12 August 2016
The objective of this course is to provide a better understanding of corporate finance issues confronting entrepreneurial firms. The issues will be explored by considering the differences between firms for which the standard corporate finance model is appropriate and firms for which the investment and financing issues are interdependent. An objective of this class is to further develop the framework used for thinking about finance issues and develop experience in applying this framework to making useful business decisions. Although the learning objectives will be focused on entrepreneurial ventures, they have direct application in more standard corporate, investments, insurance, and banking finance.
This class will take a pragmatic look at some of the financial issues confronting entrepreneurial ventures. The course uses an existing actual entrepreneurial venture to examine issues that arise with entrepreneurial finance. In 2015, the course evaluated the potential market size for an anti-infective that addressed potential complications associated with diabetic foot ulcers. In 2014, the course examined the license value of an anti-infective that addressed infections with implanted orthopedic medical devices. In 2013, the class examined a Danish energy venture that uses energy from the sun to decrease the energy costs of cooling buildings by taking advantage of thermodynamic properties of vacuums. Previous year’s projects included analyses of products addressing the European and North American bovine mastitis markets and products addressing the biofouling of ship’s hulls (biofouling costs the US Navy at least $1 billion each year, likely more for Maersk shipping).
Business and Finnace students
EUR 680: Danish and EU/EØS (tomplads): 680 EUR
EUR 1704: NON-EU-EØS students (free-mover): 1704 EUR