Syllabus academic year 2011/2012
(Created 2011-09-01.)
ENTREPRENEURSHIP IN NEW AND ESTABLISHED VENTURESINNN05
Credits: 7,5. Grading scale: TH. Cycle: A (Second Cycle). Main field: Technology. Language of instruction: The course will be given in English. Optional for: I4ai, I4. Course coordinator: Jonas Gabrielsson, Jonas.Gabrielsson@circle.lu.se, CIRCLE. Prerequisites: MIO012/MIOA01 Managerial Economics and MIO022 Strategic management. Assessment: Assessment takes place through a written exam (70% of final grade) and group exercises (30% of final grade). Participation in group exercises is mandatory. If a student cannot attend all group exercises, a supplementary assignment may be required. Parts: 2. Home page: http://www.circle.lu.se.

Aim
The aim of this course is to introduce the students to entrepreneurial start-up processes and business driven processes in new and established firms. Such processes include idea recognition, development of business models for new or established markets, attracting resources and carrying out a business processes. The course will also focus on similarities and differences between business development in new and established organizations.

Knowledge and understanding
For a passing grade the student must

have an understanding of and be able to discuss:

Skills and abilities
For a passing grade the student must

Judgement and approach
For a passing grade the student must

Contents
New business processes are taking place within as well as outside established firms. Entrepreneurship is important for new business processes, no matter where they take place. The course will discuss entrepreneurship as a phenomenon in society, from the perspective of the established business, as well as from the perspective of the new venture. Issues being discussed are: Who is the entrepreneur; Differences and similarities between entrepreneurship in new and established ventures; How entrepreneurial processes, in new and established ventures can support each other; How established ventures can make use of entrepreneurship as a resource in their business processes.

An important part of the course is evaluation of business ideas, resource analysis and options for resource creation.

Literature
Baron, R.A. & Shane, S.A. (2008) Entrepreneurship: A process perspective, 2nd edition, Thomson South Western
Articles

Parts

Code: 0111. Name: Written Examination.
Higher education credits: 5. Grading scale: TH. Assessment: 5: awarded if you have clearly met all the objective, displaying deep knowledge of the base content, original and creative thinking, perhaps going beyond the established practice; 4: awarded when all objectives have been met very well and effectively; 3: awarded when the objectives have been addressed satisfactorily, or where the evidence is strong for some objectives, weaker but acceptable in others; F-FAIL: less than C, work plagiarised, not submitted. Further information: A re-examination possibility will only be offered to students that have not received a passing grade.

Code: 0211. Name: Group Exercises.
Higher education credits: 2,5. Grading scale: TH. Assessment: 5: awarded if you have clearly met all the objective, displaying deep knowledge of the base content, original and creative thinking, perhaps going beyond the established practice; 4: awarded when all objectives have been met very well and effectively; 3: awarded when the objectives have been addressed satisfactorily, or where the evidence is strong for some objectives, weaker but acceptable in others. Further information: A re-examination possibility will only be offered to students that have not received a passing grade.