Units: 6 ECTS undergraduate (elective).
Semester: Fall, 7 weeks.
Teaching method: Lectures, discussions, assignments and presentations.
Literature: Innovation and entrepreneurship 2nd ed. after John Bessant and Joe Tidd and other reading material.
Instructor: Dr. Anna Elisabet Olafsdottir
Content and objective
The aim of the course is to introduce entrepreneurial and innovative thinking to stimulate participants to be creative and learning the basics in writing business plans. Theories of entrepreneurship and innovation will be introduced and how they can be applied. Social entrepreneurship and its importance for societies will be presented and case studies discussed. Social entrepreneurship not only generates entrepreneurial or corporate income but also aims for solving societal problems, generating social wealth
The evaluation in the course is 100% based on group projects, where students come up with new business ideas which they then evaluate and develop over the timeframe of the course. The groups are taken through creative thinking, helping them to come up with new business ideas in cooperation with their peers. A simple business plan will be written around the ideas. The results are presented to the peers, instructors and potential investors (if applicable). The course addresses therefore both a theoretical perspective of innovation and entrepreneurship and a practical training, giving students a hands-on experience related to innovation and entrepreneurship.
Learning outcomes: Knowledge - Skills – Competence (Icelandic: þekking, leikni, færni)
Knowledge: After the course students should have an:
Skills: After the course students should be able to use their skills in
Competences: After the course students should have developed their competence in: