Entrepreneurship & Innovation Management

Name: Entrepreneurship & Innovation Management
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Learn The Principle of Entrepreneurship & Innovation Management

Created bySentinel | 9

Last updated 4/2021

English

What you'll learn

Understand the theoretical and practical knowledge in entrepreneurship and innovation, including recent developments in the discipline.
Apply critical thinking to relevant research articles of contemporary relevance in entrepreneurship and innovation.
Critically analyse information from a wide range of sources to create solutions innovatively to improve current practices.
Examine the key challenges faced by entrepreneurs and conceptualize a strategic response to overcome these challenges.
Critically evaluate and synthesize information from a wide range of sources to demonstrate research skills, show initiative in consulting literature and demonstrate the capacity to document the outcomes with sound analysis and recommendations.

Course content

6 sections • 72 lectures • 1h 55m total length

Lecture 1.1 Entrepreneurship1:15
Lecture 1.2 Entrepreneurship Introduction0:38
Lecture 1.3 Entrepreneurship Definition1:03
Explore how opportunities are discovered and exploited by entrepreneurs, with traditional entrepreneurship focusing on profit and uncertainty, and social entrepreneurship emphasizing social and environmental impact.
Lecture 1.4 Entrepreneurship Theories1:14
Lecture 1.5 Schumpeter Theory2:20
Lecture 1.6 Uncertainty - Bearing Theory and Krizner's "Alert" Entrepreneurship2:03
Knight's uncertainty bearing theory shows the entrepreneur bears uncertainty and earns profit by initiating innovations, adapting to change, and bearing consequences; Castner's alert entrepreneur explains disequilibrium correction by entrepreneurial action.
Lecture 1.7 Biological and Marshall's Theory of Entrepreneurship1:16
Lecture 1.8 Other Entrepreneurship Theories1:52
Lecture 1.9 Sociological Theories of Entrepreneurship2:03
Lecture 1.10 Jean-Baptiste Say's Law1:28
Say's law posits that production creates its own demand, so growth comes from increasing production. Entrepreneurs produce goods, creating employment, wages, and market opportunities through innovations like railroads.
Lecture 1.11 Entrepreneurship Creativity0:44
Lecture 1.12 Theories in Creativity1:07
Explore how creativity starts with sensing problems and gaps, formulating hypotheses, testing ideas, and communicating results, helping entrepreneurs apply outside-the-box thinking to solve problems.
Lecture 1.13 Wertheimer, Maslow, Rickards and Gilliam2:33
Wertheimer frames creativity as restructuring knowledge to gain new insights, while Maslow outlines needs and two levels of creativity; Rickards and Gilliam describe personal discovery, new connections, and novel ideas.
Lecture 1.14 Creativity in Organisations0:58
Lecture 1.15 Creativity in Management0:48
Foster creativity in management by restructuring the problem solving process to generate new ideas and perspectives, helping organizations progress in a rapidly changing cultural, economic, and technological landscape.
Lecture 1.16 Creativity and Competition0:52
Lecture 1.17 Entrepreneurship Mindset1:31
Carole Duke identifies fixed and growth mindsets, and entrepreneurship hinges on choosing a growth path; shift from fixed to growth through dedication, effort, and learning from failures.
Self-Knowledge Quiz

Lecture 2.1 Innovation and Entrepreneurship1:25
Lecture 2.2 Types of Innovations2:10
Explore the OECD's innovation definition as implementing a new or significantly improved product or service, process, or organizational method, and examine modes like business model, market, and supply chain innovations.
Lecture 2.3 Innovation Theories1:42
Lecture 2.4 Chain-Linked Innovation Model1:52
Explore the chain linked innovation model by Klein and Rozenberg, linking central chain of innovation, common pool of knowledge, market pull and technology push across five major paths.
Lecture 2.5 Diffusion of Innovation Theory2:47
Lecture 2.6 The Importance of Peer-to-Peer Conversations & Peer Networks1:06
Lecture 2.7 Understanding the Needs of Different User Segments1:19
Lecture 2.8 Paradigm Shift1:34
Lecture 2.9 Cultivating a Culture of Creativity and Innovation0:29
Lecture 2.10 Innovation Organisations2:25
Lecture 2.11 Intrapreneurial Problem Solving2:48
Foster an intrapreneurial culture by embracing failure, avoiding perfectionism, and tolerating risk; reward innovation across all functions and cultivate leadership and diverse collaboration to bring market-ready ideas faster.
Lecture 2.12 Key Perceptions2:31
Lecture 2.13 Think Tank1:25
Lecture 2.14 The Power of Storyboarding0:36
Lecture 2.15 How to Manage Creative Teams1:22
Lecture 2.16 IT Systems for Innovation2:15
Self-Knowledge Quiz

Lecture 3.1 Entrepreneurs & Corporate Intrapreneurs1:53
Lecture 3.2 Entrepreneurial Problem Solving0:46
Lecture 3.3 Intrapreneurial Problem Solving1:04
Lecture 3.4 Collaborative Networks0:57
Lecture 3.5 Notion of Collaboration1:38
Lecture 3.6 Building a Culture of Innovation: The Role of Leadership1:30
Lecture 3.7 What Makes a Leader2:26
Lecture 3.8 Other Studies on Emotional Intelligence3:56
Lecture 3.9 Evaluating Entrepreneurial Start-Ups2:17
Lecture 3.10 Your IP Strategy0:57
Lecture 3.11 Market Research1:25
Lecture 3.12 Set Your Research Objectives1:59
Lecture 3.13 Evaluating Revenue & Costs Framework1:05
Lecture 3.14 Cost Drivers2:47
Lecture 3.15 Variable and Fixed Costs1:28
Self-Knowledge Quiz

Lecture 4.1 Financing Decisions for Start-ups1:53
Lecture 4.2 Types of Angel Investors0:57
Lecture 4.3 Attracting Angel Investors0:44
Discover how expanding angel groups provide mentorship and funding, and learn strategies to attract investors with a solid management team, business plan, investment structure, and exit strategy.
Lecture 4.4 Venture Capitalist1:45
Lecture 4.5 Venture Capital Investment Process1:24
Lecture 4.6 The Stages in Venture Capital Investment1:41
Lecture 4.7 Advantages of Venture Capital1:24
Venture capital provides long-term equity finance, a base for growth, and follow-on funding, with mentoring and networks offering operational, financial advice and exit via initial public offering or trade sales.
Lecture 4.8 Government Grants1:55
Lecture 4.9 Funding Instruments for Entrepreneurs0:54
Lecture 4.10 Debt Instrument2:17
Define debt instruments as contracts between a lender and a borrower. Summarize loans, mortgages, bonds (corporate and government), and finance leases, including collateral, interest, maturity, and risk.
Lecture 4.11 Mezzanine - Preferred Shares2:00
Lecture 4.12 Capital Market Structure1:52
Lecture 4.13 Advantages and Disadvantages1:37
Self-Knowledge Quiz

Lecture 5.1 Capital Structure and Implications2:37
Lecture 5.2 Shareholder Equity0:40
Lecture 5.3 Mezzanine Debt2:18
Use mezzanine debt to fund growth and reduce equity. Positioned between senior debt and equity, it targets 15–25% IRR with looser covenants and exit via recapitalization or change of control.
Lecture 5.4 Lowering the Cost of Capital and Improving Equity Returns0:49
Lecture 5.5 Dilution2:44
Lecture 5.6 Price Earnings Ratio2:50
Lecture 5.7 Succession Planning & Exit Strategy0:42
Lecture 5.8 Mistakes to Avoid in Succession Planning0:26
Lecture 5.9 Plan, Do and Review1:47
Lecture 5.10 Exit Strategies1:45
Self-Knowledge Quiz

Requirements

Computer with an Internet Connection.
PDF reading software, such as free Adobe Reader.

Description

COURSE OVERVIEW:

Entrepreneurship and Innovation is important in all areas of business and plays a crucial role in the economy. An understanding of the relationship between entrepreneurship and innovation is essential for identifying new opportunities, allocating resources efficiently and for achieving sustainable competitive advantage. Therefore, it is imperative that decision makers understand the key concepts of entrepreneurship and innovation and be able to apply this knowledge effectively to create solutions to consumer, market, environmental and social problems.

This course aims to provide students the opportunity to develop and enhance their skills and knowledge in the field of entrepreneurship and innovation. The unit includes the following topics: Entrepreneurship, corporate intrapreneurs, innovation and creativity, entrepreneurial start-ups, IT systems for innovation, strategy and succession planning.

As mentioned above, upon completion of this course students will have the skills and knowledge to identify, plan, develop and launch their own entrepreneurial and innovative ventures.

LEARNING OUTCOMES:

Upon the completion of this course, users will be able to:

Understand the theoretical and practical knowledge in entrepreneurship and innovation, including recent developments in the discipline.
Apply critical thinking to relevant research articles of contemporary relevance in entrepreneurship and innovation.
Critically analyse information from a wide range of sources to create solutions innovatively to improve current practices.
Examine the key challenges faced by entrepreneurs and conceptualize a strategic response to overcome these challenges.
Critically evaluate and synthesize information from a wide range of sources to demonstrate research skills, show initiative in consulting literature and demonstrate the capacity to document the outcomes with sound analysis and recommendations.

Who this course is for:

Business Managers
Business Students
Entrepreneurs
Self Employed Individuals
Start-up Companies

Entrepreneurship & Innovation Management

What you'll learn

Explore related topics

Course content

Entrepreneurship & Entrepreneurship Creativity17 lectures • 24min

Entrepreneurship Creativity & Innovation16 lectures • 28min

Entrepreneurs & Corporate Intrapreneurs and Evaluating Entrepreneurial Start-Ups15 lectures • 26min

Lecture 4 Financing Decisions for Start-Ups and Instruments for Entrepreneurs13 lectures • 20min

Lecture 5 Capital Structure & Implications / Succession Planning & Exit Strategy10 lectures • 17min

Revision1 lecture • 1min

Requirements

Description

Who this course is for: