Below is information on two new business courses in entrepreneurship, open to all majors, that form the foundation for the upcoming minor in entrepreneurship. Both courses are offered in spring 2010 and there are still places for students in both.
Illinois offers many great courses in entrepreneurship and innovation, many of these are listed at this website: http://www.business.illinois.edu/ael/portal/courses.html
BADM 199 PM – Foundations of Entrepreneurship
Offered Tuesdays & Thursdays, 12:30-1:50pm, Spring 2010
This survey course will examine the challenges of creating and sustaining enterprises in today’s global environment. The course will provide an introduction to what entrepreneurship is and who entrepreneurs are from a philosophical, historical, and economic perspective. In addition to the theoretical frameworks, the course will explore entrepreneurial attributes like motivation, imagination, tenacity, adaptability and creativity. Finally, the course will provide an overview of the fundamental principles, processes, and requisite skill sets of entrepreneurship, including idea generation, opportunity analysis, and recognizing barriers to success. The course book of readings will be compiled from a diverse set of authors including Schumpeter, Drucker, Baumol, Harper, Barro, and Lipset, among others. Students will create a business plan for a real enterprise as an individual project.
BADM 395 LH2 – Entrepreneurship, Economic Development & Public Policy
Offered 3:30-4:50pm Mondays & Wednesdays, Spring 2010
Entrepreneurship does not flourish in every society. What is the relationship between entrepreneurship and economic development? What legal, political and economic structures must be in place in order for entrepreneurship to thrive? Using case studies and comparative methodologies, this course will examine legal and political systems, as well as social and cultural practices, in the context of their contribution or deterrent to entrepreneurship and corresponding economic development. Examples of the concepts discussed would include religious tolerance, civil liberties, private property and the rule of law. Studies of more developed nations will inquire into the effects of taxes, tort law, regulatory and trade policies. With respect to developing nations, special attention will be paid to theories about the exportability and/or modifiability of principles and practices viewed as essential to entrepreneurship, as well as its role in alleviating poverty and political oppression. Readings will include works by Schumpeter, Rand, Keynes, Galbraith, Sowell, Williams and Norberg, among others. Sophomores will be allowed to register with consent of the instructor.