• Demonstrate clear, accurate and comprephensive understanding of the theories for topics covered in the course, and the ability to critically assess the strength and weakness of the theories.
• Display the ability to apply theories to interpreting empirical evidence.
• Articulate the relevance of the theories and their strategic implications for business practice.
• Display the ability to apply theories to the analysis of business situations and the evaluation of possible solutions.
• Demonstrate the ability to make recommendations for firms based on arguments that are sensible, logical and coherent arguments.

This course aims to provide students with a set of economics and organizational principles that govern the process of new business creation. The first part of the course provides a general coverage of various aspects of entrepreneurship, including entrepreneurship as a career choice, discovery of opportunities, team formation, business development and strategy, performance and exit.  The second part of the course places a special emphasis on entrepreneurial financing. The goal is to help students understand financing decisions in entrepreneurial settings. The topics included in this part of the courses delve into issues such as financing sources, the incentives of each type investor, the relative costs and benefits of each source of funding, and the connections between funding sources and entrepreneurs’ financing strategy. For certain topics, guests from the industry of design, arts or architecture will be invited to give lectures.

This course will tentatively be organized around the following topics:

•Entrepreneurship as a career: the determinants of entrepreneurial entry
•Business opportunity assessment
•Writing a business plan
•Business development and strategy
•Team formation
•Entrepreneurial survival and performance
•Entrepreneurship in Design & Architects
•Entrepreneurial finance