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ENT805

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.

About this course

Difficulty
Intermediate
Study hours
50 hours
Maths
Basic
Content
Theoretical, case study
Practical work
No
How it is assessed
  • Assignments
  • Tutor marked assessments
  • Final examination

One paragraph, so you can see how it reads

ENT805 · UNIT 1: CONCEPT OF ENTREPRENEURSHIP

You should use the prepared text for the course made available to you by NOUN. However, in your own interest, do not limit yourself to this study text. Make effort to read the recommended texts to broaden your horizon on the course.

What you should be able to do

  1. Understand the concept of entrepreneurship and its classification
  2. Explain major theories of entrepreneurship
  3. Analyze the contributions of various theorists to entrepreneurship development
  4. Evaluate the role of entrepreneurship in economic development in Nigeria
  5. Identify specialized institutions for entrepreneurship development in Nigeria

What it prepares you for

Careers
  • Business Owner
  • Entrepreneur
  • Business Consultant
  • Business Manager
  • Project Manager
Where it is applied
  • Small and Medium Enterprises
  • Start-ups
  • Consulting
  • Manufacturing
  • Agriculture

Where it gets hard

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

  • Module 2:

    Unit 2: Psychological theory

    Requires understanding of complex psychological concepts and their application to entrepreneurial behavior.

  • Module 2:

    Unit 3: Sociological theory

    Involves understanding of social structures and their impact on entrepreneurial activities.

A suggested way through it

Suggested

13 weeks, about 43 hours in total. Yours will differ.

  1. Week 1Module 1:
    • Unit 1: Concept of Entrepreneurship · 2 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 hours

      Examine the Clarence Danhof classification.. Study the Arthur H. Cole classification.. Understand the classification based on ownership and scale of enterprise..

  2. Week 2Module 1:
    • Unit 3: Historical background of Entrepreneurship · 2 hours

      Trace the evolution of entrepreneurship from the earliest period to the 20th century.. Understand the views of entrepreneurship in different periods..

  3. Week 3Module 2:
    • Unit 1: Economic theory of entrepreneurship · 2 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 hours

      Overview of the psychological theory.. Personality trait.. Need for achievement..

  4. Week 4Module 2:
    • Unit 3: Sociological theory · 2 hours

      Locus of control.. Psychodynamic model.. Risk taking propensity..

    • Unit 4: Innovation theory · 2 hours

      Overview of innovation theory.. Function of innovation.. Criticism of innovation theory..

  5. Week 5Module 2:
    • Unit 5: Other theories of entrepreneurship · 3 hours

      Max Weber theory entrepreneurial growth.. Exposure Theory.. Ronald Burt's Theory of Entrepreneurship..

  6. Week 6Module 3:
    • Unit 1: Contributors to the economic theory of entrepreneurship · 3 hours

      Early/Classical contributors.. Austrian contributors.. Radical contributor..

  7. Week 7Module 3:
    • Unit 2: Contributors to the psychological theory · 3 hours

      Need for Achievement.. Social Learning.. Psychodynamic Model..

  8. Week 8Module 3:
    • Unit 3: Contributors to the sociological theory · 3 hours

      Contribution of Max Weber.. Contribution of Leland Jenks.. Contribution of Thomas Cochran..

  9. Week 9Module 4:
    • Unit 1: Role entrepreneurship to economic development in Nigeria · 3 hours

      Entrepreneurship development in Nigeria.. Challenges of Entrepreneurship in Nigeria.. Contribution of entrepreneurship to socio-economic development of Nigeria.

  10. Week 10Module 4:
    • Unit 2: Contribution of successful Nigeria entrepreneurs to entrepreneurship development · 3 hours

      Contribution of Notable entrepreneurs to entrepreneurship development in Nigeria.

  11. Week 11Module 4:
    • Unit 3: Specialized institutions for entrepreneurship development · 3 hours

      Nigerian Industrial Development Bank (NIDB).. Nigerian Bank for Commerce and Industry (NBCI).. National Economic Reconstruction Fund (NERFUND)..

  12. Week 12All Modules
    • Final Revision · 4 hours

      Review all modules and units.. Work on assignments and TMAs..

  13. Week 13All Modules
    • Final Revision · 4 hours

      Complete all assignments and TMAs.. Prepare for final examination..

Preparing for the exam

What to do
  • Create concept maps linking economic, psychological, and sociological theories.
  • Focus on understanding the key contributors and their theories.
  • Review case studies of successful Nigerian entrepreneurs and their strategies.
  • Practice applying theoretical concepts to real-world business scenarios.
  • Allocate time to thoroughly revise all modules and units.

Questions students ask about this course

What is ENT805 about?

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.

How many units does ENT805 have?

ENT805, Theory Of Entrepreneurship And Behaviour, has 13 units across 1 module, over 140 pages of course material. You can read it one unit at a time.

How many credit units is ENT805?

ENT805 carries 2 credit units, at 800 level in Management Sciences.

Is ENT805 hard?

ENT805 is rated intermediate level, with basic mathematical content. It is mostly theoretical and case study work.

How long does ENT805 take to study?

About 50 hours of study, spread across its 13 units.

How is ENT805 assessed?

ENT805 is assessed by assignments, tutor marked assessments and final examination.

What can I do with ENT805?

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

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