Business Creation and Development

Code:

MIET0008

Acronym:

CDN

Keywords
Classification	Keyword
OFICIAL	Business Management

Instance: 2013/2014 - 2S

Active?	Yes
Responsible unit:	Department of Industrial Engineering and Management
Course/CS Responsible:	Master in Innovation and Technological Entrepreneurship

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
MIET	21	Syllabus since 2008/09	1	-	6	42	160

Teaching language

Portuguese

Objectives

The course objective is to enable the knowledge of the key financial and legal aspects to be taken in consideration
when developing and implementing a business plan adjusted to the reality of a new company.
These goals are achieved by presenting the basic concepts of those two areas of knowledge.
The UC also has as objective that the student assumes and execute the launch of a start-up

Learning outcomes and competences

NCSEE Skills: A17 to A38, C1 to C17, D1 to D16, D27 to D36, F9 to F14, F29 to F31, G1 to G9, I1 to I28, M1 to M23 e
N1 to N21.

Working method

Presencial

Program

The business plan as a decision taking tool
The Financial statements as part of the business plan: Estimating the market size and the Sales
Profit & loss analysis. Fixed and variable costs; insourcing and outsourcing;
Main taxes in companies: VAT, Social Security, Income tax, Stamp duty
Working Capital and Capex concepts, as key elements of the balance sheet. How to balance cash.
Forecasting Cash-flows: IRR, NPV and Payback measures.
Starting-up a company. Legal constraints and procedures.
“Sociedades por quotas” and “sociedades anónimas”:Profile and key legal differences
Intellectual Property: Ways to defend and to sell it.The investor agenda: The debt and the capital market as alternative ways to finance a company.
Legal questions related with fund raising.

Mandatory literature

Bygrave, W et Zacharakis, A; Entrepreneurship, John Wiley & Son., 2009
Timmons, J and Spinelli, S; New Venture Creation: Entrepreneurship for the 21st Century, McGraw-Hil, 2008

Comments from the literature

Código das Sociedades Comerciais
- Código da Propriedade Industrial
-Regime Jurídico dos Programas de Computador – DL n.º 252/94, de 20 de Outubro

Teaching methods and learning activities

This course unit is based on an active learning methodology, being thus focused on practical aspects and on the
transmission of indispensible knowledge in order to develop a solid theoretical base, which enables students to
apply tools to real situations. Hence, the methods applied, which aim to combine the awareness of reality with
students’ participation and creativity, are chiefly based on the presentation of concepts and techniques with the
support of audiovisual equipment, as well as case discussions.
Evaluation –

Evaluation Type

Distributed evaluation with final exam

Assessment Components

Designation	Weight (%)
Exame	100,00
Total:	100,00

Amount of time allocated to each course unit

Designation	Time (hours)
Frequência das aulas	42,00
Estudo autónomo	110,00
Total:	152,00

Eligibility for exams

Students have to reach a minimum grade of 10.

Calculation formula of final grade

Final exam: 100% of the final grad

Classification improvement

Resit (recurso) season: 100% exam

Observations

Bibliography:
- Bygrave, W et Zacharakis, A (2009) "Entrepreneurship", Hoboken, John Wiley & Son.
- Timmons, J and Spinelli, S (2008) “New Venture Creation: Entrepreneurship for the 21st Century”, 8th Edition,
Irwin, McGraw-Hill
- Código das Sociedades Comerciais
- Código da Propriedade Industrial
-Regime Jurídico dos Programas de Computador – DL n.º 252/94, de 20 de OutubroTo be provided by JMO