After completion of this course each student would be able to:
Entrepreneurship is a compulsory course and has been offered by the Department of Industrial Engineering and Management.
CLO |
Description |
Taxonomy Level |
PLO |
1 |
DEMONSTRATE entrepreneurship concepts and characteristics of successful entrepreneurs |
C3 |
6 |
2 |
IDENTIFY the entrepreneurial potential to carryout entrepreneurial idea individually and in teamwork |
A4 |
9 |
3 |
DEVELOP innovative ideas suitable for commercialization. |
C5 |
12 |
Course Contents:
Definition of Entrepreneur & Entrepreneurship. concepts of an Entrepreneur, Characteristics of Successful Entrepreneurs, Different Between Inventor and Entrepreneurs, Inspiration from Role Models and Social Support, Business Model, Entrepreneurship Mind Set, Types of Start-ups.
Entrepreneurship Development:
Role of Entrepreneurship, International Entrepreneurship, Small and Medium Business Enterprises, Role of Educational institutions, Entrepreneurship-Emerging Trends in Global Knowledge Economy., identifying opportunities.
Leadership Qualities, Leaders vs Managers, Establishing your founder team, , Elements of Skills team, Authority, power and Influence, Time Management, Entrepreneurial Rewards, Entrepreneurial types.
Patents, International Patents, Trademarks, Copy Right Legal Issues including Patents, Trademarks, Copyrights, trade Secrets, Licensing, Liability, Insurance, Contracts etc., Early Growth Stage, Later Growth Stage, Fundamentals of a Feasibility Plan.
Business plan, Entrepreneurial Opportunities and business plan, Business failures, Reasons for failure of business plan, pitching a business plan.
Frenching, Advantages and Disadvantages of Frenching, Types of Frenching, Joint Ventures, Acquisition, Advantages and Disadvantages of acquisition, overcoming constraints by negation for more resources.