Essentials of Innovation

(3 Credit Hours) · Undergraduate

This course serves as a foundational course for students exploring careers in entrepreneurial innovation. Students are introduced to competing models of innovation, its historical evolution, and its role as a driver of economic growth, value creation, and improvements in the human condition. The course explores the innovation mindset, key skills and capabilities associated with innovative and entrepreneurial thinking, and the processes through which new ideas are transformed into valuable products, services, and business models. Topics include anticipation of emerging opportunities, ideation and creativity for concept development, business model innovation, and evaluation of fit and feasibility, culminating in the development of innovation concepts for future development.