Content

The lecture as a mandatory part of the module "Entrepreneurship" introduces the basic concepts of entrepreneurship. Important concepts and empirical facts are presented, which relate to the conception and implementation of newly founded companies.The focus is on the introduction to methods for generating innovative business ideas, for the translation of patents into business concepts as well as general principles of business modeling and business planning.In particular, approaches such as Lean-Startup and Effectuation as well as concepts for the financing of young companies are treated.

Part of the lecture will be a "KIT Entrepreneurship Talk" from 4:15 to 5:15 p.m., in which experienced founders and entrepreneurs will talk about their experiences in the practice of founding a company. Dates and speakers will be announced in time via the EnTechnon homepage.

Learning Objectives:

Students will be introduced to the topic of entrepreneurship. After successful attendance of the course, they should have an overview of the sub-areas of entrepreneurship and be able to understand basic concepts of entrepreneurship and apply key concepts.

Workload:

• Total workload for 3 credit points: approx. 90 hours.
• Attendance time: 30 hours
• Preparation and wrap-up of the course: 45.0 hours
• Exam and exam preparation: 15.0 hours

Examination:

The assessment of success takes place in the form of a written examination (60 min.) (according to §4(2), 1 SPO). The grade is the grade of the written exam.A grade bonus can be earned through successful participation in a case study in the Entrepreneurship lecture. If the grade of the written exam is between 4.0 and 1.3, the bonus improves the grade by up to 0.3 or 0.4.The bonus only applies if you have passed the exam with at least a 4.0. More details will be provided in the lecture. Participation in the case study is voluntary.

Exam date: 06/24/2022, 18:00 - 19:10, 30.95 Forum Lecture Hall (Audimax).

Lecture language: English

References

Füglistaller, Urs, Müller, Christoph and Volery, Thierry (2008): Entrepreneurship

Ries, Eric (2011): The Lean Startup

Osterwalder, Alexander (2010): Business Model Generation

Aulet, Bill (2013): Disciplined Entrepreneurship. 24 Steps to a Successful Startup. Hoboken: Wiley.

R.C. Dorf, T.H. Byers: Technology Ventures - From Idea to Enterprise. (McGraw Hill 2008)

Hisrich, Robert D.; Ramadani, Veland (2017): Effective entrepreneurial management. Strategy, planning, risk management, and organization. Cham, Switzerland: Springer.