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2013/2014  KAN-CBL_ENDE  Entrepreneurship for Development

English Title
Entrepreneurship for Development

Course information

Language English
Exam ECTS 7.5 ECTS
Type Elective
Level Full Degree Master
Duration One Semester
Course period Autumn
Changes in course schedule may occur.
Friday 10.45-13.20, week 36-41,43-46.
Time Table Please see course schedule at e-Campus
Min. participants 40
Max. participants 70
Study board
Study Board for BSc og MSc in Business, Language and Culture, MSc
Course coordinator
  • Thilde Langevang - Department of Intercultural Communication and Management (ICM)
Secretary Birgitte Hertz - bhe.stu@cbs.dk ?
Main academic disciplines
  • Globalization, International Business, markets and studies
  • Innovation and entrepreneurship
Last updated on 15-03-2013
Learning objectives
By the end of the course the students should be able to:
  • 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 in developing countries
  • 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 in developing countries
Course prerequisites
Relevant Bachelor degree (e.g. Economics, Business Administration, Sociology, Development Studies).
Entrepreneurship for Development:
Examination form Home assignment - written product
Individual or group exam Individual
Size of written product Max. 15 pages
Assignment type Written assignment
Duration 2 weeks to prepare
Grading scale 7-step scale
Examiner(s) Internal examiner and second internal examiner
Exam period Winter Term
Make-up exam/re-exam
Same examination form as the ordinary exam
Course content and structure

The course ‘Entrepreneurship for Development’ focuses on key issues in the entrepreneurship, development, and poverty reduction debate. The course will explore the characteristics of entrepreneurs in developing countries (in Africa, Asia and Latin America) 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. Forth, students will identify and analyse a business opportunity and formulate a concept for a venture in a developing country.
Further Information
Expected literature

To be announced on Learn, but most likely:

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.

Bruton, G. D., Khavul, S., & Chavez, H. (2011). Microlending in emerging economies: Building a new line of inquiry from the ground up. Journal of International Business Studies 42: 718-739.

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.

Khavul, S. (2010): Microfinance: creating opportunities for the poor, Academy of management Perspectives, 57-71.

Mair, J. and Marti, I. (2009): Entrepreneurship in and around institutional voids: a case study from Bangladesh, Journal of Business Venturing 24: 419-435 (17).

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.

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.

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.

Last updated on 15-03-2013