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Innovation and Entrepreneurship
Innovation and Entrepreneurship
How do the most successful entrepreneurs learn? Many entrepreneurs take great risks: many fail. Reason: they dont know what they dont know. However, skilled entrepreneurs with the right stuff pursue risky, but wellmanaged ventures that most normal people would avoid. In the long-run, these entrepreneurs succeed. They succeed creating new venture after new venture. In consequence, these serial entrepreneurs and innovators do good for the world and/or create massive wealth. What is the right stuff that entrepreneurs possess? Can you also acquire the right stuff - or recognise it in others? These are questions we will explore in this course. Course Hours Instructor
Lecture: 8:00pm
Laboratory:
LT4
ptobbin@yahoo.co.uk
Text Required: Soren Hougaard - The Business Idea The Early stages of Entrepreneurship (SH) Peter Drucker Innovation and Entrepreneurship (PD) Grading Midterm Exam - 30% Optional:
Final Paper/project - 40% Homework - 30% (2 graded assignments) Policies You are encouraged to study together and sample exams will be provided by me as a learning resource; topics on the sample exams are not guaranteed to be on the actual exam and vice versa. All student homework and submitted examinations are expected to be the product of individual effort unless otherwise specified. This means that your submissions are expected to be in your own words and the product of your own effort any detected copying will be considered plagiarism unless appropriate citations are given. Students are cautioned that much of the material available from Internet searches is of dubious quality in this area. Examinations will be take-home and open-book. All e-mail submission of homework and exams will be acknowledged by the instructor soon after receipt. E-mail submission must occur prior to the due date or a grading penalty will be assessed. Physical submission may be done in class, or to the instructor by appointment.
Syllabus
Week 1 2 3 3 4 5 5
Chapter
PD c2 / SH c3 SH c2
The Window of Opportunity Purposeful Innovation and the Seven Sources for Innovative Opportunity
Group Assignment Group Assignment Due: Agricultural based Innovation Perishable Goods 1 SH c3 SH c4 Case Study 1: Creation of Business Opportunity Creation of the Business Concept The Akshaya Experience: Community Driven Local Entrepreneurs in ICT Services Business Plan Development 1 Business Plan Development 2 MidSem Mid Semester Exams
6 7 8 9 10 10 11 12 13
Group Assignment Presentation of Group Business Plan 2 PD c12 PD c13 Case Study 2: PD c15 Entrepreneurial Management The Entrepreneurial Business The Ghanaian Experience Entrepreneurship Video Revision Week