Introduction to entrepreneurship, creativity and innovation, circular design; Team building and effective team collaboration; New technology development, technology lifecycle, technology readiness level (TRL); Financial management of large-scale projects and new ventures, sources of financing; Protecting and securing intellectual properties (IPs); Business planning tools for a new technology and start-up; Prototyping and commercialising a new technology and mitigate market risks.
Contact hours 34
Private study hours 116
Total study hours 150
Autumn
Business Pitch (10-12 minute team presentation) – (40%)
Business Proposal (8-10 A4 Pages) – (60%)
Management of Technology – Tarek M. Khalil, McGraw-Hill Science, 1999.
Entrepreneurship and Small Business: Start-up, Growth and Maturity (4th edition) – Burns, P., Palgrave Macmillan. 2016, ISBN-13 : 978-1137430359.
Skills Development for Business and Management Students: Study and Employability – Kevin Gallagher, OUP Oxford; 2nd edition, 2013.
See the library reading list for this module (Canterbury)
On successfully completing the module students will be able to:
1. Identify the process of innovation, generating ideas and circular design for complex problems that meet a combination of needs, and how to build a team and collaborate with other team members to exploit an entrepreneurial opportunity;
2. Analyse the lifecycle of a new technology development, and how to assess technology readiness level (TRL);
3. Evaluate the financial performance of large-scale projects and apply an integrated or systems approach;
4. Develop a credible business plan and strategy roadmap for a new technology and start-up;
5. Prototype and commercialise innovations, prepare a risk management process and identify and analyse ethical concerns.
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