Curriculum subject

Enterpreneurship and Economic Studies + Course Project

Subject
Subject code	ÕRK219
Subject name	Enterpreneurship and Economic Studies + Course Project
Credit points	5 ECTS
Grading method	Grade prelim

Curriculum subject
Curriculum	2009 TD
Study year	4
Semester	Fall semester
Subject type	Mandatory

General description
The concept of entrepreneurship. Prerequisites of becoming an entrepreneur. Entrepreneuring environment. Business plan. Market research. Designing a competitive product/service. Financing. Compilation of a business plan. Negotiations with a bank, a financial plan. Incubators, risk capital, subsidies. Business of self-emloyed entrepreneurs, financial liability, registration. Business-related expenses. Tax paying. Value-added tax. Business laws. Designing and manufacturing of a product/service. Outsourcing. Renting and hiring. Adjustment period and initial difficulties. Expanding and personnel policy. Annual reports, plans and budgets. Liquidation of the company. Bankruptcy.

General aim
The aim of the course is to give an overview of the preconditions and activities necessary for starting own business; business types and preconditions of successful activity. Students study the different stages from starting of a business until liquidation of it.

Aim
Ability to - compile a business plan; - analyze various business ideas from the point of view of their feasibility.

Form description
Attending lectures is compulsory. Grading: attendance - 20% independent work(designing of a product/service) - 40% examination - 20%

Literature
Põhiõpik on: A. Miettinen, J. Teder Ettevõtlus I. Külim, 2007, 216 lk. Toetavad õpikud on: H. Kallam, E. Kolbre, E. Lend jt. Ärikorralduse põhiteadmised. Tallinna Tehnikaülikool Majandusteaduskond. Külim, 2003, 215 lk. J. A. Reinecke, G. Dessler, W. F Schoell, Introduction To Business A Contemporary View, Sixth Edition, Allyn and Bacon. Boston, 1989, 711 lk.

Current rounds
None