The Foundations of Entrepreneurship (B-KUL-D0O40A)

6 ECTSEnglish39 First term
OC Toegepaste economische wetenschappen FEB Campus Leuven

Upon completion of this course, the student will be able to:
 • Define, clarify and assess what the key contributions to the academic field of entrepreneurship research have been by economics, psychologists, sociologists.
 • Illustrate how the disciplinary perspectives can be combined into a more holistic understanding of the entrepreneurial process.
 • Explain the methodological challenges, strengths and weaknesses that each of these perspectives faces in theorizing and studying the entrepreneurial process.
 • Assess the merit of scholarly work and distill practical and theoretical implications from original research articles.

 

At the beginning of this course, students should have a basic knowledge in economics, business, sociology or psychology.

Activities

6 ects. The Foundations of Entrepreneurship (B-KUL-D0O40a)

6 ECTSEnglishFormat: Lecture39 First term
OC Toegepaste economische wetenschappen FEB Campus Leuven

This course introduces you to the foundations of the academic field of entrepreneurship and new business venturing. You will review the implications of different answers that have been provided to three of the most fundamental questions in the field of entrepreneurship: [1] Who becomes an entrepreneur, [2] Why do they become entrepreneurs, and [3] How do they do it. Characteristic to the field of entrepreneurship is that valuable answers have been provided by economists, sociologists and psychologists. In this course you will explore the merit of these disciplinary answers to an inherently interdisciplinary filed.

As such, this course familiarizes you with seminal and contemporary contributions to the field and their practical implications. It allows you to judge advances in theory development, and to recognize (and position yourself in) the intellectual debates in our field. 

The course will use an (e-)reader of scholarly papers that will be available through Toledo.

Interactive lectures in which the readings (that the students have studied PRIOR to class) are discussed, contrasted and integrated

Evaluation

Evaluation: The Foundations of Entrepreneurship (B-KUL-D2O40a)

Type : Partial or continuous assessment with (final) exam during the examination period
Description of evaluation : Written, Presentation


FEATURES OF THE EVALUATION

  • The student will be evaluated on basis of a class assignment and a written closed book exam.
  • The class assignment can consist of (group) presentations featuring the critical discussion of pre-assigned academic papers.
  • The written exam is closed book and assesses the extent to which the student has internalized the key insights from the readings (i.e., the scholarly papers in the course pack and the assigned book chapters) that were studied to prepare for and discussed in the lectures. The exam may contain both open essay and multiple choice questions (for the latter a penalty correction for guessing might be applied).


DETERMINATION OF FINAL GRADES

  • The grades are determined by the lecturer, as announced via Toledo and stated in the examination schedule. The result is calculated and communicated as a whole number on a scale of 20.
  • The final grade is a weighted score and consists of the following components:
    • 25% on a class assignment
    • 75% on a written, closed book exam
  • If the student does not participate in one (or more) of the partial evaluations, the grades for these partial evaluations will be a 0-grade within the calculations of the final grade.
  • If the student does not participate in the written exam, the final grade of the course will be NA (not taken) for the whole course.

SECOND EXAMINATION OPPORTUNITY

  • The features of the evaluation and determination of grades are similar to those of the first examination opportunity, as described above.
  • When the student has to redo the class assignment, an alternative individual assignment will be provided.