


General course objectives:
To enable the students to develop and analyze a business idea based on their knowledge within a number of relevant technical, legal and economic fields as well as to include knowledge and conclusions in a business plan for a company start-up.
The pedagogies concur with the CDIO concept for engineering education: Conceive – Design – Implement - Organize. You conceive business ideas, you design business models, and you analyze and plan a business start up. The single most important part of the learning process unfolds in the live sessions and in the group. That’s where theory is transformed to practice in your own context. So join and engage and do your bit.
Learning objectives:
A student who has met the objectives of the course will be able to:
Identify business opportunities
Develop business ideas (Opportunity driven creativity)
Develop business models
Analyze markets for technological products and services
Set up questionnaires and interview customers
Analyze customer value proposition
Plan the establishment of a company (Business planning)
Determine capital requirements
Establish cash flow projection
Establish budgets on profit/loss, assets/liabilities
Calculate an equity investment
Specify management competence profiles
Content:
The lectures cover a wide array of subjects:
- Entrepreneurship
- Strategies for knowledge based start-up companies
- Product development
- Patents and licenses
- Business planning
- Sales and marketing
- Production/distribution
- Type of business (legal)
- Economic analysis
- Financing the company start-up
- Managing a high-tech venture
Simultaneously with the course the students have to work out a business plan for a specific product idea. At the end of the course the business plan has to be presented in order to get feedback.