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Law for the Entrepreneur and Manager
Written by Quantum Study Club on 08.29Law for the Entrepreneur and Manager
Spring 2003
Arip Nurahman & Angga Fuja WidianaCourse Highlights
15.615 / 15.647 is one of a handful of law courses offered at the Sloan School of Management. Lecture notes, provided by students, and an article by John Akula ("Tort Law in a Peanut") are included.
Course Description
This course provides a basic understanding of legal issues that corporations face during their existence. The course starts by providing the basic building blocks of business law. We then follow a firm through its life cycle from its "breakaway" from an established firm through it going public.
The materials covered during 15.647 (the first half of the semester) emphasize the organization and financing of the company. In the second half of the course we examine a broad array of law-sensitive issues relating to intellectual property, product development, M&A transactions, international trade, the duties of directors and officers, business disputes, and bankruptcy and reorganization.
The goal of the course is not to impart technical legal skills, but to enhance the judgment which students will bring to their responsibilities as entrepreneurs, managers in established companies, or consultants and advisors. There are two take-home exercises, and no exams. Students wishing to take only the first half of the Manager's Legal Function should register for 15.647, which meets only during the H1 period.
Textbook and Course Readers
The materials covered during 15.647 (the first half of the semester) emphasize the organization and financing of the company. In the second half of the course we examine a broad array of law-sensitive issues relating to intellectual property, product development, M&A transactions, international trade, the duties of directors and officers, business disputes, and bankruptcy and reorganization.
The goal of the course is not to impart technical legal skills, but to enhance the judgment which students will bring to their responsibilities as entrepreneurs, managers in established companies, or consultants and advisors. There are two take-home exercises, and no exams. Students wishing to take only the first half of the Manager's Legal Function should register for 15.647, which meets only during the H1 period.
Syllabus
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Preliminary Syllabus
Some general advice on law courses at Sloan:
Based on my long experience in advising corporate managers, I think taking a law course at Sloan is a good idea. Companies and managers regularly confront law-sensitive issues that are crucial to the company's future and the manager's career. Experienced managers bring to these situations an awareness of how law structures opportunities and risks, and enough understanding of law to make good use of professional advice. I offer several law courses at Sloan, and each provides those skills. My goal is not to impart technical legal knowledge, but to enhance the judgment students will bring to their responsibilities as entrepreneurs, managers in established companies, and consultants.
Picking a law course:
Many Sloan students take a law course, but most of those take just one. The law courses I offer are not in any sequence. None is a prerequisite for any other, and each of my courses provides certain basic law-related analytic skills. However, each also has its own distinctive focus, and some are broader-gauged than others.
What we cover in 15.615/647:
This is a broad-gauged course. We discuss the basic framework of business law, and then follow a new firm from the "breakaway" from an established company through organizing and financing the new venture. We later consider going public, selling the company, and bankruptcy. Along the way, we examine a wide range of law-sensitive issues including intellectual property, employment law, business disputes, mergers and acquisitions, international trade, contracts, products liability, and white-collar crime.
647 is the first half of the course (H1), and emphasizes organizing and financing the new firm. It is recommended only if your schedule does not permit taking 615.
Based on my long experience in advising corporate managers, I think taking a law course at Sloan is a good idea. Companies and managers regularly confront law-sensitive issues that are crucial to the company's future and the manager's career. Experienced managers bring to these situations an awareness of how law structures opportunities and risks, and enough understanding of law to make good use of professional advice. I offer several law courses at Sloan, and each provides those skills. My goal is not to impart technical legal knowledge, but to enhance the judgment students will bring to their responsibilities as entrepreneurs, managers in established companies, and consultants.
Picking a law course:
Many Sloan students take a law course, but most of those take just one. The law courses I offer are not in any sequence. None is a prerequisite for any other, and each of my courses provides certain basic law-related analytic skills. However, each also has its own distinctive focus, and some are broader-gauged than others.
What we cover in 15.615/647:
This is a broad-gauged course. We discuss the basic framework of business law, and then follow a new firm from the "breakaway" from an established company through organizing and financing the new venture. We later consider going public, selling the company, and bankruptcy. Along the way, we examine a wide range of law-sensitive issues including intellectual property, employment law, business disputes, mergers and acquisitions, international trade, contracts, products liability, and white-collar crime.
647 is the first half of the course (H1), and emphasizes organizing and financing the new firm. It is recommended only if your schedule does not permit taking 615.
Requirements
Take-home exercises:
There are two take-home exercises for 615. Enrollees in 647 do only the first. Students have three hours for an exercise, and some choice as to the particular three-hour period.
During the period the exercises are available, students may not consult with each other about the course. During the exercise, a student may consult only the text and the readings, and any notes prepared by that individual student. (Please keep this last restriction in mind when preparing study notes.)
The exercises heavily emphasize the required readings. The questions and format will be similar to previous years (although the exercises from some past years were 5 hours long, not three).
I use the take-home format so that a student does not have to write fast to do well. This may be of special importance for students for whom English is a second language. It is not expected that students will need the full three hours to complete the exercise.
Class participation and "on-deck" preparation:
All students are expected to participate in class discussion. In addition, for each class, some students will be assigned in advance to be "on-deck." "On-deck" students prepare with special care and are ready to respond to questions about the readings. Guest lecturers are invited to call on the on-deck students. Students in 615 will be "on-deck" approximately three times. Students in 647 will be on-deck twice.
There are two take-home exercises for 615. Enrollees in 647 do only the first. Students have three hours for an exercise, and some choice as to the particular three-hour period.
During the period the exercises are available, students may not consult with each other about the course. During the exercise, a student may consult only the text and the readings, and any notes prepared by that individual student. (Please keep this last restriction in mind when preparing study notes.)
The exercises heavily emphasize the required readings. The questions and format will be similar to previous years (although the exercises from some past years were 5 hours long, not three).
I use the take-home format so that a student does not have to write fast to do well. This may be of special importance for students for whom English is a second language. It is not expected that students will need the full three hours to complete the exercise.
Class participation and "on-deck" preparation:
All students are expected to participate in class discussion. In addition, for each class, some students will be assigned in advance to be "on-deck." "On-deck" students prepare with special care and are ready to respond to questions about the readings. Guest lecturers are invited to call on the on-deck students. Students in 615 will be "on-deck" approximately three times. Students in 647 will be on-deck twice.
Grading
Grading is not tied to a formula, but will be based approximately as shown below:
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Textbook and Course Readers
Students should purchase 
Bagley Constance E., and Craig E. Dauchy,
The Entrepreneur's Guide to Business Law, 2003 (paperback) (ISBN 0-324-042921-4).
Sumber:
http://ocw.mit.edu/courses/sloan-school-of-management/15-615-law-for-the-entrepreneur-and-manager-spring-2003/
Bagley Constance E., and Craig E. Dauchy,The Entrepreneur's Guide to Business Law, 2003 (paperback) (ISBN 0-324-042921-4).
Sumber:
http://ocw.mit.edu/courses/sloan-school-of-management/15-615-law-for-the-entrepreneur-and-manager-spring-2003/
Sustainable Energy
Written by Quantum Study Club on 18.11Sustainable Energy
As taught in: Spring 2005
Wind turbines at Tehachapi, California. (Image courtesy of the U.S. Department of Energy, from their Digital Archive.)
Level:
Graduate
Instructors:
Dr. Elisabeth Drake
Prof. Jefferson W. Tester
Prof. Michael Golay
Course Features
Course Description
The assessment of current and potential future energy systems is covered in this course and includes topics on resources, extraction, conversion, and end-use, with emphasis on meeting regional and global energy needs in the 21st century in a sustainable manner. Different renewable and conventional energy technologies will be presented and their attributes described within a framework that aids in evaluation and analysis of energy technology systems in the context of political, social, economic, and environmental goals.
Detailed information on the course textbook can be found here: Tester, J. W., E. M. Drake, M. W. Golay, M. J. Driscoll, and W. A. Peters. Sustainable Energy - Choosing Among Options. Cambridge, MA: MIT Press, 2005. ISBN: 0262201534.
Management in Engineering
Written by Quantum Study Club on 22.00Management in Engineering
As taught in: Fall 2004
Stage-Gate process diagram from the research and development lecture slides. (Figure by Professor Jung-Hoon Chun.)
Level:
Undergraduate
Instructors:
Prof. Jung-Hoon Chun
Prof. Alexander d'Arbeloff
Course Features
Course Description
This course serves as an introduction to engineering management. Topics include financial principles, management of innovation, engineering project planning and control, human factors, career planning, patents, and technical strategy. The case study method of instruction in this course emphasizes student participation in class discussion.
This class was also offered in Course 13 (Department of Ocean Engineering) as 13.52. In 2005, ocean engineering subjects became part of Course 2 (Department of Mechanical Engineering), and the 13.52 designation was dropped in lieu of 2.96.
Quantum Information Science
Written by Quantum Study Club on 08.35Quantum Information Science
As taught in: Spring 2006
An illustration of the Bloch sphere, which provides a geometrical representation of the pure state space of a 1 qubit quantum register. (Image courtesy of Wikipedia.)
Level:
Graduate
Instructors:
Prof. Isaac Chuang
Prof. Peter Shor
Course Features
Course Description
This is an advanced graduate course on quantum computation and quantum information, for which prior knowledge of quantum mechanics is required. Topics include quantum computation, advanced quantum error correction codes, fault tolerance, quantum algorithms beyond factoring, properties of quantum entanglement, and quantum protocols and communication complexity.
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