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#70356 / #2

Seit WiSe 2023/24

English

Life Science Venturing

6

Kratzer, Jan

benotet

Portfolioprüfung

Zugehörigkeit


Fakultät VII

Institut für Technologie und Management

37335200 FG Entrepreneurship und Innovationsmanagement

Betriebswirtschaftslehre

Kontakt


H 76

Festel, Gunter

gunter.festel@festel.com

Learning Outcomes

The course will convey the important aspects of the founding and building up of a company using practice examples from the high-tech and life science industry. Working in groups, students will acquire knowledge about the core elements of a business plan, financing, and holding negotiations with investors, including a due diligence and corporate valuation.

Content

This course provides an overview of the founding and building up of start-up companies with a special focus on practice-oriented aspects, such as financing and negotiation strategies: 1. Importance of start-up companies, 2. Founding and building up of start-ups, 3. Operative building up of a company, 4. Financing of companies, 5. Company assessment/valuation, 6. Development and execution of an exit strategy

Module Components

Pflichtgruppe:

All Courses are mandatory.

Course NameTypeNumberCycleLanguageSWSVZ
Life Science EntrepreneurshipIVSoSeEnglish4

Workload and Credit Points

Life Science Entrepreneurship (IV):

Workload descriptionMultiplierHoursTotal
Individual preparation120.01.0h120.0h
Group Work25.01.0h25.0h
Preparation of homework20.01.0h20.0h
Presentation and Discussion15.01.0h15.0h
180.0h(~6 LP)
The Workload of the module sums up to 180.0 Hours. Therefore the module contains 6 Credits.

Description of Teaching and Learning Methods

Lifescience Venturing is a guideline for those concerned with the creation, management and support of early-stage companies in the medical technology, molecular biology, biochemistry, biophysics, bioinformatics or immunology sectors. Through a clear thematic structure, practise-related recommendations and real case studies, participants will obtain a fast and comprehensive insight into this specific topic.

Requirements for participation and examination

Desirable prerequisites for participation in the courses:

Students in the area of life sciences who wish to specifically concern themselves with the aspect of business creation / prospective founders in the area of life sciences.

Mandatory requirements for the module test application:

This module has no requirements.

Module completion

Grading

graded

Type of exam

Portfolio examination

Type of portfolio examination

100 Punkte insgesamt

Language

English

Test elements

NamePointsCategorieDuration/Extent
Individual Essay50writtenapprox. 2000 words / 5 pages
Group Presentations40oral5 presentations of 35 min each = 175 min in total per group = 35 mins per student
Individual Presentations10oral5 min per student

Grading scale

Notenschlüssel »Notenschlüssel 4: Fak I, Fak VII«

Gesamtpunktzahl1.01.31.72.02.32.73.03.33.74.0
100.0pt90.0pt85.0pt80.0pt76.0pt72.0pt67.0pt63.0pt59.0pt54.0pt50.0pt

Test description (Module completion)

The portfolio examination consists of the following elements, adding up to a maximum of 100 credits. The grading follows the joint conversion key of the School of Economics and Management (decision of the school's council dated May 28, 2014 - FKR VII-4/8-28.05.2014).

Duration of the Module

The following number of semesters is estimated for taking and completing the module:
1 Semester.

This module may be commenced in the following semesters:
Sommersemester.

Maximum Number of Participants

The maximum capacity of students is 20.

Registration Procedures

For course registration, please send an email to gunter.festel@festel.com indicating your name, email address, student number and degree programme.

Recommended reading, Lecture notes

Lecture notes

Availability:  unavailable

 

Electronical lecture notes

Availability:  unavailable

 

Literature

Recommended literature
Achleitner A.-K., Nathusius E. (2004): Venture Valuation - Bewertung von Wachstumsunternehmen, 1. edition, Stuttgart
Ermisch R., Thoma P. (2002): Zehn Schritte zum Venture-Capital - Ein Ratgeber für junge Technologieunternehmen, DPunkt Verlag, Heidelberg
Erikson T., Sørheim R. (2005): Technology angels and other informal investors, Technovation, Vol. 25, p. 489-496
Fath C. (2004): Konfigurationstheoretische Analyse der Business-Angel-Finanzierung in Österreich, Dissertation, Wirtschaftsuniversität Wien
Holaday J.W., Meltzer S.L., McCormick J.T. (2003): Strategies for attracting angel investors, Journal of Commercial Biotechnology, Vol. 9, No. 2, p. 129-133
Leopold G., Fromman H. (1998): Eigenkapital für den Mittelstand, München
Madill J., Haines G., Riding A. (2005): The Role of Angels in Technology SMEs - A Link to Venture Capital, Venture Capital - An International Journal of Entrepreneurial Finance, Vol. 7, No. 2, p. 107- 129
Mason C. (2006): Informal Sources of Venture Finance, in: Parker S. (Hrsg.), The Life Cycle of Entrepreneurial Ventures, International Handbook on Entrepreneurship, Vol. 7, Springer, New York, p. 259-299
Mason C.M., Harrison R.T. (2002): Is it worth it? - The rates of return from informal venture capital investments, Journal of Business Venturing, Vol. 17, p. 211-236
Maunula M. (2006): The Perceived Value-Added of Venture Capital Investors - Evidence from Finnish Biotechnology Industry, Discussion Paper 1030, ETLA Research Project The Development of Biotechnology Industry in Finland, The Research Institute of the Finnish Economy, Helsinki
Meyer T. (2006): Venture Capital in Europa - Mehr Pep für Europas Wirtschaft, Deutsche Bank Research, Frankfurt
Rind K.W. (1981): The role of venture capital in corporate development, Strategic Management Journal, Vol. 2, No. 2, p. 169-180
Schefczyk M. (2000): Finanzieren mit Venture Capital, Stuttgart

Assigned Degree Programs


This module is used in the following Degree Programs (new System):

Studiengang / StuPOStuPOsVerwendungenErste VerwendungLetzte Verwendung
Innovation Management, Entrepreneurship, and Sustainability (M. Sc.)16WiSe 2023/24SoSe 2024

Miscellaneous

No information