Course
Innovation Management and Entrepreneurship (IND650)
Facts
Course code IND650
Credits (ECTS) 10
Semester tuition start Autumn
Language of instruction English
Number of semesters 1
Exam semester Autumn
Time table View course schedule
Literature The syllabus can be found in Leganto
Introduction
The course is based on both a theoretical approach to technological innovation and entrepreneurship, and on the practical application of this knowledge through case studies. The innovation part is organized around the areas of enabling identification and evaluation of innovation opportunities. The part on entrepreneurship is focused around the skills and knowledge necessary to set up a growth company.
Content
The course deals with innovation, innovation management and entrepreneurship, especially in relation to technology-based companies with high growth potential. Some very strong technology trends are changing industries, replacing products and services and how thing are done. This will be a major window of opportunity for innovation. The first aim of the course is to be able to recognize these opportunities. Another aim is on evaulation of innovations; to enable separating good opportunities from less good ones. The final aim is to gain the most impotant knowledge in the areas of entrepreneurship to improve the probability of succeding with a venture.
The course covers the main topics for developing and managing innovations and establishing a start-up. It covers methods for identifying and evaluating innovation opportunities and how these can be pursued through establishing a business.
The form of work is centered around group work and the preparation of reports that form the basis for grading.
Learning outcome
The course shall give the student an understanding of the theoretical foundation and the practical application in the areas of innovation, innovation management and entrepreneurship. After having taken this course the student should have the following knowledge, skills and general competence:
Knowledge
- Understand the foundations and implications of the dynamics of innovation
- Knowledge of the process of formulating and implementing innovation strategies
- Understanding the role of and process of gaining intellectual property rights
- Knowledge of the formation and development of a business venture
Skills
- Be able to identify and interpret technological trends
- Be able to identify potential sources and areas of innovation
- Be able to Identify opportunities, risks and competitive advantages in a business formation
- Be able to set up a business plan, including the technological, organizational, financial and marketing aspects
General competence
- Be able to interpret the competitive environment and identify trends
- Have combinatory skills across disciplines
Required prerequisite knowledge
Exam
Folder
Weight 1/1
Duration 1 Semesters
Marks Letter grades
Aid All
Exam system Canvas
Folder evaluation is an examination form where several pieces of work is delivered during the semester, where the evaluation of these are done on the combined work and one joint grade is given. The folder consist of 3 reports that are done individually or in groups of 2-3 people. These reports are handed in over the semester and graded jointly. No grade is given until all part of the project are handed in, and it is the totality that is graded.
Weight: Part 1=25%, Part 2=25%, Part 3=50%. Groups: 1-3 persons
There are no follow up exam for the folder and no retake opportunity. Students that want to improve their grade can do this next time the course is given.
All assessment components must be completed and passed in the same semester. Students who fail one or more components, or who wish to improve their grade, must retake the entire course the next time it is offered with regular teaching.
The reports can be written in English or Norwegian.
When artificial intelligence is used in assessments, the student must document this by completing and submitting the self-declaration form. If you submit text, calculations, etc. that are directly copied from an AI writing tool, this will be regarded as presenting the work of others as your own and therefore constitutes cheating.
Coursework requirements
Feedback on the project work of some of the other groups
Mandatory presentations by the group members of the project.
The mandatory coursework requirements are only valid in the same semester the examination is taken. Students who fail or wish to improve their grade must complete all mandatory coursework again the next time the course is offered with regular teaching.
Method of work
Lectures wil be provided partly online and partly in the classroom. The lectures are recorded and most of curriculum lectures will be on the university's learning platform as videos.
Guest lectures with practical examples.
A project in several parts that will be done as group work or alone. This form the basis for grading.
Lecture language is English.
Overlapping courses
| Course | Reduction (SP) |
|---|---|
| Innovation Management and Entrepreneurship (IND650_1) , Technological Innovation and Entrepreneurship (OFF630_1) | 10 |