Vocational Skill & Entrepreneurship Development

Paper Code: 
NSS302
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

·         To describe the concept of entrepreneurial management, creativity and innovation.

To discuss the significance of corporate linkages for vocational skill development.

10.00

Vocational Skills & Entrepreneurial Management: The evolution of the concept of Vocational Skills & entrepreneurship, Identifying the Competencies of entrepreneurs and vocational skills, Types of entrepreneurs, Idea Generation, Identifying opportunities and Evaluation; Building the Team / Leadership; Strategic planning for business; Steps in strategic planning, Forms of ownership – Sole proprietorship; partnership; limited liability partnership and corporation form of ownership; advantages/disadvantages, Franchising; advantages/disadvantages of franchising; types of franchise arrangements; franchise contracts

9.00

Entrepreneurship, Creativity and Innovation: Stimulating Creativity; Organisational actions that enhance/hinder creativity, Managerial responsibilities, Sources of Innovation in Business; Managing Organizations for Innovation and Positive Creativity, Business Plan

9.00

Social Entrepreneurship: Introduction to Social Entrepreneurship; Characteristics and Role of Social Entrepreneurs; Start-Up and Early Stage Venture Issues in creating and Sustaining a Non-profits Organization; Financing and Risks; Business Strategies : Growth, stability strategy, Harvesting and Exit Strategies, Role of government in entrepreneurship Development

9.00

Family Business and Entrepreneurship : Family Business: Concept, structure and kinds of family firms ; Culture and evolution of family firm; Managing Business, family and shareholder relationships ; Conflict and conflict resolution in family firms ; Managing Leadership ,succession and continuity ; women's issues in the family business and related government policies ;Encouraging change in the family business system.

8.00

Corporate linkages for Vocational Skill Development:  Arrangement of funds;  sources of financing, Training Programmes at Companies, Self Help Groups

Essential Readings: 

. Burns, P. (2001). Entrepreneurship and small business. New Jersey :Palgrave.

2. Drucker, P. F. (2006). Innovation and entrepreneurship: Practice and principles. USA: Elsevier.

4. Hisrich, R., & Peters, M. (2002). Entrepreneurship. New Delhi: Tata McGraw Hill.

5. Holt, D. H. (2004). Entrepreneurship new venture creation. New Delhi: Prentice Hall of India.

6. Kaplan, J. (2004). Patterns of entrepreneurship. Wiley.

7. G.S Sudha (2013)  Fundamentals of Entrepreneurship. jaipur. New Delhi . R.B.D Publication

8. Vasant Desai (2011) Entrepreneurial Development. Himalaya Publishing House.

 

 

 

 

 

Academic Session: