NIFK14026U Entrepreneurship and Innovation
MSc Programme in Agricultural Economics
MSc Programme in Agriculture
MSc Programme in Climate Change
MSc Programme in Environmental and Natural Resource Economics
MSc Programme in Environmental Science
MSc Programme in Food Innovation and Health
MSc Programme in Human Nutrition
MSc Programme in Molecular Biomedicine
A growing need for innovative solutions and start-ups has
shifted entrepreneurship and innovation management from a mere
business school agenda to career options and demanded competencies
across academic disciplines. This course is specifically designed
for non-business students who want to find out more about idea
development and start-up processes in new ventures. It is also
relevant for students who want to be better prepared for the
non-technical aspects of innovation processes in existing firms.
The course introduces students with little or no background in
business studies to theories and tools for entrepreneurship and
innovation management that can assist them in idea development and
realization. To combine the process with their “own world” students
will build venture teams and develop their own venture idea that
addresses a challenge connected to their fields of study. In
particular, students will be encouraged to pay attention to
unresolved problems and new opportunities in their academic
environments in order to find inspiration for the development of a
business idea. Business ideas are not limited to new products or
new for-profit ventures, but may include any type of innovation in
a new or existing for- or non-profit setting. The ideas will be
developed based on collaboration with relevant enterprises and
stakeholders, such as student incubators and entrepreneurship
At the beginning of the course, a team formation process will be initiated. Based on their interests and competences, students will join venture teams consisting of approximately 5 students, ideally reflecting a diversity of disciplines. The course itself will then include theory input and insights from practitioners, but will have a strong focus on team project work and feedback sessions. Theory sessions will include an introduction to A) innovation theories and innovation management tools that can be applied in new ventures or existing organizations (e.g., creativity techniques, innovation process models, design thinking, business modelling), B) classic and new entrepreneurship theories (opportunity discovery and creation), as well as C) a variety of toolboxes for entrepreneurs. In project work sessions students will need to work in their “venture teams” and apply these theories and tools to develop venture ideas through group work, in-class exercises, and interaction with stakeholders.
An entrepreneurial mindset and the ability to manage and support
innovation processes under conditions of uncertainty and
distributed knowledge is essential to new venture creation, but has
also become a key competence in existing private and public sector
organizations. The purpose of the course is to provide non-business
students interested in developing their own ventures or in
entrepreneurial and innovation processes with a basic set of
theories and roadmaps of possible actions and tools they can use to
engage in new ventures or innovation teams. Moreover, the course is
designed to stimulate entrepreneurial and innovative activities
within and outside university and in different business and
non-business future employment situations, including work in
cross-disciplinary and cross-institutional set-ups. The course aims
to create awareness for an entrepreneurial and innovative mindset
in the students’ specific area through a focus on the
interdisciplinary and team-based application of theories and tools
in the context of their own and their team members’ academic
experience. The final outcome is that students will be able to
build on the knowledge and teamwork experiences from the course
during their entrepreneurial career, and in further graduate
courses on specific topics within innovation, entrepreneurship, and
On completion of the course the student will be able to:
Show an overview of theories and concepts in entrepreneurship and innovation management, including entrepreneurial and innovation processes, design thinking, business modelling, and business planning
Describe the characteristics of entrepreneurs and entrepreneurship
Classify different types of innovation (e.g. product, process, organizational)
List and describe creativity and business development tools.
Work with entrepreneurship and innovation processes in relation to their fields of study
Communicate ideas to stakeholders including team members, investors, customers, and other potential partners
Give and receive feedback for idea development
Use creativity and business development tools in team settings.
Apply the theoretical foundations and the approaches learned in the course to engage in entrepreneurial activities in new or existing private firms, public organizations (including universities), or NGOs
Understand the role of design thinking, planning, control, stakeholders, goals, and resources in entrepreneurship and innovation processes
Independently identify and approach stakeholders necessary for the realization of business ideas
Manage creativity and business idea development processes in interdisciplinary settings.
Osterwalder, A. and Pigneur Y. (2010) Business Model Generation. Wiley, New Jersey.
Academic qualifications equivalent to a BSc degree is recommended.
- Theory exercises
- Practical exercises
- Project work
- 7,5 ECTS
- Type of assessment
- Oral examination, 20 minOral examination in relating a selected entrepreneurship and innovation topic to the curriculum and the course project.
No time for preparation.
- Exam registration requirements
The student must submit and have approved a project report outlining a business plan. The project report is intended to be based on group work.
- Without aids
- Marking scale
- 7-point grading scale
- Censorship form
- No external censorship
two internal examiners
Same as ordinary exam. If the student has not handed in the project report, then it must be handed in individually two weeks prior to the re-exam. It must be approved before the exam.
Criteria for exam assesment
Students' ability to display gained knowledge, skills, and competences (see learning outcomes) with particular emphasis on students' ability to relate theories and concepts in the curriculum to the course project work.