ME2078 Summer Course- Entrepreneurship for Engineers 4.0 credits

Sommarkurs- Entreprenörskap för ingenjörer

The summer school is part of the I&E minor and comprises 4 ECTS, which covers a two week event. This course is the follow up course to ME2072 and ME2073.

The formula of the summer school can be characterized by the following requirements:

  • students spent two weeks together and address a product development process; major part of the time is spent in project groups.
  • each summer school should have a theme linked to one of the thematic action lines; some of the lectures should give background on the thematic area.
  • there should be plenty opportunity of interaction between students but also with other stakeholders such as companies, business consultants, market research experts, technology experts, users, etc.
  • Education cycle

    Second cycle
  • Main field of study

    Industrial Management
  • Grading scale

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

Course offerings

Spring 18 for programme students

Intended learning outcomes

The summer school is part of the E&I minor of the ICT Innovation Masters Program and follows the ME2073 Business Development Lab module and so the learning outcome of the BDL should be a pre-requisite for the summer school:

  • Understanding the process of Business Model Generation, and  knowing how to define and analyze the nine building blocks (customer segments, customer relations, channels, value proposition, key activities, key resources, key partners, cost structure and revenue streams).

The summer school adds the following learning outcomes:

  • The ability to perform a business development process in the context of a societal relevant thematic area (such as Health and Wellbeing) and understanding how technology and innovation interact with all stakeholders (competitors, alliances, networks, markets, etc.)
  • Understanding usability, business life-cycles, market segments, global/market trends, and recognizing their relative importance for product and service development.
  • The ability to transform new innovations into viable business solutions on the commercial market, combined with decision-making and leadership competencies.
  • The ability to reflect upon ethical, societal, scientific and sustainability considerations when developing new products/technologies and business models.

The summer school is less on “research” but more on technical “innovation and entrepreneurship”.

Course main content

This course is the follow up course to ME2072 and ME2073. The structure of the program for the thematic event consists of:

  • Conceptual phase:  introduction to thematic topic and learn to know each other, case selection, project teams, first discussions. 
  • Ideation phase design of a product/service supported with business model generation workshops and user-centered design techniques, usability, ethical issues.
  • Business phase (elaboration of business model, branding, market structure, venture process and finance, pitch training (with video recording, etc.)

Lecture sessions will be as interactive as possible.

The teamwork process will be coached by experienced business coaches/staff. Coaches can be

  • Entrepreneurs and researchers in the thematic field
  • Business coaches
  • Serial entrepreneurs

Eligibility

Internationally recognized Bachelor’s degree- i Electrical/Electronic Engineering, Computer Science, Computer Engineering, Computer Science or Information Technology, including at least 60 higher education credits, courses in computer science, basic digital and analog electronic, basic control engineering, computer system/computer architecture and programming, and at least 30 higher education creditsin mathematics, including calculus, linear algebra and mathematical statistics.

Recommended prerequisites

This course is the follow up course to ME2072 and ME2073.

Literature

Will be announced in the course PM.

Examination

  • INL1 - Assignments, 1.0, grading scale: A, B, C, D, E, FX, F
  • INL2 - Written Report, 3.0, grading scale: A, B, C, D, E, FX, F

Offered by

ITM/Industrial Economics and Management

Contact

Terrence Brown, 08-790 61 99

Examiner

Terrence Brown <terrence@kth.se>

Version

Course syllabus valid from: Spring 2017.
Examination information valid from: Spring 2013.