ELE 3701 Innovation and Entrepreneurship - RE-SIT EXAMINATION

ELE 3701 Innovation and Entrepreneurship - RE-SIT EXAMINATION

Course code: 
ELE 3701
Strategy and Entrepreneurship
Course coordinator: 
Pengfei Wang
Course name in Norwegian: 
Innovation and Entrepreneurship - RE-SIT EXAMINATION
Product category: 
Bachelor - Electives
2022 Autumn
Active status: 
Re-sit exam
Level of study: 
Resit exam semesters: 
2022 Autumn
Resit exam info

A last re-sit examination will be offered in the autumn of 2022.

Teaching language: 
Course type: 
One semester

Please note
This course can´t be taken by students in Bachelor Programme in Entrepreneurship due to overlap with other courses in the program.

During recent years, growing awareness of the importance of innovation and entrepreneurship has developed, and this field is now one of the highest priorities of the Norwegian Government which has developed its "holistic innovation policy framework" formulated in the document "From Idea to value", in which it is declared that Norway is going to become "one of the most innovative countries of the world".

Innovation and entrepreneurship address basic processes of industrial evolution, which can take many forms in processes of developing new products and processes, starting up new firms or developing or restructuring existing firms, or for instance by organising collaboration with customers or clients. Basically, innovation and entrepreneurship are focusing on the same type of processes, however, with a tendency of innovation to be more focused on developing the functional aspects of products or processes, while entrepreneurship is more focused on starting up new ventures and commercialisation.

In this course we will take this as the point of departure, and discuss what innovation and entrepreneurship are, and analyze the importance of these phenomena and how they are materializing in "real" life, both in existing firms and in connection with the start-up of new firms

Learning outcomes - Knowledge

In the course the student will get an overview of the fields of innovation and entrepreneurship, and achieve familiarity with key concepts and theories.

Learning outcomes - Skills

The student will develop skills for analysing development processes in firms and entrepreneurial ventures.

General Competence

During the course, the student is expected to develop an ability to reflect critically on the role of innovation and entrepreneurship in the economy, as well as on political strategies to support innovation and entrepreneurship in society.

Course content

The course is organized in the following sequences:

  • Models & Types of Innovation
  • Innovation and Entrepreneurship Organization
  • Proactive Links
  • Generation of Innovations
  • Search for & Selection of Opportunities
  • Implementation, Development & Commercialisation of Innovations
  • Strategic Leadership

The course will be supplemented by seminars consisting of a combination of case studies, exercises and discussion of key readings.

Teaching and learning activities

The course will include lectures, guest lectures, and student participation related to cases and curriculum.  

During the semester the students will write a Project paper. The project paper can be written in groups of up to three students.

Software tools
No specified computer-based tools are required.
Additional information

For electives re-sit is normally offered at the next scheduled course. If an elective is discontinued or is not initiated in the semester it is offered, re-sit will be offered in the electives ordinary semester.

Required prerequisite knowledge

No particular prerequisites required.

Exam category: 
Form of assessment: 
Written submission
Group/Individual (1 - 3)
1 Semester(s)
Grade in the course is based on a term paper.
Term paper. Max 25 pages. Accounts for 100% of the grade.
The project paper can be written in groups of up to three students.
Exam code: 
Grading scale: 
Type of Assessment: 
Ordinary examination
Total weight: 
Student workload
30 Hour(s)
Seminar groups
2 Hour(s)
Participation in seminar, supervision (Class divided into  2 groups/individually)
Prepare for teaching
77 Hour(s)
Group work / Assignments
25 Hour(s)
Prepare presentations and activity in class
66 Hour(s)
Project paper
Sum workload: 

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 7,5 ECTS credit corresponds to a workload of at least 200 hours.