SUBJECT

Title

Entrepreneurship and Innovation

Type of instruction

practical

Level

master

Part of degree program
Credits

4

Recommended in

Semester 3

Typically offered in

Autumn semester

Course description

Aim of the course

Provides basic innovation and business knowledge for non business students. Develops knowledge and skills necessary for starting a business. Involves students in the innovation processes of ELTE.

SIMpLe - Start-up and Innovation Management Learning simulation is a interdisciplinary and interfaculty course of ELTE which complemented with lectures about the organizational conditions of innovation and entrepreneurship

Learning outcome, competences

knowledge:

  • Understanding the business mind
  • Main steps of a business conception and plan
  • Individual and organizational of innovation

attitude:

  • openness
  • taking initiative

skills:

  • teamwork
  • innovative thinking
  • ability to work in a multidisciplinary team

Content of the course

Topics of the course

  • Innovation, forming teams
    • entrepreneurial attitude
    • entrepreneurial teams
  • The business model
    • business ideas
    • business partners and competitors
    • resources
    • value creation
    • marketing, selling
    • consumer relations
    • costs
    • profit
  • Personal and organizational conditions of innovation and entrepreneurship
  • Elaboration of a start up idea in teams
  • Presentation

Learning activities, learning methods

  • The development of entrepreneurial skills will be realized through interdisciplinary team work and presentation valid examples. A business simulation game will help students to learn the material of the course. Mentors will help students to work effectively on their start up project.

Evaluation of outcomes

Learning requirements, mode of evaluation, criteria of evaluation:

requirements

  • knowledge of the course material and the readings
  • participation and oral and written presentation of the project work,

mode of evaluation:

  • evaluation of the contribution in the project work
  • written report about the business model of the start up idea

criteria of evaluation:

  • project work, written report, presentation
Readings

Recommended reading list

Eric Ries: The Lean Startup: How Today’s Enterpreneurs Use Continuous Innovation to Create Radically Successful Busine