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Entrepreneurship, Start-Up and Succession Management

Module name (EN):
Name of module in study programme. It should be precise and clear.
Entrepreneurship, Start-Up and Succession Management
Degree programme:
Study Programme with validity of corresponding study regulations containing this module.
Accounting and Finance, Master, ASPO 01.10.2017
Module code: MARPF-581
SAP-Submodule-No.:
The exam administration creates a SAP-Submodule-No for every exam type in every module. The SAP-Submodule-No is equal for the same module in different study programs.
P420-0521
Hours per semester week / Teaching method:
The count of hours per week is a combination of lecture (V for German Vorlesung), exercise (U for Übung), practice (P) oder project (PA). For example a course of the form 2V+2U has 2 hours of lecture and 2 hours of exercise per week.
4V (4 hours per week)
ECTS credits:
European Credit Transfer System. Points for successful completion of a course. Each ECTS point represents a workload of 30 hours.
6
Semester: according to optional course list
Mandatory course: no
Language of instruction:
German
Assessment:
Written exam (open book), duration: 90 minutes

[updated 27.01.2023]
Applicability / Curricular relevance:
All study programs (with year of the version of study regulations) containing the course.

MARPF-581 (P420-0521) Accounting and Finance, Master, ASPO 01.10.2017 , optional course
Workload:
Workload of student for successfully completing the course. Each ECTS credit represents 30 working hours. These are the combined effort of face-to-face time, post-processing the subject of the lecture, exercises and preparation for the exam.

The total workload is distributed on the semester (01.04.-30.09. during the summer term, 01.10.-31.03. during the winter term).
60 class hours (= 45 clock hours) over a 15-week period.
The total student study time is 180 hours (equivalent to 6 ECTS credits).
There are therefore 135 hours available for class preparation and follow-up work and exam preparation.
Recommended prerequisites (modules):
None.
Recommended as prerequisite for:
Module coordinator:
Prof. Dr. Alexander Pöschl
Lecturer:
Prof. Dr. Alexander Pöschl


[updated 29.03.2022]
Learning outcomes:
After successfully completing this module, students will:
 
• be familiar with the basic conceptual features of entrepreneurship;
• be able to apply their practice-oriented basic knowledge of the start-up process to their own start-up or innovation projects;
• be able to independently analyze and evaluate ideas, innovations or business models;
• be familiar with the essential instruments of risk and start-up financing;
• be able to identify entrepreneurial challenges in start-ups, as well as small and medium-sized enterprises;
• be able to analytically grasp subject-relevant problems in this context and to recognise complex interrelationships.


[updated 27.01.2023]
Module content:
• Basics of entrepreneurship (e.g. definition, delimitation, characteristics, role and profiles of entrepreneurs and the team)
 
• Finding and generating ideas, opportunities and implementation
(including discovery versus development, evaluation of opportunities/ideas)
  
• Innovation, implementation and business models in start-ups (including definition, founding and innovation process, business models, market strategies, pivoting)
  
• Start-up and growth financing (including financing and growth phases, financial market and sources for start-ups, venture financing)
 
• Exits and buy-ins (including opportunities and implementing takeovers of existing companies as an entrepreneur, exits and succession).
 
• Case studies / practical examples


[updated 27.01.2023]
Teaching methods/Media:
Lecture, group project, presentation

[updated 27.01.2023]
Recommended or required reading:
Literature:
•        Fueglistaller / Müller / Müller / Volery, Entrepreneurship, Wiesbaden (Gabler Verlag), aktuellste Auflage.
•        Hisrich / Peters / Shepherd, Entrepreneurship, New York (McGraw Hill Education), aktuellste Auflage.
•        Bhide, The Origin and Evolution of New Businesses, New York (Oxford University Press), aktuellste Auflage.
•        Gartner, W.B. (1990). What are we talking about when we talk about entrepreneurship? Journal of Business Venturing, Vol. 5, No. 1, S. 15-28.
•        Pinkwart, A., Welter, F. und Kolb, S. (2005). Unternehmensnachfolge als Spezialproblem der Entrepreneurshipforschung. In: Brost H. / Thedens C. / Faust M. (Eds.), Unternehmensnachfolge im Mittelstand, Bankakademie-Verlag, Frankfurt am Main, S. 3-23.
•        Praag, C.M. van (1999). Some Classic Views on Entrepreneurship. De Economist, Vol. 147, No. 3, S. 311-335.


[updated 27.01.2023]
 
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