New Venture Creation: Entrepreneurship for the 21st Century

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Structured around the author's tried-and-tested New Venture Creation framework, this textbook encourages practical learning, enabling you to launch and develop your business. This book is being published under Platinum Open Access through funding from Diponegoro University, Indonesia. Step-by-step, chapter-by-chapter, it guides you through the whole process of planning for a new venture - from generating an idea, through developing the business model, and raising finance. This module draws on academic and entrepreneurial experts to bring their expertise and knowledge related to entrepreneurship into your learning journey. In the majority of sessions, you will use case studies and/or exercises to illustrate how these concepts can be applied in specific strategic situations.

The course also seeks to help participants to develop a greater awareness of their personal goals, motivations, strengths and limitations in the context of venture creation and growth, particularly in the context of forming new ventures or joining a new young venture. Students will also be given the opportunity to voluntarily participate in the Business School and University enterprise competitions, individually or in teams, to gain further experience (e. Students will learn and practice new venture creation from idea generation and opportunity development through to planning the launch of a business. Flexible payment options are available (see details below as well as at the top of this programme web page next to FEE). This allows you to share your credentials on social networking platforms, such as LinkedIn, Facebook and Twitter.Prospective Students: If you have a query about a specific module or degree programme, please Ask Us. The module examines the identification of new business opportunities, starting, managing and marketing a new venture, writing a business plan, and raising finance. Be able to demonstrate their understanding of the complex (and dynamic) processes of business start-up (eg. The course will be taught as ten two-hour sessions which require students to work in groups to create a coherent and viable business concept which will be presented to an external panel in the last class session.

Planning and organising skills - developed through team project and development of individual business plans.His experience includes working for industrial organisations as well as serving as a Director at a top global consulting organisation and several entrepreneurial ventures. You will understand why you should consider starting a company, how to manage pressure to form one, and what success may look like.

Access to the learning platform is restricted to registered participants per the terms of agreement. This programme offers a great opportunity to equip yourself with the knowledge required to develop and refine your business creation strategy and to provide you with an academic underpinning in the process.Regardless of module text and distributed or cited references papers, it is expected that you will all keep abreast of contemporary business activity. Meaning of Venture Creation The process of turning a new idea or technology into a business that can succeed and will attract investors: Potential entrepreneurs trying to identify a possible business idea, pay attention to everything in the media that relates to venture creation. Developing the idea, analyzing the viability, creating opportunities, purpose and contents of a business plan, unique selling point and differentiating factors. This simultaneously draws upon, and develops foundations necessary for, companion studies in strategic management, marketing, finance and organisational behaviour. This guide will give you a better context to understand the language of startups, venture capitalists, angel investors, and incubators.