This course will help you understand how to use technology, creativity, and business skills to create new products or services that solve problems.
You’ll learn how to identify opportunities for creating value through innovation. You’ll also discover the best ways of turning ideas into commercial success stories by building a sustainable business around them.
This course will focus on the application of entrepreneurship and innovation to educational problems.
We will explore a variety of topics including social entrepreneurship, disruptive technologies, open-source software, online communities, and other innovative approaches that are transforming education.
The course is designed for students with an interest in using technology-driven innovation and entrepreneurship to address important problems facing society today.
It is also appropriate for those seeking a deeper understanding of how technology can be leveraged by educators to improve teaching practices or create new opportunities for student engagement.
The primary objectives of this course are to instill in students a deep understanding of the critical role of innovation in education and to foster an entrepreneurial mindset. Students will learn to identify educational problems, apply design thinking, manage projects, create and evaluate business models, and develop financial literacy tailored to the educational sector. Additionally, the course emphasizes ethical and social responsibility in education entrepreneurship, teamwork and collaboration skills, effective presentation techniques, and staying informed about emerging trends. Ultimately, our goal is to empower students to become proactive and innovative contributors to education, whether through entrepreneurial ventures, innovative teaching practices, or addressing educational challenges.
Introduction
Creativity and Innovation Practicing Entrepreneurship, Activating an Entrepreneurial Mindset in an Education Environment
Innovation in Education
Project Management
Creating and Developing Opportunities Design Thinking Basics applied to Education, Testing and Experimenting with New Ideas, Developing Networks and Building Teams
Evaluating and Acting on Opportunities Creating Educational Revenue Models, Planning
Midterm Exam
Feasibility Research
Financial Planning
Business Models Creation of Educational Stakeholder Value Proposition
Educational Model Canvas A BMC derivative for Educational Technologies
Project Presentations
At the beginning of the semester, students were asked to write down their perspectives on the concepts of entrepreneurship and innovation. This is asked to assess their awareness levels of the topic.
A brief description of entrepreneurship has been introduced. Also the myths of entrepreneurship was debunked.
2
Explore the structure and strategy of your business idea using the Business Model Canvas, a visual tool that outlines key components such as value propositions, customer segments, and revenue streams.
9
Learn how to identify and evaluate entrepreneurial opportunities by understanding market needs, trends, and potential innovations that can be transformed into viable business ventures.
3
Gain an understanding of innovation basics, including the types, processes, and mindsets required to develop new and effective solutions in various industries.
4
Examine the dynamics of change within industries and organizations, and learn strategies for effectively managing and driving change to stay competitive and innovative.
6
Discover the traits, challenges, and journeys of successful entrepreneurs, focusing on how they start, sustain, and grow their ventures in a competitive marketplace.
5
Explore the various sources of financial capital available to entrepreneurs, from venture capital and angel investors to loans and crowdfunding, and how to strategically acquire them.
11
Kawasaki, G. (2004) The Art of the Start, Penguin Books, USA. ISBN: 1-59184-056-2
Hougaard, Soren (2005) The Business Idea: The Early Stages of Entrepreneurship, ISBN 3-540-22663-X Springer, Heidelberg.
von Hippel, Eric. "Overview" and "Users as Innovators." Chapters 1 and 2 in The Sources of Innovation. Oxford University Press, 1988. ISBN: 0-19-504085-6.
Marian V. Jones and Pavlos Dimitratos (ed.) (2004) Emerging Paradigms in International Entrepreneurship, Edward Elgar Publishing Limited, UK. ISBN: 1 84376 136 X
Mital A., Desai A., Subramanian A., Mital A. (2009) Product Development: A Structured Approach to Consumer Product Development, Design and Manufacture
Fleming, L. "Breakthroughs and the Long Tail of Innovation." MIT Sloan Management Review 49, no. 1 (2007): 69-74.
Thomke, S. "Capturing the Real Value of Innovation Tools." MIT Sloan Management Review 47, no. 2 (2006): 24-32.