Theory of Entrepreneurship
- Management Sciences
- 200 level
- 2 credit units
- 187 pages
- 15 units
This course introduces undergraduate students to the theories underpinning entrepreneurship. It explores core concepts, principles, and strategies essential for aspiring entrepreneurs, with a focus on the Nigerian business environment. The course examines various theories from multidisciplinary perspectives, highlighting contributions to entrepreneurship development. Students will gain insights into entrepreneurship development in Nigeria and the contributions of notable figures.
About this course
- Difficulty
- Intermediate
- Study hours
- 208 hours
- Maths
- Basic
- Content
- Theoretical, case study
- Practical work
- No
- Assignments
- Tutor marked assessments
- Final examination
What you'll read
The real module and unit structure of ENT209, taken from the course material NOUN publishes.
One paragraph, so you can see how it reads
ENT209 · UNIT 1: CONCEPT OF ENTREPRENEURSHIP
In this unit, we shall be defining entrepreneurship from various scholars, views of entrepreneurship from various schools, definitions of entrepreneurship and characteristics of an entrepreneur.
What you should be able to do
- Define entrepreneurship from different perspectives
- Classify different types of entrepreneurs
- Explain major theories of entrepreneurship
- Analyze the role of entrepreneurship in economic development
- Evaluate the challenges and opportunities for entrepreneurs in Nigeria
What it prepares you for
- Business Owner
- Entrepreneur
- Business Consultant
- Business Manager
- Start-up Founder
- Small and Medium Enterprises
- Technology
- Agriculture
- Manufacturing
- Consulting
Where it gets hard
The units students slow down on, and what makes each one heavy.
- Module 2:
Unit 1: Economic theory of entrepreneurship
Requires understanding of economic models and their assumptions, which can be abstract and challenging to apply in real-world scenarios.
- Module 2:
Unit 2: Psychological theory
Involves understanding complex psychological concepts and their application to entrepreneurial behavior, requiring critical analysis.
- Module 2:
Unit 3: Sociological theory
Requires understanding of sociological concepts and their application to entrepreneurial behavior, involving critical analysis.
A suggested way through it
13 weeks, about 60 hours in total. Yours will differ.
- Week 1Module 1:
Unit 1: Concept of entrepreneurship · 4 hours
Read the definition of entrepreneurship from various scholars.. Discuss views of entrepreneurship.. Identify the characteristics of an entrepreneur..
- Week 2Module 1:
Unit 2: Classification of entrepreneurship · 4 hours
Discuss Clarence Danhof Classification of Entrepreneurship.. Explain Arthur H. Cole Classification of Entrepreneurship.. Classify Entrepreneurship on the Basis of Ownership..
- Week 3Module 1:
Unit 3: Historical background of Entrepreneurship · 4 hours
Discuss evolution of entrepreneurship from the earlier period.. Analyze evolution of entrepreneurship from Middle East.. Explain evolution of entrepreneurship from the 17th Century..
- Week 4Module 2:
Unit 1: Economic theory of entrepreneurship · 4 hours
Describe who an entrepreneur is from the economic school of entrepreneurship.. Discuss features/Assumptions of the economic theory of entrepreneurship.. Identify economic factors that discourage or encourage entrepreneurship..
- Week 5Module 2:
Unit 2: Psychological theory · 4 hours
Discuss over view of psychological theory.. Analyze personality trait.. Explain Need for achievement (observation/Criticism)..
- Week 6Module 2:
Unit 3: Sociological theory · 4 hours
Discuss Sociological theory of entrepreneurship.. Identify social context in relation to entrepreneurship.. Describe how ethnicity affect entrepreneurship..
- Week 7Module 2:
Unit 4: Innovation theory · 4 hours
Describe an overview innovation theory.. Discuss functions of innovation theory.. Identify criticism of innovation theory..
- Week 8Module 2:
Unit 5: Other theories of entrepreneurship · 4 hours
Describe Max Weber's theory of entrepreneurial growth.. Discuss Exposure theory of entrepreneurship.. Explain Ronald Burt's theory of entrepreneurship..
- Week 9Module 3:
Unit 1: Contributors to the economic theory of entrepreneurship · 4 hours
Discuss contributors to the economic theory of entrepreneurship.. Analyze contributors to the classical school of thought.. Identify contributors to the neo-classical school of thought..
- Week 10Module 3:
Unit 2: Contributors to the psychological theory · 4 hours
Discuss contributors to the need for achievement theory.. Analyze contributors to social learning theory.. Identify contributors to the psychodynamic model..
- Week 11Module 3:
Unit 3: Contributors to the sociological theory · 4 hours
Discuss contribution of Max Weber.. Analyze contribution of Leland Jenks.. Identify contribution of Thomas Cochran..
- Week 12Module 4:
Unit 1: Entrepreneurship development in Nigeria · 4 hours
Discuss the evolution of entrepreneurship development in Nigeria.. Identify the challenges of entrepreneurship in Nigeria.. Explain contribution of Entrepreneurship to Socio-Economic Development of Nigeria..
Unit 2: Fostering a culture of entrepreneurship in Nigeria · 4 hours
Discuss the role of education in developing entrepreneurial skills.. Explain government initiatives and support programs.. Identify importance of mentorship and role models..
- Week 13Module 4:
Unit 3: Contribution of successful Nigeria entrepreneurs to entrepreneurship development · 4 hours
Discuss contributions of notable entrepreneurs in Nigeria and their impact towards entrepreneurship development in Nigeria.. Discuss Specialized Institutions for Entrepreneurship Development In Nigeria..
Unit 4: Specialized institutions for entrepreneurship development · 4 hours
Discuss Nigerian Industrial Development Bank (NIDB).. Explain Nigerian Bank for Commerce and Industry (NBCI).. Discuss The National Economic Reconstruction Fund (NERFUND)..
Preparing for the exam
- Create a study schedule allocating specific time for each module.
- Summarize key concepts and theories from each unit.
- Practice applying theories to real-world business scenarios.
- Review all self-assessment exercises and tutor-marked assignments.
- Focus on understanding the Nigerian context of entrepreneurship development.
- Create concept maps linking Units 3-5 database concepts
- Practice SQL queries from Units 7-9 weekly
- Complete all TMAs at least a week before the deadline to allow time for review
- Form a study group to discuss challenging concepts and share notes
- Review and practice past questions, focusing on areas of weakness
Questions students ask about this course
What is ENT209 about?
This course introduces undergraduate students to the theories underpinning entrepreneurship. It explores core concepts, principles, and strategies essential for aspiring entrepreneurs, with a focus on the Nigerian business environment. The course examines various theories from multidisciplinary perspectives, highlighting contributions to entrepreneurship development. Students will gain insights into entrepreneurship development in Nigeria and the contributions of notable figures.
How many units does ENT209 have?
ENT209, Theory of Entrepreneurship, has 15 units across 4 modules, over 187 pages of course material. You can read it one unit at a time.
How many credit units is ENT209?
ENT209 carries 2 credit units, at 200 level in Management Sciences.
Is ENT209 hard?
ENT209 is rated intermediate level, with basic mathematical content. It is mostly theoretical and case study work.
How long does ENT209 take to study?
About 208 hours of study, spread across its 15 units.
How is ENT209 assessed?
ENT209 is assessed by assignments, tutor marked assessments and final examination.
What can I do with ENT209?
Business Owner, Entrepreneur, Business Consultant, Business Manager and Start up Founder.