Thursday, 29 December 2016

Teaching Plan

Tourism Entrepreneurship and Venture Creation 
Course Objectives
The major emphasis of the course will be on creating a learning system through which MBA (TTM) students can acquaint themselves with in-depth appraisal of topics in the Entrepreneurship & New Venture Creation and special challenges of starting new ventures and introducing new product and service ideas in tourism and allied sectors.
§  To instil a spirit of entrepreneurship among the students participants.
§  To provide a holistic overview on the competence needed to become an entrepreneur.  
§  To develop necessary knowledge and entrepreneurial skills among the students. 
§  To give insight into starting new venture in tourism and allied sectors.

Course Code
PGTTM3C0001T
No of Credit
04
Total Marks
100
Semester
Third
Teaching Method
Lecturing, Case Study, Group Discussion, Quizzing and Extempore
Learning Outcome 
Knowledge, Comprehension, Synthesis,  and Application 
Practical Activities
Tourism Intelligence  Club(TIC)
Course In charge
Mr. Ranjeet Kumar Raman, Assistant Professor

NO OF CLASS
NO OF HOURS
TITLE OF TOPIC TO BE TAUGHT
SUGGESTED READING SL. NO
01
01
The concept of entrepreneurship
11
02
02
Theories of Entrepreneurship 

,3, 7,11
01
01
The entrepreneur : Definition and concept

3, 7,11
01
01
Classification of entrepreneurs

3, 11
01
01
Entrepreneurial competencies

3, 7,11
01
01
Characteristics of entrepreneurs

11
01
01
Role of entrepreneurship in nation building 

6, 10, 11
02
02
Social Entrepreneurship: Concept and Case of Ashoka Innovators for the Public

2, 11, 12
01
01
New Venture Creation-Exploring Tourism Business Opportunities: Introduction
3,4,7,11
02
02
Creativity, Innovation and Entrepreneurship
6, 7
01
01
Innovation-driven Entrepreneurship: Putting India in the Global Map
6
01
01
Understanding Business Incubation

6
01
01
Role of R & D and University/institutions in creating new venture

6
01
01
Tourism Industry & SMTEs perspectives

3, 4
01
01
Tourism–related business opportunities

3, 4, 6
02
02
Developing Entrepreneurial Marketing: Networks and collaboration

3,4,6,11
03
03
Financial support for new venture creation-Role of banks, Venture Capital, Angel funding etc
3, 6, 11
02
02
Feasibility study: Testing your business Ideas

3,4 ,5,6,11
01
01
Purpose of feasibility study

3,4 ,5,6,11
01
01
Feasibility study: advantages/disadvantages

3,4 ,5,6,11
03
03
Components of feasibility study: Market feasibility,Production/Technical feasibility, Financial feasibility and Organizational/ Management feasibility

3,4 ,5,6,11
01
01
Business Plan-The Roadmap to Success:
Definition & Purpose

3,4 ,5,6,11
01
01
Principles of planning

3,4 ,5,6,11
01
01
Importance of business planning

3,4 ,5,6,11
02
01
Components of business plan

3,4 ,5,6,11
01
01
Format of a Business Plan

3,4 ,5,6,11
02
02
Project Proposal for Tourism Business Verticals
3,4 ,5,6,11
01
01
Policy Framework of Ministry of Skill Development & Entrepreneurship

e-Resource
01
01
National Policy on Skill Development & Entrepreneurship-2015

e-Resource



01
01
Ease of Doing Business- Central Government Initiatives

e-Resource
01
01
Make In India and Start-ups India etc.

e-Resource
02
02
Business Support Organizations/Institutions (NSTEDB, NIF, NIESBUD, EDII, IIE, JKEDI etc.).
e-Resource
02
02
Micro, Small, Medium Enterprises Development (MSMED) Act.

e-Resource
01
01
Location of enterprises

3,4, 11
01
01
Factors influencing the location of projects

3, 4, 11
02
02
Steps for starting a MSMEs

4, 11
01
01
Selection of types of ownership organization

3,11
03
03
Guidelines for selected Tourism Enterprise (e.g., Bed and Breakfast, Guest House, Restaurant (Stand alone), Domestic Tour Operator, Travel Agency, Tourist Transport Operator).
4
Reading References
1.     Anil K. Lal and Ronald W. Clement (2005). Economic development in india: the role of individual enterprise (and entrepreneurial spirit), Asia-Pacific Development Journal, Vol (12), No (2), 1-39.

2.     Atu Bagus Wiguna and Asfi Manzilati(2014).Social Entrepreneurship and Socio entrepreneurship: A Study with Economic and Social Perspective. Procedia - Social and Behavioral Sciences 115 (2014) 12 – 18.

3.     Alison Morrison, Mike Rimmington and Claire Williams (1999). Entrepreneurship in the Hospitality Tourism and Leisure Industries. Elsevier Ltd.

4.     Chowdhary, N & Prakash, M (2010). Managing A Small Tourism Business, Matrix Publication, New Delhi

5.     Danilo L, Fonollera (2009). Feasibility Study, Project Proposal and Business Plan, Western Midanao state University, Philippines.

6.     Developing Ecosystem for Knowledge to Wealth Creation, National Science & Technology Entrepreneurship Development Board (NSTEDB) Department of Science & Technology.

7.     Entrepreneurship: New Venture Creation by David H. Holt.
8.     Mihai Lisetchi and Laura Brancu(2014). Procedia - Social and Behavioral Sciences .

9.     Michael Morris (2011). Starting a Successful Business. Koganpage

10.  The effect of entrepreneurship on national economic growth: an analysis using the GEM database.

11.  Vasant Desai (2014).The Dynamics of Entrepreneurial Development & Management. Himalaya Publication House.

12.  W. Zhao et al.(2011). Social capital and tourism entrepreneurship, Annals of Tourism Research 38 (2011), 1570–1593.

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