10MS314 ENTREPRENEURIAL DEVELOPMENT Credits 2:0:0 Course Objectives: Each student taking this course will be able to bring

out the Entrepreneurial spirit in him/her and ignite the ability to take risks and thing out of the box. At the end of the course each student will be able to Understand and appreciate the theories and practice of entrepreneurship Develop entrepreneurial behavior, skills and competencies Generate new ideas and evaluate the same with quantifiable techniques Apply the knowledge in solving personal and social problems. Dream and make choices for their future advancement and or the organization they work for Write a business plan for creating a small project Learning Outcomes: The student will be able to appreciate the value and importance of Entrepreneurship in India and its contribution towards the development of the economy The participant will be able to understand the nuances of motivating young entrepreneurs, design and offer developmental programs The student will develop the required skills to evaluate the market, economic and technical aspects before launching a start up business The student will be aware about the various financial terminologies and their applications for an entrepreneurial venture and The participant will be able to wisely advice and help start up firms and fresh entrepreneurs about the Government regulations and subsidies Unit I Fundamentals of Entrepreneur and Entrepreneurship: Entrepreneur Definitions & Concepts Characteristics of Entrepreneurs - Types of Entrepreneurs - Difference between Entrepreneur and Intrapreneur Family Business - Women Entrepreneurs Unit II Entrepreneurial Development: Motivation for Entrepreneurs Process of Entrepreneurial Development Social Entrepreneurship Rural Entrepreneurship - Risk Management Entrepreneurship Development Programs Idea generation and Business plan writing Unit III Project Management: Characteristics & ownership structure of SMEs - Steps involved in setting up a small business Market survey and Research - Techno economic and societal feasibility Assessment Preliminary Project Report Intellectual Property Rights Unit IV Financial Analysis: Break Even Analysis - Taxation Tax incentives Tax holidays - Service Tax Sales Tax and introduction to fundamentals of Financial Liabilities for an Entrepreneurial Venture

Unit V Government and Institutional Support: Institutional Support to Entrepreneurs Importance of Seed funding, Angel investors and Venture Capitalist - Sickness in small business - Government Policy for small scale enterprises - Expansion, Diversification, Joint venture, Merger and Sub-contracting Text Book 1. Charantimath, P.M. (2009). Entrepreneurship Development and Small Business Enterprise. (1st edn.), India: Pearson Education. Reference Books 1. Hisrich, R.D., Peters, M.P., and Shepherd, D.A. (2007). Entrepreneurship. (6th edn,). India: Tata McGraw Hill 2. Bruce R Barringer., R Duane Ireland (2009) Entrepreneurship Successfully Launching New Ventures (1st edn,) India, Pearson Education. 3. Desai, V. (2007). Dynamics of Entrepreneurial Development. (4th edn.), India: Himalaya Publishing House.