EDM1101 Foundations of entrepreneurship

This course provides an introduction to the concept and practice of entrepreneurship. The course intends to provide the ‘big picture’ on entrepreneurship, but to also cover a number of key micro issues relating to the more numerous small businesses that make up the majority of all business activity in societies everywhere. The course readily acknowledges that there is no single theory or model of entrepreneurship; but this lack of a distinct theoretical spine provides the course with its strongest advantage as this provides for an opportunity to present a multiplicity of case work and concepts. The emphasis is on comparing the diversity of approaches found within the world of the entrepreneur. 

Course Objectives 
The course is intended to equip students with the ability to:

• To appreciate and use general foundations of entrepreneurship; 
• Internalize the key concepts of entrepreneurship;
• Build on the foundation knowledge of contemporary entrepreneurial issues in the global economy
• Appreciate the comparative analysis of entrepreneurial activities.

Learning Outcomes
On completion of this course, students should be able to:

• Describe similarities and differences between various forms of entrepreneurs; 
• Appreciate the significance of entrepreneurship as a driver of the SME sector; 
• Evaluate key issues that every entrepreneur should be concerned with in a competitive environment; and  
• Recognize the fundamentals of current entrepreneurial practices in the third world