Composition and structure of the work;

General skills (composition, literacy etc.);

The work deadline.

A lecturer uses the 100-point system to assess this work. Should a student fail to provide the work by the due date, the grade is lowered by 10 points for each week of delay.

Team work training (3 students maximum): “Growing Business Management Tools”

Students are given the task to analyze any famous growing company, study its growth stage, management tools, type of growth strategy and characteristics of its structure.

To assess this task a lecturer considers the following criteria:

Completeness and integrity of business presentation;

Completeness of analysis of strategies and company’s organizational “growth diseases”;

Reasoned assessment of growing business management tools;

Composition and structure of the work;

General skills (composition, literacy etc.);

The work deadline.

A lecturer uses the 100-point system to assess this work. Should a student fail to provide the work by the due date, the grade is lowered by 10 points for each week of delay.

8. Evaluation System for Ongoing Student Performance and Intermediate Attestation Following the Discipline Study

The list of questions and tasks for on-going control and intermediate attestation following the discipline study “Commercialization of science intensive products and Innovative Entrepreneurship. Innovative Business Engineering”:

On-going control includes the following:

Test paper

Library research paper

Interview

Team work

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In order to take the test paper a student has to calculate license cost according to the following principles:

The general formula for license fee looks as follows:

Рi – production unit price under the license in the corresponding year of the agreement validity

validity.Ri – royalty rate in the corresponding year of the agreement Royalty rate - Ri in formula (I) is a part of profit which a licensee

pays as a license fee.

Examples of library research paper topics:

1.Company Financing Sources – International Practice

2.The Initial Stage of a Company Development (Seed Stage, Startup, Early Growth). Informal Financing Sources on Early Stages of a Company Development.

3.Attraction of Venture Fund (Growth Stage): Interaction Characteristics.

4.Activity of Venture Funds in Russia, Europe, USA, and Asian countries. Comparative Analysis.

5.Business Angel Associations. History of Creation and Specific Features of Their Activity in Russia.

6.Attraction of Debt Financing (Microfinancing, Commercial Loans, Leasing, Factoring, Bank Loans).

The work is to be represented as a Word text document. The number of characters should be minimum 20 thousand. In order to perform this task, a student demonstrates his or her ability to use a complex approach in analysis of the set task, skills to represent his or her work as a text document

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To assess this task a lecturer considers the following criteria:

Depth of the analysis and addressing the selected issue;

Range of bibliography, sources, quality of citations;

Composition and structure of the work;

General skills (composition, literacy etc.);

The work deadline.

A lecturer uses the 100-point system to assess this work. Should a student fail to provide the work by the due date, the grade is lowered by 10 points for each week of delay.

In order to fulfil the individual work “Interview”, a student has to interview an active entrepreneur and find out the entrepreneur’s motives of running a business and the business history.

The task requirements:

An entrepreneur should be the one who has been running his business for 3 years minimum. He or she should be the founder of a company which counts not less than 5 employees.

A student has to interview the entrepreneur personally. A telephone interview is unacceptable.

A record of the interview should be represented as a report of minimum 3 thousand characters. The interview record should be authenticated by the entrepreneur (date, signature).

In the final section of the work, a student has to demonstrate how the interview results may be used by or are important for him or her.

A student should try to do his or her work interesting. The work should reflect the core of obtained information, as a rule it is introduced in the end of the work. The work should not be identical to the interview record.

To assess this task, a lecturer considers the following criteria:

Running the interview with an active entrepreneur;

Complexity of the questions;

Consistency and structuring of the interview report;

Author’s conclusions and summary on value of obtained information;

The work deadline.

A lecturer uses the 100-point system to assess this work taking into account all items mentioned above. Should a student fail to provide the

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work by the due date, the work should not be accepted and a student gets 0 points.

In order to fulfil the first team work the students are encouraged to do the Apple case study. Students are given the task to analyze the company’s business model and to represent the analysis in accordance with A. Ostervald scheme. Each element of the business model should be provided with a comment.

In the framework of the second team work Students are given the task to analyze any famous growing company and discover its growth stage, management tools and strategies.

To assess a team work a lecturer considers the following criteria:

Completeness and integrity of business presentation;

Completeness of analysis of strategies and company’s organizational “growth diseases”;

Reasoned assessment of growing business management tools;

Composition and structure of the work;

General skills (composition, literacy etc.);

The work deadline.

A lecturer uses the 100-point system to assess this work taking into account all items mentioned above. Should a student fail to provide the work by the due date, the grade is lowered by 10 points for each week of delay.

9.Ranking System of Master Student Performance

The student competence ranking in the discipline is based on 100point system applied during the semester.

The System of Student Knowledge Evaluation during the Semester The attestation (i.e. evaluation of student performance during the

semester) is performed in order to estimate the following:

•Attendance and activity at the workshops;

•Team work;

•Writing a library research paper;

•Test results;

•Writing an interview report.

Point-based grade of certain works in semester (max):

•Writing a library research paper (20 points)

•Writing a test (10 points)

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