ME2073 Business Development Lab of Entrepreneurship Engineers 9.0 credits

Affärsutvecklingslabb

The Business Development Lab is the complementary course to ME2072 entrepreneurship for Engineers. The Development Lab course is mainly concentrated on project work throughout phased of Business Plan creation. This project work is supported by coaches. In addition the Business Development labs contain applied lectures from academic and practitioners. Towards the end of the course the students are trained to present their Business Plans. The course ends with a Business Plan pitch.

It starts with a winter school. Within this winter school the students get familiar with business ethics and are grouped into teams. The teams are multidisciplinary in nature also containing students from other disciplines (according to availability at the different nodes). While winter school the students also choose an entrepreneurial idea/challenge/problem either brought in from the students themselves or indicated by academics or business partners.

  • Education cycle

    Second cycle
  • Main field of study

    Industrial Management
  • Grading scale

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

Course offerings

Spring 19 for programme students

Intended learning outcomes

  • The ability to successfully apply the learned knowledge for development of a new product or business concept
  • The ability to systematically explore and create ideas or modify existing ideas for business solutions
  • The ability to systematically explore diverse obstacles in transforming a technology into a business
  • In dept understanding of the different phases of a business development process
  • The ability to transforming new ideas into business solutions on the commercial market, combined with decision-making and leadership competencies
  • The ability to work in multi-disciplinary teams
  • The ability to reflect upon ethical and team proceses

Course main content

Business plan development in phases -

  1. idea recognition
  2. concept design
  3. Business Plan conceptualization
  4. Business Plan presentation, Apppliation of subjecs from basics supplemented with business ethics, IP Management, and market research.

Disposition

The Business Development labs start with a winter school. Within this winter school the students get familar with business ethics and are grouped into teams. The teams are mulitidisciplinary in nature also containing students from other disciplines (according to availability at the different nodes). While winter school the students also choose an entrepreneurial idea/challenge/problem either brought in from the students themselves or indicated by academics or business partners.

The Business Development labs are mainly concentrated on project work throughtout phased of Business Plan creation. This project work is supported by coaches.Iin addition the Business Development labs contain applied lectures from academics and practitioners. Towards the end of the course the students are trained to present their Business Plans. The course ends with a Business Plan pitch.

Eligibility

Internationally recognized Bachelor's degree - in Electrical/Electronic Engineering, Computer Science, Computer Engineering, Computer Science or Information Technology or approve related fields AND Entrepreneruship for ICT Engineers (or equivalent).

Literature

Examination

  • PRO1 - Project, 9.0, grading scale: A, B, C, D, E, FX, F

Peer evalutation of BP Presentation (25%) and expert evaluation BP Presentation (25%) - Evaluation BP (50%).

Offered by

ITM/Industrial Economics and Management

Contact

Terrence Brown, 08-790 61 99

Examiner

Terrence Brown <terrence@kth.se>

Supplementary information

Note: Places are limited of the course.

Version

Course syllabus valid from: Autumn 2012.
Examination information valid from: Spring 2014.