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University of Maryland - Developing Innovative Ideas for New Companies: The First Step in Entrepreneurship 

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Developing Innovative Ideas for New Companies: The First Step in Entrepreneurship
 at 
Coursera 
Overview

Duration

8 hours

Start from

Start Now

Total fee

Free

Mode of learning

Online

Official Website

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Credential

Certificate

Developing Innovative Ideas for New Companies: The First Step in Entrepreneurship
 at 
Coursera 
Highlights

  • Shareable Certificate Earn a Certificate upon completion
  • 100% online Start instantly and learn at your own schedule.
  • Course 1 of 4 in the Entrepreneurship: Launching an Innovative Business Specialization
  • Flexible deadlines Reset deadlines in accordance to your schedule.
  • Approx. 8 hours to complete
  • English Subtitles: Arabic, French, Portuguese (European), Chinese (Simplified), Italian, Portuguese (Brazilian), Vietnamese, German, Russian, English, Spanish
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Details Icon

Developing Innovative Ideas for New Companies: The First Step in Entrepreneurship
 at 
Coursera 
Course details

More about this course
  • This course assists aspiring and active entrepreneurs in developing great ideas into great companies. With strong economies presenting rich opportunities for new venture creation, and challenging economic times presenting the necessity for many to make their own job, the need to develop the skills to develop and act on innovative business opportunities is increasingly vital.
  • Using proven content, methods, and models for new venture opportunity assessment and analysis, you will learn how to:
  • * Identify and analyze entrepreneurial opportunities;
  • * Enhance your entrepreneurial mindset;
  • * Improve your strategic decision-making; and
  • * Build innovative business models.
  • Our goal is to demystify the startup process, and to help you build the skills to identify and act on innovative opportunities now, and in the future.
  • With this course, students experience a sampling of the ideas and techniques explored in the University of Maryland's master's degree in technology entrepreneurship, an innovative, 100% online program. Learn more at http://mte.umd.edu/landing.
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Developing Innovative Ideas for New Companies: The First Step in Entrepreneurship
 at 
Coursera 
Curriculum

Introduction to Innovation and Entrepreneurship

Preview of the Course

Introduction to the course

What is entrepreneurship?

Who is an entrepreneur?

Entrepreneurship, creativity, & innovation

The world's most innovative companies

Types of innovation

Entrepreneurs and strategic decisions

The opportunity analysis canvas

Welcome to Developing Innovative Ideas for New Companies

Meet Dr. James V. Green

Connect with your Classmates

Earn a Degree Online in Entrepreneurship and Innovation

Our book for the course

Reading: The Opportunity Analysis Canvas

Slides

"The Innovator's Dilemma" by Clayton Christensen

"Out of Our Minds: Learning to be Creative" by Ken Robinson

Entrepreneurial perspective

Entrepreneurial Mindset, Motivations, and Behaviors

Introduction to entrepreneurial mindset, motivations, and behaviors

Entrepreneurial mindset

Guest Lecture with Alexa von Tobel, Founder and CEO of LearnVest.com

Entrepreneurial motivations

Guest Lecture with Penny Pritzker, U.S. Secretary of Commerce Penny Pritzker - How did you decide to become an entrepreneur?

Entrepreneurial behaviors

Risk taking in entrepreneurial decision-making

Risk, uncertainty, and stakeholder involvement

Reading: The Opportunity Analysis Canvas

Slides

The Entrepreneurial Mindset: Strategies for Continuously Creating Opportunity in an Age of Uncertainty by Rita Gunther McGrath and Ian MacMillan

Entrepreneurial mindset, motivations, and behaviors

Industry Understanding

Introduction to industry understanding

Knowledge conditions

Demand conditions

Industry lifecycle

Industry structure

Competitive advantage

Learning curve

Complementary assets

Reputation effects

Reading: The Opportunity Analysis Canvas

Slides

"The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It" by Michael E. Gerber

Industry analysis

Customer Understanding and Business Modeling

Introduction to customer understanding

Macro changes that increase new venture opportunities

Guest Lecture with U.S. Secretary of Commerce Penny Pritzker - How Can Government and Entrepreneurs Work Together?

Guest Lecture with U.S. Secretary of Commerce Penny Pritzker - Why Is Skills Training and Development Important For Entrepreneurs and Government?

Exploring real market needs

Satisfying real market needs

Strategic positioning

Strategic planning

Value innovation

Opportunity identification

Bonus Lecture: Business Models from the Classroom

Reading: The Opportunity Analysis Canvas

Slides

"The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses" by Eric Ries

"Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers" by Alexander Osterwalder and Yves Pigneur

"Blue Ocean Strategy: How to Create Uncontested Market Space and Make Competition Irrelevant" by W. Chan Kim and Renee Mauborgne

Earn a Degree Online in Entrepreneurship and Innovation

Customer analysis

Business plan evaluation

Developing Innovative Ideas for New Companies: The First Step in Entrepreneurship
 at 
Coursera 
Admission Process

    Important Dates

    May 25, 2024
    Course Commencement Date

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