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Psychology of Entrepreneurship & Innovation

Key information

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Module description

What is the module about?

This course explores the psychology behind entrepreneurship and innovation. The topics include the personality of entrepreneurs and exploring whether entrepreneurs are born or made; how entrepreneurs and innovation leaders make decisions about risk and manage uncertainty; what drives entrepreneurs and what ‘returns’ they can expect (in terms of income and well-being); what success means to entrepreneurs, how you may lead successfully on entrepreneurial, entrepreneurs and innovation initiatives. We will also reflect on how each one of us can act in an entrepreneurial and innovative manner. The course examines the psychological underpinnings of the entrepreneurial process and innovative behaviours within established business. It is mindful of the diversity of entrepreneurial and innovation endeavours ranging from high-tech and digital entrepreneurs to social entrepreneurs that launch social innovations.

Who should do this module?

Students interested in finding out more about the psychology underpinning entrepreneurship and innovation. No previous background in Psychology is required.

Provisional Lecture Outline

Lecture 1: Introduction to the course, Entrepreneurship and the Entrepreneurial Process

Lecture 2: Is there an ‘Entrepreneurial Personality’? The personality and abilities of successful entrepreneurs

Lecture 3: It is all about risk, or is it? Entrepreneurial cognition and decision-making under uncertainty

Lecture 4: Motivation matters. Preferences and their effects on opportunity recognition and the firm

Lecture 5: Heart or Brain? The role of affect and emotion on opportunity recognition and decision-making

Lecture 6: Entrepreneurial Teams and Leadership for innovation

Lecture 7: The Biology of Entrepreneurship

Lecture 8: The Psychology of Investors: How to convince your investors, bid for funding, and run a successful crowdfunding campaign

Lecture 9: How to stay engaged and when to disengage: Entrepreneurial passion and learning from failure

Lecture 10: The next phase of the Psychology of Entrepreneurship: Well-being and Mental Health

Assessment details

50% Individual Coursework

40% Group project

10% Group Presentation

Teaching pattern

Weekly Workshops

Suggested reading list

Gielnik, M.M., Cardon, M. S., & Frese, M. (Eds.). (2021). The Psychology of Entrepreneurship: New Perspectives. Routledge. 

Subject areas


Module description disclaimer

King’s College London reviews the modules offered on a regular basis to provide up-to-date, innovative and relevant programmes of study. Therefore, modules offered may change. We suggest you keep an eye on the course finder on our website for updates.

Please note that modules with a practical component will be capped due to educational requirements, which may mean that we cannot guarantee a place to all students who elect to study this module.

Please note that the module descriptions above are related to the current academic year and are subject to change.