Prerequisite/Recommended prerequisite for participation in the module

Content, progress and pedagogy of the module

The purpose of this module is to provide advanced knowledge of theories and methodological tools to analyse and define appropriate and innovative strategies and business plans for service companies. The module will focus on various strategic approaches and theories of entrepreneurship with an emphasis on innovative business models for product-service systems. Theories and methodological tools will be applied to specific cases.

Learning objectives

Knowledge

Students who complete the course module will obtain the following qualifications:

• Knowledge about theories and methods for business ideation and development
• Knowledge about theories of strategy, innovation and entrepreneurship
• Understand and explain the key linkages between the different theories and how they impact the practical execution of entrepreneurial projects

Skills

Students who complete the course module will obtain the following qualifications:

• Understand and explain the link between different elements of business models (unique selling proposition, customer value and organisational, technological and financial issues)
• Appropriately and critically apply frameworks and methods from strategy, innovation management and business development to a variety of contexts
• Combine previous knowledge on service systems and related technology with the financial, economic, organizational and business aspects of service design (synthesis)

Competences

Students who complete the course module will obtain the following qualifications:

• Appropriately select, define and execute business models in relation to different services (synthesis)
• Select and use creative and design-driven perspectives to manage innovative services, all the way up to the development of appropriate strategy and business plans (synthesis)

Type of instruction

See general description of the types of instruction described in § 17.

Exam

Exams