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* Retrieved from Course syllabus ME2815 (Autumn 2019–)

Content and learning outcomes

Course contents

Business Model Innovation” takes a practical approach to understanding, designing, and testing business models. It includes analyzing existing business models, developing a business model for a new startup venture, and testing business model building block.The course offers you the opportunity to develop a unique skill set that has helped many leading entrepreneurs and enterprises. Business model innovation is at the center of value creation and many leading companies and social ventures owe much of their success to business model innovation.

This Business Model Innovation course covers:

  • Business model history and significance
  • Business model canvas development and refinement
  • Customer development process
  • Lean startup methodology
  • Financial drivers of business models

Intended learning outcomes

Upon completing the course, students should be able to:

  1. Explain the importance of business models to value creation and new venture success in today’s economy
  2. Compare, and critically examine different business model frameworks
  3. Analyze and critically evaluate business models used by actual ventures 
  4. Construct and present a business model for an innovative and viable new venture
  5. Design and conduct tests for different business model building blocks, iterating based on market feedback and test results

Course Disposition

No information inserted

Literature and preparations

Specific prerequisites

Achieved the requirements for a Bachelor's degree

Recommended prerequisites

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Examination and completion

If the course is discontinued, students may request to be examined during the following two academic years.

Grading scale

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


  • PRO2 - Project, individual, 4,0 hp, betygsskala: A, B, C, D, E, FX, F
  • PRO3 - Project, group, 3,5 hp, betygsskala: A, B, C, D, E, FX, F

Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.

The examiner may apply another examination format when re-examining individual students.

Compulsory attendance

Opportunity to complete the requirements via supplementary examination

No information inserted

Opportunity to raise an approved grade via renewed examination

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Profile picture Terrence Brown

Ethical approach

  • All members of a group are responsible for the group's work.
  • In any assessment, every student shall honestly disclose any help received and sources used.
  • In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.

Further information

Course web

Further information about the course can be found on the Course web at the link below. Information on the Course web will later be moved to this site.

Course web ME2815

Offered by

ITM/Industrial Economics and Management

Main field of study

Industrial Management

Education cycle

Second cycle

Add-on studies

No information inserted


Supplementary information

Queries can be addressed to SSES Education coordinator via

Replaces ME2813

The course language is English.

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

Responsible institution: Royal Institute of Technology (KTH).