Entrepreneurship and Decision Analysis

Objectives

This course introduces students to the basics of entrepreneurship. It is intended that students are aware of all the elements necessary for their integration in business, to develop skills that enable them to broaden their understanding and subsequent adaptation to the business, both in terms of integration into the world of work, or the possibility of business creation and, of course, their own employment. It is intended to equip students with:

1. The underlying conceptual framework for enterprise and entrepreneurship,

2. Knowledge about the steps needed to create a company based on a business with added value;

3. The main tools for risk assessment and necessary resources to the creation of companies and businesses;

4. Knowledge of the main ways of financing investment projects;

5. The knowledge needed to take decisions under uncertainty.

Program

THEME I Entrepreneurship: concepts and determinants
THEME II Creativity, Innovation and Entrepreneurship
THEME III Steps to create a business
THEME IV Business creation programs
THEME V Entrepreneurship: financing
THEME VI Decision analysis: project management

Teaching Methodologies

In the lectures the elected methodologies are exposure, explanation, audiovisual and question/dialogue. After presented and discussed the issues under study, TP lessons are drawn to enable the knowledge consolidation and to enable their application through text analysis, case studies, role-play and simulation, varying the methodologies according to its applicability to the topic under study.

Bibliography

Acs, Z.J., Arenius, P., Hay, M., Minniti, M. (2005). “Global Entrepreneurship Monitor” 2004 Executive Report. Babson College e London Business School.

Audretsch, D.B. e Keilbach, M. (2004). “Entrepreneurship Capital: Determinants and Impact”. Discussion Papers on Entrepreneurship, Growth and Public Policy.

Bandura, A. (2000). “Cultivate Self-efficacy for Personal and Organizational Effectiveness”. em E. A. Locke (Ed.), Handbook of Principles of Organization Behaviour, 120-13. Oxford UK: Blackwell.

Cunha, R., et al. (2004), “Estudo de Avaliação do Potencial Empreendedor em Portugal em 2004”, Projecto GEM Portugal.

Hisrich, R.D. (2000). Entrepreneurial Dimensions: the Relationship of Individual, Venture, and Environmental Factors to Success. Entrepreneurship Theory and Practice.

Trigo, V.M. (2002). Entre o Estado e o Mercado: Empreendedorismo num Contexto de Mudança. Instituto Superior de Ciências do Trabalho e a Empresa (I.S.C.T.E.).