Introduction to Entrepreneurship

Faculteit Economie en Bedrijfskunde
Jaar 2017/18
Vakcode EBB124A05
Vaknaam Introduction to Entrepreneurship
Niveau(s) bachelor, uitwisseling
Voertaal Engels
Periode semester I a

Uitgebreide vaknaam Introduction to Entrepreneurship
Leerdoelen This course is part of the university minor “Entrepreneurship”, and aims to provide students with various educational backgrounds with basic knowledge in the field of entrepreneurship. This course is suited for students who expect to deal with entrepreneurship in their future careers. This could for example be as an entrepreneur/small business owner, an entrepreneurial employee in a large (profit or non-profit) business, a consultant, an investor, a policy maker or a researcher. This course is NOT a step-by-step guide for starting your own business.
At the end of the course, students should be able to:
1) Define entrepreneurship using various theoretical perspectives and to distinguish different forms of entrepreneurship.
2) Explain the value of entrepreneurship from a macro-economic perspective and explain the reasons for the increasing importance of entrepreneurship in modern economies.
3) Explain the personality approach in studying the entrepreneur and entrepreneurial processes. Explain the behavioral approach and explain how people form the intention to start up a business.
4) Explain underlying theories and models in the exploration phase of the entrepreneurial process. More specifically:
 4a) Define the concept of opportunity. Compare different approaches on opportunity recognition. Specify circumstances and features that make the existence of opportunities likely.
 4b) Explain different ways to develop a business proposition. Explain the concept of causation and effectuation.
5) Explain underlying theories and models in the exploitation phase of the entrepreneurial process. More specifically:
 5a) Distinguish different phases in the firm life cycle and explain the managerial challenges after the start-up phase in the firm life cycle.
 5b) Analyze the effectiveness of different business strategies after the start-up phase in the firm life cycle.
6) Describe the role of institutions in promoting entrepreneurship and explain the relationship between institutions and entrepreneurship.
7) Reflect on the value and validity of scientific literature in the field of entrepreneurship by comparing it to real business and policy contexts, and to present these reflections to an audience.
Omschrijving The attention paid to entrepreneurship in economics and business has steadily increased during the last decades. Policy makers and practitioners are seeking to promote the supply of entrepreneurs in order to encourage economic benefits (e.g. employment, wealth creation and competition) as well as social benefits (e.g. social cohesion and empowerment).
Entrepreneurship is a multi-dimensional concept that takes a variety of forms and appears in both large and small businesses, in both new and established firms, in both the formal and informal economy, in technological and non-technological industries and in many world regions. It is important to understand the basic characteristics of entrepreneurship in different settings in order to derive meaningful implications for different stakeholders.
This course offers basic knowledge in the field of entrepreneurship to students with various educational backgrounds. We discuss entrepreneurship from different perspectives (e.g. psychological, economic and process perspectives) and in different forms (e.g. new ventures and established businesses), and we discuss the value and importance of entrepreneurship in the modern economy. We also discuss theories and models that help in explaining antecedents and consequences of behaviors during the exploration and the exploitation phases in the entrepreneurial process.
After students have obtained an understanding of the importance of entrepreneurship and the entrepreneurial processes occurring at the micro level, we go back to the macro level and discuss how and under what circumstances institutions can promote entrepreneurship.
Finally, in addition to the theoretical knowledge on entrepreneurship, throughout the course we aim to provide students with the opportunity to reflect on this knowledge by providing them with practical examples from a wide range of contexts, inviting guest lecturers from the field, and by providing a small group assignment in which students have to link the theory to practice and present their findings to an audience.
Uren per week 3
Onderwijsvorm hoorcolleges, werkcolleges
(Hoor- en gastcolleges, werkcolleges)
Toetsvorm opdracht(en), schriftelijk tentamen
(Groepsopdrachten en individueel schriftelijk tentamen)
Vaksoort bachelor
Coördinator dr. E.P.M. Croonen
Docent(en) dr. E.P.M. Croonen , S.M. Dos Santos Fernandes Costa, PhD. , S. Murtinu
Verplichte literatuur
Titel Auteur ISBN Prijs
A customized version of Enterprise and Small Business: Principles, Practice and Policy, 3rd edition, Pearson Carter, Jones-Evans 9781784343477 ca. €  35,00
Entreevoorwaarden - Propaedeutics
- This course can not be taken in combination with the course “Entrepreneurship B&M/TM” (EBB106A05)
- This course has a limited number of participants and can only be taken in combination with the other courses of either the faculty minor “Innovation & Entrepreneurship” or the university minor “Entrepreneurship”.
- Final admission to the faculty minor is based on a letter of motivation (including resume), which needs to be submitted to the coordinator of the minor ( on July 1st of the academic year, prior to the academic year in which the student wants to do the minor, at the latest.
- The university minor is not open to students of the faculty of Economics & Business and the BSc Industrial Engineering & Management.
Opmerkingen For more information contact the course coordinator:
Opgenomen in
Opleiding Jaar Periode Type
BSc Bedrijfskunde/Bdk  (minor Innovation & Entrepreneurship) 3 semester I a verplicht
BSc Industrial Engineering and Management  (Optional Modules Production Technology and Logistics ) - semester I a Part of Minor I&E*
BSc Industrial Engineering and Management  (Optional Modules Product and Process Technology) - semester I a Part of Minor I&E*
Courses open to Exchange Students (BSc)  (Courses open to Exchange Students (BSc) with limited access) 3 semester I a keuze
minor Entrepreneurship - semester I a verplicht