• Upon successful completion of this course the students will acquire new knowledge and specific skills on the following subjects:
• Will have knowledge of basic accounting principles
• Will gain knowledge on how to set up a new business operation
• Will learn the methods and techniques for business model and plan
• Will be able to understand the difference between invention and innovation
• Will be capable to implement technology transfer
• Can compose a business model
• Can evaluate or assess innovative ideas
• Can analyze financial accounts for decision making
• Can work with interdisciplinary teams

• Review, analyse and synthesise data and information, with the use of necessary technologies
• Adaptation ability
• Work autonomously
• Work in teams
• Appreciate diversity and multiculturality
• Protect natural environment
• Capacity to criticize and self-knowledge
• Advance free, creative  and causative thinking

• Financial Analysis: Accounting and balance sheet, business ratios, cost assessment and pricing, break-even point, funding sources.
• Green Entrepreneurship: Green accounting and cost assessment
• External Environment: Economy, Technology, Nature, Society, Institutions, Politics. Porter model and competition. Barriers to entry, buyers and sellers, competitive position and programming
• Internal Enviroment: Sources and capabilities, competitive advantage, value chains, comparative modeling, outsourcing
• Mission – Organizational Structure – Strategy: Business mission, success factors, strategy levels and classification
• Innovation – New Venture Development: evaluation of inventions commercial value, new products/process/technologies. Start-ups and spin-offs.
• The Business Plan: Business model canvas, Set-up and implementation

Use of Information and Communication Technology

• Power point presentations
• E-class support

Assessment Method

I. Written final examination (50%).
- Questions of theoretical knowledge.
- Theoretical problems to be resolved.

ΙΙ. Presentation in public (20%).

Recommended Book Resources:

• Key Management Ratios, C Walsh, Prentice Hall, 4th edition

Recommended Article/Paper Resources:

• New Venture Creation: Entrepreneurship for the 21st Century, S. Spinelli, R. Adams, Mc Graw Hill, 10th edition