Entrepreneurship Laboratory in Emerging Economies
Code:
IML221Name:
Entrepreneurship Laboratory in Emerging EconomiesTeaching semester:
AutumnLocations:
OsloYear:
2026 — 2027Teaching language:
EnglishStudy points:
10 Credits
Higher Education Entrance Qualification.
For exchange students from NLA’s partner institutions: The students must be studying business administration or a related field of study.
Elective course in Bachelor in Innovation, Marketing and Management and in Bachelor of Business Administration.
This is a course where the students learn practical methods for enabling business start-up in emerging economies. The students will work on an assigned emerging economy business idea, develop a business plan, and form realistic strategies and plans for the start-up process. The student will work in a group giving advice to an micro-entrepreneur in an emerging economy. Participation in a study trip to an emerging economy is mandatory.
After completing the course, the student has the following learning outcomes:
Knowledge
The student has:
- insight into and understanding of how the start-up of new businesses and the establishment of new business areas in existing businesses can take place
- knowledge and understanding of financing new businesses
- understanding of revenues and expenses that are relevant to new businesses in different contexts
- knowledge of methods for identifying opportunities and gaps in markets
- knowledge of methods to critically evaluate new business ideas
- knowledge of H.N. Hauge's motivations and practices in the establishment of new businesses and their relevance for the present
- knowledge of the nature of the economy, culture and entrepreneurship ecosystem in emerging economies compared to developed.
Skills
The student:
- can formulate a business plan for the start-up of a new business or the start-up of a new business area in an existing company
- has an ability to present and apply relevant theory for the marketing of new businesses for segmentation and targeting of markets, positioning in markets, as well as development of products and services
- has knowledge of opportunities and limitations on new initiatives in international development and growth
- can use at least one template / method for developing a business plan
- can present business ideas using presentation tools in a short and concise manner (pitch)
- can understand the history and colonial post colonial development of emerging economies
General competence
The student has:
- an understanding of ethical aspects of start-up and ethical dilemmas in entrepreneurship and innovation processes
- an understanding of personal challenges that entrepreneurs face as they develop new businesses
Key themes in entrepreneurship such as business idea generation, product and service development, presentation skills and pitching, marketing in an entrepreneurial context, budgeting, financing, ethics and sustainability of new businesses, the entrepreneurial process, and implementation strategies. The course is built up around the development of a business and start-up plan.
Cases, group/teamwork, field trip and lectures.
Expected workload in this course is minimum 250 hours.
The following mandatory learning activities must be approved before students can present themselves for final assessment:
- 80% attendance in class
- Group assignment, Development of a business plan including strategies for implementation.
Should a student fail the assignment, he/she will be given a second opportunity, in the same academic term, to hand in an improved assessment.
Approved/Not approved.
Exam in two parts:
- Group exam: Deliver a business plan of a new business or a new business area in an existing business based on the work requirement. Each group member submits their copy of the group assignment at the same time as the individual written exam.
- 3-hour individual digital home examination
A single individual grade is given based on an overall assesment.
Project exam in groups and individual digital home exam are graded as one individual grade from A to F with A being the top grade and F being Fail.
All.
English, Scandinavian Languages and Norwegian
No.
The course overlaps 7,5 ECTS credits with BEI101N Sustainable business and product development and IML225 Sustainable business and product development.
The course is evaluated according to the quality system for NLA University College.
Participation on a study trip to an emerging economy is mandatory and will require extra costs for the student.
The course may be taught in Norwegian, other Scandinavian languages, and/or English.
Higher Education Entrance Qualification.
For exchange students from NLA’s partner institutions: The students must be studying business administration or a related field of study.
Compulsory course in Bachelor in Innovation, Marketing and Management. Elective course in Bachelor of Business Administration.
This is a course where the students learn practical methods for enabling business start-up in emerging economies. The students will work on an assigned emerging economy business idea, develop a business plan, and form realistic strategies and plans for the start-up process. The student will work in a group giving advice to an micro-entrepreneur in an emerging economy.
After completing the course, the student has the following learning outcomes:
Knowledge
The student has:
- insight into and understanding of how the start-up of new businesses and the establishment of new business areas in existing businesses can take place
- knowledge and understanding of financing new businesses
- understanding of revenues and expenses that are relevant to new businesses in different contexts
- knowledge of methods for identifying opportunities and gaps in markets
- knowledge of methods to critically evaluate new business ideas
- knowledge of H.N. Hauge's motivations and practices in the establishment of new businesses and their relevance for the present
- knowledge of the nature of the economy, culture and entrepreneurship ecosystem in emerging economies compared to developed.
Skills
The student:
- can formulate a business plan for the start-up of a new business or the start-up of a new business area in an existing company
- has an ability to present and apply relevant theory for the marketing of new businesses for segmentation and targeting of markets, positioning in markets, as well as development of products and services
- has knowledge of opportunities and limitations on new initiatives in international development and growth
- can use at least one template / method for developing a business plan
- can present business ideas using presentation tools in a short and concise manner (pitch)
General competence
The student has:
- an understanding of ethical aspects of start-up and ethical dilemmas in entrepreneurship and innovation processes
- an understanding of personal challenges that entrepreneurs face as they develop new businesses
Key themes in entrepreneurship such as business idea generation, product and service development, presentation skills and pitching, marketing in an entrepreneurial context, budgeting, financing, ethics and sustainability of new businesses, the entrepreneurial process, and implementation strategies. The course is built up around the development of a business and start-up plan.
Cases, group/teamwork and lectures.
Expected workload in this course is minimum 250 hours.
The following mandatory learning activities must be approved before students can present themselves for final assessment:
- 80% attendance in class
- Group assignment, Development of a business plan including strategies for implementation.
Should a student fail the assignment, he/she will be given a second opportunity, in the same academic term, to hand in an improved assessment.
Approved/Not approved.
Exam in two parts:
- Group exam: Deliver a business plan of a new business or a new business area in an existing business based on the work requirement.
- 2-hour individual digital home examination
A single individual grade is given based on an overall assesment.
Project exam in groups and individual digital home exam are graded as one individual grade from A to F with A being the top grade and F being Fail.
All.
English, Scandinavian Languages and Norwegian
No.
The course overlaps 7 ECTS credits with BEI101N Sustainable business and product development.
The course is evaluated according to the quality system for NLA University College.
Follow this link for reading list and academic resources.
Admission to Bachelor of Business Administration or Bachelor in Innovation, Marketing and Management. For exchange students from NLA’s partner institutions: The students must be studying business administration or a related field of study.
Compulsory course in Bachelor in Innovation, Marketing and Management. Elective course in Bachelor of Business Administration.
This is a course where the students learn practical methods for business start-up. The students will work on own or other business ideas, develop a business plan, and form realistic strategies and plans for the start-up process.
After completing the course, the student has the following learning outcomes:
Knowledge
The student has:
- insight into and understanding of how the start-up of new businesses and the establishment of new business areas in existing businesses can take place
- knowledge and understanding of financing new businesses
- understanding of revenues and expenses that are relevant to new businesses in different contexts
- knowledge of methods for identifying opportunities and gaps in markets
- knowledge of methods to critically evaluate new business ideas
- knowledge of H.N. Hauge's motivations and practices in the establishment of new businesses and their relevance for the present
Skills
The student:
- can formulate a business plan for the start-up of a new business or the start-up of a new business area in an existing company
- has an ability to present and apply relevant theory for the marketing of new businesses for segmentation and targeting of markets, positioning in markets, as well as development of products and services
- has knowledge of opportunities and limitations on new initiatives in international development and growth
- can use at least one template / method for developing a business plan
- can present business ideas using presentation tools in a short and concise manner (pitch)
General competence
The student has:
- an understanding of ethical aspects of start-up and ethical dilemmas in entrepreneurship and innovation processes
- an understanding of personal challenges that entrepreneurs face as they develop new businesses
Key themes in entrepreneurship such as business idea generation, product and service development, presentation skills and pitching, marketing in an entrepreneurial context, budgeting, financing, ethics and sustainability of new businesses, the entrepreneurial process, and implementation strategies. The course is built up around the development of a business and start-up plan.
Cases, group/teamwork and lectures.
Expected workload in this course is minimum 250 hours.
The following mandatory learning activities must be approved before students can present themselves for final assessment:
- 80% attendance in class
- Group assignment, 3-5 persons in each group: Development and presentation of a business plan including strategies for implementation. 3500 words +/- 15% (except bibliography). Oral presentation of the written assignment.
Should a student fail the assignment, he/she will be given a second opportunity, in the same academic term, to hand in an improved assessment.
Approved/Not approved.
3-hour individual school exam which counts 60% of the final grade. Business plan of a new business or a new business area in an existing business, counts 40% of the final grade.
Project examinations and school exam are graded from A to F with A being the top grade and F being Fail.
All.
English, Scandinavian Languages and Norwegian
No.
The course overlaps 7 ECTS credits with BEI101N Sustainable business and product development.
The course is evaluated according to the quality system for NLA University College.
Follow this link for reading list and academic resources.