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UMKC CATALOG
2009-2010 Catalog Graduate Courses Henry W. Bloch School of Business and Public Administration Entrepreneurship

Entrepreneurship
ENT 5515      Entrepreneurship Boot Camp
This course is designed to provide students with an understanding of the process for identifying and evaluating entrepreneurial opportunities. Students will also learn how strategy, marketing, financial, legal matters, and cash flow impact opportunities in terms of execution and growth and how to position a new firm for success. The course will encourage students to reflect on their own entrepreneurial potential and to evaluate entrepreneurship as a potential career path. Even those who do not feel that they are entrepreneurs will benefit by discovering how to function more effectively in entrepreneur-led organizations. Furthermore, those responsible for technical innovation and business development within existing organizations should find this course helpful. This course is open to all UMKC graduate students.
3 hrs
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ENT 5525      Entrepreneurship: Managing Creativity And Innovation
The course examines the nature of creativity and innovation and how entrepreneurship involves the ability to identify market opportunity based on new ideas. Detailed attention is given to the entrepreneurial process: the concepts, skills, know-how and know-who, information, attitudes, alternatives and resources that entrepreneurs need to manage creativity in the process of creating something with tangible economic value.
3 hrs
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ENT 5535      Small Business Management And Entrepreneurship
This course focuses on the nature of the entrepreneurial organization; its volatility and flux, where standard operating procedures are lacking and organizational structure, culture and leadership style are created anew each day. Successful small business management requires that a series of developmental challenges be identified and addressed if the venture is to succeed.
3 hrs
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ENT 5541      Personal Entrepreneurial Strategy
This course is a cooperative offering between UMKC, University of Kansas, and Rockhurst University and is taught at Kauffman Legacy Park. The course applies the case method to allow the student to learn about the entrepreneur and the entrepreneurial process, understand the sacrifices and benefits of being an entrepreneur, and develop professional skills relevant to entrepreneurial activity. Prior approval required for enrollment. Prerequisites: BUS-ADM 5531 or MKT 5531, BUS-ADM 5532 or FIN 5532, BMA 5506 MGT 5506 or equivalents.
3 hrs
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ENT 5542      Technology and New Ventures I
This course will build skills needed to create successful, high-value enterprises with technology. Emphasis will be on markets for technology, and venture capital. Case studies will emphasize the information technologies and energy/environmental technologies.
3 hrs
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ENT 5543      Technology And New Ventures II
This course will draw upon the skills developed in ENT 5542 to enable student teams to prepare business plans for new ventures they might actually like to start. The information technologies and energy/environment will be emphasized, but students are welcome to propose any technologies. Prerequisites: ENT 5542 or equivalent
3 hrs
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ENT 5545      Entrepreneurship And New Venture Creation
The objectives of this course are: (1) to build personal appreciation for the challenges and rewards of entrepreneurship in an independent mode by examining/simulating its environment; (2) to present and examine, through the use of complex case studies and high level guest/lectures, economic, legal and managerial mechanisms proven useful in creating new wealth; and (3) to foster continued development of venture ideas, suitable as career entry options or for investments, using a tutorial approach to business plan development, presentation and evaluation.
3 hrs
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ENT 5546      Innovation & Entrepreneurship I
This course, the first of a two-course sequence, covers the entrepreneurial and innovation process from conception to birth of the new business. It looks at both process and people involved in assessing ideas, exploiting opportunities, and converting concepts into high-growth businesses. Application of the processes will be extended to both start-ups and well as new business groups within existing organizations, with an emphasis on nurturing a climate of innovation. Students will identify opportunities for high-growth potential new enterprises, develop a business plan, and present their plans to a panel of potential investors and/or senior managers.Prerequisite: Admission to the Executive MBA program
2 hrs
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ENT 5547      Innovation & Entrepreneurship II
This course, the second of a two-course sequence, covers the entrepreneurial and innovation process from conception to birth of a new business. It looks at both process and people involved in assessing ideas, exploiting opportunities, and converting concepts into high-growth businesses. Application of these processes will be extended to both start-ups and well as new business groups without existing organizations, with an emphasis on nurturing a climate of innovation. Students will identify opportunities for high-growth potential new enterprises, develop a business plans, and present their plans to a panel of potential investors and/or senior managers.Prerequisite: Admission to the Executive MBA Program, ENT 5546
2 hrs
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ENT 5561      New Venture Creation and Product Innovation
This course covers the first part of a two-course sequence and brings together several disciplines students have encountered in the first year of the Executive MBA program curriculum. Students will gain experience in new venture creation and product innovation management. A management simulation will serve as a continuing, evolving "case" in which course participants working in teams assume "CEO" roles.Prerequisites: Admission to Executive MBA program
1 hr
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ENT 5562      Managing a High-Growth Business
This course covers the second part of a two-course sequence and brings together several disciplines students have encountered in the first year of the Executive MBA program curriculum. Students will gain experience in new venture creation and product innovation management. A management simulation will serve as a continuing, evolving "case" in which course participants working in teams assume "CEO" roles.Prerequisites: Admission to the Executive MBA program
1 hr
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ENT 5585      Venture Capital Finance And Investment
This course is designed for students who wish to learn about or become involved in the venture capital market as investors or intermediaries in emerging growth companies seeking capital. With this goal, the course will define the venture capital market and where it fits relative to other sources of capital; examine how private equity funds are raised and structured, how investments are sourced; selected; and negotiated; and the role of the value-added investor through investment to liquidity. The course presents and provides applications for various frameworks of valuing and structuring investment opportunities. Suggested Prerequisites: BUS-ADM 5532 or FIN 5532 and one of the following ENT 5515,ENT 5525, ENT 5535, ENT 5541, or ENT 5545 (or equivalents)
3 hrs
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ENT 5587      Seminar In Entrepreneurship
A course on advanced and/or new topics. This course is designed to facilitate at least one of two purposes: an initial offereing of a new course (prior to formal approval) or an initial and possibly final offereing of new topics. New topics include those that are contemporary, cutting edge, or advanced topics that are not currently covered by existing courses. Prerequisite: Various, including permission of instructor.
1-6 hrs
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ENT 5591      Small Business Management Practicum
An integrated management course designed to examine the principles of business management applicable to solving the problems of small and medium size businesses and assisting in their development. Prerequisite: Completion of core requirements.
3 hrs
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ENT 5595      Internship
An opportunity for students to integrate their academics studies via employment with a business/organization in the community.Prerequisite: admission only by prior approval and consent of instructor.
1-3 hrs
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ENT 5597      Independent Study
Independent study and research in areas of special interest under individual faculty direction.Prerequisite: Preregistration consent of instructor
1-6 hrs
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ENT 5681      Multivariate Statistical Methods-II
Theoretical and research applications of MANOVA, canonical correlation, multi-discrimination analysis, factor analysis, and introduction to structural equation modeling using appropriate software. Students are expected to undertake a major research project during this class and to apply appropriate multivariate statistical analysis to their chosen academic research topic. Prerequisite: BDS 5548 or DSOM 5516, or equivalent
3 hrs
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ENT 5682      Structural Equation Modeling
This course presents structural equation modeling (SEM) including a review of regression and the study of path analysis, including model specification, methods of estimation, recursive and non-recursive models; direct, indirect, and total effects methods of estimation; single and multi-group analyses; moderators; mediators; structural equation model specification; identification, methods of estimation, second-order factor analysis, and the assessment of casual structure. Students are expected to continue a research project started in ENT 5681. Prerequisite: ENT 5681
3 hrs
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ENT 5683      Mathematical Models For Entrepreneurship
The purpose of this course is to provide an introduction to mathematical models in entrepreneurship and related disciplines. Classes will focus on the use of mathematical models to characterize the nature of various entrepreneurship-related decisions in complex environments. For each topic considered (e.g., R&D investment decisions in new product entry, diffusion, and marketing mix variables), a few articles have been chosen. Presentations and discussions are designed to help students understand and critique existing models and to stimulate the development of new theoretical viewpoints.Prerequisite: Doctoral standing or with instructor's permission.
3 hrs
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ENT 5691      Doctoral Seminar In Theoretical Foundations Of Entrepreneurship I
ENT 5691 is designed as a broad survey of major topics in the field of entrepreneurship. Its objective is to familiarize students with some of the primary theoretical underpinnings of the field as well as some of the common and/or promising methodological approaches to the study of entrepreneurial phenomena. Topics covered in the course include a theoretical overview, entrepreneurs, environment and organizational founding. Prerequisite: Doctoral standing
3 hrs
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ENT 5692      Foundations Entrepreneurship
ENT 5692 is designed as a continuation of ENT 5691, providing a broad survey of major topics in the field of entrepreneurship. Its objective is to familiarize the student with some of the primary theoretical underpinnings of the field as well as some of the common and/or promising methodological approaches to the study of entrepreneurial phenomena. Topics covered in the course include: entrepreneurship's links with other diciplines, venture capital and venture capitalists, new venture strategy, new venture performance, growth processes and challenges, and entrepreneurial networks and alliances. Prerequiste: IEI 691
3 hrs
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ENT 5693      Technology, Innovation, And Entrepreneurship
This seminar will explore academic literature of technology, innovation, and entrepreneurship. Specific topics include emerging technologies, evolutionary theory, building capabilities based on networks, organizational learning, technological innovation, institutional economics, network externalities, knowledge transfer, technological trajectories and path dependencies. Prerequisite: Doctoral standing
3 hrs
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ENT 5694      Doctoral Seminar In Theories Of The Fim And Strategy
In this course, students will become familiar with and develop an in-depth understanding of the concepts, models, and paradigms that collectively form the foundation for strategic thinking. Students will develop the ability to critically integrate findings from strategic research programs. Employing an appreciation for the interdisciplinary nature of strategic marketing and management, the purpose is to develop a keen awareness of major gaps that exist in the strategic literature. Students will strengthen the skills needed to conduct original strategic marketing research that can be published in the leading academic journals. Prerequisite: Doctoral Standing
3 hrs
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ENT 5899      Required Graduate Enrollment
1 hr
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