• List how entrepreneurship contribute and integrate itself into the economic scene in which it operates
• Identify mechanisms that may influence the establishment of new ventures
• Develop a thorough understanding of the entrepreneurial process and its components
• Actively discuss how entrepreneurship is defined by drawing on identification, development, and evaluation of business opportunities
• List the contextual circumstances under which entrepreneurship flourish
• Disentangle the entrepreneurial process and account for how various steps interact
• In detail account for the elements of each of the entrepreneurial process and how small business differs to that of larger corporations
• Compare and contrast different theoretical approaches to entrepreneurship
• Understand what factors impact start ups growth
• Understand what factors lead to the successful establishment of a new venture

Aim of the course
Entrepreneurship is one of the most consequential divers and activities in any given society. It contributes with plentiful in shaping the structure, size, dynamics and workings of an economy. This course aims at illustrating how entrepreneurship impacts an economy and disentangle the mechanisms through which entrepreneurship has an impact. By doing so, the course work towards furnishing students with an understanding of entrepreneurship in general and conveying an appreciation of the elements that defines entrepreneurship and therefore are pre-requisites for entrepreneurial venturing. The course aspires to unravel the different maneuvers that an entrepreneur undertakes when venturing a new organization. This is achieved by organizing the entrepreneurial process into formalized steps of conduct. By doing so, the course also acts as an overall umbrella that ties the different courses of the entire program
together. 

Content
The course considers how macro and meso economic environments interact with entrepreneurial venturing and entrepreneurial tendencies. It entails literature and case based learning. The course scrutinizes how entrepreneurial firms emerge and how they are established. It covers details on the strategic considerations given the liabilities of being a newly established organization. It relates contextual settings to resource limitations and resource considerations. And it seeks to convey an understanding of some of the steps of setting up a new firm. The content of this course is further supported with guest speakers.

Progression
This course is thought of as a foundation for the remaining courses in entrepreneurship by bestowing definitions and an understanding of the entire entrepreneurial process.

Core reading:

• Storey, D. J. and Greene, F. J. "Small Business and Entrepreneurship." JFT Prentice Hall (2010)

Additional literature:

• Baumol, WJ. (1990) "Entrepreneurship: Productive, unproductive, and destructive." Journal of political economy : 893-921.
• Shane, Scott, and Sankaran Venkataraman. (2000) “The promise of entrepreneurship as a field of research." Academy of Management Review 25, no. 1: 217-226.
• Wasserman and Alexander (2013). " Apple’s Core ". Harvard Business School  Case # 814059.
• Roberts and Barley (2004) “How venture capitalists evaluate potential venture opportunities” Harvard Business School  Case # 805019.