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Blekinge Institute of Technology
Department of Industrial Economics
Revision: 2
Reg.no: BTH-4.1.14-0284-2025
Course syllabus
Technology venture 1: Innovation and Business Development
Technology venture 1: Innovation and Business Development
6 credits (6 högskolepoäng)
Course code: IY2649
Main field of study: Industrial Economics and Management
Disciplinary domain: Technology
Education level: Second-cycle
Specialization: A1N - Second cycle, has only first-cycle course/s as entry requirements
Language of instruction: English
Applies from: 2025-04-11
Approved: 2025-04-11
1. Descision
This course is established by Dean 2023-05-23. The course syllabus is approved by Head of Department of Industrial Economics 2025-04-11 and applies from 2025-04-11.
2. Entry requirements
Admission to the course requires completed courses of at least 90 credits in a technical area. English 6.
3. Objective and content
3.1 Objective
The course aims to develop students’ understanding of the fundamental concepts, perspectives, and processes of entrepreneurship and innovation as the main drivers for developing new businesses. The course also aims to develop the students’ knowledge of models and methods used in connection with concept and business development, including business models and visualization methods. A further aim is for the student to strengthen the ability to develop, communicate, and continuously evaluate and test a concrete technology-based value proposition.
3.2 Content
This course explores the entrepreneurial approach and the concepts of creativity and innovation. It deals with the necessary techniques and tools to effectively implement the entrepreneurial process. Throughout the course, the following topics are covered:
- Core concepts and perspectives of technological innovation and entrepreneurship.
- Failure as a crucial stepping stone towards success and ways to address and manage business failures effectively.
- Tools and techniques that facilitate the entrepreneurial process and support innovative business development.
- Business models as the primary roadmap for designing, developing, and implementing technological ideas.
- Customers and their needs as an important step toward creating a successful innovative business.
- The process of developing a feasible solution that creates and delivers value.
- Crucial aspects and methods for ensuring business viability.
4. Learning outcomes
The following learning outcomes are examined in the course:
4.1. Knowledge and understanding
On completion of the course, the student will be able to:
- define fundamental concepts of entrepreneurship and innovation
- explain and categorize major types of technological innovation
- portray the entrepreneurial approach as a philosophy and a driving force behind innovation
- elaborate on business failure and distinguish it from pivoting, a key concept in entrepreneurship
- identify and explain the various components of the business model, including the market, operation, and revenue models.
4.2. Competence and skills
On completion of the course, the student will be able to:
- adopt an entrepreneurial mindset to discover innovative solutions for their problems
- identify and utilize essential tools, models, and techniques for designing, planning, and implementing technological innovation
- design and implement a market model to analyze customer needs and deliver appropriate value
- design and implement an operational model to propose a feasible solution
- design and implement a functioning revenue model to establish a viable business
4.3. Judgement and approach
On completion of the course, the student will be able to:
- critically assess the business models developed for new business ideas, identifying their strengths and weaknesses while proposing suggestions for improvement
- assess the company culture in existing businesses to determine if they have fully adopted the entrepreneurial mindset and assist them in planning for implementation.
5. Learning activities
Teaching consists of lectures, seminars, and workshops discussing case studies and relevant scientific literature. During the course, students will work in groups to define an entrepreneurial project. The project will be progressively completed as students learn about the entrepreneurial process and various aspects of the business model.
6. Assessment and grading
Modes of examinations of the course
| Code | Module | Credit | Grade |
| 2510 | Workshop | 2 credits | GU |
| 2520 | Presentation | 1 credits | GU |
| 2530 | Project Assignment | 3 credits | AF |
The course will be graded A Excellent, B Very good, C Good, D Satisfactory, E Sufficient, FX Failed result, a little more work required, F Fail.
The examiner may carry out oral follow-up of written examinations.
The information before the start of the course states the assessment criteria and make explicit in which modes of examination that the learning outcomes are assessed.
An examiner can, after consulting the Disability Advisor at BTH, decide on a customized examination form for a student with a long-term disability to be provided with an examination equivalent to one given to a student who is not disabled.
7. Course evaluation
The course evaluation should be carried out in line with BTH:s course evaluation template and process.
8. Restrictions regarding degree
The course can form part of a degree but not together with another course the content of which completely or partly corresponds with the contents of this course.
9. Course literature and other materials of instruction
- Heidi M. Neck; Christopher P. Neck; Emma L. Murray, “Entrepreneurship: The Practice and Mindset (Latest Edition”, Sage Publication, Inc.
- Melissa Schilling, "ISE Strategic Management of Technological Innovation (Latest Edition)", McGraw-Hill Education
- Scientific articles and other written material of a maximum of 200 pages.