Description
Theory, history, and practice of entrepreneurship and small business management. Essentials of planning a new business venture, sources of financing (venture capital, angels, SBA/SBIR, etc.), evaluation of alternative new business ventures, and analysis of business functions needed to get started. Study of strategic alliances, business incubators, international entrepreneurship, intra-preneurs, "net-preneurs," and electronic commerce ventures.

Texts
New Venture Creation, Jeffrey Timmons, Richard Irwin Pub Co., 1998.
Innovation and Entrepreneurship, Peter Drucker, Harper Business, 1998.
Entrepreneuring: The Ten Commandments: building a Growth Company, Steven Brandt, Archipelago Publishing, 1996.

Objectives
· To understand the process and techniques for starting a new business venture.
· To understand the concepts of venture strategies.
· To develop a business plan.
· To examine how venture opportunities arise.
· How to choose a business idea to start-up a company.