DRAFT SYLLABUS

SUBJECT: ENTREPRENEURSHIP DEVELOPMENT

 OBJECTIVE

The objective is to enable students to understand the basic concepts of entrepreneurship and prepare
Business­plan to start a small industry.

Unit 1
Introduction – Meaning & Definition of Entrepreneurship, Entrepreneur & Enterprise – Differences
Between Entrepreneurship, Types of Entrepreneurs ­ Functions of Entrepreneur – Role of Entrepreneur 
for Economic Development 

Unit 2
Creativity and Innovation: Definition Creativity Process­ Sources of New Ideas­ Innovation­ 
Principles­ Why Innovate? Sources of Innovation

Unit 3
How to Start a Small Business? Identification of Business opportunity, scanning the environment for 
opportunities, evaluation of alternatives and selection based on personal competencies – 

Steps involved in starting a business venture – Location, Clearances and Permits required, Formalities, 
Licensing and Registration Procedures ­Assessment of the market for the proposed project ­ Importance 
of financial, technical and social feasibility of the project.

Unit 4
PREPARATION OF BUSINESS PLAN: Business Plan­Meaning and objectives and advantages of BP,
Business Plan Process ­ Common pitfalls to be avoided in preparation of a BP Typical BP format – Facets
of a Business Plan­   Financial ­ Marketing ­ Human Resources ­ Technical   and   Social: Project Report 
Preparation

Unit 5
Institutional Support to Small Scale Industries:Importance of financing MSME sector in India­ 
Central and State level institutions SIDBI, NABARD, IDBI, Commercial Banks, State Financial 
Corporations, DICs SIDO, NSIC, KVIC, 

Reference Books:
1. David Holt, Entrepreneurship – New Venture Creation, PHI
2. Rober D. Hisrich, et al Entrepreneurship, McGrawhill Co, 2016
3. Vasant Desai, Dynamics of Entrepreneurial Development and Management, HPH, 2015
4. Dr. Mathew J. Manimala, Entrepreneurship Theory at Crossroad, Biztantra publications
5. PoornimaCharantimath Entrepreneurship Development-Small Business Enterprises,
Pearson Edition, 2015
6. Rajiv Roy, Entrepreneurship, Oxford University Press
7. Mark. J. Dollinger, Entrepreneurship – Strategies and Resources, Pearson Edition.
8. Satish Taneja: Entrepreneur Development, HPH.
17MBA 402  ENTREPRENEURSHIP AND NEW VENTURE CREATION

1.Introduction to Entrepreneurship
Importance,DefinitionandTypes of Entrepreneurs,Charms ofbeing an Entrepreneur,
Entrepreneurial Competencies,Managerial versus Entrepreneurial Decision Making; Myths
about entrepreneurship; Role of Entrepreneurs in economic development
Entrepreneurship Development Eco-system; Start up Policy, MSD &E ;International
Entrepreneurship Opportunities

2. Entrepreneurial Motivation – Theories – Entrepreneurial Competencies – Developing

Competencies – Role of Entrepreneur Development Programs – Assistance Program
for Small Scale Units – Institutional Framework

3. Business Opportunity Identification and Selection, Environmental dynamics and changes,

Business Opportunities in emerging environment, challenges of new venture start-ups,
Pit falls in selecting new ventures, Critical factors for new venture development, Why
new ventures fail, Sources of Finance for New Venture.

4. Feasibility Analysis and Business Plan Preparation : Feasibility analysis of Industry,

Market , Product or service and Finance ; Business plan – Meaning, Significance, contents,
formulation and presentation of Business Plan, Common errors in Business Plan formulation and
measures to check errors.

5. Legal Aspects of Entrepreneurship :Identifying legal structures, Selection of an

appropriate legal structure, Sole proprietorships, Partnerships, Companies, Companies under
section 25, Franchising, Legal environment – patents, copyrights, trademarks

6. Managing a New Venture: Marketing management- Financial Management and HRM aspects in
a new venture

Reference Books:

1. David Holt, Entrepreneurship – New Venture Creation, PHI

2. Rober D. Hisrich, et al Entrepreneurship, McGrawhill Co, 2016
3. Vasant Desai, Dynamics of Entrepreneurial Development and Management, HPH, 2015
4. Dr. Mathew J. Manimala, Entrepreneurship Theory at Crossroad, Biztantra publications
5. PoornimaCharantimath Entrepreneurship Development-Small Business Enterprises,
Pearson Edition, 2015
6. Rajiv Roy, Entrepreneurship, Oxford University Press
7. Mark. J. Dollinger, Entrepreneurship – Strategies and Resources, Pearson Edition.
8. Satish Taneja: Entrepreneur Development, HPH.