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ENT301

Sociology Of Entrepreneurship

This course explores the sociology of entrepreneurship, examining its emergence, theories, and impact on economic development, particularly within the Nigerian context. It delves into the social profiles and personality traits of entrepreneurs, dispelling negative perceptions and highlighting their role as nation builders. The course covers various entrepreneurship theories, including economic, psychological, sociological, and anthropological perspectives. It also addresses factors affecting entrepreneurial growth and the importance of ethics in business.

About this course

Difficulty
Intermediate
Study hours
19.5 hours
Maths
None
Content
Theoretical, case study
Practical work
No
How it is assessed
  • Assignments
  • Tutor Marked Assignments
  • Final Examination

One paragraph, so you can see how it reads

ENT301 · UNIT 1 INTRODUCTION TO SOCIOLOGY OF ENTREPRENEUR

There are two major planks of interest in this lecture in the study of the sociology of the entrepreneur. These are (i) concerns about the entrepreneur's perceived social position and (ii) issues relating to his psychologically based traits. We shall discuss the early and contemporary views of the entrepreneur's social profile first and then his basic psychological traits later.

What you should be able to do

  1. Analyze the social and psychological factors influencing entrepreneurial behavior.
  2. Evaluate different entrepreneurship theories and their applicability in various contexts.
  3. Assess the impact of entrepreneurship on economic development, particularly in Nigeria.
  4. Identify the challenges and opportunities for entrepreneurial growth in Nigeria.
  5. Develop strategies for fostering entrepreneurial culture and values.
  6. Apply ethical principles in entrepreneurial decision-making.

What it prepares you for

Careers
  • Business Owner
  • Entrepreneur
  • Business Consultant
  • Project Manager
  • Business Development Manager
Where it is applied
  • Small and Medium Enterprises (SMEs)
  • Start-ups
  • Business Consulting
  • Economic Development Agencies
  • Non-profit Organizations

Where it gets hard

The units students slow down on, and what makes each one heavy.

  • Module 2: Entrepreneurship and Entrepreneurship Theories

    Unit 4: Entrepreneurship and Entrepreneurship Theories

    The Austrian Market Process (AMP) requires understanding complex economic systems and human behavior within those systems.

  • Module 3: Emergence and Development of Entrepreneurship

    Unit 9: Sociology of Entrepreneurship in Nigeria Economic Development

    Understanding the nuances of Nigeria's economic history and its impact on entrepreneurial development requires critical analysis.

A suggested way through it

Suggested

13 weeks, about 28 hours in total. Yours will differ.

  1. Week 1Module 1: Introduction to Sociology of Entrepreneurship
    • Unit 1: Introduction to Sociology of Entrepreneurship · 2 hours

      Read the introduction to understand the economists' perspective on the sociology of entrepreneurship.. Study the early and contemporary views of the entrepreneur's social profile.. Identify the personality traits of entrepreneurs..

  2. Week 2Module 1: Introduction to Sociology of Entrepreneurship
    • Unit 2: Personality Traits of the Entrepreneur · 2 hours

      Examine the concept of achievement motivation and its importance.. Explore the traits of innovativeness, independence, risk-taking, leadership, and optimism.. Reflect on how these traits contribute to entrepreneurial success..

  3. Week 3Module 1: Introduction to Sociology of Entrepreneurship
    • Unit 3: Determinants of Entrepreneurial Personality · 2 hours

      Study the genetic influences on personality development.. Analyze the influence of group membership, role, and social class.. Examine situational determinants and their impact on entrepreneurial personality..

  4. Week 4Module 2: Entrepreneurship and Entrepreneurship Theories
    • Unit 4: Entrepreneurship and Entrepreneurship Theories · 2 hours

      Understand the classical theory and its emphasis on free trade and competition.. Examine the neo-classical theory and its criticisms.. Explore the Austrian Market Process (AMP) and its focus on human action in the context of knowledge..

  5. Week 5Module 2: Entrepreneurship and Entrepreneurship Theories
    • Unit 5: Entrepreneurship and Entrepreneurship Theories · 2 hours

      Study the personality traits theory and its emphasis on enduring inborn qualities.. Examine the concept of locus of control and its impact on entrepreneurial behavior.. Explore the need for achievement theory and its relationship to entrepreneurial success..

  6. Week 6Module 2: Entrepreneurship and Entrepreneurship Theories
    • Unit 6: Entrepreneurship and Entrepreneurship Theories · 2 hours

      Understand the sociological theory and its focus on the social context.. Examine the anthropological theory and its emphasis on the cultural context.. Analyze the role of social networks, life course stage, ethnic identification, and population ecology..

  7. Week 7Module 2: Entrepreneurship and Entrepreneurship Theories
    • Unit 7: Opportunity Based and Resource Based Entrepreneurship Theory · 2 hours

      Study the opportunity-based entrepreneurship theory and its emphasis on creating new goods and markets.. Examine the resource-based entrepreneurship theory and its focus on firm-specific resources.. Analyze the factors that influence both opportunity-based and resource-based entrepreneurship..

  8. Week 8Module 3: Emergence and Development of Entrepreneurship
    • Unit 8: Emergence of Sociology of Entrepreneurship · 2 hours

      Trace the evolution of the concept of entrepreneur from risk bearer to innovator.. Understand the functions of an entrepreneur, including innovation, risk-bearing, organizing, and managing.. Identify the key characteristics of successful entrepreneurs..

  9. Week 9Module 3: Emergence and Development of Entrepreneurship
    • Unit 9: Sociology of Entrepreneurship in Nigeria Economic Development · 2 hours

      Review the primary commodity era and its impact on entrepreneurship.. Examine the import substitution era and its challenges.. Analyze the era of indigenous entrepreneurship and its potential for economic development..

  10. Week 10Module 3: Emergence and Development of Entrepreneurship
    • Unit 10: Entrepreneurship in Nigeria Economic Development · 2 hours

      Understand the role of entrepreneurship in developing new technologies and products.. Examine the impact of entrepreneurship on employment generation and wealth creation.. Analyze how entrepreneurship fosters competition and better services..

  11. Week 11Module 4: Challenges and Development of Entrepreneurship
    • Unit 11: Factors Affecting Entrepreneurship Growth in Nigeria · 2 hours

      Analyze the impact of government actions on entrepreneurship growth.. Examine the challenges of shortage of start-up capital and corruption.. Understand the role of raw materials, technology, and dumping in affecting entrepreneurship..

  12. Week 12Module 4: Challenges and Development of Entrepreneurship
    • Unit 12: Types and Why the Course in Entrepreneurship · 2 hours

      Study the different types of entrepreneurship, including marginal firms, professional ventures, mass producers, high technology firms, diversifiers, and speculators.. Understand the importance of entrepreneurship education in universities.. Reflect on the role of entrepreneurship in economic growth and development..

  13. Week 13Module 4: Challenges and Development of Entrepreneurship
    • Unit 13: Sociology of Development of Entrepreneur · 2 hours

      Examine the reasons for entrepreneurship, including achievement motivation, desire for independence, creativity, wealth, security, and inheritance.. Assess your own potential for entrepreneurship.. Understand the dominant profile of entrepreneurs and the factors that contribute to their success..

    • Unit 14: Sociology of Development of Entrepreneur · 2 hours

      Assess your traits and abilities using the entrepreneurship rater.. Compare your profile with the dominant profile of entrepreneurs.. Identify areas where you can improve your entrepreneurial potential..

Preparing for the exam

What to do
  • Review all Tutor-Marked Assignments (TMAs) and understand the feedback provided.
  • Create concept maps linking the different entrepreneurship theories covered in Modules 1 and 2.
  • Focus on the specific factors affecting entrepreneurship growth in Nigeria as discussed in Unit 11.
  • Practice applying ethical principles to real-world entrepreneurial scenarios.
  • Summarize the key characteristics of successful entrepreneurs and reflect on how you can develop those traits.
  • Study the economic history of Nigeria and its impact on entrepreneurship from Unit 9.
  • Prepare examples of different types of entrepreneurship from Unit 12.

Questions students ask about this course

What is ENT301 about?

This course explores the sociology of entrepreneurship, examining its emergence, theories, and impact on economic development, particularly within the Nigerian context. It delves into the social profiles and personality traits of entrepreneurs, dispelling negative perceptions and highlighting their role as nation builders. The course covers various entrepreneurship theories, including economic, psychological, sociological, and anthropological perspectives. It also addresses factors affecting entrepreneurial growth and the importance of ethics in business.

How many units does ENT301 have?

ENT301, Sociology Of Entrepreneurship, has 15 units across 1 module, over 75 pages of course material. You can read it one unit at a time.

How many credit units is ENT301?

ENT301 carries 2 credit units, at 300 level in Management Sciences.

Is ENT301 hard?

ENT301 is rated intermediate level, with no mathematical content. It is mostly theoretical and case study work.

How long does ENT301 take to study?

About 19.5 hours of study, spread across its 15 units.

How is ENT301 assessed?

ENT301 is assessed by Assignments, Tutor Marked Assignments and Final Examination.

What can I do with ENT301?

Business Owner, Entrepreneur, Business Consultant, Project Manager and Business Development Manager.

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