ADDIS ABABA UNIVERSITY
ADDIS ABABA INSTITUTE OF TECHNOLOGY
SCHOOL OF MECHANICAL AND INDUSTRIAL ENGINEERING
Course plan
Course Title: Entrepreneurship for Engineers Degree Program group: 5thyaer Electrical Engineering
Course Code: MEng-5414 Semester: II Total Credits: 2
Instructor: Asheafi Adugna Email:
[email protected] Office: 3rd floor 337
Course Objectives & Competences to be Acquired:
Successful students in this course will be able to:
v Describe the process of Innovation, technology transfer & entrepreneurship as an activity originating
from market need, the creative recognition of opportunity, and innovative problem solving in the
business environment.
v Understand how innovation and competitive advantage contribute value to new business products and
services.
v Understand the entrepreneurial traits and skills needed in entrepreneurial ventures.
v Through the development of a business plan, evaluate the opportunities of a selected venture idea along
with the constraints on its feasibility.
Course Description:
The goals of this course are to give the student a broad understanding of the field of entrepreneurship development,
and commercialization of technology-based innovation in existing firms; and the formation, development, and growth
of technology-based new enterprises. Students can integrate these areas in their studies or approach them as distinct
elements and to provide an introduction to the important tools and skills necessary to create and grow a successful
new venture. The course is designed to simulate the real-life activities of entrepreneurs in the start-up stage of a new
venture. Students, in teams, will develop a new venture concept and determine if a demand exists for their product or
service.
Course Outline:
1. Chapter One: What is entrepreneurship? 4. Chapter Four: Marketing and Financial plans
v Why Study Entrepreneurship? and managing cash flow
v What Is an Entrepreneur? v Marketing research
v The Commercialization Process v Marketing Mix: Product, Price, Place
v Characteristics of Entrepreneurs and promotion
v The Cultural Diversity and forms of v Cash flow
Entrepreneurship v Break even analysis
v Deadly Mistakes of Entrepreneurship 5. Chapter five: Intellectual Property and other
2. Chapter Two: Preparing the Business Idea Legal issues
v Creativity v What are Intellectual Properties?
v Feasibility Analysis v Types of IP protections
v Business Plan v Governmental Laws and regulations
3. Chapter Three: Business ventures Teaching and Learning methods
v Forms of ownership • Lectures supported by tutorials,
case studies exercise Assignments,
v Sources of fund and Project
Assessment/ evaluation & Grading Systems
• Mid Tests and Assignments 30%,
• Final-semester Examination 30%,
• Project 40%.
Attendance Requirement:
• Minimum of 90% attendance during lecture hours;
• 100% attendance during presentation sessions, except for some unprecedented mishaps; and Presence
during exam time.
Literature:
1. Kenji Uchino, Entrepreneurship for Engineers, 2010, Taylor and Francis Group, LLC
2. Timmons and Spinelli, New Venture Creation: Entrepreneurship for the 21st Century, 6th edition,
McGraw-Hill/Irwin, New York, 2004.
3. Thomas W Zimmerer, Norman M Scarborough, and Doug Wilson, Essentials of Entrepreneurship and
Small Business Management (5th Edition), Feb 2, 2007
