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IZU 025 - Entrepreneurship and Innovation

Departments Supervised by the Rectorate · İZÜ Seçmeli Dersler · Undergraduate

ECTS: 3 T+P+L: 2+0+0 IZU Common Elective
Coordinator: Dr. Öğr. Üyesi Nıcoleta ISAC
Instructors: Dr. Öğr. Üyesi Nıcoleta ISAC

Course Objective

First of all, the students who take this course in i.Z.U. will be able to: Revaluating the entrepreneurial skills in a competitive environment; Evaluating opportunities and risks specific to business environment; To take strategic decisions to attract and retain customers, using modern sale methods and techniques; Assuming the business decision and planning its implementation. Students must have the ability to prepare project where the final research assignment (s) and / or finishing projects (s) to present advantageous and / or disadvantageous aspects of the surroundings (close and / or distant) of differentorganizations; The entrepreneurship process occurs when individuals (or teams) identify opportunities, evaluate whether these opportunities are viable, and then assemble the resources needed to build a new venture. This course provides an intensive overview of the first step in this process. The primary goal of thiscourse is to help students generate potential ideas for a business. Through a combination of readings, brainstorming sessions and presentations, we will learn how tosearch for and identify entrepreneurial opportunities.

Course Content

- Understanding the role of entrepreneurs and presenting the most common mistakes incurred in drawing up a business plan;

- Developing skills in explaining and interpreting the problem of creating a business plan;

- Presentation and marketing techniques to promote business plan;

- Familiarity with the prepared financial statements (balance sheet, cash flow, income statement).

At the end students must have the ability to prepare project where the final research assignment (s) and / or finishing projects (s) to present advantageous and / or disadvantageous aspects of the surroundings (close and / or distant) of different organizations;

Required Resources

Peter Druker Entrepreneurship and Innovation, Harper &Row Publisher , 1985

Scarborough, N., & Zimmerer, T. 2000. Effective small business management: An entrepreneurial approach (6th edition). Upper Saddle Creek, NJ: Prentice Hall.

Eric Ries The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses , 2012

Recommended Resources

Clayton M. Christensen, The Innovator's Dilemma: The Revolutionary Book That Will Change the Way You Do Business ,2014

Dess, G., & Lumpkin, G. 2005. The role of entrepreneurial orientation in stimulating effective corporate entrepreneurship. Academy ofManagement Executive

Oden, H. W. (1997). Managing corporate culture, innovation, and intrapreneurship. Westport, CT: Quorum Books.

Stolze, W. J. (1999). Start up: An entrepreneur's guide to launching and managing a new business. 5th edition. Franklin Lakes, NJ: Career Press

Explanations

Explanaition about asessments:

• Each student must complete a report following the specified schedule. If he/she would not submit the report on time, there is no another opportunity to submit again.

• Mark of 0 will be given if not submitting the report.

• The topic and the template will be given by instructor

Explanaition about exam:

• The Mid term Exam and the Final Exam will be written form

Rules

- Students should check course email frequently, which is a platform for communication between me and students.

- Students should attend class regularly. Their absence should not exceeds more than half.

- Being active in class discussions and asking questions are highly encouraged.

Course Learning Outcomes

  1. (1) Identify the advantageous and / or disadvantaged aspects of themselves and their environment (near and / or distant).
  2. Entrepreneurship and Innovation minors will be able to sell themselves and their ideas. Students master oral and visual presentation skills and establish a foundation of confidence in the skills necessary to cause others to act
  3. Entrepreneurship and Innovation minors will be able to create value. Students are able to create presentations and business plans that articulate and apply financial, operational, organizational, market, and sales knowledge to identify paths to valu
  4. Entrepreneurship and Innovation minors will develop and cultivate endurance. Students increase their awareness and deliberately practice the skills and disciplines necessary to increase confidence; improve communication and problem-solving skills, m

Core Area Distribution

(22) Humanities%20 (31) Social and Behavioural Science%20 (34) Business and Administration%35 (52) Engineering and Engineering Trades%25

Teaching Methods

Question-AnswerDiscussionPresentationBrain StormingCase StudyProject Based Learning (Including Field Work)

Assessment & Evaluation

HomeworkProject / DesignTesting (Essay / Tests: True-Falls, multiple-choice, short answer, matching)

ECTS / Workload

ActivityQuantityDuration (h)Total Workload
Course Duration (Including Exam Week)14228
Out of Class Study Period14114
Midterm15115
Quiz000
Assignment309270
Practice000
Final30130

Course Schedule

WeekSubjectPreparation
1Introduction to EntrepreneurshipDrucker, P. 1998. Innovation and Entrepreneurship. Harvard Business Review
2Being an entrepreneur. Finding and Validating your IdeaDrucker, P. 1998. Innovation and Entrepreneurship. Harvard Business Review
3Selecting a Form of Business OwnershipDrucker, P. 1998. Innovation and Entrepreneurship. Harvard Business Review
4STRATEGIC ENTREPRENEURSHIP & INNOVATIONDrucker, P. 1998. Innovation and Entrepreneurship. Harvard Business Review
5Ownership OptionsDrucker, P. 1998. Innovation and Entrepreneurship. Harvard Business Review
6How to Write an Executive SummaryDrucker, P. 1998. Innovation and Entrepreneurship. Harvard Business Review
7Preparation before mid term examRepetition
8Mid Term Exam-
9How to Write a Company OverviewDrucker, P. 1998. Innovation and Entrepreneurship. Harvard Business Review
10Marketing & Sales StrategiesDrucker, P. 1998. Innovation and Entrepreneurship. Harvard Business Review
11Strategic ways to price your Products and ServicesDrucker, P. 1998. Innovation and Entrepreneurship. Harvard Business Review
12SWOT AnalysisDrucker, P. 1998. Innovation and Entrepreneurship. Harvard Business Review
13The Key Elements of the Financial PlanDrucker, P. 1998. Innovation and Entrepreneurship. Harvard Business Review
14Business Planpresentation project
15Business PlanPresentation of the project
16Final Exam-