About this course: This Innovation and Entrepreneurship course focuses on the interconnection between entrepreneurial thinking and innovation. Specifically, we look at models used in Silicon Valley to grow both start-up companies as well as innovation inside large organizations. Bringing together top Haas School of Business, UC Berkeley faculty, this course addresses critical areas for successful growth, including design thinking, open innovation, business models, product-market fit, and financing. This course will teach you how to think like an entrepreneur and provides the models, tools and frameworks to further develop your business or idea. An emphasis will be placed on the IT space. In this first part, From Basics to Open Innovation, the following areas are included: innovation and entrepreneurship basics; the Silicon Valley entrepreneurship model; the importance of failure; market analysis: how to engage with customers; and open innovation.
Who is this class for: This course is for first year Master students. Note that as a consequence, quiz questions are more exam questions where you have to construct the answer based on the principles that are taught in the web lectures, rather than to recall the literal text of the teacher.
Created by: EIT Digital
Taught by: Martin Vendel, Dr
KTH Royal Institute of Technology, Industrial Economics and Management
Taught by: Frans Nauta, Visiting scholar
UC Berkeley Haas School of Business
Taught by: Mark Coopersmith, MBA
UC Berkeley Haas School of Business
Taught by: Andrew Isaacs, Adjunct Professor
UC Berkeley Haas School of Business
| Level | Intermediate |
| Language | English |
| How To Pass | Pass all graded assignments to complete the course. |
| User Ratings |
Syllabus
WEEK 1
Course introduction
In this first out of two EIT Digital Innovation & Entrepreneurship courses given by UC Berkeley Haas School of Business you will learn the basics regarding Innovation & Entrepreneurship, Market Analysis and Customer Engagement as well as Open Innovation.
1 video
- Video: Course introduction
What is innovation and entrepreneurship?
In this module, you will get an overview of the definitions and differences between innovation and entrepreneurship and how the two work in conjunction to create dynamic startups.
5 videos
- Video: Introduction to module 1 to 3
- Video: Why do we care?
- Video: Innovation and entrepreneurship - definitions
- Video: Where does innovation come from?
- Video: How to drive innovation
Graded: Introduction and definitions
WEEK 2
Teaching entrepreneurship
In this module the question Can entrepreneurship be taught? is discussed. You will also learn about the importance and relation between the skillset, toolset and mindset of entrepreneurship.
3 videos
- Video: Can entrepreneurship be taught?
- Video: Toolset and skillset
- Video: Entrepreneurial mindset
The importance of faliure
How can failure be utilized as a resource when creating new ventures? In this module you will learn how to utilize and learn from failure in the development of new business.
3 videos
- Video: Putting failure to work
- Video: Pivoting
- Video: The failure value cycle
Graded: Leveraging failure
Graded: Teaching entrepreneurship and the importance of faliure
WEEK 3
Analyzing markets
Product-market fit is a fundamental aspect of a successful launch of both startups as well as new products and services within established companies. In this module, you will learn how to analyze markets when searching for potential segments to target.
6 videos
- Video: Introduction to Module 4 and 5
- Video: What's a startup?
- Video: Common mistakes
- Video: Market segmentation
- Video: TAM SAM SOM
- Video: Beachhead market
Graded: Market segmentation
Graded: TAM SAM SOM
Graded: Multi criteria analysis and beachhead market
Graded: Analyzing markets
WEEK 4
Engage with customers
When you have an idea about what markets to target, then the next step is try to verify the basic assumptions though customer interaction. You will in this module learn how to get the most out of such interviews and avoid common pitfalls. At the end of this module, you will have a framework for understanding customer needs, establishing market opportunity and creating a minimum viable product.
4 videos
- Video: Customer interviews - part 1
- Video: Customer interviews - part 2
- Video: Minimum viable product
- Video: Experiments
Graded: Customer interview
Graded: Minimum viable product
Graded: Engage with customers
WEEK 5
Closed vs. open innovation
Open Innovation, a term coined by Professor Hank Chesbrough, is a frequently used but little understood term. In this module, the history of open innovation and its mechanics in comparison to traditional ‘closed’ innovation is explained.
6 videos
- Video: Introduction to Module 6 to 8
- Video: Closed innovation system
- Video: Case Xerox
- Video: Open innovation
- Video: Case transistor and iPod
- Video: IP and source of innovation
Graded: Closed vs. open innovation
Graded: Closed vs. open innovation
WEEK 6
The changing landscape
When comparing open and closed innovation we also need to take the general development into account. Businesses and organizations today work under quite different conditions compared to 25 years ago. You will in this module learn what these changes are and how open innovation matches the changing needs.
3 videos
- Video: The need for open innovation
- Video: The triple helix framework
- Video: The business model and open innovation frameworks
Graded: Business model vs. technology
Open innovation at work
Implementing open Innovation demands more than a shift in culture and may be a major challenge for any organization. You will in this module learn from cases and gain an understanding of the benefits of open innovation and work with a framework for its application.
4 videos
- Video: Breaking down the fortress
- Video: The story of IBM
- Video: Open innovation culture
- Video: Open innovation companies
Graded: An open innovation culture
Graded: The changing landscape and open innovation at work
Course completion
We have now come to the final small module, in essence comprising the exam. Well done and good luck with the exam.
1 video
- Video: Course filale
Graded: Exam
FAQs
How It Works
Coursework
Each course is like an interactive textbook, featuring pre-recorded videos, quizzes and projects.
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Creators
EIT Digital
EIT Digital is a pan-European education and research-based open innovation organization founded on excellence. Its mission is to foster digital technology innovation and entrepreneurial talent for economic growth and quality of life. By linking education, research and business, EIT Digital empowers digital top talents for the future.
EIT Digital provides online "blended" Innovation and Entrepreneurship education to raise quality, increase diversity and availability of the top-level content provided by 20 reputable universities of technology around Europe. The universities all together deliver a unique blend of the best of technical excellence and entrepreneurial skills and mindset to digital engineers and entrepreneurs at all stages of their careers. The academic partners support Coursera’s bold vision to enable anyone, anywhere, to transform their lives by accessing the world’s best learning experience. This means that EIT Digital gradually shares parts of its entrepreneurial and academic education programmes to demonstrate its excellence and make it accessible to a much wider audience. EIT Digital’s online education portfolio can be used as part of blended education settings, in both Master and Doctorate programmes, and for professionals as a way to update their knowledge.
EIT Digital offers an online programme in 'Internet of Things through Embedded Systems'. Achieving all certificates of the online courses and the specialization provides an opportunity to enroll in the on campus program and get a double degree. These are the courses in the online programme:
Ratings and Reviews
Plus: Easy to ease, clear courses and explanations. Nico to have peer reviews. Possibility to follow course at own pace.
Min: Peer reviews not always possible; necessary to regularly delete cookies because incorrect data on courses
excellent course about business and startups
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NR
Hi. The experience was more interesting and useful than my expectations. thank you so much for delivering such learning facility.
It would be more great if the university's name could also be mentioned on the course certificate.
Kind Regards
Navid