Entrepreneurship and Innovation

At the end of the course, students should be able to: 1. define Entrepreneurship; 2. explain the characteristics of Entrepreneurship and Success secrets; 3. describe the Theories and Psychology of Entrepreneurship; 4. explain the Theories and Psychology of Entrepreneurship; 5. describe the forms of Business Classification and Ownership; 6. explain the Scale of Business Operations and Locations; and 7. explain the Process of Establishing a Business and Practical Registration of a Business Enterprise.

This course is designed to be the student’ second encounter with the ECSA Programme and business/enterprise creation is expected to form its focus of attention. At the end of this course, every student is expected to have conceived and registered a business enterprise or an organisation to be used as the vehicle for the actualization of the dream product (idea) approved at the end of the first semester course GNS 203. The students are to be taken through: Definition and Conceptual Clarification of Entrepreneurship, The Characteristics of Entrepreneurship and Success Secrets, Theories and Psychology of Entrepreneurship, Definition of Business (the Enterprise, the Activity), Business: Its Characteristics and Objectives, Business Classification and Ownership Forms, The Scale of Business Operations and Locations, The Theory of the Business, The process of establishing a business and practical registration of a business enterprise.