Master effectual entrepreneurship: Learn expert strategies for venture creation and uncertainty management.
Master effectual entrepreneurship: Learn expert strategies for venture creation and uncertainty management.
Dive into the world of effectual entrepreneurship with this comprehensive course led by Saras Sarasvathy, Paul M. Hammaker Professor at the University of Virginia Darden School of Business. Discover how to overcome common obstacles in entrepreneurship using proven principles from expert entrepreneurs worldwide. This course doesn't focus on the intricate details of starting a venture, but instead explores the real-life experiences of successful entrepreneurs across various sectors. Learn to think and act effectually, co-create new possibilities from existing resources, and navigate uncertainty without relying on future predictions. Gain practical insights into idea generation, resource management, failure mitigation, and decision-making in uncertain environments.
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English
21 languages available
What you'll learn
Learn lessons from expert entrepreneurs on venture creation
Gain a deep understanding of uncertainty in entrepreneurship
Explore real-life examples of successful new venture creation
Master the five principles of effectuation for entrepreneurial success
Develop skills in idea generation and resource management
Learn how to effectively manage and leverage failures
Skills you'll gain
This course includes:
2.6 Hours PreRecorded video
12 quizzes
Access on Mobile, Tablet, Desktop
FullTime access
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There are 4 modules in this course
This course on effectual entrepreneurship provides a comprehensive exploration of expert strategies for venture creation and uncertainty management. Developed at the University of Virginia Darden School of Business, it offers valuable insights into overcoming common obstacles faced by aspiring entrepreneurs. The curriculum covers four key modules, each addressing a specific challenge: idea generation, resource acquisition, fear of failure, and decision-making under uncertainty. Students will learn the five principles of effectuation, including bird-in-hand, affordable loss, crazy quilt, lemonade, and pilot-in-the-plane. Through real-life examples and expert testimonials, participants will gain practical skills in effectual thinking, co-creation, and navigating the unpredictable landscape of entrepreneurship. The course emphasizes hands-on learning, encouraging students to apply effectual principles to their own potential ventures.
I Don't Have an Idea
Module 1 · 2 Hours to complete
I Don't Have Resources
Module 2 · 3 Hours to complete
I'm Afraid to Fail
Module 3 · 2 Hours to complete
I Don't Know What to Do
Module 4 · 6 Hours to complete
Fee Structure
Payment options
Financial Aid
Instructor
Leading Scholar in Entrepreneurship at the University of Virginia
Professor Saras D. Sarasvathy is a prominent faculty member at the University of Virginia Darden School of Business, specializing in strategy, entrepreneurship, and ethics. She teaches MBA and doctoral courses at Darden and has also lectured in doctoral programs across Europe, Asia, Latin America, and Africa. Recognized for her significant contributions to entrepreneurship research, she received the prestigious 2022 Global Award for Entrepreneurship Research from the Swedish Entrepreneurship Forum and the Research Institute of Industrial Economics. Sarasvathy's research program on effectuation involves over a hundred scholars globally, with resources available at www.effectuation.org. She has authored several instructional materials and co-wrote the award-winning textbook Effectual Entrepreneurship, which received the Gold Medal in the 2012 Axiom Business Book Awards. Her academic credentials include a master's degree in industrial administration and a Ph.D. in information systems from Carnegie Mellon University, where her thesis was supervised by Nobel Laureate Herbert Simon. In addition to her teaching and research roles, she serves on the boards of Lending Tree and Upekkha, a SaaS accelerator in India, and holds advisory positions at various academic institutions worldwide.
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5 course rating
47 ratings
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