The indented learning outcomes for the course are for the student to be able to:

• analyse and explain why firms grow and what it means for society as a whole
• explain different kinds of resources and its importance for firm growth
• explain the concept of competitive advantage and analyse the competitive advantages of high growth enterprises
• describe the concept of international growth and explain for whom and why it may be appropriate
• describe different kinds of venture capital, use basic models of corporate valuation and argue for its importance for ventures in different growth stages
• explain the concept of exit model, for whom and why a certain exit model would be appropriate
• adapt personal goals and corporate strategies to change personal and business conditions
• argue for common challenges when deciding to expand and grow a venture
• understand and demonstrate how a company can remain entrepreneurial when entering a growth phase

Content

The objective of this course is to provide students with insights into the problems and opportunities involved in managing growth in entrepreneurial ventures. The course is designed to introduce a series of concepts, frameworks, and heuristics that enable people to manage entrepreneurially in organisations of all sizes and types.

The course focuses on the decisions and actions owner-managers take in recognising and choosing opportunities, obtaining and allocating resources, challenging and directing personnel, and adapting personal goals and corporate strategies to changing personal and business conditions. In this process, the course examines management challenges that are typical of different stages in the business’s development – start-up, growth, change of direction, etc.

Using this framework, the course will discuss issues of particular importance to rapidly growing firms such as developing networks, managing with limited resources, cash planning, delegation, and professionalizing the business as it grows, dealing with crises, while at the same time being careful to avoid stifling the entrepreneurial spirit as the organisation becomes larger and more complex.

Teaching and learning activities

The course will mix and match lectures with debates, discussions and workshops by the students as well as leaders in the field.

Grades and form of assessment

Examination

The student’s grade will depend on three factors:

• Individual pre-class case analysis
• Literature Review
• Field report

Attendance

Attendance is mandatory.

Additional information

The course language is English.
The course is offered within the framework of the Stockholm School of Entrepreneurship.
Responsible institution: Stockholm School of Economics (SSE)

Literature and teaching aids

Literature will be announced in connection to the start and communicated to enrolled students.