ENT703THEORY OF ENTREPRENEURSHIP

ENT703: Theory of Entrepreneurship explores the foundational principles, models, and frameworks that underpin entrepreneurial thinking and practice. The course delves into the evolution of entrepreneurship, examining classical, neoclassical, psychological, sociological, and economic theories that explain entrepreneurial behavior and motivation. Students are introduced to key concepts such as opportunity recognition, innovation, risk-taking, value creation, and the entrepreneurial ecosystem. By analyzing different theoretical perspectives, learners gain a deeper understanding of the factors that drive entrepreneurship in various cultural, economic, and institutional contexts.

Through case studies, scholarly readings, and reflective assignments, ENT703 challenges students to critically assess how theory translates into entrepreneurial action in real-world settings. The course fosters analytical thinking, enabling students to evaluate different entrepreneurial strategies and identify the characteristics of successful entrepreneurs. It serves as a solid foundation for aspiring entrepreneurs, business strategists, and researchers who aim to understand and apply entrepreneurial principles to startups, corporate ventures, and social enterprises alike.