Innovation and Entrepreneurship (EN)
2024/2025- Purpose and learning objectives
The student is introduced to innovative as well as creative processes for concept development and the establishment of a business model. You are introduced to theory and different methodologies that will help you in development practices, and gain skills in creative and innovative processes. In addition, you will learn to assess and act on strategic growth opportunities for the established company.
Knowledge
The module is in collaboration with one or more external organizations and is practical oriented. The module gives the student a framework, but reflects a real-life work scenario.
One of the main methodologies is Design Thinking, which provides insight into an ad hoc and less rigid process model. The process opens up for creative thinking within a given relevant context. This is combined with business model Canvas and data analysis extracted from IBM Watson.The student has development based knowledge and understanding about and can reflect on applied theories and methodologies regarding
Skills
1) concept development and innovative and creative processes
2) idea management in innovative organizations
3) entrepreneurship and the potential value of entrepreneurial processes
4) creating a business plan, including a plan for financingThe student masters skills regarding the application of
Competences
1) theories and methods to develop concepts for new products, services, or processes in an existing organization.
2) theories and methods to identify potential risks or gains of an entrepreneurial process
3) selecting and presenting relevant solution models regarding innovation and entrepreneurship to collaboration partners and usersThe student is able to handle complex and development-oriented situations regarding
1) independently participating in planning and managing the development of concepts for new products, services, or business processes
2) participating in interdisciplinary collaboration situations concerning planning and facilitating innovative processes in a knowledge-intensive organization
3) creating a business plan, including a plan for financing, based on the analysis of the risks,
constraints and potential value of an entrepreneurial process
4) identifying own learning needs and developing own knowledge, skills, and competences in
relation to entrepreneurship and innovation - Type of instruction
Teaching takes place in an alternation between lectures and assignments, hands-on and project work. The learning activities are predominantly planned with emphasis on teaching and academic input in plenum. There are ongoing tasks that contribute to the final solution.
The students work in groups throughout the module.
Productions are delivered in Fronter, as part-deliveries through the module. Deadline for submission is given in the assignment description.
Hand-ins and feedback
Oral feedback is given throughout the course and in the end of the module, written and oral feedback is given.
Case-cooperation
The module has case cooperation with one or more external actors. - Exam
The learning outcomes of the exam are identical with the learning outcomes of the subject(s)/modul(es)
Exam in one or more subjectsSubject/module is tested with the following modulesThe exam must show that the student
• can communicate core concepts from Business Strategy, Information Technologies,
Systems Development, and Innovation and Entrepreneurship.
• can analyse and present a problem related to Business Strategy, Information Technologies, Systems Development, and Innovation and Entrepreneurship from an interdisciplinary
perspective.
• can manage an innovative and/or entrepreneurial process
• can complete a project in a team with emphasis on project management methods and
tools.Type of examCombined written and oral examinationIndividual exam or group examIndividual or group, 2-7 participantsExam languagesEnglishDuration1. Individual presentation based on report: 5 minutes.
2. Individual examination: 20 minutes.
3. Discussion of performance and announcement of grade: 5 minutes.Type of evaluation7-point grading scaleExaminersExternal censureExam criteriaThe student will receive an individual grade for the overall performance covering the portfolio, presentation and individual examination. The evaluation of the performance is based on the
degree to which it complies with the purpose and learning objectives of the subjects, as described in the curriculum.
In the subject Innovation and Entrepreneurship (EN) you will receive 48 hours of instruction, which corresponds to 64 lessons (1 lesson = 45 min.) and 35% of your total workload for the subject.
The teaching primarily consists of the following activities: cases.
The preparation primarily consists of the following activities: group work.
Read about KEAs Study Activity Model
*KEA can deviate from the number of hours if this is justified by special circumstances