BA5146 APPLIED INNOVATION BASED ENTREPRENEURSHIP
| Course Code: | 3125146 |
| METU Credit (Theoretical-Laboratory hours/week): | 3 (3.00 - 0.00) |
| ECTS Credit: | 8.0 |
| Department: | Business Administration |
| Language of Instruction: | English |
| Level of Study: | Graduate |
| Course Coordinator: | Assoc.Prof.Dr. ÇAĞRI TOPAL |
| Offered Semester: | Fall and Spring Semesters. |
Course Objectives
This course will be a hands-on learning experience for students that have an innovative entrepreneurship project or are willing to join another’s project. Students will be able to:
- Develop team-based working skills.
- Identify and screen potential business ideas.
- Develop business ideas into business models.
- Know how to test assumptions contained in business models and iterate the model and product as needed.
Course Content
This course will be a hands-on learning experience for students that have an innovative entrepreneurship project or are willing to join another s project. Participants will learn to work in teams, developing an initial business model for the chosen project, and then focusing on different blocks of the business model each week in order to find supporting information or disproving the many assumptions of the business model. The weekly work will include significant time (5-10 hour/week) spent outside of the classroom interviewing/talking to relevant parties for that part of the business model. The weekly class sessions teams will present their new findings, any needed adjustments to the business model, and ideas about how to test the next block of the business model. Each team will maintain a blog with weekly updates about what they did that week and updates to their business model.
Course Learning Outcomes
Participants will learn to work in teams, developing an initial business model for the chosen project, and then focusing on different blocks of the business model each week in order to find supporting information or disproving the many assumptions of the business model.
Program Outcomes Matrix
| Level of Contribution | |||||
| # | Program Outcomes | 0 | 1 | 2 | 3 |
| 1 | They attain advanced level of knowledge in the functional areas of business administration such as strategic management, marketing, accounting, finance, organization management, human resources, and operations management. | ✔ | |||
| 2 | They are capable of synthesizing the knowledge that they attained in the area of business administration with the knowledge base that they developed in their undergraduate specialisms. | ✔ | |||
| 3 | They are capable of identifying and analyzing legal, environmental and social factors, which influence the basic functional areas of the business administration. | ✔ | |||
| 4 | They understand and implement rational, systematic and scientific approaches effectively in problem solving and decision-making processes. | ✔ | |||
| 5 | They are capable of applying, analyzing, synthesizing and evaluating the knowledge they developed in diverse fields efficiently. | ✔ | |||
| 6 | They are capable of transferring information by using efficient verbal and written communication techniques. | ✔ | |||
| 7 | They are capable of performing professional communication effectively also in English. | ✔ | |||
| 8 | They know methods of performing efficient teamwork. | ✔ | |||
| 9 | They are capable of understanding and synthesizing academic and scientific research in their areas and able to transform such research into useful knowledge. | ✔ | |||
| 10 | They have competence in all of the stages of scientific research and processes. | ✔ | |||
| 11 | They are knowledgeable in the areas of professional ethics and responsibility. | ✔ | |||
| 12 | They are capable of utilizing their knowledge and skills efficiently in global and multicultural contexts. | ✔ | |||
| 13 | They are knowledgeable in the issues of environment, social responsibility, social justice, quality and cultural values. | ✔ | |||
| 14 | They have a creative, innovative and critical perspective. | ✔ | |||
0: No Contribution 1: Little Contribution 2: Partial Contribution 3: Full Contribution