Fundamentals of Entrepreneurship

About this Course


Entrepreneurship has become an indispensable ingredient for economic development in modern day societies plagued with unemployment poverty, underdevelopment with their attendant consequences. According to Alvaro, Domingo and Salnador (2001) its importance manifests in exploiting business opportunities, creation of new firms, making old ones more dynamic and driving the economy forward through innovation, competence, job creation and improvement of the well being of the society. 

Economic circumstances, social networks, marketing, finance public agencies, entrepreneurial teams  are all important, but none of there will create a new venture alone; for that, a person is needed in whose  mind  all the possibilities come together,  a person who believes that innovation is possible and also has the motivation to persist until the job is done.’

The key characteristics involved in getting the job done is thus initiated by an act of human volition which occurs at the level of individual firm, involving a change of state, which is holistic, dynamic, unique with numerous antecedent variables. The concept of this creator of new ventures and opportunities has undergone various conceptual definitions for years. An entrepreneur is a decision maker that bears uncertainties to make profits. 

An enterpreneur primarily finances the firm, bears risks and makes supervisory and co-ordination decisions. He is an innovator, a lively and active economic agent who processes knowledge and information. An enterpreneur sometimes gives capital to a firm, who understands technology and is able to transfer knowledge into a tradable product that meets the needs of customers.

Course CodeUNN/OC/0012
Course Start DateStarted
Course Duration1 day
Dedication1 hour
Number of Modules5
LevelBasic
School offering courseUNN Enterprise Skill Acquisition School
LanguageEnglish
Video/Audio MediaNone
Course FeeNot Available (Program course)


Certificate of Proficiency


A Certificate of Proficiency is awarded to you at successful completion of courses designed to prepare you for a new career or enhance your skill set. This empowers you to be more productive and marketable in today's global market.


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Course Prerequisites / Requirements



This course has no strict requirements. Anyone is qualified to take this course so long as the student is familiar with taking online courses on the platform. Once registered in this course, you will be required to complete activities such as assignments or quiz in order to proceed. The course has been structured in a way to promote ease of understanding. You must be dedicated in this course; you should spend at least an average of 1 hour per day on this course.