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Coures Outline - ENT 2370 Entrepreneurship and SMEs

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Course Outline
Faculty of Management Studies and Commerce
University of Sri Jayewardenepura
Year and
Semester
Year 02 Semester I
Course Code:
ENT 2370
Course Title:
Entrepreneurship and SMEs
Core/
Elective:
Core
No of Credits
03
Prerequisites
None
Notional
Hours
Direct Contact Hours:
Lecturing: 45 Hours
Tutorials: 30 Hours
Total: 75
Course
Coordinator
Teaching
Panel
Tutorial
Panel
Aim/s of the
Course
Course
Description
Other Notional
Hours
75 Hours
Tota
l:
150
Hour
s
Prof. M.V.S.S. Udayanga
Prof. M. V. S. S. Udayanga
Tel: 071 5328 966. Email:udayanga@sjp.ac.lk
Mr. M. H. D. N. Perera
Tel: 077 917 5075, Email: dhanukaprr@sjp.ac.lk
Mr. Pasindu Rathnasekara
Tel: 077 010 3171, Email: pasindulaksahan@sjp.ac.lk
To impart entrepreneurial competencies including required knowledge,
skills and attitudes among the participants so that they can display the
entrepreneurial mindset which will support the appropriate design and
launch of entrepreneurial ventures.
Within this fast-moving global environment, developing entrepreneurs who
can challenge the traditional aspects of business management is an
undisputed need. It is vital to develop a solid theoretical foundation among
the future business leaders of the country who will then be well equipped
with the knowledge, skills and attitudes necessary to face the local and
global challenges. Accordingly, this course serves to impart entrepreneurial
competencies including required knowledge, skills and attitudes among the
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participants so that they can display the entrepreneurial mindset which will
support the appropriate design and launch of entrepreneurial ventures.
Accordingly, any student who successfully completes this course unit will
lay foundation to become an effective entrepreneur or entrepreneurial
manager in the modern business era. In addition to developing
entrepreneurial competencies this course intends to create good moral and
intellectual values with exemplary personality among them that will help
them to lead the rest.
Intended
Learning
Outcomes of
the Course
(ILOs)
The topics of the course include meaning and definition of
entrepreneurship, evolution of the concept of entrepreneurship, significance
of entrepreneurship as a tool for enhancing productivity and socioeconomic development, approaches to entrepreneurship, business
entrepreneurship, corporate entrepreneurship, social entrepreneurship and
other forms of entrepreneurship, SME sector in Sri Lanka, women
entrepreneurship, creativity and innovation, Opportunity identification and
exploitation. Apart from the formal lectures the knowledge delivery will be
further facilitated through written and oral presentations, group work, role
playing, case studies, field visits. workshops and activity base exercises and
games.
PLOs
PLO 1: Acquire sufficient theoretical knowledge in the core areas of entrepreneurship
blending with the discipline of business management
PLO 2: Demonstrate entrepreneurial and managerial skills in order to apply the theoretical
knowledge of entrepreneurship through active learning modes
PLO 3: Be a good team leader who can guide the followers towards the organizational
vision and mission with networking skills, social skills and communication skills for
working with and through others
PLO 4: Be conversant in applying entrepreneurship as a multi-method technique in
searching for unlimited varieties of entrepreneurship through demonstration of good
attitudes, values and professionalism in achievement of personal and organizational
excellence
PLO 5: Demonstrate flexibility and adaptability in an unpredictable and turbulent
environment through lifelong learning and continuous self-updating for organizational and
personal development
PLO 6: Apply the knowledge gained through theoretical and practical experiences to start
an entrepreneurial venture or revitalizing the existing businesses through invention and
innovation as a corporate entrepreneur
ILOs
1: Explain concepts, techniques, and
approaches of entrepreneurship
2: Analyze and discuss the meaning
of the concept of entrepreneurship
PLO1
PLO2
PLO3
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PLO4
PLO5
PLO
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3: Evaluate and determine how
successful entrepreneurs create and
build value for value for themselves
and the society
4: Determine the role of SMEs in Sri
Lankan context
5: Appreciate the role of women
entrepreneurship in the socioeconomic development
6: Comprehend the concept of
‘Entrepreneurial Mindset’
7: Recognize the need of
Entrepreneurial Mindset as a core
competence in winning competitive
advantages
8: Demonstrate Entrepreneurial
characteristics in their entrepreneurial
ventures and day to day life
9: Analyze the relationship between
the different entrepreneurial
characteristics and synthesize them in
to a wholistic mindset
10: Identify and display the
entrepreneurial potential in running
their business ventures
11: Design an action plan to develop
entrepreneurial competencies
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Main Topic
Subtopics
Ref. for
readings
materials or
other
requirements
as
applicable)
Introduction to
the Course,
Introduction to
Entrepreneurship
- Meaning and
Definitions
- Entrepreneurial
Orientation
- Entrepreneurial
Intention
Course Syllabus
Concept related
with
Entrepreneurship
- Changing the
Status quo
- Dare to be
different
- Environmental
Sensitivity
- Identification of
Opportunities
Kuratko and
Rao 2012
Chapter 01
Session
Course
Specification/
Content
(Main topics,
Sub
topics):
✓
Ref. for
ILOs
Remarks
1,2
1,2,
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- Exploitation of
Opportunities
3.
Concept related
with
Entrepreneurship
4.
Significance of
Entrepreneurship
5.
Entrepreneur
6.
7.
Approaches to
Entrepreneurship
- Thinking out of
the box
- Creativity and
Innovation
- Risk Taking
- Resource
- Creation of
Wealth
- Social Wellbeing
- Significance of
Entrepreneurship
- Importance of
Entrepreneurship
Education
- Types of
Entrepreneurs
- Business
Entrepreneur
- Corporate
Entrepreneur
- Social
Entrepreneur
- Women
Entrepreneur
- Characteristics of
Entrepreneurs
- Cognitive
Foundation of
Entrepreneurship
- Entrepreneurial
Mindset
- Roles and
Functions of
Entrepreneurs
- Micro
Approaches
Lesson
Materials
Survey of
Entrepreneurshi
p in Higher
Education in
Europe by
European
Commission
1,2,3,
Entrepreneurshi
p Education at
School in
Europe by
European
Commission
Lesson
Materials
Rich Dad Poor
Dad (Robert T
Kiyosaki)
1,2,3,
1,2,3,
Kuratko and
Rao 2012– the
relevant section
1,2,3,
Page 4 of 7
- Macro
Approaches
8.
9.
10.
Evolution of
Entrepreneurship
and
Entrepreneurship
in Sri Lanka
Entrepreneurship
as a Way of Life
SME Sector in Sri
Lanka
Kuratko and
Rao 2012
Chapter 01
Lesson Material
Lesson
Materials
National Policy
Framework
Article Gamage, A.S.
(2003). Small
and Medium
Enterprise
Development in
Sri Lanka: A
Review. [On
line] Available
from
http://202.11.2.
113/SEBM/rons
o/no3_4/aruna.p
df [Accessed
01.06.2012]
11.
12.
13.
TeachingLearning
Methods
Creativity and
Innovation
The Opportunity:
Creating,
Shaping,
Recognizing &
Seizing
Lesson Material
Zimmerer &
Scarborough
(pp. 41-74)
Burns (pp. 5591)
Zimmerer &
Scarborough
(pp. 69-70)
Kuratko & Rao(
pp. 115-118)
Hisrich et al.
(pp. 131-150)
New Venture
Creation and
Business Plan
Development





1,2
8
2,3,4,9
2,3,6
2,3,4,6
,7,8,9
2,3,4,6
,7,8,9
Lectures and classroom activities
Workshops
Field visits
Case studies and role plays
Audio and video films
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

Assessment
Methods
/Details
Method
Oral and written Presentations
Entrepreneur interviews
Details
Marks %
Formative
Assessment
s
In-class
Activities
Weekly
Summary
Assignment
No. 01:
Assignment
No. 02:
Assignment
No. 03:
Assignment
No. 04:
Assignment
No. 05:
Activities in relations to the topic being discussed in the classroom
will be a mode of regular assessment of everyday learning.
Due Date: Every Week
Students are expected to handover a written summary of previous
week classroom discussion to the office of Department of
Entrepreneurship within the very next week. Late assignment
would not be accepted under no reason. Word count of the
summary should be in between 400 to 500 words.
Due Date: Every Week
Identify five “Boxes” in relation to a business in any industry and
forward innovative solution to improve the business.
Due Date: will be announced at the tutorial class
Critically analyses the entrepreneurial characteristics of Prof.
Muhammad Yunus and make a group presentation. You are
expected to refer the biography of Prof. Muhammad Yunus –
Banker to the Poor (Duppathage Bankukaru- Sinhala Version) in
carrying out this assignment.
Hard copy of the presentation should be handed over during the
presentation.
Due Date: will be announced at the tutorial class
Oral presentation on ‘Rich Dad Poor Dad: What the Rich Invest in,
That the Poor and the Middle Class do not’
The presentation should be based on the review of the same and
done in three member groups not exceeding 15 minutes. Hard copy
of the presentation should be handed over during the presentation.
Due Date: will be announced at the tutorial class
Visit an Entrepreneurial Business and assess the degree of
Entrepreneurial Orientation. Submit your report
Due Date: will be announced at the tutorial class
You will be assigned into a group of three members and expected
to deliver an Oral Presentation on the visited entrepreneurial
business.
Due Date: will be announced at the tutorial class
Total Formative Assessment Marks
05
10
05
05
05
05
05
40
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Summative
Assessment
Final
Examination
Total Marks
60
100
Recommende
d Readings
Kuratko, DF & Rao, TV 2012, Entrepreneurship a south - Asian perspective,
Cengage learning, Delhi, India.
Additional
Readings
Baron, RA & Shane, SA 2008, Entrepreneurship-A Process Perspective, 2nd Edn,
Melissa Acuna publishers, China.
Burns, P 2007, Entrepreneurship and small business, 2nd Edn, Palgrave
Macmillan, Houndmills.
Butler, JE 2003, New perspective on women entrepreneurs, Information Age
Publishing, Greenwitch.
Fielden, SL & Davidson, MJ 2005, International handbook of women and small
business entrepreneurship, Edward Elgar, USA.
Hisrich, RD, Petters, MP & Shephers, DA 2013, Entrepreneurship, 9th Edn,
McGraw Hill, Boston.
Zimmerer, TW, Scarborough, NM &Wilson, D 2009, Essentials of
entrepreneurship and small business management, 5th Edn, PHI Learning, New
Delhi.
Udayanga, S 2004, Kalamanakaranaya Saralawa (Sinhala), 2nd Edn
Course
Policies
 Honesty and integrity in academic activities are considered of vital importance.
Plagiarism is treated as an examination malpractice and students are strictly
advised to refrain from copying from others work.
 Examination policies, regulations and by-laws stipulated by the faculty is
equally applicable for the final examinations as well as continuous
assignments. Thus, copying take-home assignments from others is treated a
punishable offence.
 Punctuality is very important. You are expected to be seated in the classroom
before your teacher enters the class. Late assignments will not be accepted under
any reason.
 80% attendance for lectures will be an eligibility requirement to sit for the final
examination. Only the medical certificates issued by the Medical Centre of the
university, a government hospital or well-established private sector hospital
will be accepted. Medical certificates issued by private dispensaries will not be
accepted. In case of a predictable absence (such as overseas tour, wedding) you
can take prior approval by submitting necessary documents. For other valid
reasons of absence please talk with your course leader or subject coordinator.
 Learning is a relatively permanent change in the behaviour. Hence, you can say
to be qualified the program only if there is an observable change in your
behaviour.
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