KLS 3553 Starting a venture in creative industry
KLS 3553 Starting a venture in creative industry
Entrepreneurship is a key competence in today's working life in general and in creative industries in particular. The course is based on the model from the start-up course at the Bachelor program in Entrepreneurship, but focused on creative industry.
This is a practical course where the students work with problem solving, idea development, commercialization and setting up a business within the creative industry. During the course, the students will start, run and possibly close a business, either as a student company or as an ordinary company. Participation in hours and work is expected beyond the lectures. Throughout the semester, students will submit weekly logs. Participation in classes and work beyond the lectures is expected.
During the course, students will acquire general knowledge of:
- How to identify a business idea, form a team, register, startup and operate
- Challenges related to startup, resources and time
- Opportunities and challenges in market segmentation and sales to the corporate and retail markets
- Network utilization in practice
- Ability to operationalize a business model and a business plan
- Validate and clarify market potential for your startup
- Be able to present the core idea, what is done and that can be done better
- Use tools to convey status reports to the class and lecturer
- Experience in collaboration to reach a startup (corporate) goal
- Reflect on goal achievement
Through participation, students will gain experience with real choices related to the idea, commercialization, registration and operation of a company. Secondly, the ability to critically reflect on the ethical and economic consequences of how the process works from idea to operation. Communication within the team, feedback exercises and reflection is central to the course.
Step 0: Inspiration
Step 1: Personality, motivation and values
Step 2: Team and network
Step 3: Ideation, problem statement and registration
Step 4: Business model
Step 5: Testing, feedback and learning
Step 6: Segmentation
Step 7: Value, stakeholders and product brochure
Step 8: The sales process
Step 9: Finance
Step 10: Business plan
Step 11: Pitch and presentation
The teaching deals with central themes in starting and organizing a new business, but emphasizes progress and sharing. Students will prepare a dated weekly log throughout the semester based on reflection questions presented in each lesson.
Sales and status presentations are practiced in the lectures.
Feedback is also provided on the business plan before final submission.
A re-sit in the following exam codes is offered in spring of 2022 and last time in spring of 2023:
KLS 35531 Term paper that counts 60 % in groups of 1-3 students and
KLS 35532 Oral examination (duration 20 minutes) that counts 40 % in groups of 1-3 students.
Higher Education Entrance Qualification
Covid-19
Due to the Covid-19 pandemic, there may be deviations in teaching and learning activities as well as exams, compared with what is described in this course description.
Teaching
Information about what is taught on campus and other digital forms will be presented with the lecture plan before the start of the course each semester.
| Assessments |
|---|
Exam category: Submission Form of assessment: Written submission Weight: 40 Grouping: Group/Individual (1 - 3) Duration: 1 Semester(s) Comment: All exam elements must be passed to achieve a final grade in the course. Exam code: KLS 35533 Grading scale: ECTS Resit: Examination when next scheduled course |
Exam category: Activity Form of assessment: Oral examination Weight: 40 Grouping: Group/Individual (1 - 3) Duration: 20 Minute(s) Comment: All exam elements must be passed to achieve a final grade in the course. Exam code: KLS 35534 Grading scale: ECTS Resit: Examination when next scheduled course |
Exam category: Submission Form of assessment: Written submission Weight: 20 Grouping: Individual Duration: 1 Semester(s) Comment: All exam elements must be passed to achieve a final grade in the course. Exam code: KLS 35535 Grading scale: ECTS Resit: Examination when next scheduled course |
All exams must be passed to get a grade in this course.
| Activity | Duration | Comment |
|---|---|---|
Teaching | 36 Hour(s) | |
Group work / Assignments | 82 Hour(s) | |
Student's own work with learning resources | 82 Hour(s) |
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.