Welcome to the course Corporate Entrepreneurship and Innovation !
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. The lectures will start on Friday 10 January at 9.15.
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.Agenda:
Friday 10.1.2020 9.15-12.00
COURSE INTRODUCTION
BUILDING BLOCKS FOR CORPORATE ENTREPRENEURSHIP & INNOVATION
New Forms of Corporate Entrepreneurship
Entrepreneurship and Entrepreneurial Mindset
CEO Peter Vesterbacka & team
Prof. Taina Tukiainen
Monday 13.1.2020 13.15-16.00
CORPORATE ENTREPRENEUSHIP & INNOVATIONS IN SMALL, MEDIUM AND BIG FIRMS
CREATING THE ENTREPRENEURIAL ORGANISATION
Size matters: Innovation in small, medium and big firms
CEO Teemu Moisala, Futurice
Prof. Taina Tukiainen
Friday 17.1.2020 9.15 -12
ENTREPRENEURIAL ORGANIZATION & POWERFUL TEAMS
Entrepreneurial organization and ”powerful” teams
Entrepreneurial culture & creativity
Individual and organizational
CEO Peter Ivanov, Virtual Power Teams
Prof. Taina Tukiainen
Monday 20.1.2020 13.15-16
INNOVATION MANAGEMENT: FROM IDEA TO BUSINESS PLANNING
Introduction to EIT Digital, Digital Summer School and practical cases
Prof. Marko Turpeinen, EIT DIGITAL, Prof. Erkki Ormala
Prof. Taina Tukiainen
Monday 27.1.2020 13.15-16
ENTREPRENEURIAL ORGANIZATION: ROLES, RESPONSIBILITIES AND ACCOUNTABILITY
Managing the Entrepreneurial Organization and Performance Evaluation
CEO Tuomas Koljonen, IMPERARE OY
Prof. Taina Tukiainen
Friday 31.1.2020 9.15-12.00
ENTREPRENEURIAL ORGANIZATION, TEAMS AND CORPORATE GOVERNANCE
Prof. Morten Huse, BI
Prof. Taina Tukiainen
Monday 3.2.2020 13.15-16.00
EUROPEAN POLITICS: ENTREPRENEURSHIP & INNOVATIONS
First Vice-President Markku Markkula, European Committee of the Regions
Prof. Taina Tukiainen
Friday 7.2.2020 9.15-12.00
ENTREPRENEURIAL ORGANIZATION IN PRACTICE
Innovation Director Johanna Fräki, Wärtsilä
CEO Miikka Rosendahl, ZOAN Oy
Roope Moilanen, EAME
Prof. Taina Tukiainen
Monday 10.2.2020 13.15-16.00
SUSTAINABLE INVESTING & UN SDG LEADERSHIP
Director Anne-Mari Salonius, Ålandsbanken
Prof. Taina Tukiainen
Friday 14.2.2020 9.15-12.00
SUMMARY OF THE COURSE
FINAL TEAM PRESENTATIONS
Feedback & Self -assessments
Business evaluation board led by prof. Taina Tukiainen
- FileHuse: CORPORATE GOVERNANCE & ACHIEVING AND SUSTAINING ENTREPRENEURIAL PERFORMANCE FilePowerpoint 2007 presentation