By the end of the course it is expected that the students will have developed adequate knowledge of:

• Definition of entrepreneurship, obligations of the company in this context, analysis of social needs and trends, exploration of business opportunities, development of business ideas, methods of creative thinking, intangible industrial property, participation and management.
• The basic concepts and theories of the operation and actions of entrepreneurship (Marshall, Knight, Schumpeter, Shackle, Leibenstein, Kirzner, Casson) and a parallel examination of the historical development of entrepreneurship.
• Determinants of entrepreneurship, business motivations and behavior (Scitovsky, Bronfebrenner, Kaiser models) with particular emphasis on human capital. Examining further issues such as creative imitation (Drucker) and the production and dissemination of innovations (Machlup, Arrow, Dosi). Quantitative methods used in contemporary entrepreneurship research (i.e regression, experimental and quasi-experimental methods, hazard models).
• Financing entrepreneurship through different models (Evans and Jovanovic, Aghion and Bolton, Newman). The development of the business process itself (conception and evaluation of the business idea, development of the business model, creation of a business plan, selection of a sustainable development model and investigation of exit strategies).
• Impact study and development of appropriate policies.

Entrepreneurship main models of modern theory based on Lucas’s model, its different versions, but also the critique that was developed and the extensions at the micro and macro level. Different theories in the present context (Marshall, Knight, Schumpeter, Shackle, Leibenstein, Kirzner, Casson). Determinants of entrepreneurship with reference to the theoretical background. Emphasis is placed on the theory of human capital, macroeconomic factors as well as business characteristics. The ways of financing are presented by presenting topics such as business plan funds and the relationship between wealth and entrepreneurship is analyzed (models Evans and Jovanovic, Aghion and Bolton, Newman). Study additional thematic areas related to the impact on job creation, the diffusion of innovation and growth. Finally, the development of policies to strengthen entrepreneurship is examined.

Lectures (3 hours per week) and Tutorials (1 hour per week)

Activity	Semester workload
Lectures, 3 hours per week	13X3 = 39 hours
Tutorials, 1 hour per week	13X1 = 13 hours
Work at home	98 hours
Total number of hours for the Course (25 hours of work-load per ECTS credit)	150 hours (total student work-load)

The students’ assessment is based upon: (1) written exams at the end of the semester (60% of the final course grade) and (2) group assignments/written essays that each student group must present and discuss in the class (40% of the final course grade)*. The above percentages may change depending on the level of difficulty of the assignments.

[* In order for the assignment grade to “count” in the final course grade, the student should get at least the grade 5.0 in the final written exam].

The evaluation criteria are presented orally during the introductory course lecture and are clearly defined in the “course guide” which is uploaded in e-class (and is therefore easily assessible to the enrolled students). In the e-class the students can also find a “guide for successful work presentation” in which the relating guidelines and criteria are clearly defined.

• Use of PowerPoint during lectures
• Lecturing notes are uploaded in e-class in the form of pdf files, which the enrolled students can freely download
• Bibliographical material (scientific articles and book chapters) in pdf files, is regularly uploaded in e-class, which the enrolled students can freely download
• Various information and announcements concerning the course are regularly uploaded in e-class
• Distant communication with students (when needed) takes place via e-mail