ENT 3400 Introduction to entrepreneurship

ENT 3400 Introduction to entrepreneurship

Course code: 
ENT 3400
Department: 
Strategy and Entrepreneurship
Credits: 
7.5
Course coordinator: 
Tor Haugnes
Course name in Norwegian: 
Introduksjon til entreprenørskap
Product category: 
Bachelor
Portfolio: 
Bachelor of Entrepreneurship and Business - Programme Courses
Semester: 
2017 Autumn
Active status: 
Active
Level of study: 
Bachelor
Teaching language: 
Norwegian
Course type: 
One semester
Introduction

The course will give the students an overview of the field of entrepreneurship and the role of entrepreneurial ventures in society. In addition to lectures, the students will meet entrepreneurs and other players with a role in entrepreneurial processes, and make reports and presentations of this. The business plan and the 'opportunity business model' will be introduced as tools for business development.

The course will go more in-depth on developing business ideas, with focus on conceptualization and commercialization. How business ideas and opportunities are found and developed into a company. A central topic in his course is commercialization, with a focus on how business ideas are conceptualized and transformed to demanded products. Design and ethics are included as elements in product development. Lastly, sales, organization of sales, and the problem of launching radically new products and participate in shaping new markets will be discussed.

Learning outcomes - Knowledge

It is a goal that the student achieve an overview of the field of entrepreneurship in theory and practice. It is a goal that the student will be capable of explaining central topics and concepts in entrepreneurship theory, with particular focus on the role of the entrepreneur, and on development and commercialization of business ideas. Furthermore, the students are supposed to gain knowledge about innovation systems (geographical, industrial, and cultural factors), and the role of the entrepreneur in these. The student will knowledge about central actors in entrepreneurial networks; sources of knowledge, financing, and realization of start-ups.

Learning outcomes - Skills

It is a goal that the students achieve basic skills in developing and evaluating business ideas and concepts, and in using the business plan and 'the opportunity business model' as tools in entrepreneurial processes.

Learning Outcome - Reflection

During the course, the students are supposed to develop an understanding of entrepreneurship in society and in the economy; including economic development, welfare, and ethics. Furthermore, the students should develop their own reflection related to ethical sides of developing business ideas.

Course content
  • Introduction to entrepreneurship
  • Development and evaluation of business ideas
  • Introduction to business plans and business models
  • Pitching, theoretical and practical
  • Resources, networks and management of team
  • Commercialization, market adaptation and sales
  • Key processes: operations and technologies
  • Financing new ventures
  • Players in the entrepreneurial process
  • Introduction to Entrepreneurship vs Intrapreneurship
  • Entrepreneurship and the role of small businesses in society. Economic, social, historical and political perspectives
  • Social entrepreurship
  • The entrepreneur: lonely hero or visionary teamwork?
Learning process and requirements to students

The course is designed with in total 27 hours of lectures. In addition there will be group discussions, field work, and other student activities. The course is designed with a high degree of interactivity, via meetings with companies, group work, presentations, and discussions. By shifting between lectures, discussions, and practical experiences, the students will have a fresh view on the particular aspects and challenges of entrepreneurship. 

In the course, electronic portfolios are used as part of the work and assessment. A portfolio is a systematic collection of student assignments, showing effort, learning process, progression, and reflection. Some of these publications will be read and responded to by peer students, and be a central tool to promote motivation and learning.  

Exact deadlines for assignments/publications are provided at the start of the course.

This is a course with continuous assessment (several exam components) and one final exam code. Each exam component is graded by using points on a scale from 0-100. The components will be weighted together according to the information in the course description in order to calculate the final letter grade for the examination code (course). Students who fail to participate in one/some/all exam elements will get a lower grade or may fail the course. You will find detailed information about the point system and the cut off points with reference to the letter grades when the course start.

At re-sit all exam components must, as a main rule, be retaken during next scheduled course.

Software tools
No specified computer-based tools are required.
Additional information

Final grade in the course is based on continuous assessment with several subcomponents both digital submissions, individually and in groups as well as an oral presentation of a business idea.

The final grade for the course will be determined on the basis of the following elements:

Digital submissions - 80% of the total grade

  1. Groups of students will explore the economic development in a geographical area, by surveys and interviews with entrepreneurs (eg. District in Oslo).
  2. Students will, in groups or individually, develop specific business ideas and develop a business plan or business model. The work is to be presented / defended in front of the class and a panel.
  3. Students will individually provide a theoretical paper on a specified topic. Topics will be announced at course start.
  4. Individual reflection paper about their own learning process related to curriculum and teaching about the entrepreneur's role and capabilities.

Oral evaluation - 20% of the total grade

  1. Presentation / defense of the business reference section 2 above.
  2. Oral participation in the course (prepared and active participation in presentations, discussions, etc.).
Qualifications

Higher Education Entrance Qualification.

Required prerequisite knowledge

No particular prerequisites

Exam categoryWeightInvigilationDurationGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
ENT34001
Grading scale:
Point scale
Grading rules:
Internal and external examiner
Resit:
All components must, as a main rule, be retaken during next scheduled course
80No1 Semester(s)Group/Individual (1 - 5)The elements to be included in the process evaluation, are specified under the section additional information in the course description.
Exam category:
Activity
Form of assessment:
Presentation and discussion
Exam code:
ENT34001
Grading scale:
Point scale
Grading rules:
Internal examiner
Resit:
All components must, as a main rule, be retaken during next scheduled course
20No30 Minute(s)Group/Individual (1)The elements to be included in the process evaluation, are specified under the section additional information in the course description.
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:80
Invigilation:No
Grouping (size):Group/Individual (1-5)
Duration:1 Semester(s)
Comment:The elements to be included in the process evaluation, are specified under the section additional information in the course description.
Exam code:ENT34001
Grading scale:Point scale
Resit:All components must, as a main rule, be retaken during next scheduled course
Exam category:Activity
Form of assessment:Presentation and discussion
Weight:20
Invigilation:No
Grouping (size):Group/Individual (1)
Duration:30 Minute(s)
Comment:The elements to be included in the process evaluation, are specified under the section additional information in the course description.
Exam code:ENT34001
Grading scale:Point scale
Resit:All components must, as a main rule, be retaken during next scheduled course
Exam organisation: 
Continuous assessment
Grading scale: 
ECTS
Total weight: 
100
Student workload
ActivityDurationComment
Teaching on Campus
27 Hour(s)
Prepare for teaching
45 Hour(s)
Group work / Assignments
25 Hour(s)
Field work/report (groups)
Group work / Assignments
50 Hour(s)
Development of business plan/business model (groups)
Group work / Assignments
25 Hour(s)
Individual study and study groups
Student's own work with learning resources
20 Hour(s)
Examination
8 Hour(s)
Exam (oral presentation of business plan, and attendance at peer students' presentations)
Sum workload: 
200

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.