The University of Southampton
Courses

MANG6278 Global Entrepreneurship

Module Overview

This module enables current and future leaders/managers to gain knowledge and understanding of the processes involved in new venture creation, growth and management in foreign countries by having regard to the peculiarities of different economies, societies and regulatory environments alongside the opportunities and challenges that such environments bring to global entrepreneurs.

Aims and Objectives

Module Aims

This module has been developed to recognise the increasing importance of, and to support, international entrepreneurship. International entrepreneurship is an established sub-domain of the entrepreneurship field. There is a growing recognition of the importance of contextual factors for entrepreneurship. Differences among national and cultural contexts create specific types of entrepreneurial opportunities and because such opportunities can be created in any country, this module is pertinent for those who wish to develop entrepreneurial careers in any country across the globe. Specifically, it examines the international aspects of entrepreneurial activity, and how firms are embedded within a rapidly changing and increasingly competitive global socioeconomic and political context. Venture capital firms, corporate venture funds and business angels have increased their financing in entrepreneurial start-ups outside of their countries of origin, while many entrepreneurial firms are now ‘born global’ in order to exploit international opportunities. This module provides an overview of global entrepreneurship, paying particular attention to the USA, Europe, and emerging economies, by examining context specific entrepreneurial strategies, processes and operations, which entrepreneurs are engaged in as they internationalise their entrepreneurial activities. This module recognises that new opportunities, resources, and innovations can emerge from anywhere, anytime. There will be a particular focus on emerging markets such as China, India, and Turkey. Aims: This module aims to examine the global nature of entrepreneurial processes across the world, with a particular focus on emerging markets. The module enables you to develop an understanding and awareness of how entrepreneurs create and manage new ventures in foreign countries, or create new firms which are global in nature. The module also examines the international environment in terms of the characteristics of different economies, societies and regulatory environments which affect global entrepreneurs. This includes, for profit, social entrepreneurship, in addition to high-tech ventures.

Learning Outcomes

Knowledge and Understanding

Having successfully completed this module, you will be able to demonstrate knowledge and understanding of:

  • Environmental factors (global and national) influencing international entrepreneurship;
  • Entrepreneurial processes in other countries/cultural settings and managing a growth orientated global entrepreneurial venture, including international expansion of a venture and sources of financing international entrepreneurship;
  • Relational aspects of international entrepreneurship that comprise of managing relationships with key stakeholders which impact upon ventures.
Subject Specific Intellectual and Research Skills

Having successfully completed this module you will be able to:

  • Understand and apply appropriate theoretical concepts, models, tools and techniques which facilitate international entrepreneurship;
  • Evaluate alternative approaches to internationalisation of new ventures;
  • Recognise and evaluate international opportunities for exploitation.
  • Diagnose global and national environments by evaluating characteristics of economy, society and policy making for entrepreneurship of all types, including science and social entrepreneurship;
  • Examine the entrepreneurship process and enterprises in different forms such as high technology ventures, social enterprises and family businesses from a cross-cultural perspective;
  • Identify all key stakeholders impacting upon any venture in international settings;
  • Understand international opportunity identification processes.
Transferable and Generic Skills

Having successfully completed this module you will be able to:

  • Use a wide range of information sources requiring the development of bibliographic skills;
  • Self-manage the development of learning and study skills, both individually and as part of a collaborative learning group;
  • Plan and control effectively for successful completion of a personal and group workload;
  • Communicate effectively, in both oral and written form, using and justifying argument within reports, presentations and debates;
  • Carry out team-work effectively.

Syllabus

The topics covered in this module will include: • Global and national context for entrepreneurship and enterprise development • Socio-cultural and policy environment for entrepreneurship • Why international expansion? Actors leading to internationalisation; theoretical perspectives on internationalisation; ‘born global’ entrepreneurship; evaluating international business opportunities; types of international expansion • Managing international expansion of ventures • Sources of financing in international ventures: venture capitalists, corporate venture funds and business angels • Women and entrepreneurship from an international perspective • International aspects of social entrepreneurship: social enterprises in the USA, Europe and emerging economies • International entrepreneurship in family businesses

Learning and Teaching

Teaching and learning methods

Teaching methods include: Lectures, interactive case studies, problem-solving activities, directed reading, and private/guided study. Visiting speakers/interaction with entrepreneurs if available. Learning activities include: • Lectures • An assignment (individual written coursework and group presentation) • Case study/problem solving activities • In class debate and discussion • Private study • Use of video and online materials Class activities, such as problem solving activities, discussions and use of case studies will provide opportunities for you to gain feedback from your tutor and/or peers about their level of understanding and knowledge prior to any formal summative assessment. Feedback on the coursework and the group presentation will normally be provided through a written report for each individual/group within four week of the submission date.

TypeHours
Independent Study126
Teaching24
Total study time150

Resources & Reading list

Family Business Review. Journal

Small Business Economics. Journal

Hisrich, R. D (2015). International Entrepreneurship: Starting, Developing and Managing a Global Venture. 

Journal of Economic Geography. Journal

Journal of Business Venturing. Journal

International Journal of Entrepreneurship. Journal

Roper, S. (2013). Entrepreneurship: A Global Perspective. 

British Journal of Management. Journal

Journal of Small Business Management. Journal

Oviatt, B. M. and Mc Dougall, P. P. (2007). International Entrepreneurship. 

Entrepreneurship and Regional Development. Journal

Journal of Management Studies. Journal

Entrepreneurship: Theory and Practice. Journal

Etemad, H. and Wright, R (2003). Globalization and Entrepreneurship. 

Dana, L. P. (2006). Handbook of Research on International Entrepreneurship. 

Assessment

Formative

Class discussions

Summative

MethodPercentage contribution
Group presentation 30%
Individual assignment  (3000 words) 70%

Repeat

MethodPercentage contribution
Individual assignment  (1200 words) 30%
Individual assignment  (3000 words) 70%

Referral

MethodPercentage contribution
Individual assignment  (3000 words) 70%
Individual assignment  (1200 words) 30%

Repeat Information

Repeat type: Internal & External

Costs

Costs associated with this module

Students are responsible for meeting the cost of essential textbooks, and of producing such essays, assignments, laboratory reports and dissertations as are required to fulfil the academic requirements for each programme of study.

In addition to this, students registered for this module typically also have to pay for:

Books and Stationery equipment

Core books approx. £120.00

Textbooks

Recommended texts for this module may be available in limited supply in the University Library and students may wish to purchase the core/recommended text as appropriate.

Please also ensure you read the section on additional costs in the University’s Fees, Charges and Expenses Regulations in the University Calendar available at www.calendar.soton.ac.uk.

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