Introduction to Entrepreneurship

The role and opportunities of sustainable and value-creating entrepreneurship in a changing economic environment, analysis of the business environment. Trends in the development of business opportunities. Customer-centricity and journey mapping, changing values and communication. Development of a value proposition into a business model. Technology and business model innovation. Ethical view of the business model, values and social responsibility. Financial projection of a business project - cost price, break-even and ability to read financial statements. Entrepreneurship - science or art? Overviews of research areas in the field of entrepreneurship. Reflection - we develop entrepreneurial competencies through the course, incl. teamwork, creativity, planning skills up to metacognition and self-management. Assessing the advancement.

NB! This course will take place in autumn semester 2025/2026 which starts on 1st of September and ends on 25th of January (you can find that information under Start date section). TalTech's timetables for Autumn semester 2025 will be published at the end of June via tunniplaan.taltech.ee. Switch the page to English and use "Search" and "Open detailed search" to find your course. NB! Some courses are taught by several lecturers during the same semester. Make sure that the course name and lecturer/teacher infromation of your course match with the information given in the Course Catalogue.

After completing this course, the student:

• understands the role of growth mindset and entrepreneurial competences in entrepreneurship and areas for own development; understands the entrepreneurial process and its interdisciplinary nature;
• knows and analyses the business environment and opportunities from the perspective of sustainability;
• is orienting in marketing principles and basic financial literacy in business model context with ability of evaluate simpler marketing strategies and the company's general financial situation;
• can create a business model with initial cost and break-even point calculations;
• develops own entrepreneurial competences, incl. teamwork, creativity, planning skills - self-management.

Final assessment can consist of one test/assignment or several smaller assignments completed during the whole course. After declaring a course the student can re-sit the exam/assessment once. Assessment can be graded or non-graded. For specific information about the assessment process please get in touch with the contact person of this course. For specific information about grade transfer please contact your home university

None.

• Neck, H.; Neck, Ch.P.; Murray, E.L. Entrepreneurship. The practice and mindset. 14th.ed. 2020.

lectures, exercises