Applied Executive Ed: Entrepreneurship
Discover the meaning of entrepreneurship and its central concepts. Learn about seeking partnerships with venture capital firms and the impact of entrepreneurship on the economy. Ideal for those interested in Accounting, Finance, or Business Management.
What you’ll learn
- Explore the meaning of “entrepreneurship”.
- Discover the concepts that are central to entrepreneurship.
- Explore when to seek partnerships with a venture capital firm.
In this set of lectures in Unlocking the Ivory Tower, I’m talking about entrepreneurship. Definitions of entrepreneurship have varied over the years, but here I’ll use one that was developed in 2000 by Shane [Envencat]: “Entrepreneurship is the examination of how, by whom and with what affects opportunities to create future goods and services are discovered, evaluated and exploited.” Those lead us to some big questions. Why do some people and not others discover and exploit opportunities that are at the heart of entrepreneurship? Why doesn’t everyone? Do opportunities just exist out there in the world as objective beings or are they subjective?
The area of entrepreneurship research dates back to economics work in the 18th and 19th centuries. Most often, it is was in France and, in fact, the word “entrepreneur” comes from the French word for “undertaker,” someone who undertakes an activity. The points we cover in this section include: entrepreneurship, why would you study it, opportunities and opportunity recognition, entrepreneur entry and organizational emergence, entrepreneur finance, resource and economic impact, and international entrepreneurship.
Who this course is for:
- Anyone interested in Accounting, Finance, or Business Management.
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