GRA 8243 Innovation and Entrepreneurship (2024/2025)
GRA 8243 Innovation and Entrepreneurship (2024/2025)
Innovation is the engine that drives revenue and profit growth in most organizations. In this segment, we will explore different models of innovation management from those used by large design firms in Silicon Valley to the ones employed by large industrial firms in other parts of the world. Using cases, videos and in-class exercises, we'll examine the context in which innovation takes place, the ways in which customers can be embedded in the design process, and the systems, tools and techniques used to successfully manage innovation.
At the end of the Entrepreneurship session, participants will understand how Silicon Valley functions; how VS firms are organized and partners compensated; set deal flow, deal terms and valuation. Understand the IPO process and value creation; how to manage distributions and fund liquidations.
- Describe the Silicon Valley entrepreneurship ecosystem
- Evaluate new venture creation proposals
- Discuss new venture finance, customer development, business strategy and business models
- Develop an innovative idea into a business plan
- Ability to recognize and develop opportunities
- Build a venture team
- Pitch a business idea
- Acknowledge the uncertainties of entrepreneurial activities
- Reflect on how an entrepreneurial life is different from a professional life
- Respect the venture capitalist's perspective
Lectures, seminars and presentations on the following topics:
- Business models.
- Innovation from inside.
- Entrepreneurship and startups.
- Innovation process.
- Business plan development.
Company visits
The course runs of 5 days with a combination of lectures, presentations and company visits. The content is entirely delivered by faculty from UC Berkeley.
1 ECTS credit corresponds to a workload of 26-30 hours.
Attendance to all sessions in the course is compulsory. If you have to miss part(s) of the course you must ask in advance for leave of absence. More than 25% absence in a course will require retaking the entire course. It's the student's own responsibility to obtain any information provided in class that is not included on the course homepage/ It's learning or other course materials.
Candidates may be called in for an oral hearing as a verification/control of written assignments.
The course is a part of a full Executive MBA programme and examination in all courses must be passed in order to obtain a certificate.
In all BI Executive courses and programmes, there is a mutual requirement
for the student and the course responsible regarding the involvement of the student's experience in the planning and implementation of courses, modules and programmes. This means that the student has the right and duty to get involved with their own knowledge and practice relevance, through the active sharing of their relevant experience and knowledge.
Granted admission to the EMBA programme. Please consult our student regulations.
Disclaimer
Deviations in teaching and exams may occur if external conditions or unforeseen events call for this.
Assessments |
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Exam category: Submission Form of assessment: Submission PDF Weight: 60 Grouping: Group (2 - 8) Duration: 5 Day(s) Comment: The students submit a slide presentation in pdf format, counts 60% of the final grade. Exam code: GRA 82434 Grading scale: ECTS Resit: Examination when next scheduled course |
Exam category: Submission Form of assessment: Submission PDF Weight: 40 Grouping: Group (2 - 8) Duration: 4 Week(s) Comment: Group submission (business plan), counts 40% of the final grade. Exam code: GRA 82435 Grading scale: ECTS Resit: Examination when next scheduled course |
All exams must be passed to get a grade in this course.
A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 4 ECTS credit corresponds to a workload of at least 110 hours.