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2024/2025  BA-BPROO2082U  Sustainable Entrepreneurship

English Title
Sustainable Entrepreneurship

Course information

Language English
Course ECTS 15 ECTS
Type Mandatory
Level Bachelor
Duration One Semester
Start time of the course Spring
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for Bachelor of Science (BSc) in Business Administration and Project Management
Course coordinator
  • Kai Hockerts - Department of Management, Society and Communication (MSC)
Main academic disciplines
  • CSR and sustainability
  • Entrepreneurship
Teaching methods
  • Face-to-face teaching
Last updated on 13-09-2024

Relevant links

Learning objectives
At the end of the course you should be able to reflect critically on the sustainable business model your group will develop in this course. In particular, you will be required to:
  • Explain and understand the different meanings of sustainable development, corporate sustainability, sustainable intra- and entrepreneurship in the context of a sustainable business model project.
  • Operationalize a definition of sustainable entrepreneurship in an applied research project. Differentiate between sustainable enterprise and sustainable innovation mode and argue for selecting one mode as the basis for your group’s project.
  • Use systematic research design, logical research design and triangulation in your sustainable business model research project.
  • Conduct extensive field research for your sustainable business model using interviews, participant observation, and archival research. Understand the different benefits and drawbacks of interviewing, participant observation, and archival research for problem definition including tools such as empathy mapping or POV Statements.
  • Describe the factors driving group work behavior and its performance outcomes in sustainable entrepreneurship and apply these to your group’s project experiences.
  • Contrast the hybrid strategies used to identify sustainable business opportunities and formulate a strategy for how your group generates complementarities.
  • Discuss different forms of impact investing and argue which are most appropriate for your sustainable business model.
  • Contrast different ways in which your sustainable business model can be scaled up or replicated and determine the most appropriate choice.
  • Evaluate the applicability of sustainable impact assessment tools and evaluate how their use affects the performance of your sustainable business model.
  • Reflect on the successes and failures in your own project work and suggest ways to improve on failures and build on success in future basic and applied research projects concerning sustainability.
Prerequisites for registering for the exam (activities during the teaching period)
Number of compulsory activities which must be approved (see section 13 of the Programme Regulations): 1
Compulsory home assignments
The mandatory assignment is the online completion of a seizmic business model (app.seizmic.eu) related to course topics completed in groups.

If the mandatory assignment is not approved, the student has the possibility to submit a new assignment with a similar scope, before the ordinary exam.

However, it is a precondition that the student has made a legitimate attempt when the assignment was set for the first time unless it can be documented that the lack of submission/participation was caused by illness or similar circumstances.
Examination
Bæredygtig entreprenørskab:
Exam ECTS 15
Examination form Oral exam based on written product

In order to participate in the oral exam, the written product must be handed in before the oral exam; by the set deadline. The grade is based on an overall assessment of the written product and the individual oral performance, see also the rules about examination forms in the programme regulations.
Individual or group exam Individual oral exam based on written group product
Number of people in the group 4-5
Size of written product Max. 20 pages
If 4-5 students: max. 20 pages

In special cases where an exemption for group size is granted, it applies that a group of 3 students has max 15 pages.
Assignment type Project
Release of assignment Subject chosen by students themselves, see guidelines if any
Duration
Written product to be submitted on specified date and time.
20 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Grading scale 7-point grading scale
Examiner(s) Internal examiner and external examiner
Exam period Summer
Make-up exam/re-exam
Same examination form as the ordinary exam
If the student participated in the preparation of the written project report for the ordinary exam, but was ill during the oral exam, the retake exam will be completed based on a resubmission of the original written project report.

If the student has not participated in the preparation of the written project report due to illness or another reason, the student must prepare a written project report, max. 10 pages, and participate in the retake examination based on this project report.

If the student participated in the preparation of the written project report, but did not pass the oral exam, this is normally completed based on a resubmission of the original written project report. However, the student can choose to submit a new individual project report, of a maximum of 10 pages.
Course content, structure and pedagogical approach

Sustainable entrepreneurship describes the discovery and exploitation of opportunities to create business models which address humanity’s social and environmental challenges. Sustainable entrepreneurship generates disequilibria in market and non-market environments, by finding ways of turning environmental and societal problems into complementary assets. The course will develop capabilities in sustainable opportunity identification as well as sustainable enterprise modeling. At this point in history, particularly due to anthropogenic climate change, there is broad consensus that humans in aggregate need to use fewer resources, consume less, and set humanity on a sustainable relationship with the earth. Generally, when we ponder these sorts of changes to human existence, we think in terms of sustainability. 

 

Sustainable entrepreneurship will give you the opportunity to both define sustainability and design a business model for an organization or a startup to implement your idea of sustainability. 

 

The course Sustainable Entrepreneurship will be divided into three sections. In the first section, students will learn basic research design and design thinking as it relates to sustainability and then craft independent research projects which result in a robust and rigorous problem definition. In the middle section of the course, students will undertake group independent research on the topic of their choosing in order to develop a business model addressing the issue selected. In the final section of the course, students will analyze their research data and then design and present their sustainability solution. 

 

Sustainable entrepreneurship will be highly interactive and assignment based. Students will have the opportunity to try out and workshop everything they learn in the class. Most of the course's time will be spent in this sort of applied learning. Given that, attendance, diligent coursework, and participation are all essential parts of learning in Sustainable Entrepreneurship. 

 

The course is taught and examined in English. 

Description of the teaching methods
Teaching will be a combination of lecture, discussion, workshop, and laboratory methods.
Feedback during the teaching period
Feedback will be constant in the course, as every class meeting will contain workshop elements. Also, students will have the opportunity to receive feedback on their midterm assignment.
Student workload
Contact Hours (lectures) 60 hours
Group-based research project resulting in a sustainable business model (field research and work via app-seizmic.eu) 120 hours
Class preparation (assigned readings in the syllabus) 149 hours
Examination Hours 80 hours
Expected literature


Schifeling, Todd, and Sara Soderstrom. "Advancing reform: Embedded activism to develop climate solutions." Academy of Management Journal 65.6 (2022): 1775-1803

 

Dyllick, Thomas, and Kai Hockerts. "Beyond the business case for corporate sustainability." Business strategy and the environment 11.2 (2002): 130-141.

 

Vedula, et al. 2022. "Entrepreneurship for the public good: a review, critique, and path forward for social and environmental entrepreneurship research." Academy of Management Annals 16(1): 391-425.

 

Hockerts, Kai, and Rolf Wüstenhagen. "Greening Goliaths versus emerging Davids—Theorizing about the role of incumbents and new entrants in sustainable entrepreneurship." Journal of business venturing 25.5 (2010): 481-492.

 

Bansal, P., & Song, H. C. (2017). Similar but not the same: Differ­entiating corporate sustainability from corporate responsibility. Academy of Management Annals, 11(1), 105–149.


Rawhouser, Hans, Michael Cummings, and Scott L. Newbert. "Social impact measurement: Current approaches and future directions for social entrepreneurship research." Entrepreneurship theory and practice 43.1 (2019): 82-115.

 

Hockerts K. 2015.”How Hybrid Organizations Turn Antagonistic Assets into Complementarities,” California Management Review, 57(3): 83-106, 2015.

 

Klofsten, M., Kanda, W., Bienkowska, D., Bocken, N., Mian, S., & Lamine, W. (2024). Start-ups within entrepreneurial ecosystems: Transition towards circular economy. International Small Business Journal, 02662426241227520.

 

Kannampuzha, Merie, and Kai Hockerts. 2019. "Organizational social entrepreneurship: scale development and validation.” Social Enterprise Journal, Vol 15(3): 290-319.  

 

Choi, Nia, and Satyajit Majumdar. 2014. "Social entrepreneurship as an essentially contested concept: Opening a new avenue for systematic future research." Journal of Business Venturing 29(3): 363-376.

 

Last updated on 13-09-2024