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2018/2019  KAN-CCMVV3056U  Entrepreneurship and Fundamentals of New Venture Creation

English Title
Entrepreneurship and Fundamentals of New Venture Creation

Course information

Language English
Course ECTS 7.5 ECTS
Type Elective
Level Full Degree Master
Duration One Quarter
Start time of the course First Quarter
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for MSc in Economics and Business Administration
Course coordinator
  • Jing Chen - Department of Strategy and Innovation (SI)
Kontaktinformation: https:/​/​e-campus.dk/​studium/​kontakt eller Contact information: https:/​/​e-campus.dk/​studium/​kontakt
Main academic disciplines
  • Innovation
Teaching methods
  • Face-to-face teaching
Last updated on 07-02-2018

Relevant links

Learning objectives
After completing the course, students are expected to achieve the following goals:
  • Understand fundamental concepts and framework of new venture creation and entrepreneurial strategy
  • Apply concepts and frameworks learned in class towards the analysis of the following aspects of new venture creation, including:
  • - Identify the sources of opportunities
  • - Choose between different markets, technologies and business models
  • - Formulate competitive strategies
  • - Evaluate the financial attractiveness of a business opportunity and different deal structures
  • - Form and manage diverse teams
  • - Formulate strategies to commercialize new technologies, whether to compete or cooperate with incumbents, and how to protect ideas in competitive markets
Course prerequisites
Basic knowledge of microeconomics and statistics
Entrepreneurship and Fundamentals of New Venture Creation:
Exam ECTS 7,5
Examination form Written sit-in exam on CBS' computers
Individual or group exam Individual exam
Assignment type Written assignment
Duration 4 hours
Grading scale 7-step scale
Examiner(s) One internal examiner
Exam period Autumn
Aids Limited aids, see the list below:
The student is allowed to bring
  • USB key for uploading of notes, books and compendiums in a non-executable format (no applications, application fragments, IT tools etc.)
  • Books (including translation dictionaries), compendiums and notes in paper format
The student will have access to
  • Access to CBSLearn
  • Access to the personal drive (S-drive) on CBS´ network
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

The exam will consist of 3 or 4 essay questions. Students must answer all the questions.

Course content and structure

This course explores the fundamental concepts, analyses and strategies needed to found an entrepreneurial venture. Its emphasis is the acquisition and application of the analytical framework, principles and strategies critical for new venture creation. Thus, this course offers a special focus on strategic analysis and formulation. The course is taught in a theory-case combined manner. It mainly relies on classic and recent entrepreneurship research, combined with real-life evidence provided by cases. Class sessions consist of lectures and case discussions. The lectures provide theoretical frameworks for thinking about specific topics based on assigned reading materials. The case sessions offer an opportunity to apply theories to the analysis of a specific business situation for the selected topic. This course will be most valuable (and enjoyable) if all students are engaged and participating in a productive manner.

This course is suitable for students interested in founding or working in start-ups, as well as in related careers in consulting and venture investing. The materials covered are intended to be accessible and comprehensible to all master students across different programs at CBS. 

Description of the teaching methods
Lectures, case discussion
Feedback during the teaching period
The students will receive feedback during office hours during the semester. They will also receive feedback on the final exam after receiving their grade.
Student workload
Teaching 82 hours
Preparation 62 hours
Exam 62 hours
Last updated on 07-02-2018