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Dec 11, 2024
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BUSL 3780 - Legal Aspects of Entrepreneurship The course is designed for students who want to start, join or invest in a start-up or new business at any time during their career. Its goal is to develop an understanding of the legal concepts that are an integral part of decision making from the time an entrepreneur conceives, starts to build and obtains financing from venture capitalists and other funding sources for a new company, throughout the life-cycle of the firm including development of exit strategies for that company. Particular emphasis is placed on maximizing the value of intellectual property in knowledge-based industries. The course should have particular appeal to students considering careers in high tech, biotech, telecommunications, media and entertainment, venture capital, financial services and pharmaceuticals.
Credit Hours: 3 Repeat/Retake Information: May be retaken two times excluding withdrawals, but only last course taken counts. Lecture/Lab Hours: 3.0 lecture Grades: Eligible Grades: A-F,WP,WF,WN,FN,AU,I Learning Outcomes: - Develop an understanding of the basic corporate, fiduciary, contract, intellectual property, employment and securities law issues encountered by start-up and early stage companies.
- Develop strategies to avoid or manage potential sources of liability.
- Develop tools for using legal concepts effectively, managing the legal function and maximizing the returns from interactions with counsel.
- Discuss approaches to the communications challenges of translating legal advice and analysis into business language.
- Discuss how intellectual property can be used as part of a company’s overall strategy to create or protect a market for products and services.
- Students will understand how law can facilitate or impede business transactions.
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