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Syllabus for

Academic year
TEK216 - Idea evaluation
 
Syllabus adopted 2015-02-18 by Head of Programme (or corresponding)
Owner: MPBDP
7,5 Credits
Grading: TH - Five, Four, Three, Not passed
Education cycle: Second-cycle
Major subject: Industrial Engineering and Management
Department: 45 - TECHNOLOGY MANAGEMENT AND ECONOMICS

The course is closed for further enrolments
Teaching language: English
Block schedule: B
Maximum participants: 35

Course module   Credit distribution   Examination dates
Sp1 Sp2 Sp3 Sp4 Summer course No Sp
0112 Examination 4,5c Grading: TH   4,5c   17 Mar 2016 am M,  04 Apr 2016 pm M,  18 Aug 2016 am M
0212 Laboratory 3,0c Grading: TH   3,0c    

In programs

MPBDP ENTREPRENEURSHIP AND BUSINESS DESIGN, MSC PROGR, Year 1 (elective)
MPMEI MANAGEMENT AND ECONOMICS OF INNOVATION, MSC PROGR, Year 1 (elective)
MPMEI MANAGEMENT AND ECONOMICS OF INNOVATION, MSC PROGR, Year 2 (compulsory elective)
MPSCM SUPPLY CHAIN MANAGEMENT, MSC PROGR, Year 1 (elective)
MPSCM SUPPLY CHAIN MANAGEMENT, MSC PROGR, Year 2 (elective)

Examiner:

Docent  Karen Williams Middleton


Replaces

TEK215   Idea evaluation and feasibility studies


  Go to Course Homepage

Eligibility:


In order to be eligible for a second cycle course the applicant needs to fulfil the general and specific entry requirements of the programme that owns the course. (If the second cycle course is owned by a first cycle programme, second cycle entry requirements apply.)
Exemption from the eligibility requirement: Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling these requirements.

Course specific prerequisites

The Idea Evaluation course constitutes a part of the Entrepreneurship and Business Design Programme.

Students who are admitted to the Entrepreneurship and Business Design program are given prioritized placement in the course due to program requirements, including strong integration with the laboratory-based pedagogy.

Students from other programmes are qualified for the course if they are eligible for registering for elective courses at Chalmers University of Technology in year 4 (fourth grade), and prior to the course have taken courses in business development, marketing, intellectual property management or other courses that can be considered to be equivalent by the examiner.

Aim

The aim of the course is to allow students to be skilled in carrying out idea evaluations of early-stage ideas as well as become knowledgeable of the critical role that idea evaluations play for economic, environmental and social sustainable development.

Learning outcomes (after completion of the course the student should be able to)

- Demonstrate knowledge and terminology about idea evaluation methodology
- Develop demonstrated skills in describing and analyzing an idea as regards e.g. freedom to operate and novelty, through the use of patent databases and other means
- Develop demonstrated skills in determining value visions around future areas of use, including customer, societal, business utility, market potential, etc
- Develop demonstrated skills in formulating needs for further verification, including risk analysis and competence requirements
- Demonstrate ability to elaborate upon ethical as well as sustainable development aspects of idea evaluations, including how to relate professionally to different stakeholders in the idea evaluation process, such as idea providers, in the role of consultant/analyst
- Demonstrate ability to teamwork while synthesizing and integrating various sources of knowledge into relevant presentable written and oral formats
- Develop demonstrated skills in communication and presentation of idea feasibility including scientific communication.

Content

The course is structured around the components of the idea evaluation process with a special emphasis on the issue of sustainable development through realizing new ideas. Themes dealt with include the following:

- Framework for idea evaluation
- Dealing with team dynamics and the role of consultant/analyst
- Sustainable development
- Patent analysis
- Risk analysis and competence requirements
- Market analysis and market potential
- Scenario planning, backcasting and other forms of temporal analysis
- Verification and financing

Organisation

The course is centered around half-day workshops and group assignments. Students are expected to work independently in their groups with their idea evaluation assignments while utilizing the workshops as opportunities to ask questions and anchor their understanding. Since most of the idea evaluations are real-life early stage ideas from public or private R&D, a large emphasis is on supporting the teams in handling the idea evaluation in relation to the idea provider.

Literature

Alänge, Sverker and Lundqvist, Mats, (Eds.), Sustainable Business Development - Frameworks for Idea Evaluations and Cases of Realized Ideas, Chalmers University Press, The book is downloadable as pdf for free.

Additional articles presented in connection with course start.

Examination

Students are graded on participation on mandatory scheduled lectures, through a written exam, and on presentation of idea evaluation.


Page manager Published: Mon 28 Nov 2016.