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Entrepreneurship

Become a success-driven, self-employed individual. Turn a powerful idea into a multinational organization. Manage a new business venture. Lead an entrepreneurial unit of a larger corporation. These are just a few of the valuable skills you will gain in our leading-edge entrepreneurship elective courses.

The MBA concentration in entrepreneurship focuses on the skills, knowledge, and attitudes required to successfully start a new venture, participate in an entrepreneurial company, or manage an entrepreneurial unit of a larger corporation.

Students pursuing a concentration in entrepreneurship should complete nine credit hours (three courses) from the following electives. One course from the first section is required. A certificate is also offered in this interdisciplinary area.


Required Course
Students must complete one of the following courses.

MGT 6165  Venture Creation (3 credit hours)
Learn how to create, design, find, assess, and shape opportunities. Understand and apply the strategic process of venture creation. Develop and present a venture creation plan. Covers ventures starting from scratch or within an organization. Develop a sense of how to make decisions and execute strategies.

MGT 6789  Technology Ventures (3 credit hours)
Improve your ability to assess the attractiveness of a new venture, anticipate the problems likely to be encountered as the business evolves, and predict its success or failure.



Other Courses
Students must complete two of the following courses.

MGT 6056  Electronic Commerce (3 credit hours)
Searching for customers and suppliers. Serving customers electronically. Handling electronic transactions. Business model innovations in e-commerce. Less focused on the IT side, more on the business side.

MGT 6059  Emerging Technologies (3 credit hours)
Analyze and make decisions around emerging technologies. Apply techniques for scanning the horizon for emerging technologies. Predict which technologies will be successful and why. Describe environments in which technologies emerge.

MGT 6086  Entrepreneurial Finance and Private Equity (3 credit hours)
Current and future managers and entrepreneurs learn to use financial perspective in value creation. Learn effective entrepreneurial practices from the perspectives of users and suppliers of capital and other stakeholders. Focus on financial management within entrepreneurial firms. Cover all phases of life cycle from idea generation to harvesting.

MGT 6111  Innovation and Entrepreneurial Behavior (3 credit hours)
Understand the different types of innovations. Recognize and reduce barriers to innovation. Lead, cultivate, and manage innovation. Stimulate creativity in individuals and groups. Manage the innovation process and pipeline.

MGT 6614  Law for Entrepreneurs (3 credit hours)
This course covers selection of legal entity; public offerings; ownership structure; sales and lease contracts; loan agreements; venture capital negotiations and agreements; debtor-creditor relations; employment law; and intellectual property law.

MGT 6663  Technology Strategy (3 credit hours)
Develop a capacity to think strategically about a company's technology decisions related to how much to invest in R&D, how to protect and commercialize innovations, how to improve and sustain a firm's performance through the generation and adoption of technological innovations. Conduct strategic analyses about technology commercialization in a variety of industries and competitive situations, with particular focus on high-tech industries.

MGT 6664  Managing Innovation (3 credit hours)
Conceptualize and identify opportunities for creating value through innovation. Develop an understanding of how to capture the value of innovation through a variety of techniques. Coherently integrate these principles with competitive and corporate strategies.

MGT 6667  Strategic Entrepreneurship (3 credit hours)
This course's objective is to hone your skills in using tools and frameworks of strategic analysis to formulate recommendations for entrepreneurial firms. Today's entrepreneurs and managers need to be able to recognize opportunities and cope with challenges created by technological developments, and entrepreneurial activity is particularly important in technology-intensive industries.

MGT/ISyE 6772  Managing Resources of the Technological Firm (3 credit hours)
Analysis of the challenges associated with managing a firm's resources (technology, work force, materials, information, processes, knowledge). Learn how to plan under conditions including rapid technological innovation, international competition, and changing markets. Specific topics include positioning strategies, innovation and diffusion, technology strategy, knowledge transfer, performance measurement, process management, and implementation of new technology.

MGT 6799  Legal Issues-Technology Transfer (3 credit hours)
Understand the legal and business issues that a new technology company faces from creation until an IPO. Understand how best to capitalize on the technology developed by your company, including the transfer of technology and the use of technology as a capital asset in connection with venture capital funding and mergers and acquisitions. Learn about the issues that may arise in the course of the growth of your business and when and why such issues may arise.

MGT 8803  Intellectual Property Strategy (3 credit hours)
This course surveys the economic, management, and strategy issues relevant to the protection of intangible assets by companies, and how effective management can capture competitive advantage from innovation. The main purpose is not to teach you the law, but instead to understand attributes of intellectual property (IP) law only as necessary for you as a manager to make better decisions about bringing innovation to the market and capturing sustained profits from the technology introduced. The course is designed both to teach and foster discussion about important topics in the strategic management of new products, new processes, and new business models capable of IP protection (including patenting strategies, enforcement and litigation strategies, IP monetization, IP strategies for startups, executing university technology transfer, and managing the large company IP portfolio, among others). The class will not only give the student formal experience in analyzing the technological, legal, and competitive environment faced by modern companies, but will also train students on the use of cutting-edge commercial intelligence to analyze firm- and industry-level technology strategies using patent (and other) data.


MBA concentrations and immersive tracks are optional. You have the flexibility to take electives in any combination of areas.