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2013/2014  KAN-CM_V41  Entrepreneurship and Fundamentals of New Venture Creation

English Title
Entrepreneurship and Fundamentals of New Venture Creation

Course information
Language English
Exam ECTS 7.5 ECTS
Type Elective
Level Full Degree Master
Duration One Quarter
Course period Autumn, First Quarter
Changes in course schedule may occur
Monday 14.25-16.05, week 36-42
Monday 14.25-17.00, week 43
Friday 08.00-09.40, week 36-43
Time Table Please see course schedule at e-Campus
Study board
Study Board for MSc in Economics and Business Administration
Course coordinator
  • Jing Chen - Department of Innovation and Organizational Economics (INO)
Main academic disciplines
  • Innovation and entrepreneurship
Last updated on 01-10-2013
Learning objectives
After completing the course, students are expected to achieve the following goals:
  • Acquire a basic understanding of entrepreneurship as an occupational choice
  • Articulate the fundamental components and challenges involved in the process of starting and managing a startup, including startup financing, startup innovation, and entrepreneurial management
  • Generalize this process to an entrepreneurial mindset of turning problems into opportunities that can be used in established companies and other settings
  • Develop knowledge necessary to apply an entrepreneurial mindset to their personal and professional lives
Course prerequisites
Basic knowledge of microeconomics and statistics
Examination
Written open textbook exam:
Examination form Written sit-in exam
Individual or group exam Individual
Assignment type Written assignment
Duration 4 hours
Grading scale 7-step scale
Examiner(s) One internal examiner
Exam period Autumn Term and October
Aids allowed to bring to the exam Limited aids, see the list below and the exam plan/guidelines for further information:
  • Books and compendia brought by the examinee
  • Notes brought by the examinee
  • Allowed calculators
  • Allowed dictionaries
Make-up exam/re-exam
Same examination form as the ordinary exam
If the number of registered candidates for the make-up examination/re-take examination warrants that it may most appropriately be held as an oral examination, the programme office will inform the students that the make-up examination/re-take examination will be held as an oral examination instead.
Description of the exam procedure
PC exam on CBS computers with print.
It is not allowed to bring your own PC and printer.
No access to the internet.
Access to LEARN and personal S:/drive.
Before the exam starts information can also be uploaded from a USB-key to PC, then the USB-Key should be put away during exam.


The exam is PC-based without access to internet. The exam will consist of 3 or 4 essay questions. Students must answer all the questions. Allowed exam aids include only course material (e.g. lecture notes, readings, and cases). The use of any outside analysis or unreferenced sources is not permitted.
Course content and structure
This course is designed for students who are interested in entrepreneurship (not necessarily becoming an entrepreneur), want to learn what it means to be an entrepreneur, and what is involved in the process of starting  and managing a new venture.

The course will be centered on the discussions of the following questions:

·         What determines entry into entrepreneurship?
·         Does entrepreneurship pay?
·         What does it take to be a committed entrepreneur?
·         How to select initial investors?
·         What are the innovation sources?
·         How to create an environment that fosters innovation and creativity?
·         How to increase the loyalty of employees who wish to seek an    entrepreneurial role?
·         How to recruit and retain the right people?
·         How to develop/maintain networks and why is it important for successful entrepreneurship?

This course is intended to be complementary to a more theory-oriented entrepreneurship course in the MIB program. Thus, it will be of particular interest to master students who are interested in entrepreneurship, management consulting, and corporate/entrepreneurial finance. The materials covered are intended to be accessible and comprehensible to all master students across different programs at CBS.

Class sessions will consist of lectures, case discussions and group presentations. In the first part of each class, I will provide a theoretical framework for thinking about today's topic, based on textbook chapters and reading materials. The second part of the class is designed for case discussions, starting with student group presentations. Student groups are expected to read and analyze the case in advance, draw insights from their analyses and frame in-class discussion. This course will be most valuable (and enjoyable) if all students are engaged and participating in a productive manner.
Teaching methods
lectures, case discussion and group presentations combined
Last updated on 01-10-2013