Course Title and Purpose1. Course Title
SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) AND ENTREPRENEURSHIP - A CHALLENGE TO THE NEW EUROPE

2. Aims of the Course:
:: To understand importance of entrepreneurship and SMEs for economic development
:: To learn about economic policy and experiences in EU in the field
:: To identify practice in other transition economies
:: To be able to practically implement new EU policies in support of SMEs and entrepreneurship
Course Delivery3. Contents:
:: Economic theories on entrepreneurship
:: The role of entrepreneurs in economic development - leadership and innovation
:: Culture of entrepreneurship and economics of entrepreneurship
:: The importance  of SMEs in the last decades of twentieth and the beginning of     twenty first century
:: EU policies in support of SMEs development
:: External support to new small companies - best practices
:: The role of governments in SMEs support
:: Venture capital
:: Entrepreneurship in transition economies
:: Business ethics, stakeholders  and social responsibility of business
:: Corruption  and  measures to overcome it

4. Indicative Reading:
:: W.D Bygrave (ed.) The Portable MBA in Entrepreneurship, John Wiley & Sons, 1997
:: M.J.Dollinger, Entrepreneurship, Strategies and Resources, Prentice Hall, 2003
:: Venture Capital and Entrepreneurship in Central and Eastern Europe, Phare, EU, 1994
:: P.A.Lambing, Ch.R.Kuehl, Entrepreneurship, Prentice Hall, 2003
:: M-G-.Velasquez, Business Ethics, Concepts, Cases, Prentice Hall, 2002

5. Learning and Teaching Methods:

Total Contact Hours:
  42 (2 lectures + 1 seminar)


Range of other Learning Methods:
directed reading and discussions, essays

Total Study Hours:
   150
Course Assessment6. Course Learning Outcomes:
:: Demonstrate knowledge of the developments in the field of SMEs and entrepreneurship
:: Critically evaluate processes in transition economies and their integration in EU economy
:: Demonstrate knowledge of EU policies in SMEs and entrepreneurship support
:: Demonstrate knowledge of different government policies in SMEs support
:: Demonstrate knowledge on  the role of venture capital
:: Demonstrate knowledge  and understanding of business ethics, the role of   stakeholders and anti - corruption policies

7. Assessment Methods:

Number, Type and Weighting of Elements:
1.
Written paper - 25%
2.
Coursework - 25%
3. Final exam - 50%
Course Management 8. Credit Points and Duration:
8 credits, one semester

9.  Contact Person:
Prof. Dr Fuada Stanković, Faculty of Law
Email: fuada@pf.ns.ac.yu