Faculty of Economics and Business, UNIMAS COURSE TITLE ENTREPRENEURSHIP, DEVELOPMENT AND INNOVATION (Keusahawanan, Pembangunanan dan Inovasi) COURSE CODE EBM3023 CREDIT 3 PREREQUISITE/S None SYNOPSIS This subject will help students to explore the world of the entrepreneur in a practical way. It teaches students how the free enterprise system works, the role entrepreneurs have in the system, and the characteristics common to successful entrepreneurs. This course is divided into four main categories namely; Entrepreneurship in the 21st century, Creating and Starting the Venture, Financing the venture and finally, Managing as well as growing the venture (Kursus ini akan membantu para pelajar mendalami ilmu dan dunia keusahawanan secara praktikal. Ia akan menengahkan aspek-aspek yang berkaitan dengan bagaimana sistem 'free enterprise' beroperasi, peranan usahawan di dalam sistem tersebut, dan ciri-ciri utama usahawan yang berjaya. Kursus ini dibahagikan kepada 4 dimensi utama iaitu; Keusahawanan di dalam abad ke 21, penubuhan dan permulaaan entiti perniagaan, pembiayaan perusahaan, & pengurusan serta pengembangan sesebuah perniagaan /perusahaan. ) LEARNING OUTCOMES By the end of this course, students will be able to: o Memahami teori-teori asas dan utama dalam disiplin akademik keusahawanan (C1, P1, A5, CS) o Melahirkan idea-idea perniagaan yang berdaya maju (C3, CT, ES) o Menubuhkan entiti-entiti perniagaan dengan betul (C3, CS, CT) o Menggunakan teori-teori asas keusahawanan dengan berkesan melalui kerja-kerja berkumpulan/ projek (C3, CS) EBM3023 Entrepreneurship, Development and Innovation 1/4 Faculty of Economics and Business, UNIMAS STUDENT LEARNING HOURS Lectures Student-Centered Learning Self-Study Quizzes, Tests, & Examinations Total LEARNING UNITS 42 18 56 8 124 Hour/s Hour/s Hour/s Hour/s Hour/s Supervised Learning Hours 3 1. Introduction to Entrepreneurship -What is entrepreneurship -The entrepreneurial mind -What is creativity -What is innovation 2. New Venture Assessment -Environmental scanning (PEST) -Market Research -Market Analysis -Competitive Analysis -SWOT 3 3. Creating and Starting the Venture -Type of business entities -Incorporation of companies (sole proprietorship, partnership and private limited) 3 4. Financing the Venture -Internal financing -External financing (Debt/borrowing) -Angel financing -Venture capital -IPO -Government grants/financing 3 5. Promoting entrepreneurship in Malaysia by various government agencies -MITI -SMIDEC -MATRADE -MIDA -Ministry of Agriculture 3 EBM3023 Entrepreneurship, Development and Innovation 2/4 Faculty of Economics and Business, UNIMAS -Other government agencies (State government/SEDC) 6. Writing a Business Plan -Strategic Plan -Marketing Plan -Financial Plan -Manufacturing/Production Plan 3 7. Writing a Business Proposal -Introduction -BOD & Top Management -Products/services (benefits,features,warranty, pricing) 3 8. Growing the Venture: Marketing Strategies -Product -Place -Price -Promotion 3 9. Financial Skill for Entrepreneur -Balance Sheet -Income Statement -Cash flow statement -Analyzing financial statement 3 10. Predicting Venture Failures -What is venture failure -Methods used to predict venture failure -Factors affecting venture failure -Turnaround strategies for dying venture 3 11. Current Entrepreneurship Issues -Merger -Acquisition -Valuation techniques (EVA etc) 3 12. Managing Innovation -The imperative of innovation 3 EBM3023 Entrepreneurship, Development and Innovation 3/4 Faculty of Economics and Business, UNIMAS -Factors affecting innovation performance -Approaches to innovation -Degree of innovation -The innovation process -Assessing innovation performance ASSESSMENT REFERENCES 13. Corporate Entrepreneurship -What is corporate entrepreneurship -The emergence of corporate entrepreneurship -Factor affecting corporate entrepreneurship in established organizations 3 14. Presentation of group assignment 3 Mid Term Assessment Term Assignment Final Exam Total 1. 30 30 40 100 % % % % N/A Last updated: August 2, 2011, Tue, 11:26 AM EBM3023 Entrepreneurship, Development and Innovation 4/4