Entrepreneurship and Innovation

Code:

EBE0197

Acronym:

EMPIN

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2020/2021 - 1S

Active?	Yes
Web Page:	http://paginas.fe.up.pt/~jjpf/INOV_e_EMP/
Responsible unit:	Department of Industrial Engineering and Management
Course/CS Responsible:	Master in Bioengineering

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
MIB	23	Syllabus	5	-	6	42	162
MIEQ	39	Syllabus	5	-	6	42	162

Teaching language

English

Objectives

The objective of this course is to provide students with the essential tools for exploration, refinement, evaluation and implementation of new businesses.

Learning outcomes and competences

National Content Standards for Entrepreneurship Education (NCSEE) Skill Reference: http://www.entre-ed.org/Standards_Toolkit

Levels: BASICS, COMPETENCY AWARENESS and CREATIVE APPLICATIONS of the following Standards
A Entrepreneurial Processes
B Entrepreneurial Traits/Behaviors
L Marketing Management
M Operations Management
O Strategic Management
Levels: BASICS, COMPETENCY AWARENESS
C Business Foundations
F Economics (concepts review)
N Risk Management
Levels: BASICS, COMPETENCY AWARENESS, CREATIVE APPLICATIONS, STARTUP
D Communications and Interpersonal Skills
E Digital Skills

Working method

Presencial

Program

1 - Presentation of the Course, Motivation. Setup of the Teams.
2 - Innovation and Entrepreneurship. The process of entrepreneurship (Timmons Model). Malincho Case.
3 - Is Your Idea an Opportunity?
4 - Market Sizing and Quantification. Business Plan Introduction.
5 - The Opportunity. The recognition and its shaping and reshaping. Jim Poss Case.
6 - Value Proposition. Value Curve.
7 - Understand the Business Model & Strategy.
8 - Marketing for Entrepreneurs.
9 - The Founding Team. Intellectual Property.
10 - Review of Business Plan Financials.

Mandatory literature

William Bygrave, Andrew Zacharakis; Entrepreneurship. ISBN: 978-0-471-75545-6
Jeffry A. Timmons and Stephen Spinelli; New venture creation. ISBN: 978-007-127632-0

Teaching methods and learning activities

Practical tutorial classes. Analysis of case studies. Teamwork follow-up and monitoring.

Evaluation Type

Distributed evaluation with final exam

Assessment Components

Designation	Weight (%)
Exame	20,00
Trabalho de campo	55,00
Trabalho escrito	25,00
Total:	100,00

Amount of time allocated to each course unit

Designation	Time (hours)
Elaboração de relatório/dissertação/tese	30,00
Estudo autónomo	40,00
Frequência das aulas	42,00
Trabalho de campo	50,00
Total:	162,00

Eligibility for exams

General rules of assessment, Article 4. Distributed evaluation with a minimum grade of 40%.

Calculation formula of final grade

1. Presentation and defense of business idea: 10%
2. Presentation and defense of market sizing: 20%
3. Business Plan Final [50%] + Business Plan Presentation and Discussion [50%] (10min): 50%
4. Written exam: 20%

Obs.: 30% of the evaluation components 1, 2 and 3 will be weighted using the "Peer-Assessment" excluding the best and worst grading.

Examinations or Special Assignments

N/A.

Special assessment (TE, DA, ...)

The assessment will be conducted in special period based on a final exam (40%) and delivery of a assigment (60%). The assigment will be the development of a business plan, to be presented orally and in written form. This aims at assessing student mastery of the standards defined in section "Goals, Skills and Learning Outcomes."

Classification improvement

The assessment will be conducted in special period based on a final exam (40%) and delivery of a assigment (60%). The assigment will be the development of a business plan, to be presented orally and in written form. This aims at assessing student mastery of the standards defined in section "Goals, Skills and Learning Outcomes."

Observations

The Student groups of this course will be invited to participate in the Graduate Programme of Junior Achievement (vive.up.pt) with work done during the semester.