Introduction to Entrepreneurship

Code:

MIET0004

Acronym:

IEMP

Keywords
Classification	Keyword
OFICIAL	Innovation Management

Instance: 2023/2024 - 1S

Active?	Yes
Responsible unit:	Department of Industrial Engineering and Management
Course/CS Responsible:	Master in Innovation and Technological Entrepreneurship

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
MIET	23	Syllabus since 2008/09	1	-	6	42	162

Teaching language

English

Objectives

The labour market has suffered profound changes in the last few years, therefore it now calls for professionals who can act with independence, autonomy, flexibility, creativity, commitment and who can collaborate. The strategic aim of this course unit is to spread an entrepreneur culture, by combining a set of technical and social skills, which are aimed to encourage the creation of new entrepreneurship or technological intra-entrepreneurship projects. Thus, this course unit aims to contribute to the development of an entrepreneur attitude and to make students look closely to subjects related to the entrepreneurship process, by training them and giving examples. 

Learning outcomes and competences

I. Understanding and analysing the entrepreneurial process and the entrepreneurs’ way of thinking, reasoning and acting.

II. Applying different methods for generating Innovative products and services (user-driven and technology push)
III. Being able to effectively interact with the Inventor and/or Research Team 

Working method

Presencial

Pre-requirements (prior knowledge) and co-requirements (common knowledge)

N/A

Program

1. What is Innovation? What is Entrepreneurship?

2. The Power of Entrepreneurship.

3. The Entrepreneurial Process and the Entrepreneurial Mind-set - Case Studies

4. Opportunity Recognition, Shaping and Reshaping: Idea Multiplication. Is your idea and Opportunity?

5. Introduction to the concept of Business Model Concept (Business Model Ontology and other models)

6. Trend-driven Innovation

7. User-driven Innovation Strategies: Design Thinking, Lean Start-up, Lead User Method

8. Practical approaches to the interaction between the entrepreneur and the Inventor/Research Team in the technology commercialization process.

9. Technology Push: The Technology-Product-Market (TPM) Methodology.

10. T-Plan Road-mapping Methodology

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
written by Alexander Osterwalder and Yves Pigneur; Business model generation. ISBN: 978-0-470-87641-1

Complementary Bibliography

O'Connell, Donal; Harvesting External Innovation : Managing External Relationships and Intellectual Property, Farnham, Surrey : Gower Pub. 2011, 2011 (Book available via EBSCOhost @ U.Porto Virtual Library : http://web.ebscohost.com/ehost/detail?vid=4&sid=3aafe1d0-9fe7-45e6-8eec-04a2578ff4cb%40sessionmgr13&hid=10&bdata=Jmxhbmc9cHQtYnImc2l0ZT1laG9zdC1saXZl#db=e000xww&AN=398231)

Teaching methods and learning activities

We will have in each lecture periods for introducing concepts, typically blocks with the duration of 30 to 45 minutes, combined with other periods of similar duration for practical exercises or case presentation/discussions to explore in-depth the discussed topics.

Evaluation Type

Distributed evaluation with final exam

Assessment Components

Designation	Weight (%)
Teste	20,00
Trabalho prático ou de projeto	80,00
Total:	100,00

Amount of time allocated to each course unit

Designation	Time (hours)
Estudo autónomo	30,00
Frequência das aulas	42,00
Trabalho de campo	45,00
Trabalho de investigação	45,00
Total:	162,00

Eligibility for exams

The attendance to the oral presentation of group assignments and presentation of an individual assignment is mandatory.

It is considered that a student meets attendance at a course if, having been duly enrolled, shall attend 75% of all foreseen classes.

Calculation formula of final grade

1) Individual Assessment



2) Team Assessment:




Nota Final = 20% * A1 + 30% * A2 + 50% * A3


Peer Assessment

Grade = 70% (Team Grade) + 30% x (Team Grade) x (Peer Rating Weight)

Examinations or Special Assignments

N/A

Internship work/project

N/A

Special assessment (TE, DA, ...)

N/A.

Classification improvement

Only applicable to the exam component (A1).
Not aplicable to the other components.

Observations

All course students will have to sign the MIETE non-disclosure agreeement.