Faculty: Scholhammer, H., Abe, G. Scheinrock, J., or Geis, G.
This course focuses on the important aspects of starting a new business enterprise with emphasis on the challenges faced by an entrepreneur (or group of entrepreneurs) in initiating a business venture and directing its early development. Particular attention is paid to personal characteristics of successful entrepreneurs, the process of forming a business venture, the identification and evaluation of new venture opportunities, the legal structure and organization of a new business, new venture financing, team building and the development of an appropriate entry strategy. The course also focuses on selected entrepreneurial challenges such as the rapid growth and management succession.
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