SUBJECT
Entrepreneurship and Innovation
practical
master
4
Semester 3
Autumn semester
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
Recommended reading list
Eric Ries: The Lean Startup: How Today’s Enterpreneurs Use Continuous Innovation to Create Radically Successful Busine