COURSE UNIT TITLE

: INNOVATION MANAGEMENT AND ENTREPRENEURSHIP

Description of Individual Course Units

Course Unit Code Course Unit Title Type Of Course D U L ECTS
EMB 7023 INNOVATION MANAGEMENT AND ENTREPRENEURSHIP ELECTIVE 3 0 0 6

Offered By

Executive MBA

Level of Course Unit

Second Cycle Programmes (Master's Degree)

Course Coordinator

PROFESSOR ÖMÜR NECZAN ÖZMEN

Offered to

Executive MBA

Course Objective

The aim of this course is to define new work opportunities, prepare work plans with reference to these opportunities and investigate entrepreneurship as a process of building work plans. In addition, this course enables students to analyze innovation management along with strategic and operational viewpoints which leads to thinking at the specialist level in organizational contexts. Students are encouraged to create new ideas that cause entrepreneurial work to become commercially useful. In order to convert creative ideas into entrepreneurial work, one has to understand work environment and market, plan strategically and develop risk management skills. This
course introduces entrepreneurial work, entrepreneurial thinking, creative mindsets, seizing the opportunities, feasibility and market investigations, market and financial plans, area and capacity plans, regulative issues and risk analysis, innovation process and strategic tools. By that, students will be able to develop skills to gain analytic thinking while exploring the organizational growth and inter-personal relationship management.

Learning Outcomes of the Course Unit

1   Work in multi-disciplinary teams, applying critical thinking and problem solving skills to business dilemmas, negotiating, communicating and contributing to the development of a substantial shared project.
2   Conduct new venture feasibility studies by primary and secondary research for the business venture including appropriate assessment.
3   Prepare sound and realistic financial projections for the new ventures.
4   Discuss different ways of financing new ventures and the implications of each approach.
5   Develop insights into the legal issues relating to new ventures including selection of appropriate legal structures.
6   Provide better understanding on how organizational innovation process develop and how the organization is prepared for an organizational intervention for a change.
7   Demonstrate understanding of the application of the conceptual framework for assessing the innovative capabilities of an organization.
8   Demonstrate understanding strategic relationship between the organizational innovation and the change process for gaining competitive advantage in the market.
9   Utilize tools of innovation management to map innovation activities and its reflection to management of change in the organization

Mode of Delivery

Face -to- Face

Prerequisites and Co-requisites

None

Recomended Optional Programme Components

None

Course Contents

Week Subject Description
1 Introduction to Entrepreneurship: Entrepreneurship and business ventures in Turkey and planning in entrepreneurship
2 Legal structures and Legal issues in entrepreneurship and innovation
3 Product and service development and market research
4 Entrepreneurship skills
5 Organizational Innovation: Potentials, needs and process
6 Competitive advantage, innovation and entrepreneurship relationship
7 Midterm
8 Strategies for innovation
9 Case-study: Organizational innovation process
10 Case-study: Simulation of basic steps of new venture businesses
11 Integrating the potentials for innovation and entrepreneurship
12 Realworld examples and discussion
13 Teamwork presentations
14 Final Exam

Recomended or Required Reading

Foss, N. J., Pedersen, T., Pyndt, J. & Schultz, M. (2012). Innovating Organization and Management: New Sources of Competitive Advantage. Cambridge University Press.
Chesbrough, H. (2006). Open Business Models: How to Thrive in the New Innovation Landscape. Harvard Business School Press.
Chesbourgh, H. (2003). Open Innovation: The New Imperative for Creating and Profiting from Technology. Harvard Business School Press.
Barringer, B. R. and Ireland, D. 2010. Entrepreneurship: Successfully Launching New Ventures, 4th Edition. Prentice Hall.
Burns, Paul. 2010. Entrepreneurship and Small Business: Start-up, Growth and Maturity. 3rd Ed. Palgrave Macmillan
Hisrich, R. D., Peters, M. P. and Shepherd, D. A. 2008. Entrepreneurship, 7th ed., McGraw-Hill International Edition
Kuratko, D.F.. and Hodgetts, RM. 2009. Entrepreneurship: Theory, Process, Practice, 8th ed., South-Western.
Steyaert, C. ve Hjort, D., 2003, New Movements in Entrepreneurship, Edward Elgar Publishing.

Planned Learning Activities and Teaching Methods

1. Lectures
2. Case-studies
3. Team-work
3. Reading

Assessment Methods

SORTING NUMBER SHORT CODE LONG CODE FORMULA
1 MTE MIDTERM EXAM
2 STT TERM WORK (SEMESTER)
3 FIN FINAL EXAM
4 FCG FINAL COURSE GRADE MTE * 0.20 + STT* 0.40 + FIN* 0.40
5 RST RESIT
6 FCGR FINAL COURSE GRADE (RESIT) MTE * 0.20 + STT * 0.40 + RST* 0.40

Further Notes About Assessment Methods

None

Assessment Criteria

1. The learner will clearly define related concepts of entrepreneurship and innovation management processes.
2. The learner will identify the needs and the potential for innovation in the organizational context.
3. The learner will clearly define strategies of innovation development and change management process
4. The learner will identify and analyze the environmental conditions in order to set an innovation and change policy.
5. The learner will critically analyze challenges in innovation management and entrepreneurship.

Language of Instruction

English

Course Policies and Rules

Participation in class and preparation in advance are required.

Contact Details for the Lecturer(s)

To be announced.

Office Hours

To be announced.

Work Placement(s)

None

Workload Calculation

Activities Number Time (hours) Total Work Load (hours)
Lectures 14 3 42
Preparations before/after weekly lectures 14 2 28
Preparation for midterm exam 1 15 15
Preparation for final exam 1 20 20
Preparing assignments 2 10 20
Preparing presentations 1 10 10
Design Project 1 12 12
Final 1 2 2
Midterm 1 2 2
TOTAL WORKLOAD (hours) 151

Contribution of Learning Outcomes to Programme Outcomes

PO/LOPO.1PO.2PO.3PO.4PO.5PO.6PO.7PO.8
LO.14445
LO.234
LO.343454
LO.4443
LO.5543
LO.6334
LO.73443
LO.84444
LO.945