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ME2806 From Science to Business 7.5 credits

From Science to Business

The course deals with the development and managment of biotechnology businesses, with focus on commercialising discoverties and inventions. The course consists of seminars based on practice and theory of the different stages of business development as well as a group-project presented in writing and orally.

  • Educational level

    Second cycle

  • Academic level (A-D)

    C

  • Subject area

    Industrial Management

  • Grade scale

    A, B, C, D, E, FX, F

Course offerings

Spring 13 for programme students

  • Periods

    Spring 13 P4 (7.5 credits)

  • Application code

    60614

  • Start date

    2013 week: 12

  • End date

    2013 week: 22

  • Language of instruction

    English

  • Campus

    -

  • Number of lectures

  • Number of exercises

  • Tutoring time

    Evenings

  • Form of study

    Normal

  • Number of places *

    5 - 60

    *) The Course date may be cancelled if number of admitted are less than minimum of places. If there are more applicants than number of places selection will be made.

  • Schedule

    Schedule (new window)

  • Course responsible

    Terrence Brown <terrence@kth.se>

  • Teacher

    Carl Johan Sundberg, carl.j.sundberg@ki.se

  • Target group

    Recommended for TMBIM study year 1

    Elective for all programmes

  • Part of programme

Learning outcomes

The learning outcomes for the course can be subdivided into two broad areas; i) Biotech business including finance, stategy, law and regulations and ii) Entrepreneurship and innovation.

Biotech business

  • express understanding for the field of biotechnology business
  • understand and demonstrate iknowledge of the development and management of biotechnology businesses
  • argue for advantages and disadvantages with public and private financing of early stage companies
  • communicate basics in strategy and tools for science based companies (business plan, collaboration between large and small companies, corporate intelligence, role of boards, human resource management etc)
  • demonstrate theoretical knowledge within the overall legal and regulatory framework for science based businesses (EU and US corporate law, patenting law, regulatory authorities)
  • integrate knowledge of key skill-sets for early-stage entrepreneurship and handle complexity within areas such as market and IP analysis, target product profile, business plan and budgeting.

Entrepreneurship and innovation

  • understand and demonstrate how discoveries and inventions are commercialized
  • analyse, clearly communicate and discuss the context of entrepreneurship with both a specialist and non-specialist audience
  • analyse and clearly communicate and discuss the context of entrepreneurship to both a specialist and non-specialist audience
  • apply their understanding and knowledge of the basics of innovation and entrepreneurship in a boarder context and relate to their own field of study
  • use their new skills and continue to independently learn more about the area of innovation and entrepreneurship
  • demonstrate understanding in the theory of clusters of innovation
  • express inowledge for the universities role in the innovation system.

Course main content

In the seminars students meet practitioners and researchers with a Swedish and international background. The practitioners present specific experiences from starting and running knowledge intensive young businesses or from the financial, legal, political or corporate strategy fields. The broad picture is given by researchers in sociology or business administration with an insigth in academic discoveries, start-up companies, venture capita, business expansion and selling of companies.

In the group-project and case studies students from different schools will work together on topic of their choice from one of the main areas of the course.

The course is divided into four components:

  1. Innovation and entrepreneurship
  2. Law and regulations
  3. Finance
  4. Strategy

Disposition

A combination of guest speakers with theoretical and real-life experiences of starting, running and developing science based companies. Interactive seminars with focus on discussions on the different topics combined with actual use of the provided knowledge.

Eligibility

Programme students at KTH must have a minimum of 120 ECTS.

For all other student 180 hp is requiered as well as English A + B, or equivalent.

Prerequisites

Programme students at KTH must have a minimum of 120 ECTS.

For all other student 180 hp is requiered as well as English A + B, or equivalent.

Literature

Study material made available during the course form the principal reference material and provides the basis for the examination. The student will also retrieve web-based information.

Examination

  • PRO1 - Project, 7.5 credits, grade scale: A, B, C, D, E, FX, F

Requirements for final grade

Group-thesis, case assignment and oral presentations.

There is compulsory attendance in the seminars, case work and presentations. Failure to atttend obligatory parts of the course may be compensated for by completion of assignments, decided on in agreement with the course leadership and judged on a case-to-case basis.

Offered by

ITM/Industrial Economics and Management

Contact

Lisa Thorén-Forsanker, lisa.thoren@sses.se

Examiner

Terrence Brown <terrence@kth.se>

Supplementary information

All registration queries should be addressed to the SSES Education Registrat at registrar@sses.se.

The course is offered within the framework of The Stockholm School of Entrepreneurship.

Responsible institution: Karolinska Institute
C700, Institutionen för Lärande, Informatik, Management och Etik

Ersätter 4D1534.

Version

Course plan valid from: Spring 12.
Examination information valid from: Autumn 07.