ENTREPRENEURSHIP DEVELOPMENT

Paper Code: 
DBSG 602
Credits: 
4
Contact Hours: 
60.00
Max. Marks: 
100.00
Objective: 

COURSE OUTCOME(COS):

Course Outcomes

Learning and teaching strategies

Assessment Strategies

CO 131:Understand about the conceptual aspects of enterprise

CO 132: Provide conceptual exposure on converting idea to a successful entrepreneurial firm.

CO 133:Analyze the environment for potential business opportunities and Develop Business Plan

CO 134: Evaluate the various sources of Finance

CO 135: Critically analyse the role of government bodies in promotion of entrepreneurship

Approach in teaching:

classroom lectures using Powerpoint presentation.

Learning activities for the students:

Group discussion, Case studies, Assignments, ppt presentations

Class assignments, presentations, Classroom activity, C.A. test, Semester End Examinations.

 

14.00
Unit I: 
Introduction to Entrepreneurship

• Introduction to entrepreneurship: Meaning, Process, Importance & benefits
• Classification of Entrepreneurship
• Types of entrepreneurs
• Entrepreneurial Competencies (Personal Entrepreneurial Competencies,Venture Initiation and Success Competencies)
• Role of Entrepreneurship in Economic Development (Export Promotion and Import Substitution
• Factors affecting growth of Entrepreneurship
• Barriers to entrepreneurship
• Promotional schemes for women entrepreneurs
Social Entrepreneurship
• Introduction to Social Entrepreneurship
• Characteristics and Role of Social Entrepreneurs
• The Perspective of Social Entrepreneurship
• Social Entrepreneurship in Practice
• Boundaries of Social Entrepreneurship
• Practical- Identify a social entrepreneur and trace out what sparked him /her to become a social entrepreneur. Elaborate what and how he/she solved the social problem.

10.00
Unit II: 
Opportunity Identification and Selection

• Need for opportunity identification and Selection
• Environmental Dynamics and Change
• Business opportunities in Various sectors
Identification of Business Opportunity
Idea Generation:
Idea Processing and Selection; Pre-start-up Implementation – Assembling Necessary Inputs; Establishing the Enterprise and Start-up Stage – Start-up Operating objectives, Positioning the Enterprise
• Brainstorming, Focus Groups, Surveys, Customer advisory boards,
• Use of IPR to protect ideas.
Opportunity / Product identification
• Opportunity Selection
• Practical - Visit any Small-scale production unit in your area and prepare a report regarding the same.

14.00
Unit III: 
Starting a new venture (New business plan) and Family Business

Business plan: Meaning, importance
• Elements of a business plan (Market Feasibility, Technical Feasibility and Financial Viability)
• Preparation of a business plan
• Determinants of effective business planning
• Types of venture
• Opportunities analysis
• Impact of External Environment on New Venture
• Legal requirements for establishment of a new unit
Family Business: Concept, structure and kinds of family firms
• Culture and evolution of family firm
• Managing Business, family and shareholder relationships
• Conflict and conflict resolution in family firms
• Managing Leadership, succession and continuity
• Women’s issues in the family business
• Encouraging change in the family business system.
• Practical - Case study on-The Murugappa Group, The Wadia Group

12.00
Unit IV: 
FINANCING THE ENTREPRENEURIAL BUSINESS

• Meaning and Need for Financial Planning
Arrangement of funds:
• Traditional sources of financing, Loan syndication, Consortium finance, Angel Investors, Venture Capitalists/Accelerators/Incubators, Crowdfunding
• Role played by commercial banks
• Appraisal of loan applications by financial institutions
Institutional Finance:
• Need For Institutional Finance
• State Financial Corporations
• Small Industries Development Bank of India
• Commercial Banks
Lease Finance:
• Meaning of Lease
• Types of Lease agreements
• Advantages and Disadvantages of Leasing
• Growing popularity of lease financing in India
• Future prospectus to leasing
• Practical - Power-point presentation on- Any Organisation that extends institutional support to small-scale enterprises

10.00
Unit V: 
Role of Government in Entrepreneurial Development and Entrepreneurial Development Programmes

• Role of Government in Entrepreneurial Development: Need; Government Assistance
• Incentives and Schemes for Infrastructural facilities
Entrepreneurial Development Programmes
• EDP Meaning, relevance and achievements
• Phases of EDP (Pre- Training phase, Training Phase, Post training phase)
• Institutions for Entrepreneurship development (NIESBUD, EDII, NAYE, TCOs, NEDB)
• Role of Government in organizing EDPs
• Critical Evaluation of EDPs
• Cluster development programme: Objectives, Types, procedure
• Practical - Power Point Presentation on an organisation’s various activities undertook by the Organiser to conduct EDP and the problems faced by him/her in conducting EDP along with suggestions to remove these problems.

Essential Readings: 

• Gupta, C.B. and Srinivasan, P., Entrepreneurship Development, Sultan Chand & Sons, New Delhi
• Taneja, Satish and Gupta, S.L., Entrepreneur Development: New Venture Creation, Galgotia Publishing Company, New Delhi, 2001
• Khanka, S.S, Entrepreneurial Development, Sultan Chand & Sons, New Delhi.
• Sangeeta Sharma, Entrepreneurship Development, PHI Learning Pvt. Ltd.

References: 

• Gupta, C.B. and Khanka, S.S., Entrepreneurship & Small Business Management, Sultan Chand & Sons, New Delhi, Fourth Edition.
• Gordon E. and Natarajan K; Entrepreneurship Development, Himalaya Publishing House, Mumbai.
• Desai, V., Small Scale Industries and Entrepreneurship, Himalaya Publishing House

Academic Year: 
2023-2024
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