Entrapren-MBA-III

This report aims to discuss the supportive elements and gives advices that help people and potential entrepreneurs in understanding how to start-up small businesses, and what are the main stations on the way from the idea to the Break-Even.

Develop a Strategic Business Plan for a New Venture. This Strategic Management Process should contain whatever is necessary to start-up a company from scratch, including the new company’s philosophy, mission, objectives, strategies and tactics, CSR, an analysis of the firm’s internal and external environment, organizational structure, leadership and, an one-page financial report justifying the firm’s survival for at least a year. You should justify your choices in terms of the chosen industry/sector on the grounds of innovation, competitive advantage and company’s sustained growth and survival. Your budget is $150,000 (US).

Choosing the wrong technology-due to insurmountable technical hurdles, market limitations, or resource constraints-can be devastating to a start-up company. Either the company deftly changes directions or it ceases to exist. While experiencing these realities may provide invaluable entrepreneurial life lessons, because of structured academic calendars, course commitments, the requirement for grades, and other factors, it is very difficult to drop a technology or disband a company staffed by students fulfilling university educational requirements.

2017

The study investigated the role of entrepreneurship studies to promote effective business management of Small and Medium Scale Enterprises (SMEs) among tertiary school graduates in Edo State. It determined the graduates' effectiveness in diversity management in their business venture applying the entrepreneurial knowledge and skills they acquired from school training experiences. The study population comprised all the 40,333 graduates (Academic Sessions) from the target public institutions (universities, polytechnics and colleges of education). 450 respondents were selected using simple random sampling technique. One research question guided the study which was hypothesized. The descriptive survey research design was adopted for the study and a 20-item structured questionnaire was used as instrument for data collection. The instrument was validated by 4 experts and tested for its reliability using the Cronbach Apha and a reliability value of 0.89 was realized. The data collected...

Revista de Cercetare si Interventie Sociala

As they grow, companies that were once characterised as agile, innovative and entrepreneurial, tend to become bureaucratic and slow to respond to changes in their environments. In order to stay competitive and build competitive advantage, managers realise that they have to rejuvenate the entrepreneurial spirit and innovate on a sustainable basis, yet this remains a significant challenge for them. Our corporate entrepreneurship and innovation course for post-graduate studentscultivates and understanding of entrepreneurship and innovation in the context of established business. Its unique design, which follows a logical progression of data collection in real-life participating organizations through secondary and primary research, assures in-depth understanding of the factors that shape the current organizational profiles. Students, working in teams, draw on this data and entrepreneurship and innovation theory to develop practical corporate entrepreneurship development plans which they...

2011

2020

Small and medium enterprises (SMEs) are the prime movers of the economy in most countries. In Malaysia, SMEs generate 99.2% of the total income for the country and contribute 40% -50% of the gross domestic product (GDP) for the country. As the world is now moving towards globalization, small and medium enterprises not only face competition among domestic market, but also from competitors abroad. With the rapid change of globalization Malaysian SMEs need a coherent business strategy to survive and compete in the global market. On the other hand, intellectual assets which comes in the form of intellectual properties (patents, industrial designs, copyrights, trademarks, geographical indications and many others) offers a great amount of benefits to those who care to protect their right and these IPR not only protect the right of the holder but may also generate more income to the enterprise by the way of commercialization. Therefore it is important for all SMEs to know how to protect, e...

2018

Innovation and Entrepreneurship ENTP 6311 (FIN 6311) Valuation Models and Practices (3 semester hours) This course examines different models and practices for valuing everything from R&D investments to firms, both public and private. Prerequisite: FIN 6301 and Co/Prerequisite: FIN 6306. (3-0) S ENTP 6315 (FIN 6315) Entrepreneurial Finance (3 semester hours) The objective of this course is to build skills and knowledge in the financing of entrepreneurial ventures. Entrepreneurial Finance concerns not only the process of financing and investing in start-up companies, but also the changes to the initial financing mix that may be required as start-up companies mature and grow. Topics include: valuation, capital structure, forecasting, the markets for venture capital and private equity, the decision to go public or remain private, alternative financing arrangements, and the differential marketability and liquidity of the securities used to finance non-public firms. This course is equivalent to FIN 6315 and only one of these may be counted toward a degree. Prerequisite: FIN 6301. (3-0) Y ENTP 6316 (FIN 6316) Private Equity Finance (3 semester hours) This course will cover the investment of capital in the equity of private companies to fund growth or in public companies to take them private. This course includes the study of a broad spectrum of private equity investments, investing in established private firms, buyouts, financial restructuring of distressed firms, and private equity financing by public firms. Prerequisite: FIN 6311 or ENTP 6311 or consent of instructor. (3-0) Y ENTP 6351 International Entrepreneurship and Innovation (3 semester hours) Executive Education Course. This course is an introduction to the international business plan and provides an introduction to entrepreneurship with an emphasis on identifying, evaluating and developing new venture opportunities for international markets. Topics include opportunity identification and evaluation, startup strategies, business valuation, business plan development, financing the venture, managing the growing business and exit strategies. Prerequisites: IMS 5200, MKT 6301, FIN 6301, ACCT 6201, and BPS 6310. (3-0) Y ENTP 6352 International Business Plan (3 semester hours) Executive Education Course. This course is a capstone that requires the development of a comprehensive business plan for market entry into a foreign country or region. The construct builds upon the core business and international coursework including the successful completion of key courses in accounting, finance, marketing and strategy, as well as, the international entrepreneurship and innovation. The course consists of lectures, research, and faculty coaching and guidance. Prerequisite: ENTP 6351.