The I&E Module courses


Innovation and Entrepreneurship study module is based on long experience in entrepreneurship and innovation research, teaching and development. At the Turku School of Economics the I&E study module can be chosen as a minor in Global Innovation Technology Management (GITM) master’s degree programme.

The module is also open for students participating specific Master’s degree programmes in University of Turku and all NMS iICT students. The module consist of four study units each valued for 5 ECTS credits. Students can also include additional 5 ECTS study unit in order to complement a minor.

The I&E module gives students a comprehensive picture of current issues in the field of innovation and entrepreneurship. Additionally ICT and related industries are the areas of interest during the studies. The various parts of the module are linked one to another and advance from general to more specific issues. The idea is to provide the student with a deep understanding and working tools to start-up and develop their own business.

The courses should be taken in the following order presented below:

    Obligatory courses: I&E study module (20 ECTS cr)

  1. YRe510 Introduction to Innovation and Entrepreneurship in ICT context
  2. YR1 New business models
  3. YR520 Starting up and managing a new venture
  4. YRS8 Innovations and Global Growth
  5. Obligatory course for the minor (5 ECTS cr.):

  6. YRS5 Specializing course in entrepreneurship

222510 YRe510 INTRODUCTION TO INNOVATION AND ENTREPRENEURSHIP IN ICT CONTEXT

Credits: 5 ects
Person responsible: Pasi Malinen
Period: Autumn term I

Content and objectives

The course gives the students an introduction to innovation and entrepreneurship as a research field. Additional themes covered in the course are knowledge intensive entrepreneurship, open innovation, and innovation system. Case examples of various types of content and service businesses are used. After this course the student knows the basic concepts and understands different perspectives on Innovations and Entrepreneurship and is able to apply the concepts in his/her own discipline. Contact hours No lectures. The course follows the principles of blended learning. Independent work in a virtual learning environment (Moodle) and a closing discussion with the responsible teacher in English, YR510 Innovation and Entrepreneurship Mode of assessment: Written assignments on Moodle learning platform, written examination and closing discussion 222510, YR510 Innovation and Entrepreneurship, 5 ECTS cr.

Literature

  1. Innovation management in the ICT sector: How frontrunners stay ahead. Edward Elgar Publishing Ltd., Huizenga, Edward I. (2004) , 1843765675.
  2. Innovation and Entrepreneurship. Butterworth-Heinemann Ltd; 2. Rev. edition 2007. , Peter F. Drucker, 0750685085.

Notes: Restricted attendance. The course is not part of the JOO (flexible right to study) -system.

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After the student is registered in the course, the student has to go to the following website: https://moodle.bidedu.fi/. For a full access to the course, the student will need to take a minute to create a account for him/her self. Before actually be able to enroll in the course, the student will need a “enrollment key”. The student can have the key by request (e-mail: sari.stenvall(a)tse.fi) after creating the account on Moodle.

YR1/TJ19 NEW BUSINESS MODELS

Credits 5 ects
Term: Autumn term I
Person responsible: Pasi Malinen

Content and objectives

Business models are one of the most prominent, yet least understood issues in business research and management. Classical strategic approach relies upon rigid business models, which define the way the actors operate in relation to each other and associated revenue logics. Technological and organisational innovations together with turbulent business environment set, however, new requirements for business model planning. In this course, the students learn to understand these new business models. Consequently, students learn to explain what is the role of a business model? What kinds of business models are suited for various situations? How do we formulate and plan our business model? How does our business model affect strategy and management and vice versa? The course pays attention to potential high-growth niche markets and innovative revenue models/logics. Contact hours : Autumn term, I period, lectures in English YR1 “New Business Models”, 24 h. Mode of assessment: Written exam 222011 New business models, 5 ECTS cr.

Literature

  1. Open Innovation. The New Imperative for Creating and Profiting from Technology, Chesbrough, Henry (2003) 1-57851-837-7
  2. Additional required literature will be announced before the start of the course

Notes Restricted attendance. The course is not part of the JOO (flexible right to study) -system.

222520 STARTING UP AND MANAGING A NEW VENTURE/ YR 4 Business competence and innovations

Credits: 5 ECTS
Person responsible : nn
Term: Spring term III

Content and objectives

The course covers all the needed background information on how to start up a new (technology / science based) venture. practical case examples are used during the course. After completing this course the student is able to start up his/her own company and masters the basics in business planning activities, knows all aspects of needed business competence including IPR issues, financing the venture, managing a small company and marketing of a new venture. Prerequisites: Courses YR510 and YR1 should be completed before attending this course. Contact hours: Spring term III period, Lectures in English 24 h. Mode of assessment: Written exam 222520 YR520 Starting up and managing a new venture, 5 ECTS.

Literature

Innovators solution creating and sustaining successful growth, Christensen, Clayton M. (2003), 1-57-851852-0. Other required literature is to be informed in the beginning of the course.

Notes: Restricted attendance. The course is not part of the JOO (flexible right to study) -system.

223081 YRS8 INNOVATIONS AND GLOBAL GROWTH

5 ECTS credits
Term Spring term IV
Person responsible Antti Paasio

Content and objectives

The course focuses on the complex solutions for starting up companies with global potential. It deals with high risk – high potential ventures. Special attention is paid to analyzing actual on-going growth businesses. A selection of business managers will also present their cases during the lectures. After completing the course the student has an understanding of the competition, networking, knowledge and business, management as well as financial issues of the development from the business idea into an IPO (Initial Public Offering). Prerequisites: Courses YR510, YR1 and YR520 should be completed before attending this course. Contact hours: Spring term, IV period, lectures in English YRS8 Innovations and Global Growth 20h plus 4 real world cases presented by entrepreneurs and venture investors á 2h Mode of assessment: Exam 223081 YRS8 Innovations and Global Growth, 5 ECTS cr. The exam is two-fold: The student is to prepare a report on an actual growth company and its competitive situation. There is also an exam that covers the literature and the lectures.

Literature

  1. The Change Function. Why some technologies take off and others crash and burn , Coburn, Pip (2006) , 1-59184-132-1.
  2. Open business models how to thrive in the new innovation landscape , Chesbrough, Henry (2006) , 978-1422104279.
  3. Science business. The promise, the reality, and the future of biotech. Harvard Business School Pres , Pisano, Gary P (2006) , 978-1591398400.

Notes: Restricted attendance. The course is not part of the JOO (flexible right to study) -system.

YRS5 Specializing course in entrepreneurship

Persons responsible Pia Arenius, Ulla Hytti, Pasi Malinen, Antti Paasio, Pekka Stenholm, Aim and content To deepen the understanding of a specific, chosen themes in entrepreneurship. The course supports the reading and writing work needed for Master’s thesis. The student can choose one specialising field listed below and read the literature specified by the responsible teacher. Contact hours No lectures. Literature Jointly agreed by the responsible teachers and the student. Special field: Entrepreneurship and entrepreneurs as a focus of qualitative research Person responsible: Ulla Hytti (ulla.hytti@tse.fi)

Literature

  1. Down, Simon (2006) Narratives of Enterprise. Crafting Entrepreneurial Self-Identity in a Small Firm. Edward Elgar Publishing Ltd, Cheltenham, UK.
  2. Jones, Campbell & Spicer, André (2009) Unmasking the Entrepreneur. Edward Elgar Publishing Ltd, Cheltenham, UK.
  3. Neergaard, Helle & Ulhoi, John Parm (Eds) (2007) Handbook of Qualitative Research Methods in Entrepreneurship. Edward Elgar Publishing Ltd, Cheltenham, UK.
  4. Hjorth, Daniel & Steyart, Chris (2005) Narrative and discursive approaches in entrepreneurship: a second movements book. Edward Elgar Publishing Ltd, Cheltenham, UK.

Special field: Nascent entrepreneurship
Person responsible: Pekka Stenholm (pekka.stenholm@tse.fi)

Literature

  1. Shane S, Venkataram S. 2000. The promise of entrepreneurship as a field of research. Academy of Management Journal 25(1): 217-226.
  2. Baumol W.J. (1990) Entrepreneurship: Productive, unproductive, and destructive. Journal of Political Economy 98(5): 893-921.
  3. Reynolds P.D, Curtin R.T. (2008) Business Creation in the United States: Panel Study of Entrepreneurial Dynamics II Initial Assessment. Foundations and Trends in Entrepreneurship 4(3): 155-307.
  4. Davidsson, P. (2006) Nascent Entrepreneurship: Empirical Studies and Developments. Foundations and Trends in Entrepreneurship 2(1): 1-76.
  5. Shane, S. A. (2008) Illusions of Entrepreneurship: The Costly Myths that Entrepreneurs, Investors, and Policy Makers Live By. New Haven, CT: Yale University Press.

Special fields: a) opportunity recognition OR b) networks and social capital
Person responsible: Pia Arenius (pia.arenius@tse.fi)

Literature: to be specified, contact Pia Arenius

Special field: Open innovation
Person responsible: Pasi Malinen (pasi.malinen@tse.fi)

Literature

  1. Chesbrough, Henry & Vanhaverbeke, Wim & West, Joel (2006) Open Innovation: Researching a New Paradigm. Oxford University Press, 0-19-929072-5.
  2. Chesbrough, Henry (2006) Open Business Models: How to Thrive in the New Innovation Landscape. Harvard Business School Press.
  3. Christensen Clayton M., Anthony Scott D. & Roth Erik A. (2004) Seeing What’s Next - Using the Theories of Innovation to Predict Industry Change. Harvard Business School Publishing Corporation, 1591391857.
  4. Von Hippel, Eric (2005) Democratizing Innovation. The MIT Press, London, 978-0-262-00274-5
  5. Harvard Business School Press (2010) Harvard Business Review on Model Innovation.
  6. Johnson, Mark W. (2010) Seizing the White Space: Business Model Innovation for Growth and Renewal. Harvard Business Press, 978-1422124819.
  7. Other material specified by the teacher.

Special field: Entrepreneurship and innovations, networked new knowledge creation
Person responsible: Antti Paasio (antti.paasio@tse.fi)

Literature: to be specified, contact Antti Paasio

Mode of assessment An exam and an essay YRS5 Specialising course in Entrepreneurship, 6 ECTS cr

Notes Before taking this course the NMS students are required to contact first sari.stenvall@tse.fi