FUNDAMENTALS OF BUSINESS ECONOMICS
ELEMENTI DI ECONOMIA AZIENDALE
| A.Y. | Credits |
|---|---|
| 2021/2022 | 6 |
| Lecturer | Office hours for students | |
|---|---|---|
| Mara Del Baldo | At the end of the lesson, in the classroom or, alternatively, in the Teachers' room. In addition, students can arrange appointments at times agreed with the teacher by sending an email |
| Teaching in foreign languages |
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Course with optional materials in a foreign language
English
This course is entirely taught in Italian. Study materials can be provided in the foreign language and the final exam can be taken in the foreign language. |
Assigned to the Degree Course
| Date | Time | Classroom / Location |
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| Date | Time | Classroom / Location |
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Learning Objectives
The aim of this course is to provide students with the basic concepts for the analysis of the economic system and the strategic behavior of firms that compose the theoretical fundamentals of the Business Economics, after a brief recall of the basic principles of Microeconomics.
The course also aims to provide students with the knowledge of business management and the phenomenon of the creation of new businesses, particularly in addressing the issues related to the process of start-ups and spin-offs. To this end, it places special emphasis to the analysis of economic and financial feasibility of new business initiatives through the instrument of the business plan, as well as to the management, to the transfer and protection of innovation and technological knowledge, focusing on the law and practice relating to patents and know-how.
Program
1) Fundamentals of business economics
-Business Economics: General principles of Business Administration and brief remind to basical concepts of micro economics
The definition of a company, classes and types of companies
The systemic view of the company
-The elements (sub-systems) of the company:
People (organization)
Assets (capital)
Operations (the management)
-The economic balance
The concepts of cost, revenue and income
The break-even point (BEP)
Financial needs, sources of funding and financial structure of a company
2) The creation of a new enterprise
New businesses and new entrepreneurs
Contexts and environmental conditions for the development of entrepreneurship
matiche, anche attraverso lampanyursonomics and management Laws in support of the new entrepreneurial initiatives
From research & development to the creation of a spin-off and a new venture.
3) The business plan
Purposes, utility, functions
Structure and content of the business plan
Summary of the business project
4) Patents and Technological transfer
How to manage the technological and innovative assets of a company
Patents: types of patents, types of protection and laws; national and international patenting.
Bridging Courses
Not existing.
Learning Achievements (Dublin Descriptors)
D1:The student must show an understanding of the concepts and theories provided by the course on Business Administration; he must be able to identify and interpret the management and business problems in the start-up stage and during the life of the business.
D2:The student must show the possession of the ability to use knowledge and concepts that allow to reason according to economic logic business management.
D3:The student will be able to identify the relevant factors for the start-up of a company and to assess the entrepreneurial attitudes and behaviors for the entrepreneurial activity, as well as the external and environmental factors which affect the business activity and the weaknesses and strengths of the business idea.
D4:The student must be able in particular, to interpret and formulate the business plan related to a new business venture or new investments and to identify the suitable forms and financial channels and resources.
The student must show an understanding of the provisions governing the protection of patents and know-how and to assess the choice of the appropriate form of protection of intellectual and industrial inventions.
Teaching Material
The teaching material prepared by the lecturer in addition to recommended textbooks (such as for instance slides, lecture notes, exercises, bibliography) and communications from the lecturer specific to the course can be found inside the Moodle platform › blended.uniurb.it
Supporting Activities
Lectures, seminars to deepen specific topics, through team-works, working groups, focus groups and in-depth papers analysis.
In order to facilitate the preparation of the exam, students can download from the Moodle Platform and consult all the material used during the lessons and organized in 5 ppt presentations on teaching modules (Mod 1: =Business Administration; Mod. 2 = New business creation, spin-off; Mod 3 = Business Plan and start-up; Module 4 = Patents and Technology Transfer)
A copy of the textbook (of the relevant paragraphs of reference) is available at the secretary's office.
Further supplementary material will be made available by the teacher in either electronic or paper format during the lessons.
Teaching, Attendance, Course Books and Assessment
- Teaching
Lectures, seminars to deepen specific topics, through team-works, working groups, focus groups and in-depth papers analysis.
In addition to class teaching actitivities, students are call to take part to seminal lessons/workshop (usually organized on Friday morning) that will involve entrepreneurs and practitioners who will take lectures on topics aimed to deepen the topics covered by the course program. The seminars will also provide additional formative credits
- Attendance
There is no obligation to attend. However, attendance at the lesson is highly recommended. The matter requires, in fact, the acquisition of a specific technical language, as well as the ability to conceptual abstraction and concrete application of some methodological tools. In order to facilitate the gradual learning of the appropriate subject and terminology, therefore, frequent lessons are recommended.
- Course books
Texts of study required
1) M. Paoloni, P. Paoloni, Introduzione ed orientamento allo studio delle Aziende, Giappichelli, To, 2009.
2) R. Parente, Creazione e sviluppo dell’impresa innovativa, Giappichelli, Torino, 2004. Chapters: 2, 3, 4, 5, 6. (are therefore excluded the parts of the program contained in the pages 160-162 and 172-185).
3) G.F. Campobasso, Manuale di Diritto Commerciale, Utet Giuridica, Torino, 2010. Chapter 7 (Opere dell’ingegno. Invenzioni industriali) pages 85-94.
4) Nicolò D. (2021) Business plan nella fase di start up. Idea imprenditoriale, modello di business e identità aziendale, Egea, Milano
Capitoli: 1: Le funzioni e i principi di redazione del business plan
Capitolo 2: La parte descrittiva del business plan: l’identità genetica aziendale,
Capitolo 3: la parte descrittiva del business plan: i risultati attesi e il profilo di rischio fino a pag. 87 quindi paragrafo 3.6.1 e seguenti esclusi)
Capitolo 4: le analisi preliminari allo start up: l’analisi dei costi e delle durate dei processi chiave (da pag. 105 fino a pag. da pag. 116 quindi al paragrafo 4.3 escluso)
- Assessment
Written test (including both open questions and closed questions for a total of 15 questions to be completed during one hour and a quarter) aimed at assessing students’ knowledge relative to the first part/module of the program (Business Economics). Each question is assigned a score of 2, for a total of 30 points.Exceeding the written test (obtaining a score at least equal to 18/30) is required to access the oral examination.
Oral test is based on the remaining parts of the program.The oral examination consists of maximum 3 open questions (about 15 mn) to verify the knowledge of the topics discussed in the course. Also for oral questions the maximum score is 30/30. The student must answer the open questions in an articulated and in-depth way, in order to demonstrate: to have mastered the concepts introduced during the course.The overall assessment of the student's level of preparation will be made taking into account the evaluation of the two tests (written and oral)
The students can: 1) perform the written test and the oral exam on the same day / exam session, thus complete in the same day the exam or 2) hold the oral test in a subsequent session, but not later than the further semester.
- Disabilità e DSA
Le studentesse e gli studenti che hanno registrato la certificazione di disabilità o la certificazione di DSA presso l'Ufficio Inclusione e diritto allo studio, possono chiedere di utilizzare le mappe concettuali (per parole chiave) durante la prova di esame.
A tal fine, è necessario inviare le mappe, due settimane prima dell’appello di esame, alla o al docente del corso, che ne verificherà la coerenza con le indicazioni delle linee guida di ateneo e potrà chiederne la modifica.
Additional Information for Non-Attending Students
- Teaching
Non-Attending students could use the same training materials adopted for attending students. Accordingly, the same methods of verification will be adopted.
Notes
The student can request to sit the final exam in English with an alternative bibliography.
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