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College of Business

 

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Oregon State University

College of Business

 

Introduction to Entrepreneurship (4 Credit Hours)

BA 260 Syllabus

Monday, Wednesday: 10:00 am-12:00 pm, or 12:00 pm-2:00 pm

Fall 2009

 

 

Instructor:                   Tom Durant

Telephone:                   1-541-683-1778 (home office)

Email:              thomas.durant@bus.oregonstate.edu

Office:                         Bexel Hall, Room #342; 541-737-6043

Office Hours:              Monday, Wednesday 9:00 am-10:00 am; 2:15 pm-3:15 pm, or by appt.

 

 Course Overview

            This course is designed to provide you with an overview of creating, managing, funding, and assessing entrepreneurial concerns. Specifically, the course will help you: evaluate and develop entrepreneurial ideas and your desire/capability to pursue entrepreneurship; create a business plan, opportunity assessment, feasibility analysis, and the strategies that are necessary for entrepreneurial success; determine the most propitious approach for funding, and; equip you with ways in which to manage and direct an entrepreneurial business concern.

 

Course Objectives and Learning Outcomes

            The primary objective of this course is to provide an understanding of entrepreneurship and the entrepreneurial process. This course will provide you with a somewhat broad overview and basic understanding of entrepreneurship and most business functions relative to starting, sustaining, and managing a business enterprise. Specifically, the course will:

 

  • Develop an understanding of entrepreneurship and the entrepreneurial process.

 

  • Integrate business functions as they apply to new venture creation and growth.

 

  • Develop an understanding of strategy development and its application to a new business venture.

 

  • Provide an opportunity to evaluate your own entrepreneurial tendencies and ability to create a new venture/business plan.

 

  • Understand all aspects of developing and submitting a business plan.

 

Materials

 

Textbook (Required)

Robert D. Hisrich, Michael P. Peters, and Dean A. Shepherd, Entrepreneurship: Starting, Developing, and Managing a New Enterprise, 7th Edition. (New York: McGraw Hill, 2007).

 

Reference Books

Robert D. Hisrich, Small Business Solutions: How to Fix and Prevent the 13 Biggest Problems that Derail Business, (New York: McGraw Hill, 2004).

 

Michael E. Porter, Competitive Advantage: Creating and Sustaining Superior Performance, (New York: Simon & Schuster, 1985).

 

Peter F. Drucker, Innovation and Entrepreneurship, (Oxford, UK: Elsevier Ltd., 2007)

 

Reading Material – to be posted.

 

Guest speakers will address special topics.

 

Course Grade

 

Activity                                                           Weight

 

Class Participation and Case Analysis              20%

Midterm Exam                                                  25%

Final Exam                                                        25%

Term Project                                                      30%

 

Class Participation

            Class participation on all cases and discussion are essential. Everyone is expected to have read the assigned material and thoroughly prepare each case prior to class.

 

Support for Students with Disabilities

Accommodations are collaborative efforts between students, faculty and Service for Students with Disabilities (SSD). Students with accommodations approved through SSD are responsible for contacting the faculty member in charge of the course prior to or during the first week of the term to discuss accommodations. Students who believe they are eligible for accommodations but who have not yet obtained approval through SSD should contact SSD immediately at 737-4098.

 

 

 

 

 

Expectations of Students: Conduct, Attendance, Electronic Devices

Students are expected to follow University and College student conduct policies (http://oregonstate.edu/admin/stucon/achon.htm). All cases of suspected academic dishonesty will be handled in strict accordance with University and College Policy.

 

Students are expected to attend each class session throughout the term. Attendance will be taken on a random basis, the results of which will be recorded by the instructor. Your attendance, or lack thereof, will impact your class participation and your ability to achieve learning outcomes.

 

With the lone exception of computer usage for note taking purposes, no electronic devices (e.g. cell phones, PDAs, MP3/iPods, etc.) are allowed to be turned on during class sessions. Those with computers will be allowed to use the computer for note taking purposes only; however, should the instructor determine that the computer is being used for any other purpose (e.g. email, Internet, texting, games, etc.), that student will be barred from bringing the computer to future class sessions. If you use a computer in class for note taking, you will be required to sit in the front rows of the classroom closest to the instructor.

 

Term Project

            The term project will consist of working in groups of 6-8 classmates to create an opportunity and feasibility analysis of a new venture. The new venture can be of your group’s choosing; however, the new venture cannot be a restaurant, pub/bar, or a franchise. The final project will be due on the last day of class. The format for the term project will be a typewritten (spelling and grammar checked) document, and should be between 12 and 15 pages in length (1” margins, double spaced).

 

 Case Studies

            Case studies will consist of working in your term project groups to create a response to specific questions posed by the instructor. The response format will be a typewritten document of between 3 and 5 pages in length (1” margins, double spaced). Each group will submit the written response to those questions on the date in which the case study has been assigned. Further, each group will be expected to share the results of the group’s response with your classmates during that class session.

 

 

 

 

 

 

 

 

 

 

 

Course Outline & Class Meeting Schedule

 

Introduction to Entrepreneurship: BA 260

 

Weekly Assignment

September 28; 30

Introduction to Entrepreneurship

Assignment: Chapter 1, Entrepreneurship

 

Entrepreneurial Characteristics, the Entrepreneurial Process

Assignment: Chapter 2, Entrepreneurship

 

Entrepreneurial Intentions and Characteristics

Assignment: Chapter 3, Entrepreneurship

 

October 5; 7

New Venture Ideas, Innovation, Opportunity Analysis

Assignment: Chapter 5, Entrepreneurship

 

New Venture Ideas, Innovation, Opportunity Analysis (cont’d)

Assignment: Chapter 5, Entrepreneurship

 

October 12; 14

 

The Business Plan

Assignment: Chapter 7, Entrepreneurship

 

Guest Lecture: Wilson/Oyler Group

 

October 19; 21

The Marketing Plan

Assignment: Chapter 8, Entrepreneurship

 

The Marketing Plan

Assignment: Chapter 8, Entrepreneurship

Case 2E: The Gril-Kleen Corporation

 

October 26; 28

 

Intellectual Property and Other Legal Issues

Assignment: Chapter 6, Entrepreneurship

 

The Organizational Plan

Assignment: Chapter 9, Entrepreneurship     

 

November 2; 4

 

Entrepreneurial Strategy, Generating/Exploiting New Entries

Assignment: Chapter 13, Entrepreneurship

 

Entrepreneurial Strategy (cont’d.)

Assignment: Chapter 13, Entrepreneurship

 

Midterm Review

 

November 9; 11

 

 

Midterm Exam

 

Midterm Exam Feedback

 

The Financial Plan

Assignment: Chapter 10, Entrepreneurship

 

November 16; 18

The Financial Plan (cont’d)

Assignment: Chapter 10, Entrepreneurship

 

Guest Lecture: FabTrol Systems, Inc.

 

November 23; 25

 

 

Sources of Capital

Assignment: Chapter 11, Entrepreneurship

Case 3A: The Winslow Clock Company

 

Informal Risk Capital, Venture Capital, Going Public

Assignment: Chapter 12, Entrepreneurship

 

November 30; December 2

 

 

 

 

 

 

 

 

December 7

           Mergers, Acquisitions, Joint Ventures, and Franchises

           Assignment: Chapter 16, Entrepreneurship

 

           Managing and Growing the Venture

           Assignment: Chapter 14, Entrepreneurship

 

           Final Exam Review

 

           Term Project Due

 

           Final Exam (4:00 PM)