Content, progress and pedagogy of the module

Innovation, entrepreneurship and business models are key concepts that are necessary to understand changes in and for companies. In order to maintain their competitiveness, companies need to understand these concepts and be able to address the issues and challenges they present.

The module includes an introduction to key concepts and theories regarding innovation, entrepreneurship and business models. These are used throughout the course to identify, define and reflect on key issues related to innovation, entrepreneurship and business models. While introducing a number of instruments for business planning and for understanding innovation the course also provides a critical perspective on business planning and the ‘innovative imperative’ – that all firms need to be innovative on a continuous basis. These insights are essential for any business manager and are as such relevant to the whole business administration education.

In the teaching, the module connects theory with practice by means of various real-life examples and cases. During the exercises the students will be introduced to using digital platforms and the use of specific software for group work and for assignments.

Learning objectives

Knowledge

The objective is that the student after the module possesses the necessary knowledge on:

• key notions, concepts and theories about innovation, entrepreneurship and business models.
• key issues within innovation, entrepreneurship and business models and the ability to identify, define and reflect on these.
• the actions taken by various companies in relation to innovation, entrepreneurship and business models, exemplifying these.

Skills

The objective is that the student after the module possesses the necessary skills in:

• identifying theoretical and practical issues within innovation, entrepreneurship and business models.
• applying relevant theories in relation to understanding and analysing a practical issue within innovation, entrepreneurship and business models.
• relating analytically and critically to issues concerning the importance of entrepreneurship and innovation in a dynamic market economy and to businesses in such an economy.

Competences

The objective is that the student after the module possesses the necessary competences in:

• accepting responsibility for own learning and professional development within innovation, entrepreneurship and business models.
• independently planning and performing analyses of relevant issues within innovation, entrepreneurship and business models.
• combining theory and practice to address issues concerning organisation, management and implementation of innovation and new businesses.

Type of instruction

For information see §17.

Exam

Exams