Study Guide

Objectives (course unit)

Learning outcomes of the course unit
This course will cover how innovation supports entrepreneurs through the creation of new businesses opportunities, capturing of new markets and improved organizational effectiveness. The course will focus on the role of innovation in the entrepreneurial process and how innovation can be transformed into ongoing new ventures. Innovation and entrepreneurship theories and concepts will be applied in real life business cases. The course approach is practical: teams of 3-4 students pick up a project from a commissioning company/organization or start project of their own.

After completing the course, students will be able to:
• Understand the role of innovation in the context of entrepreneurship
• Carry out consultation projects with a focus on entrepreneurship
• Accomplish the project, analyze and report the results to customer
• Plan and implement a project independently and as member of a team.

Content (course unit)

• How to utilize innovation in the context of entrepreneurship
• How to convert ideas to innovation?
• How to commercialize innovations?
• How to implement innovation management in start-up companies
• How to consult entrepreneurs on innovation

Further information (course unit)

This course will be taught in conjunction with the course “INNOVATIONS AND BUSINESS MANAGEMENT (5 credits)”

Assessment criteria, satisfactory (1-2) (course unit)

The student is able to apply the concepts and theories of innovation into practice by carrying out simple consultation projects for startups or SME:s. Under supervision and with the support of a mentor, the student is able to accomplish the project and report the results to the customer. He/she can support a consultation project as member of a team.

Assessment criteria, good (3-4) (course unit)

The student is familiar with the concepts and theories of innovation and can utilize them in a practical small business case consultation project. He/she can independently and as a member of a group carry out consultation project for startups or SMEs. The student is able to plan, implement, and evaluate consultation projects and report the project results to the customer. He/she can contribute to the outcomes of a consultation project as a member of a team.

Assessment criteria, excellent (5) (course unit)

The student has in-depth understanding of the concepts and theories of innovation and he/she can utilise these concepts in a practical small business case consultation project. He/she can independently, or in a leading role in a team, carry out consultation projects for startups and SMEs. The student is able to plan, implement, and report the project to the customer. The student is able to reflect on his/hers own as well as team work process. He/she can facilitate, contribute and enhance the outcomes of a consultation project as a leading member of a team.

Location and time

Mondays 14-17 workshops with teacher
Most time reserved for the group project work (to be agreed by each group separately)
First workshop on Monday 16th September
Last workshop on Monday 9th December (presenting the results)

Exam schedules

No Exam

Assessment methods and criteria

Evaluation methods and grounds presented in the first workshop

Assessment scale

0-5

Teaching methods

Workshops, Group work, Individual work, Problem-based learning

Learning materials

Project work is based on materials from Innovations and Business Management course and additional material provided in Moodle.

Student workload

Student workload 10x 27h = 270h

Workshops with teacher 12x 3h = 36h

Practical training and working life cooperation

Consultation projects are based on real-world design challenges provided by actual companies. Students are encouraged to find suitable company and challenge themselves.

International connections

Possible to collaborate with international companies