Creative Products and Business Models (10cr)

Objectives (course unit)

The student will be able to:
• use different innovation methods and develop new commercial products for an enterprise with their help.
• interpret the weak signals of the environment and develop his/her own business accordingly and find new potential business ideas.
• develop new business models for an enterprise.

Content (course unit)

How do I build and develop further to turn new innovations or innovative products into a profitable business?
How do I seek and interpret future trends?
How do I develop new business models and ideas?

Assessment criteria, pass/fail (course unit)

Passed
The student has the knowledge in theory and in practice to innovate new products and business models.

Failed
The student cannot innovate, and does not understand how to develop new products or business models in theory or in practice.

Location and time

Please see the Pakki/Lukkarikone applications and follow the information on Proakatemia's and your teams communication channels.

Exam schedules

There are no traditional exams. You'll demonstrate your knowledge and skills in various other ways, i.e. solving challenges. The coach / teacher will provide further detais as the course goes on.

Assessment methods and criteria

According to the curriculum: self, team, coach/teacher and possibly customer based evaluation reflecting the set goals.

Assessment scale

Pass/Fail

Teaching methods

There are hardly any traditional lectures or exams at Proakatemia. Learning methods and environments are for example training sessions 'paja' (primings, dialogue, workshops, independent studying), literature, writing and publising, expert lectures and other fact-finding, project work, seminars, learning cells and common events. Learning is connected with business projects.

Learning materials

Literature advice from coaches, teachers and other teampreneurs.

Student workload

1 ECTS credit point = 27 hours of student's work. Keep record of your hours in your individual study plan.

Completion alternatives

to be negotiated with your coach / teacher of the course

Practical training and working life cooperation

Contens of the studies are connected with real life business projects' needs.

Further information

Studies at Proakatemia are integrated to teampreneurs businesses. It is not possible to study separate courses of the curriculum without special arrangements.

Assessment criteria - pass/fail (Not in use, Look at the Assessment criteria above)

Approved
The student has demonstrated that he/she comprehends the main concepts of the topic in the context of his/her team enterprise. He/she has applied them in practice together with other team entrepreneurs. The student operates according to the chosen values and procedures.

Failed
The student knows the concepts only superficially or is not able to apply them in practice in his/her team enterprise. The student does not operate according to the chosen values and procedures.