Innovation and Entrepreneurship (10cr)

Evaluation scale

H-5

Objective

Student is able to utilize innovation methods while searching forsustainable and profitable solutions for businesses in the Euro-Arctic region as well as all over the world. She/he is able to take into account the possibilities of working in the Euro-Arctic region. She/he is able to collect and apply the information collected from the business environment. Student is able to work as entrepreneur and/or has an entrepreneurial attitude towards future working life.

Content

Tieto puuttuu

Location and time

Week Topic
3 Start of the study unit: Group forming and topics
4 Ideation and research
5 Target groups and stakeholders
6 Idea development, reducing options
7 Prototyping
8 Business logic and business plan
9 IPR
10 Independent study week
11 Marketing
12 Building a pitch and presenting your own idea
13 Final pitch and feedback

Notice! This is only preliminary plan and changes are possible.

Materials

Material is provided during the study unit implementation

• Moodle –materials

Assessment criteria, satisfactory (1)

Satisfactory

She/he is able to use innovation methods and recognizes the results of those methods. Student is able to retrieve information from the business environment. She/he is able to describe a company’s profitability. She/he knows the requirements to be an entrepreneur and can describe the meaning of the said requirements.

Assessment criteria, good (3)

Good

Students are able to identify basic principles of innovations and the significance of innovations and creativeness in an entrepreneurship. Student is able to explain and analyze the results of business environment and profitability related data. Students are able to analyze personal readiness to become an entrepreneur and are able to identify what personal abilities and professional skills one needs to develop.

Assessment criteria, excellent (5)

Excellent

Student is able to utilize and can foresee the innovation methods as a possibility for a business. She/he is able to critically evaluate the profitableness of a company and make decisions that are sustainable and financially beneficial. She/he is able to recognize what is useful for the company in the situation at hand. She/he is able to evaluate what is the most important role of the entrepreneur in the given situation. Students have increased entrepreneurial and innovative attitudes and are able to make their own career development decisions.