Innovation and Entrepreneurship

Paper Code: 
MBB 321
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

Course Outcomes (COs):

       Courseoutcomes

Learning andteaching

strategies

AssessmentStrategies

On completion of this course, the students will be able to;

 

CO 108:               Identify and Classify social and economic problems to develop feasible business ideas.

CO 109.          Generating Business Idea and design an innovative solution model.

CO 110.              Develop a business plan.

CO 111.              Examine the business plan.

CO 112.               Analyze thegovernment policies that can help in establishment and promotion of an enterprise.

CO 113.              Examine business strategies for growth in business.

Approach inteaching:

 

InteractiveLectures, GroupDiscussion,Tutorials, CaseStudy

 

Learningactivities                    forthe students:Self-learning

assignments,presentations

Class test,Semester endexaminations,Quiz,Assignments,Presentation

 

12.00

Entrepreneurship/            Entrepreneur  –          Definition,          features, types,

Qualities, Entrepreneurvs. Manager. Creativity and innovation– Stimulating     creativity, organizational actions that enhance/hinder creativity,managerialresponsibilities,sourcesofinnovationinbusiness

12.00

StartingtheNewVenture-GeneratingBusinessIdea, Sources of New Idea,MethodsofgeneratingIdeas,creativeproblemsolving,opportunity recognition,environmentscanning,competitorandIndustryanalysis.

The Four stages of Growth model-prestart-up-stage,Start-upStage,

EarlyGrowthStage, LaterGrowthStage.

 

6.00

ProductProtection:Patents,TrademarksandCopyrights-Patents, Typesofpatents,Disclosures,Thepatentprocess,Patentsinperspective, Trademarks,copyrights,IntellectualPropertyrights.International

Markets-ChangingInternationalEnvironment,Exporting,Importing,

EstablishingInternationalVentures,TheforeignEnvironmentBusiness,

Sourcesof Information.

 

6.00

Entrepreneurial Team and Business Formation- Matching Human     

Resource needs and skills, The board of directors, Networking, Legal forms of business in perspective, sole proprietorship, partnership, corporations. Business Acquisitions and Franchising- Rationale for acquiring a Business, Evaluating acquisition opportunities, Methods of valuation, structuring the Acquisition, Franchising.

6.00

Government of India Schemes for Innovation and Entrepreneurship-       

Start up India, Make in India, Atal Innovation Mission (AIM), Support to Training and Employment Programme for Women (STEP), Jan Dhan-   Aadhaar-   Mobile   (JAM),Digital   India,Biotechnology Industry Research Assistance Council (BIRAC),Department of Science and Technology (DST), Trade related Entrepreneurship Assistance and Development (TREAD), Pradhan MantriKaushalVikasYojana    (PMKVY),    National    Skill     Development Mission, Science for Equity Empowerment and Development (SEED)

Business Plan - Concept, Characteristics, Preparation of business plan.          

*Casestudiesrelatedto entiretopicsaretobe taught

 

Essential Readings: 
  • Fundamentals of Entrepreneurship, Sudha, G.S., RBD publication
  • Entrepreneurship, Greene,Cynthia L, South-Western; 4th edition (1 January 2008)
  • Innovation and Entrepreneurship, Drucker, P.F., HarperBusiness; Reprint edition (9 May 2006)
  • Fundamentals of Entrepreneurship Mohanty,SangramKeshari, Prentice Hall India Learning Private Limited (1 January 2005)
  • Entrepreneurship : New Venture Creation, Holt,David H., Pearson Education India; First edition (10 March 2016)

 

References: 

Suggested reading

  • Entrepreneur's Toolkit : Tools and Techniques to launch and Grow your New Business, Harvard Business Review Press (23 November 2004)
  • The Young Entrepreneur's Guide to Starting & Running a, Business, Mariotti, Currency; Revised, Updated edition (29 April 2014)
  • The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses, Eric Ries Currency; Illustrated edition (13 September 2011)

E resources

Journals

  • Journal of Entrepreneurship
  • National Digital Library

 

 

Academic Year: