By its nature, the law touches on many aspects of entrepreneurship, making it an applicable and versatile topic of study. For aspiring entrepreneurs, it's important to understand how to form the business, work with the initial customers, and hire. For active entrepreneurs, there are critical considerations on employment law, operating policies, and managing contracts. For everyone, the role that the law plays in managing the company, and its associated risks, must be properly understood to navigate challenges and capitalize on opportunities. With the aspiring and active entrepreneur in mind, this Specialization focuses on the foundational elements of law with initial attention to business formation and organization. Our second course focuses on intellectual property, and how patents, copyrights, trademarks, and trade secrets can influence or impede your success. The final course focuses on contracts and financing arrangements important to business creation and growth. In every course, learners examine real-world scenarios and address legal and business issues in a practical manner. Learners will develop an understanding of what legal activities they may pursue on their own as well as when and how to select and work with an attorney.
Legal Aspects of Entrepreneurship Specialization
Navigate the legal challenges facing entrepreneurs. Build the skills to understand and act on the legal issues encountered when creating and launching a new business.
Instructors: Dr. James V. Green
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What you'll learn
Develop an understanding of the legal aspects that present opportunities and challenges for entrepreneurs in their company creation and launch.
Learn how to create, protect, and manage patents, copyrights, trade marks, and trade secrets for your company and its products and services.
Recognize which legal contracts and agreements are appropriate for entrepreneurial activities, and how to develop and negotiate contracts.
Overview
Skills you'll gain
- Business
- Business Strategy
- Contract Management
- Legal Strategy
- Business Management
- Entrepreneurship
- Labor Law
- Vendor Contracts
- Contract Review
- New Business Development
- Commercial Laws
- Legal Risk
- Risk Management
- Intellectual Property
- Law, Regulation, and Compliance
- Regulation and Legal Compliance
- Business Risk Management
- Entrepreneurial Finance
- Contract Negotiation
- Innovation
What’s included
Add to your LinkedIn profile
Advance your subject-matter expertise
- Learn in-demand skills from university and industry experts
- Master a subject or tool with hands-on projects
- Develop a deep understanding of key concepts
- Earn a career certificate from University of Maryland, College Park
Specialization - 3 course series
What you'll learn
Understand how the law influences the success of entrepreneurs.
Know your options for establishing and managing a new company.
Build awareness of employment laws and policies impacting entrepreneurs.
Avoid the legal pitfalls that can encumber new and established entrepreneurial ventures.
Skills you'll gain
What you'll learn
Understand intellectual property and how it impacts the success of entrepreneurs and companies.
Learn what is patentable and how to secure a patent.
Know how copyrights and trademarks are created and managed.
Appreciate the role that trade secrets play in companies.
Skills you'll gain
What you'll learn
Understand how legal contracts and agreements impact the success of entrepreneurs.
Appreciate the role of torts, liability, and negligence in creating and managing products and services.
Examine how to create, evaluate, and negotiate contracts and sales agreements.
Know the advantages and disadvantages of different types of venture financing.
Skills you'll gain
Earn a career certificate
Add this credential to your LinkedIn profile, resume, or CV. Share it on social media and in your performance review.
Instructors
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Frequently asked questions
This course is completely online, so there’s no need to show up to a classroom in person. You can access your lectures, readings and assignments anytime and anywhere via the web or your mobile device.
Yes! To get started, click the course card that interests you and enroll. You can enroll and complete the course to earn a shareable certificate. When you subscribe to a course that is part of a Specialization, you’re automatically subscribed to the full Specialization. Visit your learner dashboard to track your progress.
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.
More questions
Financial aid available,