ELE 3733 Starting a venture

APPLIES TO ACADEMIC YEAR 2015/2016
Norwegian version

ELE 3733 Starting a venture


Responsible for the course
Tor Haugnes

Department
Department of Innovation and Economic Organisation

Term
According to study plan

ECTS Credits
7,5

Language of instruction
Norwegian

Introduction
This course will deal with how new ventures are organized to do what the business concept describes. The course is based on resource- and network theory as an analytical framework. A review will be given of how to organize the functions of a new venture to solve the company's tasks. The management structure of the enterprise, as well as functions related to product/service-design, sales and marketing, and financing will be emphasized. Furthermore, the students will gain knowledge about network organization and alliances. The students will start, run, and if so chosen, wind up, their own companies during the course, either in the form of 'student companies' or regular companies.

Learning outcome
Acquired Knowledge
During the course, the student should acquire general knowledge about:

  • entrepreneurship theory
  • the steps from business idea to operations
  • governance of a company
  • networking

Acquired Skills
  • ability to operationalize a business plan
  • experience with collaboration to reach a company's goals
  • design, manage and reflect on the process of organizing a company

Reflection
The student should achieve capacity for critical and creative reflection on ethical and economic consequences related to the way firms and industries are organized, and how they may be organized differently to strengthen their contribution to different stakeholders. Further the student should develop a capacity for critical reflection on how to allow for environmental, personal, and other interests in the organizing of new ventures.

Prerequisites
Knowledge of business plans is an advantage, but is not required

Compulsory reading
Books:
Read, Stuart ... [et al.]. 2011. Effectual entrepreneurship. Routledge

Recommended reading
Books:
Osterwalder, Alexander and Yves Pigneur. 2010. Business model generation : a handbook for visionaries, game changers, and challengers. Wiley. bok og app. Mer informasjon: www.businessmodelgeneration.com

Course outline
  • The start-up process
  • The entrepreneur
  • Entrepreneurship theory
  • Company organization and governance
  • Networks and alliances
  • Business plan and pitching

Computer-based tools
No special data tools

Learning process and workload
The course is based on seminars and classroom lectures. Active participation is expected. The students must participate in a business start-up, either through a Student company-format of Ungt Entreprenørskap, UE, (Junior Achievement - Young Enterprise Norway) or a company in which the student has active ownership.There will be a possibility to qualify for participation in the national student enterprise arranged by UE.

The evaluation form of the course is through an individual electronic portfolio, which shows progress and reflection throughout the semester.

The portfolio mus consist of the following submissions:
  • business plan
  • essay on business creation / learning of their business establishment (5-8 pages)
  • written confirmation from the establishment of student company, or self-establshed business
  • written confirmation of termination, or continuation on its own.

In addition to the portfolio students will be evaluated on two oral presentations (pitcher) during the semester.

Recommended use of hours:
Activities
Use of hours
Lectures and seminars
36
Work on course literature/written assignments
82
Work on own enterprise
82
Total recommended use of hours
200



    Examination
    Final grade for the course is determined on the basis of a process in which the following items are included:

    Part 1 - Folder, accounts for 70% of the grade
    The portfolio is built up electronically during the semester. For the specification of content in the folder, see the section Learning process and workload. Accurate timing of portfolio assignments will be announced at course start. The works in the electronic folder on It's Learning must be printed in 3 copies and handed in for assessment of each student.

    Part 2 - Oral presentations (2), accounts for 30% of the grade.

    Both parts must be passed to achieve the final grade.
    Examination code(s)
    ELE 37331 - Process evaluation, ccounts for 100% of the final grade in the course ELE 3733 Startring a new venture 7.5 ECTS

    Examination support materials
    All support materials are allowed.
    Examination support materials at written examiniations are explained under examination information in the student portal @BI. Please note use of calculator and dictionary. https://at.bi.no/EN/Pages/Exa_Hjelpemidler-til-eksamen.aspx

    Re-sit examination
    A re-sit exam is held in connection with the next ordinary examination in the course. For a re-sit exam, all components of the exam have to be taken in their entirety.

    Additional information

    Semester

    Oversettelser