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Entrepreneurship foundations

Unit 1: IntroductionTopic 1 of 3
Browse the Entrepreneurship syllabus

Entrepreneurship

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What the syllabus expects

  • Concept and evolution of entrepreneurship
  • Major functions and types of entrepreneurship
  • Significance for individual, community and national development

Entrepreneurship Foundations

Bachelor of Business Studies (BBS) — Fourth Year
Subject: Entrepreneurship [MGT 225]
Unit 1: Introduction
Academic Year: 2083/84

Topic Objectives

To develop an understanding of the meaning and evolution of entrepreneurship, its major functions and types, and its significance for individual, community and national development.

Detailed Syllabus

  1. Concept of Entrepreneurship

    1. Meaning and scope of entrepreneurship.
    2. Opportunity identification and value creation.
    3. Entrepreneurship as the organization of resources for a venture.
    4. Innovation, initiative and uncertainty in entrepreneurial activity.
    5. Relationship between entrepreneurial activity and enterprise creation.

  2. Evolution of the Entrepreneurship Concept

    1. Development of the meaning of entrepreneurship.
    2. Entrepreneurship viewed through:
      1. Risk-bearing and initiative.
      2. Resource organization and coordination.
      3. Innovation and change.
      4. Opportunity recognition and value creation.
    3. Changing interpretations of entrepreneurship in business and society.

  3. Major Functions of Entrepreneurship

    1. Identification and evaluation of opportunities.
    2. Development of business ideas into venture opportunities.
    3. Mobilization and organization of resources:
      1. Human resources.
      2. Financial resources.
      3. Physical and technological resources.
    4. Introduction of products, services or improved ways of working.
    5. Decision-making under uncertainty.
    6. Coordination of activities for the creation and delivery of value.

  4. Types of Entrepreneurship

    1. Bases for classifying entrepreneurial activity.
    2. Classification by business activity:
      1. Manufacturing.
      2. Trading.
      3. Services.
    3. Classification by purpose:
      1. Commercial enterprise.
      2. Social enterprise.
    4. Classification by scale and growth orientation:
      1. Small-business entrepreneurship.
      2. Growth-oriented entrepreneurship.
    5. Comparison of the purposes and features of different entrepreneurial types.

  5. Significance of Entrepreneurship

    1. Significance for individual development:
      1. Self-employment and livelihood opportunities.
      2. Development and application of skills.
      3. Initiative and economic independence.
    2. Significance for community development:
      1. Local employment opportunities.
      2. Use of local resources.
      3. Products and services addressing community needs.
    3. Significance for national development:
      1. Enterprise formation and economic activity.
      2. Employment generation and resource mobilization.
      3. Innovation, productivity and value creation.
    4. Application of these contributions to Nepalese enterprise examples.

Curriculum reference: Tribhuvan University, Faculty of Management, revised four-year BBS curriculum, MGT 225: Entrepreneurship, Unit 1, PDF page 54.

Source note: This curriculum-aligned microsyllabus expands TU's stated scope into study subtopics. The numbered subpoints are editorial elaborations, rather than a separately issued TU syllabus. The official 20 lecture hours apply to Unit 1 as a whole; no separate hours or marks are specified for this topic.