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Entrepreneurship, creativity and innovation

Proposed course outline

Theories of Entrepreneurship
 The historical perspective of entrepreneurship
 Economic theories of entrepreneurship
 Sociology of entrepreneurship
 Psychology of entrepreneurship
 Teleological approaches to entrepreneurship
 Entrepreneurial philosophies
 Types of entrepreneurs
 Entrepreneurial schools of thought
 Contemporary definitions of entrepreneurship

Creativity & Innovation


 Creativity defined
 The role of creativity in entrepreneurship
 Creativity process
 Innovation defined
 Types of innovations
 Innovation process
 Creating and managing innovative environment
 Hindrances to innovation and creativity
 The entrepreneurship equation: Entrepreneurship = creativity + innovation)

New venture creation


 The entrepreneurial cycle
 Sources of business Idea/opportunity
 Opportunity evaluation tools
 Macro environment, industry and company (SWOT) analyses
 Feasibility analysis/plan
 The business model
 The business plan
 Sourcing business finance
 Business exit strategies
 Managing business growth and expansion
 Business registration requirements in Zambia
 Types/forms of business

Entrepreneurial environment
 The policy environment
 Innovative environment
 Social cultural environment
 Characteristics of successful communities

Entrepreneurship and economic development


 The link between entrepreneurship and economic development
 The role of MSMEs in Zambia
 The importance of women entrepreneurs
 Indigenous vs immigrant entrepreneurs

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