Strategic Entrepreneurship and Innovation 15 Credits
Course Contents"Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or service. It is capable of being presented as a discipline, capable of being learned, capable of being practiced.” (P. Drucker, Innovation and Entrepreneurship, Elsevier, Butterworth-Heinemann, Burlington, Mass, USA, 2007, Classic Collection)
This course examines the theory and practice of promoting and managing entrepreneurship and innovation in engineering context, where such development is closely related to technology and manufacturing. It explores successful frameworks, strategies, techniques, business models, risks, and barriers for introducing incremental improvements as well as break-through products and services. Students are required to integrate their specific engineering knowledge to develop these issues beyond theory and into practice.
The course is divided in three highly integrated themes;
The entrepreneurial individual
The organizational prerequisites for entrepreneurship and innovation
The strategic assessment of innovations
- The entrepreneurial individual As entrepreneurship is a human characteristic the course starts from the individual perspective. The aim is to enhance the understanding of different aspects and contexts of entrepreneurship as a basis for crafting the students ‘entrepreneurial selves’. This is done through learning that is based on practical experimentation and critical reflection. Students draw on their engineering backgrounds to contextualize…..
- The organizational prerequisites for entrepreneurship and innovation In most cases individual’s entrepreneurial activities take place in organizations. It is therefore essential to understand the organizational context. In this part we analyze both the external and internal context from the perspective of entrepreneurship and innovation. Further we examine organizational solutions of how to organize innovation processes where engineering plays a central role (solutions as product development, open innovation, business development, corporate venturing, and change management)
- The strategic assessment of entrepreneurship and innovation The purpose of entrepreneurial and innovative activities is to create a value whether expressed in financial terms, employment, sustainability or improvement of welfare. In this the third part of the course the aim is to focus on what values that are to be in focus in the entrepreneurial and innovative processes and assess if these values are created. The aim of this part is both to develop a capability of assessing organizational processes and assessment of specific innovations.
All three themes are contextualized to engineering-intense situations and organizations. The development of each theme is depending on students to build on and bring into the discussion their various engineering backgrounds.
PrerequisitesBachelor’s degree (i.e the equivalent of 180 credits at an accredited university) with at least 90 credits in engineering
Level of Education: Master
Course code/Ladok code: JSER25
The course is conducted at: Jönköping International Business SchoolLast modified 2016-06-21 14:22:32