ENTREPRENEURSHIP DEVELOPMENT

Paper Code: 
CBSG 613
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course Outcomes (COs):

Course Outcome

Learning and teaching strategies

Assessment Strategies

CO 171: Understand about the conceptual aspects of enterprise

CO 172: Provide conceptual exposure on converting idea to a successful entrepreneurial firm.

CO 173: Analyze the environment for potential business opportunities and Develop Business Plan

CO 174: Evaluate the various sources of Finance

CO 175: Critically analyse the role of government bodies in promotion of entrepreneurship

Approach in teaching:

classroom lectures using Powerpoint presentation.

Learning activities for the students:

Group discussion, Case studies, Assignments, ppt presentations

Class assignments, presentations, Classroom activity, C.A. test, Semester End Examinations.

 

14.00
Unit I: 
Introduction to Entrepreneurship:

 

  • Introduction to entrepreneurship: Meaning, Process, Importance & benefits
  • Classification of Entrepreneurship
  • Types of entrepreneurs
  • Entrepreneurial Competencies (Personal Entrepreneurial Competencies, Venture Initiation and Success Competencies)
  • Role of Entrepreneurship in Economic Development (Export Promotion and Import Substitution
  • Factors affecting growth of Entrepreneurship
  • Barriers to entrepreneurship
  • Promotional schemes for women entrepreneurs

Social Entrepreneurship

  • Introduction to Social Entrepreneurship
  • Characteristics and Role of Social Entrepreneurs
  • The Perspective of Social Entrepreneurship
  • Social Entrepreneurship in Practice
  • Boundaries of Social Entrepreneurship

 

10.00
Unit II: 
Opportunity Identification and Selection:

                                                                                                         

  • Need for opportunity identification and Selection
  • Environmental Dynamics and Change
  • Business opportunities in Various sectors

      Identification of Business Opportunity

      Idea Generation:

      Idea Processing and Selection; Pre-start-up Implementation – Assembling            Necessary Inputs; Establishing the Enterprise and Start-up Stage – Start-up Operating objectives, Positioning the Enterprise

  • Brainstorming, Focus Groups, Surveys, Customer advisory boards,
  • Use of IPR to protect ideas.

Opportunity / Product identification

  • Opportunity Selection

 

 

14.00
Unit III: 
Starting a new venture (New business plan) and Family Business:

 

Business plan: Meaning, importance

  • Elements of a business plan (Market Feasibility, Technical Feasibility and Financial Viability)
  • Preparation of a business plan
  • Determinants of effective business planning
  • Types of venture
  • Opportunities analysis
  • Impact of External Environment on New Venture
  • Legal requirements for establishment of a new unit

Family Business: Concept, structure and kinds of family firms

  • Culture and evolution of family firm
  • Managing Business, family and shareholder relationships 
  • Conflict and conflict resolution in family firms
  • Managing Leadership, succession and continuity
  • Women’s issues in the family business
  • Encouraging change in the family business system.

 

 

 

 

12.00
Unit IV: 
FINANCING THE ENTREPRENEURIAL BUSINESS:

 

  • Meaning and Need for Financial Planning

            Arrangement of funds:

  • Traditional sources of financing, Loan syndication, Consortium finance, Angel Investors, Venture Capitalists/Accelerators/Incubators, Crowdfunding
  • Role played by commercial banks
  • Appraisal of loan applications by financial institutions

Institutional Finance:

  • Need For Institutional Finance
  • State Financial Corporations
  • Small Industries Development Bank of India
  • Commercial Banks

            Lease Finance:

  • Meaning of Lease
  • Types of Lease agreements
  • Advantages and Disadvantages of Leasing
  • Growing popularity of lease financing in India
  • Future prospectus to leasing

 

 

10.00
Unit V: 
Role of Government in Entrepreneurial Development and Entrepreneurial Development Programmes

 

  • Role of Government in Entrepreneurial Development: Need; Government Assistance
  • Incentives and Schemes for Infrastructural facilities

Entrepreneurial Development Programmes

  • EDP Meaning, relevance and achievements
  • Phases of EDP (Pre- Training phase, Training Phase, Post training phase)
  • Institutions for Entrepreneurship development (NIESBUD, EDII, NAYE, TCOs, NEDB)
  • Role of Government in organizing EDPs
  • Critical Evaluation of EDPs
  • Cluster development programme: Objectives, Types, procedure
Essential Readings: 
  • Gupta, C.B. and Srinivasan, P., Entrepreneurship Development, Sultan Chand & Sons, New Delhi
  • Taneja, Satish and Gupta, S.L., Entrepreneur Development: New Venture Creation, Galgotia Publishing Company, New Delhi, 2001
  • Khanka, S.S, Entrepreneurial Development, Sultan Chand & Sons, New Delhi.
  • Sangeeta Sharma, Entrepreneurship Development, PHI Learning Pvt. Ltd.

 

References: 
  • Gupta, C.B. and Khanka, S.S., Entrepreneurship & Small Business Management, Sultan Chand & Sons, New Delhi, Fourth Edition.
  • Gordon E. and Natarajan K; Entrepreneurship Development, Himalaya Publishing House, Mumbai.
  • Desai, V., Small Scale Industries and Entrepreneurship, Himalaya Publishing House

 

e-RESOURCES:

 

JOURNALS:

  • Journal of Entrepreneurship
  • INSPIRA- Journal of Modern Management & Entrepreneurship

 

Academic Year: 
2023-2024
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