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Syllabus for

Academic year
TEK455 - Knowledge-based business development and management
Kunskapsbaserat affärsskapande och ledning
Syllabus adopted 2021-02-26 by Head of Programme (or corresponding)
Owner: MPBDP
7,5 Credits
Grading: TH - Pass with distinction (5), Pass with credit (4), Pass (3), Fail
Education cycle: Second-cycle
Main field of study: Industrial Engineering and Management

Teaching language: English
Application code: 07121
Open for exchange students: No
Block schedule: C
Only students with the course round in the programme plan

Module   Credit distribution   Examination dates
Sp1 Sp2 Sp3 Sp4 Summer course No Sp
0113 Laboratory 7,5 c Grading: TH   7,5 c    

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Ulf Petrusson

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General entry requirements for Master's level (second cycle)
Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.

Specific entry requirements

English 6 (or by other approved means with the equivalent proficiency level)
Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.

Course specific prerequisites

Only students who are admitted to the Entrepreneurship and Business Design program are qualified to take the course, due to the strong integration with the lab-based pedagogy of the program. Students must have passed either the course CIP061 or TEK216 in order to be qualified to take the course.


The purpose of this course is to give students both theoretical and practical capabilities in the development and management of knowledge-based business as a distinct form of business with its own unique competitive strategies and sources of competitive advantage based on distinctively different resources, capabilities, value propositions, business models, market positioning, value networks, and organizational behavior as compared to traditional, industrial-based business.

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

- Demonstrate in-depth knowledge and understanding of the role of intellectual assets in knowledge-based utilization processes based on strategy and vision.
- Explain and critically discuss relevant theoretical and practical frameworks as well models for establishing, organizing and managing knowledge-based operations.
- Give examples of how knowledge-based businesses affect and drive transformation processes in the interface between industrial and knowledge-based business creation.
- Establish and develop competitive business strategies tailored for an intellectual value chain.
- Establish and implement value- and business goals and strategies for knowledge based start-up companies, innovations and markets.
- Design and organize business activities for start-up companies with a focus on knowledge- and technology development.
- Use relevant concepts and models, as well as acquired specialized knowledge (technology-specific and other) to evaluate how intellectual assets, property and capital affect and forms the basis for value creation in a knowledge-based economy.
- Evaluate moral and ethical aspects in the implementation of tech-based innovation processes and business creation with a focus on sustainability.


The purpose of the course is to provide students with a deep theoretical and practical understanding for the constructivist elements that form the basis for utilization and value creation in tech-innovation and business creation in small sized firms. Students work continuously with theoretical models and practical perspectives on the management of intellectual assets and knowledge as resource, objects and property in tech-based business creation - a special focus is on construction, organization and value creation based on intellectual asset portfolios and knowledge-based organizational- and business models.


The course is built around a simulated company environment based on role-play pedagogy. The course includes a number of different simulations of various length and complexity, in which the students solve practical problems. Combined with the simulations, there are a number of related seminars and meetings connected to the role-play. These will provide theoretical support and feedback, together with the literature, that is needed in order to accomplish excellent results throughout the simulations.


See separate list.

Examination including compulsory elements

The teaching takes place in simulated multidisciplinary environments based on action-based learning and role-play pedagogy. By adopting various roles and stakeholder perspectives, students train to strategically manage business and operational-based challenges such as deconstruction-, design- and implementation processes. Particular focus is to train students' ability to switch between a theoretical and practical understanding in their reflections and analyzes.

The course examiner may assess individual students in other ways than what is stated above if there are special reasons for doing so, for example if a student has a decision from Chalmers on educational support due to disability.

Page manager Published: Mon 28 Nov 2016.