International Entrepreneurship and Business Planning (ILV)

Course numberM4.05170.10.421
Course codeInEn&BP
Semester of degree program Semester 1
Mode of delivery Presencecourse
ECTS credits3,0
Language of instruction English

On successful completion of this course, students will:
understand the the role of international new ventures in a regional and global context
recognizing the role of the entrepreneur in setting up international new ventures
identify entrepreneurial opportunities on foreign markets
understand the challenges that international business ventures can face
assess country differences from an entrepreneurial perspective
understand the resource needs (in terms of human resources, informational resources, networks and financing) for launching and managing international new ventures
understand co-operation possibilities for international new ventures
identify and evaluate potential revenue sources and business models
develop a business plan for an international new venture

The importance of international entrepreneurship
The role of the entrepreneur in international new ventures
Identifying international business opportunities
International entrepreneurial strategy
Developing an international business plan
Resource needs for international new ventures (human resources, information, networks, financing)
Co-operation possibilities for international new ventures
The new venture launch, development and internationalization process
Case studies of international new ventures / born global firms
Project work: Creating a business plan for an international new venture

Cavusgil, S. T. & Knight, G. (2009). Born Global Firms: A New International Enterprise. New York: Business Expert Press.

Gabrielsson, M. & Manek Kirpalani, V. H. (2014). Handbook on Research on Born Globals. Cheltenham: Edward Elgar.

Hirsich, R. D. (2015). International Entrepreneurship: Starting, Developing, and Managing a Global Venture. 3rd ed. Thousand Oaks, CA: Sage Publications.

business plan project

International new venture business plan project (70%)
Class participation (10%)
Reflection (20%)