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ENT805Management Sciences2 Unitsintermediate

Theory Of Entrepreneurship And Behaviour

This course explores entrepreneurship theories from a multidisciplinary perspective, providing students with a proper understanding of contributions made by theorists to entrepreneurship development. It stimulates students to develop models for understanding theory and application to new venture design. The course covers top management adoption processes, appropriate theory choices, and finding practical solutions to management and strategic problems in contemporary society.

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50h
Study Time
13
Weeks
4h
Per Week
basic
Math Level
Course Keywords
EntrepreneurshipTheoriesBehaviorInnovationDevelopment

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
➕
Math Level
Basic Math
📖
Learning Type
Theoretical Focus

Course Topics

Key areas covered in this course

1

Entrepreneurship

2

Economic Theories

3

Psychological Theories

4

Sociological Theories

5

Innovation Theories

6

Entrepreneurship Development in Nigeria

Total Topics6 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assessments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

Business Owner

Apply your skills in this growing field

Entrepreneur

Apply your skills in this growing field

Business Consultant

Apply your skills in this growing field

Business Manager

Apply your skills in this growing field

Project Manager

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

Small and Medium EnterprisesStart-upsConsultingManufacturingAgriculture

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1:

4h

Unit 1: Concept of Entrepreneurship

2 study hours
  • •Read the definition of entrepreneurship from various scholars.
  • •Understand the different perspectives of entrepreneurship.
  • •Identify the characteristics of an entrepreneur.

Unit 2: Classification of entrepreneurship

2 study hours
  • •Examine the Clarence Danhof classification.
  • •Study the Arthur H. Cole classification.
  • •Understand the classification based on ownership and scale of enterprise.
Week
2

Module 1:

2h

Unit 3: Historical background of Entrepreneurship

2 study hours
  • •Trace the evolution of entrepreneurship from the earliest period to the 20th century.
  • •Understand the views of entrepreneurship in different periods.
Week
3

Module 2:

4h

Unit 1: Economic theory of entrepreneurship

2 study hours
  • •Understand the economic school of entrepreneurship.
  • •Identify economic factors that encourage or discourage entrepreneurship.
  • •Describe the classical, neoclassical, and Austrian market processes.

Unit 2: Psychological theory

2 study hours
  • •Overview of the psychological theory.
  • •Personality trait.
  • •Need for achievement.
Week
4

Module 2:

4h

Unit 3: Sociological theory

2 study hours
  • •Locus of control.
  • •Psychodynamic model.
  • •Risk taking propensity.

Unit 4: Innovation theory

2 study hours
  • •Overview of innovation theory.
  • •Function of innovation.
  • •Criticism of innovation theory.
Week
5

Module 2:

3h

Unit 5: Other theories of entrepreneurship

3 study hours
  • •Max Weber theory entrepreneurial growth.
  • •Exposure Theory.
  • •Ronald Burt's Theory of Entrepreneurship.
Week
6

Module 3:

3h

Unit 1: Contributors to the economic theory of entrepreneurship

3 study hours
  • •Early/Classical contributors.
  • •Austrian contributors.
  • •Radical contributor.
Week
7

Module 3:

3h

Unit 2: Contributors to the psychological theory

3 study hours
  • •Need for Achievement.
  • •Social Learning.
  • •Psychodynamic Model.
Week
8

Module 3:

3h

Unit 3: Contributors to the sociological theory

3 study hours
  • •Contribution of Max Weber.
  • •Contribution of Leland Jenks.
  • •Contribution of Thomas Cochran.
Week
9

Module 4:

3h

Unit 1: Role entrepreneurship to economic development in Nigeria

3 study hours
  • •Entrepreneurship development in Nigeria.
  • •Challenges of Entrepreneurship in Nigeria.
  • •Contribution of entrepreneurship to socio-economic development of Nigeria
Week
10

Module 4:

3h

Unit 2: Contribution of successful Nigeria entrepreneurs to entrepreneurship development

3 study hours
  • •Contribution of Notable entrepreneurs to entrepreneurship development in Nigeria
Week
11

Module 4:

3h

Unit 3: Specialized institutions for entrepreneurship development

3 study hours
  • •Nigerian Industrial Development Bank (NIDB).
  • •Nigerian Bank for Commerce and Industry (NBCI).
  • •National Economic Reconstruction Fund (NERFUND).
Week
12

All Modules

4h

Final Revision

4 study hours
  • •Review all modules and units.
  • •Work on assignments and TMAs.
Week
13

All Modules

4h

Final Revision

4 study hours
  • •Complete all assignments and TMAs.
  • •Prepare for final examination.

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

Read the complete course material as provided by NOUN.

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Create concept maps linking economic, psychological, and sociological theories.

2

Focus on understanding the key contributors and their theories.

3

Review case studies of successful Nigerian entrepreneurs and their strategies.

4

Practice applying theoretical concepts to real-world business scenarios.

5

Allocate time to thoroughly revise all modules and units.

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