• Identify and describe historical and emerging challenges in the maritime sector
• Correctly apply entrepreneurship theory and skills to varied scenarios based on the required readings and class activities
• Explain the strengths and weaknesses of the entrepreneurship theories under examination
• Analyze big challenges by isolating relevant information, identifying the relationship between that information and the problem, and analyzing the impact of potential solutions in accordance with the case study method
• Describe how economic, environmental, and institutional settings impact entrepreneurial thinking and solutions

The course Entrepreneurship Theory and Concepts: The Maritime Ecosystem explores the role of entrepreneurial ventures and entrepreneurial thinking in the maritime sector. It introduces state-of-the-art entrepreneurship concepts, including, multiple value-approaches to entrepreneurship, the lean startup, and effectuation theory, and applies them to dilemmas and opportunities in the maritime industry. The course examines international shipping as a business ecosystem and an innovation ecosystem in which the maritime community and all actors within that community shape a firm’s ability to adapt to its environment and innovate. We focus specifically on business models related to the Danish, European, and international maritime economy and the values of sustainable entrepreneurship. Students will explore how entrepreneurial thinking can provide new ways to tackle born-global challenges, leverage ecosystems, and create a sustainable future. The course follows the entrepreneurial process from idea generation to the development and exploitation of entrepreneurial opportunities to growth strategies and eventually exits.

Short 3 weeks course that cannot be combined with any other course.

Preliminary Assignment: The course coordinator uploads Preliminary Assignment on Canvas at the end of May. It is expected that students participate as it will be included in the final exam, but the assignment is without independent assessment&grading.

Course and exam timetable is/will be available on https://www.cbs.dk/en/study/international-summer-university/courses-and-exams

We reserve the right to cancel the course if we do not get enough applications. This will be communicated on https://www.cbs.dk/en/study/international-summer-university/courses-and-exams in start March.

• HBSP coursepack: Students will be able to acquire the required cases from the Harvard Business School site through the link shared during class/posted on Canvas. 
• Bagley, C. E., & Dauchy, C. E. (2017). The Entrepreneur’s Guide to Law and Strategy (5th edition). Cengage Learning. 
• Benton, L. A. (2010). “Sovereignty at Sea: Jurisdiction, Piracy, and the Origins of Ocean Regionalism.” In A Search for Sovereignty: Law and Geography in European Empires, 1400—1900 (pp. 104-152). Cambridge, UK: Cambridge University Press. 
• Blank, S. (2013). Why the Lean Start-Up Changes Everything. Harvard Business Review. 
• Dushnitsky, G., & Matusik, S. (2019).  A Fresh Look at Patterns and Assumptions in the Field of Entrepreneurship: What Can We Learn?. Strategic Entrepreneurship Journal 13(4), 437-47. 
• Ekberg, E., Lange, E., & Nybø, A. (2015). Maritime entrepreneurs and policy-makers: A historical approach to contemporary economic globalization. Journal of Global History, 10(1), 171–193. 
• Harlaftis, G. (2014). The Onassis Global Shipping Business, 1920s–1950s. Business History Review, 88(2), 241–271. 
• Ihrig, M. & Macmillan, I. C.  (2017). How to Get Ecosystem Buy-In. Harvard Business Review 95(2), 102-07. 
• Knight, G., Cavusgil, S. (2004). Innovation, Organizational Capabilities, and the Born-Global Firm. Journal of International Business Studies 35, 124–141. 
• Parker, G. G., Van Alstyne, M. W., & Choudary, S. P. (2016). “Launch: Chicken or Egg? Eight Ways to Launch a Successful Platform.” In Platform Revolution: How Networked Markets are Transforming the Economy and How to Make them Work for You (pp. 79-105). New York: Norton. 
• Sarasvathy, S., Kumar, K., York, J. G. & Bhagavatula, S. (2014). An Effectual Approach to International Entrepreneurship: Overlaps, Challenges, and Provocative Possibilities. Entrepreneurship Theory and Practice 38(1) 71-93. 
• Schumpeter, J. A. (1976 [1943]). Capitalism, Socialism and Democracy. 5 ed. London: George Allen & Unwin Ltd.,. 
• Slaper, T. F. and Hall, T. J. (2011). "The Triple Bottom Line: What Is It and How Does It Work?" Indiana Business Review 86(1), 4-8. 
• Svendsen, A. S. (1981). The role of the entrepreneur in the shipping industry. Maritime Policy & Management, 8(3), 137–140.