Creativity, Innovation & Entrepreneurship

Creativity and Innovation: Meaning, Difference Between Innovation and Creativity, Innovation types & Platforms, Business Model Innovation, Service Innovation, Design-led innovation, Improvisation, Large firm Vs. Start-up innovation, Co-creation and Open Innovation, Developing an Innovation Strategy, Sources of Innovation, Innovation Environment, Creative Destruction

Entrepreneurship: Meaning, Definition and Concept, Factors Affecting Entrepreneurship, Characteristics and Skills of an Entrepreneur, Entrepreneur v/s manager. Concept of Intrapreneurship, Types of Entrepreneurs, Functions of entrepreneur, Entrepreneurial Decision- Process, Challenges Faced by Entrepreneurs and Changing Role of Entrepreneur. Women Enterprises, Social, and Rural Entrepreneurship, Entrepreneurial Failure & Entrepreneurial Eco System.

Entrepreneurial Finance, Support to Entrepreneurs, Assistance and Entrepreneurial Development Agencies: Estimating Financial Funds Requirement; Sources of Finance — Banks, & Financial Institutions, Financing of Small-Scale Industries in Developing Countries. Role of Central Government and State Government in Promoting Entrepreneurship with Various Incentives, Subsidies, Grants, Export Oriented Units — Fiscal & Tax Concessions, Other Government Initiatives and Inclusive Entrepreneurial Growth. Overview of MSME Policy of Government In India, Role of Agencies Assisting Entrepreneurship: DICs, SSIs, NSICs, EDIINIESBUD, NEDB, Entrepreneurship Development Institute (EDI). New Initiatives Taken by Government to Promote Entrepreneurship

• From Idea to opportunity: Idea Generation- Sources and Methods, Identification and Classification of Ideas. Individual Creativity: Idea to Business Opportunity Process of New Venture and Its Challenges, Venture Capital, Angel Investing, Crowd funding
• Developing a Business Plan: Business Planning Process: Elements of Business Planning, Preparation of Project Plan, Components of an Ideal Business Plan — Market Plan, Financial Plan, Operational Plan, and, Feasibility Analysis — Aspects And Methods: Economic Analysis, Financial Analysis, Market-, and Technological Feasibility.

Launching a New Venture: Steps Involved in Launching a Business (Process Charts), Various Forms of Business Ownership, Registration of Business Units; Start-Up to Going IPO; Revival, Exit & end to aVenture.