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ENTP 100: Innovation Neighborhood
Entrepreneurs are naturally attracted to innovation and creativity. They eagerly pursue different technologies, markets, ideas, and innovations from many sources. As a student of innovation and entrepreneurship, you are part of Drexel’s legacy of innovative thinking and doing.
Today, Drexel is embarking on an ambitious strategic plan titled, “Transforming the Modern Urban University”. At the core of this plan is a culture of innovation and entrepreneurship that stretches across our community. The term “innovation neighborhood” distinguishes how we view our role in higher education, and how we advance societal welfare and economic development.
Through an interdisciplinary and collaborative approach, Drexel researchers, scholars, scientists and thought leaders are engaging regional, national and international universities, institutions, industries as well as various other organizations toward a world-class innovation hub.
As a Drexel student, you are part of this innovative ecosystem. This course is designed to introduce you to the numerous activities that are part of Drexel University and the greater Philadelphia region. We hope to engage your curiosity about innovations and ideas that you have not encountered and stimulate your thinking about new opportunities.
ENTP 101: Life Strategies I
The Life Strategies series is intended to prepare students for current and future opportunities in the workforce. Targeted at those interested in entrepreneurship, family enterprise, or being an individual contributor as a career alternative to a traditional job with a firm, the course is also well suited for any students wishing to broaden their career preparedness. The course objective is to build awareness of global employment trends and reinforce entrepreneurship as an increasingly important career.
ENTP 102: Life Strategies II
The Life Strategies series is intended to prepare students for current and future opportunities in the workforce. Targeted at those interested in entrepreneurship, family enterprise, or being an individual contributor as a career alternative to a traditional job with a firm, the course is also well suited for any students wishing to broaden their career preparedness. The second in the series, Life Strategies II will present an argument for an entrepreneurial opportunity.
ENTP 205: Ready, Set, Fail
There are many students who say they want to be an entrepreneur, but they are often not ready for the risk that comes with starting and growing a business. Taking risks requires a deep appreciation of failure. In fact, some entrepreneurs launch their strategies on assumptions about the unknown and hope they get it right. Conversely, some entrepreneurs are afraid of making aggressive pledges that are too often required for success, and choose a more conservative strategy of survival. This course will teach students how to appreciate failure and learn from it and use these experiences to build future success.
ENTP 210: Leading Startups
Entrepreneurs founding a new company face unique leadership challenges. This course provides the aspiring entrepreneur with tools and frameworks necessary for creating strategy, building companies, and assembling human capital with limited resources. By exploring what entrepreneurial leaders actually do, and how they do it, the student will learn through experiential exercises both the challenges and the excitement of starting a new venture.
ENTP 215: Building Entrepreneurial Teams
A measure of any successful organization — nonprofit or for profit — is the commitment of its team members. To gain a commitment, members must recognize their strengths and opportunities for personal growth, be empowered to act, and be engaged toward a common goal. Finding the right team members, therefore, is the cornerstone in building any new organization. For a startup company, though, these qualities are amplified and can be a measure of the success or failure of the company. Unfortunately, the marketplace fails to provide evidence on the advantages and disadvantages of team formation methods for a startup company.
The overall goal of this course is to evaluate the different approaches in forming teams during the startup of a new company. We will compare and contrast evidence-based and anecdotal team formation models to determine their advantages and disadvantages as well as their effects on the expected outcomes.
ENTP 250: Ideation
Innovation is the driving force behind today’s economy and ideation supports an individual’s ability to innovate. This course provides students with tools, methods and self‐reflection techniques necessary to bring new ideas into reality. Through creative innovation, successful entrepreneurs not only create new ventures but also re-invent companies to remain competitive in an ever-changing market. Students in this course will use ideation techniques to develop new ideas, change or build upon established practices and apply these techniques in approaching and analyzing business situations. Students will be able to apply creative skills more effectively both personally and professionally.
ENTP 270: Social Entrepreneurship
This course examines how social entrepreneurs launch successful ventures to addressing the world’s most challenging social and environmental problems. The course introduces students to frameworks and methodologies that challenge current models to advance original solutions to existing problems. A passion for social change is advanced by adopting a market orientation and data drive approaches that encompasses both social and financial outcomes.
ENTP 275: Women and Minority Entrepreneurship
Today, women and minority entrepreneurs are starting new business ventures at a quick pace. Yet they there are few resources for the business owners to improve the historically high failure rate or grow their new venture. In this course, we will understand how race, gender, or ethnicity plays a part in establishing a women or minority-owned enterprise. We will examine the current state of minority and women’s entrepreneurship along with the conditions that support or block minority or women entrepreneurs.
ENTP 325: Early Stage Venture Funding
This course will contribute to students’ understanding of the new venture investment process. It will offer you the concepts, practices and tools of the private equity and venture capital markets. We will achieve this via field projects, readings, cases, and speakers arranged to support an understanding of the unique environment of investments and new ventures. A course objective is to leverage Drexel’s entrepreneurial ecosystem throughout the Philadelphia area through guest speakers and on-site visits.
ENTP 329: Entrepreneurship and New Technologies
Creating a new technology venture offers unique challenges. Indeed, innovation and advances in technology is everywhere, and markets are driving toward even greater performance. Other challenges include the complexity and advantages of intellectual property, team development and funding. This course we will examine entrepreneurship in technology markets and take a deep view of what it takes to be a technology entrepreneur.
ENTP 340: Managing Entrepreneurial Growth
Managing growth includes leveraging assets at every stage and controlling the risk. This course will focus on areas that are essential to a new venture’s growth including planning, marketing, talent management, and financial performance. You will examine growth opportunities of a venture and develop an experiential growth plan that will provide the greatest impact for a firm.
ENTP 345: Global Entrepreneurship
This course focuses on global opportunity identification; market analysis; joint ventures, regional legal and cultural issues and financing foreign ventures. The course will provide students with an understanding of the complexities faced by entrepreneurs doing business in a global environment and with knowledge which will help them to be successful within the global context.
ENTP 350: Dynamics of the Family Firm
This course studies the unique aspects of family firms and the complex issues involved with creating, owning, and successfully operating a family business. We will examine ownership structures, strategic human resource issues, governance, strategy, marketing, family dynamics, culture, and philanthropy. The class will involve case discussions, guest speakers, experiential assignments and presentations.
ENTP 360: Franchising
Franchising is rapidly increasing worldwide. There is a growing need among franchise owners for employees with industry experience and know-how, and there are growing opportunities for entrepreneurs who want to start a franchise. Together, these developments present a unique and great opportunity for the entrepreneur. This course offers various aspects of starting, developing, and managing a franchise.
ENTP 385: Innovation in Established Companies
This course will provide student with an understanding of how companies remain competitive using innovation as the driving force behind product or service development. Entrepreneurs are challenging assumptions and creating value in established organizations. While most executives would agree that innovation is the key to a sustainable business in the 21st century, few seem to understand how to make it a reality. Students will be introduced to various kinds of internal and joint ventures such as corporate venture capital investments, alliances, mergers and acquisitions to create value and promote entrepreneurship within an organization. Students will develop skills that are important for careers in an entrepreneurial setting and corporate venture activities.
ENTP 390: Clean Tech Ventures
This course will provide the groundwork to understanding new venture development in clean energy markets. Through experiential learning, specifically, field visits to local energy companies and through guest speakers, students will develop an appreciation and understanding of the market conditions and policy implications of new ventures in this sector.
ENTP 410: Thought Leadership
The individual entrepreneur faces many challenges. This course takes a philosophical and ethical approach to developing the entrepreneurial mindset. In this course, we will discuss the ethical challenges in a startup venture or high-growth firm, as illustrated through discussions by guest speakers – serial entrepreneurs. Students will be required to reflect on the varying viewpoints presented by the distinguished experts. They will develop their own approaches and philosophies regarding "the entrepreneur" and the "process of entrepreneurship".
ENTP 440: Launch It!: Early Stage
This course is designed for students interested completing one of three minors offered by the Close School of Entrepreneurship: Social Entrepreneurship, Energy and Sustainability or Health Innovations. In the course, students will be expected to identify an opportunity and propose the launch of a company. Working in teams, students will also learn how to experiment with different business models, validate a market need, and build all facets of a startup company. Students will be expected to achieve milestones and propose key risks on which the business’ success depends.
ENTP 450: Launch It!
This course is designed for those serious about being entrepreneurs, and not for the faint of heart. During these ten weeks, students will be expected to work on the actual launching of a startup. Students will be talking to customers, partners, competitors, as you encounter the iterative process of how a startup actually works. Students may work as individuals or in teams, learning how to turn a great idea into a great company. Students will learn how to experiment with different business models, validate a market need through customer development, and build all facets of a startup company. Finally, students will see how to rapidly iterate a product or service to build something customers will use and buy. Each week will be a new adventure outside of the classroom as students test each part of their business model and then share the hard earned knowledge with the rest of the class.
Using the Business Model Canvas as a guide, students will be expected to achieve milestones and test key risks on which the business’ success depends. Students are responsible for the progress of their business, and their success will depend on achieving the aforementioned milestones.