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.

Emphasis is placed on introducing methods for generating innovative business ideas, translating patents into business concepts, and general principles of business modeling and business planning. In particular, approaches such as Lean-Startup and Effectuation as well as concepts for financing young companies are covered.

Part of each lecture is a "KIT Entrepreneurship Talk", in which experienced founders and entrepreneurs report on 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 performance review takes place in the form of a written examination (60 min.) (according to §4(2), 1 SPO). The performance review is in the form of a written examination (60 min.) (according to §4(2), 1 SPO). The grade is the grade of the written examination.

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 4.0. More details will be provided in the lecture. Participation in the case study is optional.

Exam date: tba

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).

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

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

Ries, Eric (2011): The Lean Startup.

Osterwalder, Alexander (2010): Business Model Generation.

VL will take place on Mon, 15:45 - 19:00 on the following dates:
23.10.2023
30.10.2023
06.11.2023
13.11.2023
20.11.2023
27.11.2023
04.12.2023
11.12.2023 (Prep Session)