Module Details

BE250-7-AU-CO: Theories And Practice Of Entrepreneurship

Note: This module is inactive. Visit the Module Directory to view modules and variants offered during the current academic year.

Year: 2017/18
Department: Essex Business School
Essex credit: 15
ECTS credit: 7.5
Available to Study Abroad / Exchange Students: No
Full Year Module Available to Study Abroad / Exchange Students for a Single Term: No
Outside Option: No

Supervisor: Dr Saadat Saeed
Teaching Staff: Dr Saadat Saeed
Contact details:

Module is taught during the following terms
Autumn Spring Summer

Module Description

This essential module is concerned with enabling students to acquire information, knowledge and a critical understanding of economic, sociological, psychological and managerial theories of enterprise creation and development and how they apply in practice in the world of business and other organisations. The focus is on the formation of new businesses, innovative growth, and their impact on economic and social development

Learning and Teaching Methods

The following learning and teaching methods will be used to inform the pedagogic structure of the module:

Lectures; Seminars; Discussion of case studies; Discussion of journal articles;
Class exercises; Group work; Tutorials; Signposting to other support

The lectures will be developed around the key concepts as mentioned in the indicative module content and will use a range of live examples and cases from business practice to demonstrate the application of theoretical concepts.

The seminars will focus extensively on business case studies and selected journal articles. Cases are drawn from a variety of sources including key business newspapers, journal articles, European Case Clearing House (ECCH) and Harvard Business Cases to encourage students to analyse international business environment in different business contexts and develop strategic approaches in response to the case requirements. The seminars are designed to help students to both develop and analyse case studies.

The class exercise will consist of individual and group work based on self-assessment questions and on other set tasks to provide students with the opportunity to develop critical and practical problem skills.


40 per cent Coursework Mark, 60 per cent Exam Mark


Individual Essay 3000 words (40%)

Other details

Written Examination - 2 hours (60%)

Exam Duration and Period

2:00 during Summer Examination period.

Other information

Optional Learning Component
It is the intention that all students on the MSc Entrepreneurship and Innovation Programme will be offered the opportunity to participate in visits to businesses, possible international business plan competitions and interaction with policy makers. Arrangements for these options will be made subject to interest, and separate costs are attributable for such activities. Participation is voluntary and these activities will not form part of any assessment of the programme. Students are however, encouraged to participate for the development of their CVs, their networks and personal employment, self-employment or business prospects.


  • Essential Reading
  • Selected chapters from:
  • Burns, P. (2016). Entrepreneurship and Small Business, Start-up, Growth and Maturity, 4th edition. Palgrave Macmillan
  • Mitra, J. (2012) 'Entrepreneurship, Innovation and Regional Development' Abingdon, Routledge
  • Kuratko, D.F. (2017) 'Entrepreneurship: Theory, Process, Practice', 10th edition, Ohio, South Western Cengage Learning
  • Recommended Reading
  • Selected chapters from:
  • Brynjolfsson, E. and A. McAfee (2014) 'The Second Machine Age: Work, Progress in a Time of Brilliant Technologies' New York, W.W. Norton
  • Leadbetter, C. (2014), 'The Frugal Innovator: Creating on a Shoestring Budget', Basingstoke, Palgrave Macmillan
  • Baumol, W. (2010) 'The Micro theory of Innovative Entrepreneurship, Princeton, Princeton University Press
  • Acs, Z.J. and D.B. Audretsch (2005) 'Entrepreneurship, Innovation and Technological Change' , Boston, Now Publishers
  • Mazzucato M. (2013) 'The Entrepreneurial State' London, Anthem Press
  • Acs, Z. (2008) 'Foundations of High Impact Entrepreneurship', Boston, Now Publishers
  • Marsh, P. (2012) 'The New Industrial Revolution: Consumers, Globalisation and the End of Mass Production' New Haven, Yale University Press
  • Swedberg, R. (ed) (2000)' Entrepreneurship: the Social Science View' Oxford, Oxford University Press
  • Bhide, A. (2008) 'The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World', Princeton, Princeton University Press
  • Bhide A. (2000) 'The Origin and Evolution of New Businesses' Oxford, Oxford University Press
  • Acs, Z.J. and D.B. Audretsch (2005) 'Handbook of Entrepreneurship Research: An Interdisciplinary Survey and Introduction 'Springer
  • Casson, M. B. Yeung, A. Basu and N. Wadeson (2008), 'The Oxford Handbook of Entrepreneurship' Oxford, Oxford University Press
  • Audretsch, D. B. (2006) 'Entrepreneurship, Innovation and Economic Growth' Cheltenham, Edward Elgar
  • Hisrich, R.D.M.P. Peters and D.A. Shepherd (2006) 'Entrepreneurship', 7th ed , New York, Mc-Graw-Hill, Irwin
  • Freytag, A. and R.Thurik (eds) 'Entrepreneurship and Culture' (2010), London, Springer
  • Parker, S.C. (2004) 'The Economics of Self-Employment and Entrepreneurship', Cambridge, Cambridge University Press
  • Jansen, W., W. Steenbakkers and H. Jagers (2007) 'New Business Models for the Knowledge Economy' ' Aldershot, Gower
  • Tsang, D (2006). 'The Entrepreneurial Culture: Network Advantage within Chinese and Irish Software Firms', Cheltenham, Edward Elgar
  • Sheshinski, E. R.J. Strom and W.J. Baumol (eds) (2007), 'Entrepreneurship, Innovation and the Growth Mechanism of the Free-Enterprise Economies', Princeton, Princeton University Press
  • Tidd, J and J. Bessant (4th ed) (2009) 'Managing Innovation: Integrating Technological, Market and Organisational Change', Chichester, John Wiley
  • Aldrich, H., (1999) 'Organisations Evolving', London, Sage.
  • Storey, D. (1994) 'Understanding the Small Business Sector', London, Routledge.
  • Timmons, J.A.and S.Spinelli (2007) 'New Venture Creation: Entrepreneurship for the 21st Century' 7th ed. New York. McGraw-Hill
  • Westhead, P, and Wright, M (2000), 'Advances in Entrepreneurship' Vols I, II, and III, Cheltenham, Edward Elgar.
  • Welch, H.P. (ed) (2004), 'Entrepreneurship: The Way Ahead' London, Routledge.
  • Sarasvathy, S. (2008) 'Effectuation: Elements of Entrepreneurial Experience' Cheltenham, Edward Elgar
  • Casson,M., (2000), 'Economics of International Business', Cheltenham, Edward Elgar.
  • Dana, L-P., (2004), 'Handbook of Research on International Entrepreneurship', Cheltenham, Edward Elgar.
  • Drucker, P. (1985), 'Innovation and Entrepreneurship' London, Pinter.
  • Foss, N., and Mahnke, V., (eds), (2002), 'Competence, Governance and Entrepreneurship: Advances in Economic Strategy Research' Oxford, Oxford University Press.
  • Glancey, K.S., McQuaid, RW, (2000) 'Entrepreneurial Economics' Basingstoke, Macmillan.
  • Manimala, M. (1999), 'Entrepreneurial Policies and Strategies: the innovator's choice', New Delhi, Sage.
  • Shane, S. (ed) (2002), 'The Foundations of Entrepreneurship' Vols. 1 and 2, Cheltenham, Edward Elgar
  • Schoonhoven, C.B., and Romanelli, E. (eds) (2001) 'The Entrepreneurship Dynamic: origins of entrepreneurship and the evolution of industries' Stanford, Stanford University Press.
  • Schumpeter, J.A., (1994), 'Capitalism, Socialism and Democracy', London, Routledge.
  • Blokker, P. and B. Dallago (eds),(2008) 'Youth Entrepreneurship and Local Development in Central and Eastern Europe' Aldershot, Ashgate
  • Note that the Recommended Reading long list is an indicative list of good books on the subject of Entrepreneurship and Innovation. You will be recommended to read selected chapters together with refereed journal articles. The list also gives you an opportunity to consider additional reading for when you write your dissertation or your Comprehensive Business Plan, and to help develop your understanding of the subject further if you have a particular interest in entrepreneurship and its importance in the world today.
  • Journals: Selected articles only
  • Entrepreneurship: Theory and Practice
  • Entrepreneurship, Innovation and Change
  • Journal of Entrepreneurship and Innovation in Emerging Economies (available from January, 2015
  • Small Business Economics
  • Harvard Business Review
  • International Journal of Management and Enterprise Development
  • Journal of Business Venturing
  • International Small Business Journal
  • International Journal of Entrepreneurship and Innovation
  • Journal of Small Business and Enterprise Development
  • Journal of Enterprising Culture
  • Journal of Entrepreneurship
  • McKinsey Quarterly
  • Sloan Management Review

Further information