Description The lecture as an obligatory part of the module "Entrepreneurship" introduces the basic concepts of entrepreneurship. Important concepts and empirical facts relating to the conception and implementation of newly founded companies are presented. The focus here is on the introduction to methods for generating innovative business ideas, translating patents into business concepts and general principles of business modelling and business planning. In particular, approaches such as lean startup and effectuation as well as concepts for financing young companies are dealt with.
Part of the lecture is in each case from 18:15 to 19:00 clock a KIT Entrepreneurship Talk, in which experienced founder and entrepreneur personalities report on their experiences in practice of the establishment of an enterprise. Speakers: 14.10.2019: Benedikt Stolz, First Momentum Ventures 21.10.2019: Iris Schwenk, HQS Quantum Simulations 28.10.2019: Allen Mohammadi, doctoral student, hippogriff 04.11.2019: Tobias Grab, Startup Advisor 11.11.2019: Rebecca Rutschmann, evocoach 18.11.2019: Andreas Kleinn, PhD student, Klai GmbH 25.11.2019: Daniel Karszt, CyberForum
References: Aulet, Bill (2013): Disciplined Entrepreneurship. 24 Steps to a Successful Startup. Hoboken: Wiley. R.C. Dorf, T.H. Byers (2008): Technology Ventures - From Idea to Enterprise. NYC: McGraw Hill. Hisrich, Robert D.; Ramadani, Veland (2017): Effective entrepreneurial management. Strategy, planning, risk management, and organization. Cham, Switzerland: Springer. Ries, Eric (2011): The Lean Startup. NYC: Currency. Osterwalder, Alexander (2010): Business Model Generation. Hoboken: Wiley.
Workload: Total effort for 3 credit points: approx. 90 hours Presence time: 30 hours Pre- and postprocessing of the LV: 45.0 hours Exam and exam preparation: 15.0 hours
Language of instruction: English
Target: In principle, students are introduced to the topic of entrepreneurship. After successfully attending the event, they should have an overview of the sub-areas of entrepreneurship and be able to understand basic concepts of entrepreneurship and apply key concepts.
Examination: The success control takes place in the form of a written examination (60 min.) (according to §4(2), 1 SPO). The mark is the mark of the written examination.
Written examination: 12.12.2019, 17.30 - 18.30 (Audimax)