ISBN #: ISBN #: DATE/EDITION: 2011/2 nd Edition DATE/EDITION: 2015

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1 Voyage: SPRING 2017 Discipline: Management Course Number and Title: MGT 340 Fundamentals of Entrepreneurship Division: Upper Faculty Name: Scott Marshall Semester Credit Hours: 3 Prerequisites: None COURSE DESCRIPTION In this course, entrepreneurship is approached as a way of thinking and acting that can be learned as well as a cultural value that influences national laws and institutions. Structured as a survey course, participants will explore entrepreneurship from many perspectives. It will begin at the institutional level, exploring how entrepreneurship manifests in the informal and formal sectors based on the level of political-economic development in different countries. Next, participants will learn about entrepreneurship at the organizational level, with specific emphasis on the evolution from start-up enterprises to sizeable corporations. Then we ll explore particular types of entrepreneurial organizations, including those that are born global and those that are founded with social and/or environmental missions. Finally, participants will focus on the individual perspective in terms of entrepreneurial mindset and reflect on themselves as entrepreneurs. Lectures, case studies and group exercises and presentations will be integrated throughout the course. LEARNING OBJECTIVES After completing this course, the successful student will be able to: Understand what entrepreneurship is and how it develops in different country contexts. Gain personal perspectives on what it means to be an entrepreneur and possess an entrepreneurial mindset. Utilize Blue Ocean Strategy tools to develop and assess the value of a new venture ideas. Strengthen research and verbal communication through multiple presentation opportunities. REQUIRED TEXTBOOKS AUTHOR: John Bessant and Joe Tidd AUTHOR: W. Chan Kim and Renee Mauborgne TITLE: Innovation and Entrepreneurship TITLE: Blue Ocean Strategy PUBLISHER: John Wiley & Sons, Inc. PUBLISHER: Harvard Business Review Press ISBN #: ISBN #: DATE/EDITION: 2011/2 nd Edition DATE/EDITION: 2015 OTHER COURSE MATERIALS - Porter, Michael E. "Location, Competition and Economic Development: Local Clusters in a Global Economy." Economic Development Quarterly 14, no. 1 (February 2000): Global Entrepreneurship Monitor Global Report - Global Entrepreneurship Monitor India 2014

2 CLASS SCHEDULEE WITH TOPICAL OUTLINE - Global Entrepreneurship Monitor Vietnam Global Entrepreneurship Monitor South Africa Jean-Pierre Cling, Mireille Razafindrakoto and Francois Roubaud To be or not to be registered? Explanatory factors behind formalizing non-farm household businesses in Vietnam Journal of the Asia Pacific Economy 17, 4: Case Study: Srinivasan Services Trust: Combating poverty with entrepreneurship. MIT Management/Sloan School. - Case Study: Madecasse: Competing with a 4X fairtrade model. oikos case collection. - Case Study: Tropical Salvage: From Recession to Expansion. oikos case collection. - Case Study: Guayaki: Securing supplies, strengthening the mission. oikos case collection. - Case Study: Resolute Marine Energy: Power in waves. MIT Management/Sloan School.

3 Day Topics Reading Deliverables January 5 th Depart Ensenada A1-January 7 th Course Overview: In-Class (#1) Short o Objectives, Content and Deliverables o Field Experience and Field Assignment Essay: Entrepreneurship is A2-January 9 th Intro to Innovation and Entrepreneurship Chapter 1, I&E No assignment A3-January 11 th January 17 th A4-January 14 th A5-January 17 th What is the Entrepreneurship Imperative? Global Context of Innovation and Entrepreneurship Role of Innovation and Entrepreneurship in Economic and Social Development Sustainability as Ethos and Practice of Innovation and Entrepreneurship Innovation: Regional Clusters as Innovation Instigators Entrepreneurship: Country and Culture SAS Countries Entrepreneurial Environment Individual Characteristics of Innovation and Entrepreneurship o The Entrepreneurial Mindset Organizational Characteristics of Innovation and Entrepreneurship Chapter 3, I&E Honolulu Porter, GEM 2016, Part 1 Chapter 4, I&E In-Class (#2) Quiz: Chapters 1 and 2, I&E In-Class (#3) Team Presentations: SAS Countries Entrepreneurial Context from GEM 2016 In-Class (#4) Exercise: Entrepreneurial Mindset Self- Assessment A6-January 20 th Sources of Innovation Chapter 5, I&E In-Class (#5) Quiz: Chapters 4 & 5, I&E A7-January 22 nd Value Innovation Strategy Canvas Four Actions Framework Chapters 1 & 2, BOS In-Class (#6) Exercise: BOS Canvas and Framework January 24 th -28 th Kobe A8-January 29 th Opportunity Search Chapter 6, I&E Chapter 3, BOS In-Class (#7) Exercise: Applying BOS Canvas and Framework Jan 31 st -Feb 5 th Shanghai A9-February 6 th Customers and Markets Chapter 5, BOS No assignment A10-February 8 th Entrepreneurship in Vietnam GEM-Vietnam 2014 Cling et al, 2012 Individual Essay #1 February 10 th - Ho Chi Minh City 14 th A11-February Debrief: Vietnam Entrepreneurship 15 th No reading No assignment Reconciling Expectations and Perceptions A12-February Strategic Sequence Chapter 6, BOS In-Class (#8) Exercise: 18 th Applying BOS Strategic Sequence

4 Yangon February 20 th - 24 th A13-February Entrepreneurship in India GEM-India th A14-February 27 th Case Analysis and Discussion Field Experience Preparation Srinivasan Services Trust March 1 st -6 th Kochi Field Experience A15-March 10 th Social & Environmental Entrepreneurship CS: Madecasse #1 March 12 th Port Louis A17-March 13 th Social & Environmental Entrepreneurship CS: Tropical #2 Salvage March 15 th No Class ASSIGNMENTS (1) In-Class Assignments. There are eight (8) In-Class assignments. Essays, exercises and mini-presentations will be required during certain classes, particularly in the first half of the semester. Each of these in-class assignments are worth 10 points for a total of 80 points. & Buyer Utility Case Discussion based Case Discussion based Case Discussion based A18-March 16 th Born Global Entrepreneurs CS: Guayaki Case Discussion based A19-March 18 th Entrepreneurship in South Africa GEM South Africa 2014/15 CS: Resolute Marine Energy Team BOS Application based March 19 th -24 th Cape Town A20-March 26 th Debrief: Cape Town Entrepreneurship No reading Individual Essay #2 Reconciling Expectations and Perceptions A21-March 28 th Born Global Entrepreneurs #2 Case Discussion based March 29 th No Class Mar 31 st -Apr 3rd Accra A22-April 4 th Comparative Contexts of Entrepreneurship (IFA) Presentations and Discussion Leadership A23-April 6 th Comparative Contexts of Entrepreneurship (IFA) Presentations and Discussion Leadership A24-April 9 th Comparative Contexts of Entrepreneurship (IFA) Presentations and Discussion Leadership April 10 th April 11 th -14 th A25-April 15 th April 19 th Study Day Casablanca A Day Finals Hamburg

5 (2) Individual Essays. There are two individual essays to complete during the semester. Each essay will be typed, no more than one page and using between words. The basis of your evaluation on each Individual Essay will be the extent to which you integrate your original thoughtful insights with the readings and discussions. Each Individual Essay will be worth 20 points for a total of 40 points. Individual Essay #1: Due at the beginning of class on February 8 th. The title of this essay is Expectations of Entrepreneurship in HCMC. Based on the readings and discussions thus far, write an essay that addresses two basic questions: What you expect to witness in terms of entrepreneurship in HCMC? Why you expect to witness entrepreneurship as you suggest? Individual Essay #2: Due at the beginning of class on March 26 th. The title of this essay is Reconciling Expectations with Reality in CT. Based on the readings and discussions thus far, write an essay that addresses two basic questions: What are the similarities and differences between what you expected to see in terms of entrepreneurship in CT and what you actually witnessed? What do you believe are the key determinants of the success and failure of entrepreneurial ventures in CT? (3) Field Class & Assignment Field Class attendance is mandatory for all students enrolled in this course. Do not book individual travel plans or a Semester at Sea sponsored trip on the day of your field class. Field Classes constitute at least 20% of the contact hours for each course, and are developed and led by the instructor. Kochi, India The field class is planned for Wednesday, March 1 st. The Field Class and Assignment is worth 50 points. Upon completing the field class, each student will write an Entrepreneurial Context and Entrepreneur s Profile Paper. It will be no more than 4 pages long with between 1250 to 1500 words. Our primary host will be NASSCOM (National Association of Software and Services Companies) and its Start-Up Warehouse in Kochi. There three outcomes to be achieved by this field class: (1) Gain a deeper understanding of the characteristics of the entrepreneurial environment in India (2) Understand the role of NASSCOM in facilitating entrepreneurial activities in Kochi (and India, more broadly) and (3) Enhance your knowledge of the challenges faced by individual entrepreneurs when starting and attempting scale new enterprises in India. Our field class will include a visit and tour of NASSCOM-Kochi and the Start-Up Warehouse, presentations by NASSCOM-Kochi leadership on the entrepreneurial environment in Kochi and the operations of the Start-Up Warehouse, and discussions with individual entrepreneurs. Based on your own research prior to and during the Field Class, you will write a paper the fully explores the context for entrepreneurship in Kochi. In addition, you will interview and write a profile of one entrepreneur, exploring the challenges s/he faced, if and how these challenges have been overcome and what are the future aspirations in terms of scale and scope of her/his business.

6 (4) Independent Field Assignment The Comparative Contexts of Entrepreneurship: One of the main objectives of this course is to raise your awareness of the global business environment and cultural differences on business practices. The Comparative Contexts of Entrepreneurship assignment is designed with that objective in mind. You will be asked to conduct research on the cultural, political, economic and technological environment in two SAS Spring 2017 countries and discuss the implication of your findings from the viewpoint of young ventures in these countries. The goal of this assignment is to apply the concepts learned in class to a real-life context, stimulate discussion and enrich the class by providing information that is going beyond the material covered by lectures and readings. While you will be asked to answer several specific questions in your report, you are also encouraged to include your own views, reflections and, if applicable, findings based on your own experience. You will be scheduled to present a summary of your findings and observations/reflections in a 10 minute oral report and a five-page write-up (doublespaced, 1 inch margins). This is an individual assignment. In presenting your findings, you are encouraged, but not required, to adopt a creative, multi-media approach (PowerPoint, short audio/video clips, props, cultural artifacts, sample food items, etc.). The evaluation criteria are (1) the degree to which the concepts discussed in class are applied and integrated in the written and oral report, (2) quality of the written report, (3) quality and creativity of the oral report (i.e., engaging delivery and staying within the time limit). Student teams will be scheduled to present during the last three full class days of the semester. Summary: Assignments and Points In-Class Assignments 10 points each 80 Individual Essays 20 points each 40 Field Class Assignment Independent Field Assignment Total Points Potentially Earned 220 GRADING SCALE The following Grading Scale is utilized for student evaluation. Pass/Fail is not an option for Semester at Sea coursework. Note that C-, D+ and D- grades are also not assigned on Semester at Sea in accordance with the grading system at Colorado State University (the SAS partner institution). Pluses and minuses are awarded as follows on a 100% scale: Excellent Good Satisfactory/Poor Failing %: A %: A 90-92%: A %: B %: B 80-82%: B %: C %: C 60-69%: D Less than 60%: F ATTENDANCE/ENGAGEMENT IN THE ACADEMIC PROGRAM

7 Attendance in all Semester at Sea classes, including the Field Class, is mandatory. Students must inform me prior to any unanticipated absence and take the initiative to make up missed work in a timely fashion. I will make reasonable efforts to enable you to make up work which must be accomplished under my supervision. In the event of a conflict in regard to this policy, you may appeal using established CSU procedures. LEARNING ACCOMMODATIONS Semester at Sea provides academic accommodations for students with diagnosed learning disabilities, in accordance with ADA guidelines. Students who will need accommodations in a class, should contact ISE to discuss their individual needs. Any accommodation must be discussed in a timely manner prior to implementation. A memo from the student s home institution verifying the accommodations received on their home campus is required before any accommodation is provided on the ship. Students must submit this verification of accommodations to academic@isevoyages.org as soon as possible, but no later than two months prior to the voyage. STUDENT CONDUCT CODE The foundation of a university is truth and knowledge, each of which relies in a fundamental manner upon academic integrity and is diminished significantly by academic misconduct. Academic integrity is conceptualized as doing and taking credit for one s own work. A pervasive attitude promoting academic integrity enhances the sense of community and adds value to the educational process. All within the University are affected by the cooperative commitment to academic integrity. All Semester at Sea courses adhere to this Academic Integrity Policy and Student Conduct Code.