social entrepreneurship research: a source of explanation, prediction and delight, Journal of World Business 41: 36-44.

Mair, J. and Schoen, O. (2006):Successful social entrepreneurial business models in the context of developing economies: An explorative study, International Journal of Emerging Markets 2 (1): 54-68.

McDade, B.E. and Spring, A. (2005): The ‘new generation of African entrepreneurs’: networking to change the climate for business and private sector-led development, Entrepreneurship and Regional Development 17 (1): 17-42.

Minniti, M. And Naude, W. (2010): What do we know about the patterns and determinants of female entrepreneurship across countries? European Journal of Development Research, 22 (3): 277-293.

Mwasalwiba, E. S. (2010): Entrepreneurship education: a review of its objectives, teaching methods, and impact indicators, Education +Training, 52(1): 20-47.

Naudé, W. (2011): Entrepreneurship is not a binding constraint on growth and development in the poorest countries, World Development 39 (1): 33-44.

Naudé, W. (2008): Entrepreneurship in economic development, UNU-WIDER Research Paper no. 2008/20 United Nations University – World Institute for Development Economics Research (UNU-WIDER). 1-44.

Puffer, S.M., McCarthy, D.J. and Boisot, M. (2009): Entrepreneurship in Russia and China: the impact of formal institutional voids, Entrepreneurship Theory and Practice 34(3): 441-467.

Sanders, T. and Wegener, C. (2006): Meso-finance: filling the financial service gap for small businesses in developing countries. NCDO Position Paper, September 2006. 1-26.

Shane, S. And Venkataraman, S. (2000): The promise of entrepreneurship as a field of research, Academy of Management Review, 25 (1): 217-226.

Spring, A. (2009): African women in the entrepreneurial landscape: reconsidering the formal and informal sectors, Journal of African Business 10: 11-30.

Turner, S. and Nguyen, P.A. (2005): Young entrepreneurs, social capital and Doi Moi in Hanoi, Vietnam, Urban Studies, 42 (10): 1693-1710.

West, G.P. , Bamford, C.E. and Marsden, J.W. (2008): Contrasting entrepreneurial economic development in emerging Latin American economies: applications and extensions of resource-based theory, Entrepreneurship Theory and Practice 32 (1): 15-36.