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Innovation and Entrepreneurship (DLMBIE)

Module Title: Innovation and Entrepreneurship

Module No.:

DLMBIE

Semester / Term:

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Duration:

1 Semester

Module Type(s):

Pflicht, Wahlpflicht

Zu Details beachte bitte das Curriculum des jeweiligen Studiengangs

Regularly offered in:

WS, SS

Workload: 150 h

Credit Points: 5

Admission Requirements:

None

Language of Instruction:

Englisch

Contributing Courses to Module:

Workload:

Self-study: 90 h
Self-examination: 30 h
Tutorials: 30 h

Course Coordinator(s) / Tutor(s):

Please see the current list of tutors on the Learning Management System.

Module Director:

References to Other Programs:

• Master of Business Administration (IUBH DL)
• Master International Management (IUBH SoBaM)
• MBA International Business (IUBH SoBaM)

References to Other Modules in the Program:

• Leadership
• Strategic Management
• Change Management

Qualification and Educational Objectives of the Module:

On successful completion, students will be able to:

  • Describe the foundations, importance, and dimensions of entrepreneurship and entrepreneurial activities and derivatives of entrepreneurship such as interpreneurship, corporate entrepreneurship, owner/manager relations and small/family businesses.
  • Analyze the opportunities and challenges associated with establishing a new venture and evaluate new business ventures using empirical criteria.
  • Differentiate between different motivations for business formation and develop specific objectives for new business ventures.
  • Develop a business model that includes specific measures to facilitate the sustainable growth of the new venture.
  • Recognize the legal designs available to formalize business formation and select the most appropriate design relative to the needs of the business.
  • Assess available financial sources to fund business/innovation activities and select the most appropriate capital/debt structure for the short- and medium-term.
  • Outline the role of various stakeholders and effectively manage relations with stakeholders with a vested interest in the innovation.
  • Construct a rigorous business plan that can be used as a strategic planning tool and utilized to secure necessary financial backing.
  • Enable students to adopt an “entrepreneurial mindset” to guide them in a variety of contexts in their professional lives.

Course Content of the Module:

  • Innovation and entrepreneurship in a globalized economy
  • Fundamentals of entrepreneurship
  • Innovation and product development
  • Innovation, adoption, and diffusion
  • Applied innovation

Teaching Methods:

See the contributing course outline(s)

Literature:

See the contributing course outline(s)

Percentage of the Module Grade Relative to the Final Grade for the Program:

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Prerequisites to Qualify for Assessment:

Assessment:

See course outline(s)

Exam, 90 minutes (100%)