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Archived Curricula Guide 2017–2019
Curricula Guide is archieved. Please refer to current Curricula Guides
KATLITO4 Introduction to Entrepreneurship 5 ECTS
Organised by
Degree Programme in Business Studies
Management and Organization
Person in charge
Vesa Puhakka, Markku Ikävalko & Elena Ruskovaara (vesa.puhakka(a)oulu.fi; markku,ikavalko(a)lut.fi; elena.ruskovaara(a)lut.fi)

Learning outcomes

During the course, the student will form an understanding of entrepreneurship as a creative activity that happens in the form of business. After completing the course, the student will be able to:
- define the business-related principles, possibilities and challenges
- plan business initiating from customer needs, value creation, testing and agility
- interpret the business-related substance areas where competence is needed.


The decision to become an entrepreneur
- Introduction to entrepreneurship

Creating viable business ideas
- Creating business opportunities
- Preliminary research
- Industry analysis
- Business plan

From an idea to an entrepreneurial firm
- Building a team
- Analyzing the start-up strengths and weaknesses from the funding perspective
- Ethical and legal issues in starting a firm
- Writing a business plan and constructing a story
- Attracting funding

Managing an entrepreneurial firm and creating growth
- Understanding VC-operations
- IPRs
- Challenges of growth and managing growth
- Growth strategies
- Operation forms

Teaching language

Finnish, English

Modes of study

Option 1
Available for:
  • Degree Programme Students
  • Other Students
  • Open University Students
  • Doctoral Students
  • Exchange Students
In Finnish
Written exam 
In Finnish
Participation in course work 
In Finnish

2017-2018: Course assignments include:
- An introductory exam and familiarization with the course book.
- Online lectures and related assignments
- Workshops

2018-2019: Course assignments include:
- Familiarization with the course book
- Learning and reflection assignments
- Grouping exercises
The assignments are done on the online learning platform as both individual and group work.

The assignments are done both as individual and group work.

Evaluation and evaluation criteria

Numeric 1-5.
2017-2018: Student performance will be evaluated on a scale from 1 to 5. The student will decide in which scope he/she wants to take the course. A student who passes the themes and exercises of the first intermediate exam will get a grade of 1 or 2. If the student also passes the themes and activities of the second intermediate exam, he/she will get a grade of 3 or 4. If the student also passes the themes and activities of the third intermediate exam, he/she will get a grade of 5. Grade 0 indicates a fail. 2018-2019: Student performance will be evaluated on a scale from 1 to 5. The course consists of five modules and each module is linked to two chapters in the course book. Each module that the student completes contributes one grade point to the final grade. Hence, passing each of the five modules gives the grade five

Study materials

2017-2018: The teachers will specify the literature at the beginning of the course.

2018-2019: Barringer, B. & Ireland. D. (2012). Entrepreneurship: Successfully Launching New Ventures, 4th Edition. Prentice Hall. Later editions can also be used.

Further information

Spring 2018

Belongs to following study modules

Faculty of Management
Archived Teaching Schedule. Please refer to current Teaching Shedule.
Faculty of Management