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Level 6 Diploma in Logistics and Supply Chain Management

Foundations and Theories of Entrepreneurship

LSC601 · Entrepreneurship Development — Week 1 of 16

CourseLSC601
Week1 of 16
SemesterI
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This week’s topics

Foundations and Theories of Entrepreneurship

  1. Economic, psychological, and sociological theories
  2. Schumpeterian creative destruction
  3. Kirznerian alertness
  4. Role of the modern entrepreneur
  5. Who is an Entrepreneur?
  6. General introduction to the Entrepreneur
  7. Creative Destruction: Technology and Trade (episode 2)

What you will be able to do

  • 1.1 Explain the role of the entrepreneur in business.
  • 1.3 Analyse theories of entrepreneurship used in business.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: explain the role of the entrepreneur in business.

Study materials

Videos

  • General introduction to the Entrepreneur · YouTube · Galton College · 14 min · for registered students
  • Creative Destruction: Technology and Trade (episode 2) · YouTube · Marginal Revolution University · 8 min · for registered students
  • The Power of Creative Destruction: Economic Upheaval and the Wealth of Nations | LSE Online Event · YouTube · LSE · 56 min · for registered students

Further resources

  • Entrepreneurship, ch. 2: The Entrepreneurial Journey and Pathways · PDF · OpenStax, textbook chapter; pp. 49–98 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Week 2
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: Foundations and Theories of Entrepreneurship
  • Week 2: The Entrepreneurial Process in Practice
  • Week 3: Opportunity Recognition and Environmental Analysis
  • Week 4: Factors Impacting Venture Viability
  • Week 5: Venture Financing and Capital Structures
  • Week 6: Entrepreneurial Behaviour Patterns
  • Week 7: Entrepreneurial Development Programmes
  • Midterm: Midterm evaluation
  • Week 9: Innovation in Business Management
  • Week 10: Entrepreneurship and Macroeconomic Growth
  • Week 11: Regional Development and Social Stability
  • Week 12: Applying Entrepreneurship Development in practice: case stu…
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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