Topic outline

    • Dear Students,

      You are warmly welcome to join to the course of 21E00037 Corporate Entrepreneurship and Innovation (6 cr).

      Please, find below the all details needed.

      See you in the course.

      Yours,

      Taina

      21E00037 Corporate Entrepreneurship and Innovation (6 cr).

      Workload:
      Classroom contact hours: 30 h (10 sessions à 3h, Mondays 13.15-17 and Fridays 9.15-12)
      Project work in teams (including reading the materials):90 h
      Individual project work and case writing: 40 h
      Total 160h
      Lectures with international quest speakers, readings, presentations, individual and team projects.

      Learning outcomes:
      The purpose of the course is that you will be able to understand concepts, frameworks, and experiences that are useful in managing innovations in both startups and large organizations to become more entrepreneurial, flexible and innovative. The course examines how leaders can manage fast-changing technological innovations effectively. As an example specific topics include assessing the innovative capabilities of the firm, managing innovations, different functions and interfaces in the firm, understanding and managing technology-based entrepreneurial processes, and building distinctive competencies, competitive advantages and technological leadership and how to attract and keep innovators in the firms.

      After completing the course, you will be able to
      • identify, analyze and solve real-life business problems from multi-disciplinary perspectives and understands the importance, dimensions and forms of corporate entrepreneurship (CE),
      • apply the knowledge and skills gained during your studies to real-life business tasks and challenges to recognize the barriers that limit managers and their companies' to be entrepreneurial and to develop an understanding of the various organizational processes involved in corporate entrepreneurship,
      • work in diverse teams and understand the complexity to manage complex projects,
      • present a case report both orally and in writing, and
      • critically reflect on your learning process and outcomes.

      Content:
      The current business climate demands that companies - large or small - develop the capabilities to anticipate and respond to changes in their external environment. These changes may represent opportunities or threats for companies. Instilling entrepreneurial behavior into an organization’s practices and culture is a challenge for most established organizations - large or small. It is often assumed that large, established organizations are constrained by bureaucracy and are not as flexible and entrepreneurial as new small firms. There are, however, several examples of large companies (such as Reaktor, Sony, 3M and IBM), which have been able to create and sustain a competitive advantage by being consistently innovative and entrepreneurial.
      Changing customer needs, new technologies and agile competitors compel organizations to harness the innovative abilities, talents and passion of their employees. In this course, you will explore the foundations of corporate entrepreneurship, learn to develop, design and gather support for new initiatives, determine how to assess corporate entrepreneurship performance and propose ways to integrate innovative behavior into an organization.
      Assessment methods and criteria:
      The course consists of active participation in class, project work in multi-disciplinary teams and finally on your own case writing which focuses on issues relevant to your own learning process.
      The course will be assessed by your obligatory participation in the lectures (20%), your teams’ project work (40%) and your own case (40%) - all these written and oral.
      Course homepage: https://mycourses.aalto.fi/course/
      Study material, examples:
      Morris M., Kuratko D. Covin J.: Corporate Entrepreneurship & Innovation 3rd Edition or similar
      Grading scale: 0-5
      Registration for Courses: WebOodi
      Language: English
      Further information:
      Students in Management- and Management and International Business -programmes and Organizational Communication have priority, others in the order of registration. Due to the interactive nature of the course, 40 is considered a maximum student number.

      Corporate Entrepreneurship and Innovation (6 cr)

      Team project work: United Nations Sustainable Development Goals & Leadership
      The Sustainable Development Goals are the blueprint to achieve a better and more sustainable future for all. They address the global challenges we face, including those related to poverty, inequality, climate, environmental degradation, prosperity, and peace and justice on economical, environmental, social and cultural point of view. The Goals interconnect and in order to leave no one behind, it ís important that we achieve each goal and target by 2030.
      The UN has invited the City of Espoo to become a pioneer of sustainable development to reach the UN Sustainable Development Goals (SDG’s) by 2025. The Espoo Innovation Garden with Aalto University and VTT have a key role in this endeavour. In order to reach the SDG each SDG City will be assisted by an SDG Innovation Platform. It will bring together the academia, companies, public sector organisations, citizens / users as well as NGO’s.

      Agenda

      1. Friday 11.1.2019 9.15-12.00

      COURSE INTRODUCTION
      BUILDING BLOCKS FOR CORPORATE ENTREPRENEURSHIP & INNOVATION
      • The New Entrepreneurial Imperative & Entrepreneurial Intensity
      • The Forms of Corporate Entrepreneurship
      • Entrepreneurship and entrepreneurial mindset in all contexts

      SETTING THE STAGE:
      • CEO Peter Vesterbacka with his team
      • Prof. Taina Tukiainen

      2. Monday 14.1.2019 13.15-17.00

      CORPORATE COMMUNICATIONS
      UN SUSTAINABLE DEVELOPMENT GOALS LEADERSHIP PROGRAM INTRO

      SETTING THE STAGE:
      • CEO Roland Schatz, UNGSII FUND
      • Prof. Taina Tukiainen

      3. Friday 18.1.2019 9.15 -12

      CREATING THE ENTREPRENEURIAL ORGANIZATION
      • Entrepreneurial Organization and ’powerful’ teams
      • Entrepreneurial culture & creativity: individual and organizational perspective

      SETTING THE STAGE:
      • CEO Peter Ivanov, Virtual Power team
      • Prof. Taina Tukiainen

      4. Monday 21.1.2019 13.15-17

      CREATING THE ENTREPRENEURIAL ORGANIZATION IN PRACTICE
      • Corporate strategy and entrepreneurship
      • Developing an entrepreneurial culture

      SETTING THE STAGE:
      • CEO Miikka Rosendahl & Laura Ala, ZOAN OY
      • Timo Lappalainen & Olivia Vuorimaa, Bankify.io
      • Prof. Taina Tukiainen

      5. Monday 28.1.2019 13.15-17

      ENTREPRENEURIAL PERFORMANCE
      • Leading and managing the entrepreneurial organization and performance

      SETTING THE STAGE :
      • CEO Tuomas Koljonen, IMPERARE OY
      • Prof. Taina Tukiainen

      6. Friday 1.2.2019 9.15-12.00

      EUROPEAN POLITICS AND ENTREPRENEURSHIP & INNOVATIONS
      • Leading the Entrepreneurial Organization in the 21st Century

      SETTING THE STAGE:
      • First Vice-President Markku Markkula, European Committee of the Regions
      • Prof. Taina Tukiainen

      7. Monday 4.2.2018 13.15-17.00

      INNOVATION MANAGEMENT, FROM IDEA TO ENTREPRENEURSHIP
      • Introduction to EIT Digital, Digital Summer School and practical entrepreneurial cases

      SETTING THE SCENE
      • Prof. Marko Turpeinen, EIT DIGITAL
      • Prof. Taina Tukiainen

      8. Friday 8.2.2019 9.15-12.00

      CORPORATE GOVERNANCE
      • Introduction to Corporate Governance

      SETTING THE SCENE:
      • Prof. Morten Huse, BI & Witten-Herdecke
      • Prof. Taina Tukiainen

      9. Monday 11.2.2018 13.15-17.00

      SUMMARY: INNOVATION MANAGEMENT, FROM IDEA TO ENTREPRENEURIAL PERFORMANCE
      • The New Entrepreneurial Imperative

      FINALIZING THE PROJECT PRESENTATIONS:
      • Dr. Angelina Korsunova
      • Prof. Taina Tukiainen

      10. Friday 15.2.2019 9.15-12.00

      SUMMARY OF CORPORATE ENTREPRENEURSHIP AND INNOVATIONS

      FINAL TEAM PRESENTATIONS
      • Board feedback of proposals
      • Self -assessments

      EVALUATION TEAM & SELF-ASSESMENT:
      • Business & academic team evaluation lead by prof. Taina Tukiainen