GEORGETOWN UNIVERSITY Liberal Studies Program Fall 2011 Introduction to Entrepreneurship Class Days/Time: Tuesdays; 5:20– 7:50 p.m. Professor: Manar S. Morales, Esq. Required Text: Hisrich, Robert D., Peters, Michael P. and Shepherd, Dean A., Entrepreneurship, 8th Edition (Chicago: McGraw-Hill/Irwin), 2010. ISBN 978-0-07-353032-1 Course Description: This course will examine the phenomenon of innovation in the business setting. How do business leaders get new ideas and implement them? What are the hurdles to innovation and how do successful entrepreneurs overcome them? Through case studies and discussion of the theory of entrepreneurship, students will assess and develop their own abilities to be entrepreneurs. Guest speakers will be invited from time to time to bring real life experiences to our discussions of the theory of entrepreneurship. Required course for Entrepreneurship concentration. Course Objectives: After completing this course a student should be able to: 1. Explain the entrepreneurial process and necessary mindset; 2. Understand the entrepreneurial culture and the role it plays in established organizations; 3. Assess the opportunities and risks associated with new ideas; 4. Discuss the development process of a business idea; 5. Create an opportunity analysis plan; 6. Recognize the legal issues faced by entrepreneurs 7. Draft marketing, business, financial and organizational plans; 8. Identify Sources of Capital available to entrepreneurs; and 9. Outline the necessary steps from funding the idea to launching and growing the venture. Assignments: Attendance is required and lectures may include material that is not in the reading assignments and for which students will be responsible. In addition, guest speakers will be invited to supplement class discussion. Any student with more than 2 absences may be involuntarily withdrawn from the class pursuant to BALS program policy. All reading assignments are to be read prior to the designated class. All students are expected to be able to contribute meaningfully to class discussion. Each week, there will be in-class exercises and case study homework assignments linked to the content of the course. Class participation and homework assignments will be weighed as 20% of the student’s final grade. All homework assignments must be turned in at the beginning of the class to receive full credit. Grading: The mid-term project will count 30%, a final examination will count 50%, and class participation and homework assignments will count 20%. Grades will be assigned as follows (GU Grading Guidelines): 95-100 93-94 88-92 85-87 82-84 80-81 78-79 75-77 71-74 65-70 0-64 A AB+ B BC+ C CD+ D F In accordance with BALS policy, every student is subject to the GU Honor Pledge, and all other academic integrity standards. Students agree that by taking this course all required papers may be subject to submission for a Textual Similarity Review to Turnitin.com for the detection of plagiarism. All submitted papers will be added as source documents in the Turnitin.com reference database solely for the purpose of detecting plagiarism of such papers in the future. Use of the Turnitin.com service is subject to the terms of use agreement posted on the Turnitin.com site. Plagiarized work will be reported to Georgetown’s Honor Council (see below). If the council finds that the work has been plagiarized, the work will receive an F for a first offense; a second plagiarism will earn an F for the course. Fall 2011 Introduction to Entrepreneurship SYLLABUS DATE TOPIC READING ASSIGNMENT 09/06 Entrepreneurship and the Entrepreneurial Mind-Set Chapters 1 09/13 Entrepreneurial Intentions and Corporate Entrepreneurship Chapters 2 09/20 Entrepreneurial Strategy: Generating and Exploring New Entries Chapters 3 09/27 Creativity and the Business Idea Chapters 4 10/4 Identifying and Analyzing Domestic and International Opportunities Chapters 5 10/11 Protecting the Idea and Legal Issues; Discussion of Mid-Term Project Chapter 6 10/18 The Business Plan Chapters 7 10/25 The Marketing Plan 11/01 The Organizational Plan Chapters 9 11/08 The Financial Plan Chapters 10 11/15 Sources of Capital Chapter 11 11/22 Informal Risk Capital, Venture Capital Chapter 12 11/29 Strategies for Growth and Accessing Resources Chapter 13 & 14 12/6 Review (Mid-Term Due) Chapter 8 A Final Exam will be scheduled during Exam Week. NOTICES If you believe you have a disability, then you should contact the Academic Resource Center at 202-687-8354 (arc@georgetown.edu) for further information. The Center is located in the Leavey Center, Suite 335. The Academic Resource Center is the campus office responsible for reviewing documentation provided by students with disabilities and for determining reasonable accommodations in accordance with the Americans with Disabilities Act (ADA) and University policies.