Master
2021/2022
International Entrepreneurship
Type:
Elective course (Master of International Business)
Area of studies:
Management
Delivered by:
Магистерская программа "Международный бизнес", направление подготовки "Менеджмент"
When:
2 year, 1, 2 module
Mode of studies:
offline
Open to:
students of one campus
Instructors:
Irina Kratko
Master’s programme:
International Business
Language:
English
ECTS credits:
4
Contact hours:
44
Course Syllabus
Abstract
Starting and managing a new business is a risky albeit potentially rewarding undertaking. The complexity and challenges (as well as the potential payoffs) facing entrepreneurs and business managers vary across different countries and are even greater when their business ventures are international in scope. Students will be exposed to the concepts of international entrepreneurship through lecture, classroom discussion, cases and master classes. The focus of the course is the development of knowledge and skills helpful in identifying and pursuing entrepreneurial opportunities in a global setting. The following prerequisites are required for this course: International marketing, Financial and managerial accounting, Strategic management of international companies, International financial management, International business research, International corporate finance
Learning Objectives
- To provide students with the basic understanding of the process of conceiving, creating, and managing an entrepreneurial venture in the international context
- To introduce students to different ways of going international and business formats of new ventures in different countries
- To train students to identify both domestic and foreign business opportunities and provide them with firsthand experiences by introducing them to international environment
- To support those students capable of launching international new ventures as the direct result of their progress through the course
- To become a field laboratory for student teams working on international entrepreneurship projects and planning to launch businesses in foreign countries
Expected Learning Outcomes
- be able to match the capabilities and opportunities of creating a start-up; be able to develop a business plan
- evaluate the advantages and disadvantages of different strategies of going international
- learn about the basics of entrepreneurship; know the sources of venture opportunities
- learn about the stages of new venture creation
- learn how to internationalize, the basics of business environment
Course Contents
- Theoretical backgrounds of entrepreneurship and international entrepreneurship
- Dimensions of international entrepreneurship
- Entry strategies of going international
- Stages of new venture creation in international context
- Developing a global business plan: structure and key elements
Assessment Elements
- Final business plan presentation
- Classroom participation
- Interview with an entrepreneur
- Critique of another team’s venture
Interim Assessment
- 2021/2022 1st module
- 2021/2022 2nd module0.15 * Interview with an entrepreneur + 0.3 * Classroom participation + 0.15 * Critique of another team’s venture + 0.4 * Final business plan presentation
Bibliography
Recommended Core Bibliography
- International Differences in Entrepreneurship Lerner, Josh; Schoar, Antoinette University of Chicago Press 2010
- International Entrepreneurship : The Effect of Firm Age on Motives for Internationalization Brush, Candida Routledge 2012
Recommended Additional Bibliography
- Framework for Assessing Entrepreneurial Outcomes : An International Perspective Watson, John; Gatewood, Elizabeth;and more Emerald Publishing Limited 2014