Courses – Fakultet tehničkih nauka u Novom Sadu

Subject: Financing of Innovative Enterprises (17.IFM401)

Native organizations units: No data

Type of studies	Title

General information:

Category	Professional-applicative
Scientific or art field	Proizvodni i uslužni sistemi, organizacija i menadžment
Interdisciplinary	No
ECTS	4

Educational goal:

Introduction to theoretical and practical fundamentals of innovative financing models for entrepreneurs and small and medium-sized enterprises. The main objective of this course is to complement the knowledge about the possible ways of investments in innovation that are based on information and communication technologies, through the active participation of all students.

Educational outcome:

Acquired knowledge and skills will be useful in solving practical business problems as well as for choosing the most appropriate financing models. Additionally, the knowledge gained will be of use when selecting financing models of future start-ups.

Course content:

Financial reporting overview. Ratio analysis and break-even point. Enterprise value estimation. Forms of enterprise financing. Traditional and innovative financing models. Business incubators. Venture capital funds. Business angels. Crowdfunding. Initial public offering. International financing of innovations. Public framework for financing innovation.

Teaching methods:

Lectures. Numerical and auditory excercises. Consultations. The exam is oral with pre-exam group work obligation. Oral exam is organized in accordance with the list of exam topics. Final mark is formed by measuring the success in the pre-exam obligation and oral exam.

Literature:

Authors	Title	Year	Publisher	Language
Dobromirov, D., Radišić, M.	Finansiranje inovativnih preduzeća	2015	Fakultet tehničkih nauka, Novi Sad	Serbian language
Mladen Radišić	Finansiranje inovacija - elektronska skripta	2018	Fakultet tehničkih nauka u Novom Sadu	Serbian language
United Nations Economic Commission for Europe	Policy Options and Instruments for Financing Innovation	2009	United Nations Publications, Geneva	English