Learning Outcomes
At the end of this course, students should be able to:
1. explain the concepts and theories of entrepreneurship, intrapreneurship, opportunity
seeking, new value creation, and risk taking;
2. state the characteristics of an entrepreneur;
3. analyse the importance of micro and small businesses in wealth creation, employment,
and financial independence;
4. engage in entrepreneurial thinking;
5. identify key elements in innovation;
6. describe stages in enterprise formation, partnership and networking including business
planning;
7. describe contemporary entrepreneurial issues in Nigeria, Africa and the rest of the world;
and
8. state the basic principles of e-commerce.
Course Contents
Concept of Entrepreneurship (Entrepreneurship, Intrapreneurship/Corporate
Entrepreneurship). Theories, Rationale and relevance of Entrepreneurship (Schumpeterian
and other perspectives, risk-taking, necessity and opportunity-based entrepreneurship and
creative destruction). Characteristics of Entrepreneurs (Opportunity seeker, risk taker, natural
and nurtured, problem solver and change agent, innovator and creative thinker).
Entrepreneurial thinking (Critical thinking, Reflective thinking, and Creative thinking).
Innovation (Concept of innovation, Dimensions of innovation, Change and innovation,
Knowledge and innovation). Enterprise formation, partnership and networking (Basics of
business plan, Forms of business ownership, business registration and forming alliances and
joint ventures). Contemporary Entrepreneurship Issues (knowledge, skills and technology,
intellectual property, virtual office, networking). Entrepreneurship in Nigeria (Biography of
inspirational entrepreneurs, youth and women entrepreneurship, Entrepreneurship support
institutions, Youth enterprise networks and environmental and cultural barriers to
entrepreneurship). Basic principles of e-commerce
