IBES2320 Entrepreneurial Behaviour and Competence (5 op)
An entrepreneurial orientation, manifested as competitive aggressiveness, innovativeness, proactiveness, autonomy, and risk taking, identifies entrepreneurial behaviour and competence. This course aims to generalize knowledge of the entrepreneurial behaviour and competence needed to be an entrepreneurial leader or intrapreneur.
We shall compare the opportunity recognition / opportunity seizing typical of entrepreneurial behaviour. Effectuation and causation (as presented by Sarasvathy) will be revised, viewed as forming the basis of entrepreneurial competence. Intrapreneurship, in the form of corporate entrepreneurship, and intrapreneurial team building, will be evaluated as mechanisms to create value in private and public organizations. The ethics of entrepreneurial behaviour will be explained from the perspectives of individuals and teams.
Taking a managerial perspective, we shall summarize the latest research in the field, as seen through the leading entrepreneurship journals, such as Entrepreneurship: Theory and Practice, Journal of Business Venturing, Small Business Economics, and Journal of Small Business Management.
On successful completion of the course, students should be able to:
- identify self-management and identification of the resource pool
- describe entrepreneurial behaviour, such as innovativeness as a source of business ideas
- apply opportunity recognition and the entrepreneurial mindset to public and private sector work
- generate the self efficacy needed in order to evaluate opportunities
- compare ethical perspectives concerned with how to encourage and motivate people as a consultant or as a team member
- give examples on being an entrepreneur, and financial and non-financial rewards in the promotion of entrepreneurial behaviour.
Collection of literature and articles will be announced at the beginning of the class.