EP 441 — Converting Innovation into Value
3 credits; 3 lecture hours
Students learn to source and develop new venture and growth strategies for future businesses. The course introduces value propositions, value supply chain structures, revenue models, and growth strategies. Students examine business model development with a major focus on converting an idea from innovation into value.
Prerequisite(s): EP 311.
Company and Project Formation: Students will be able to develop businesses and/or projects that drive innovation, establish a competitive advantage, and construct business models, all with commercial value. Business Foundation: Students will administer the tools and techniques for creating products, services, and/or systems that have commercial value. Technology: The combination of innovation and technological competencies will be employed to develop, assess and communicate business ideas in order to be able to provide innovative solutions to business and market problems and the unmet needs for the creative industries. Critical Thinking: Students will be able to define and analyze the key components of innovation, products, services and businesses necessary to formulate solutions. Global Economy: Students will have the ability to assess diverse market and business needs to meet the changing marketplace dynamics of the global economy. Leadership/Interpersonal Skills: Students will be able to construct and employ written, oral and supporting collateral, presentations, skills, techniques, strategies and the materials needed to develop the leadership and interpersonal skills necessary for businesses, programs or ideas.
...FM 441 FM 492 , FM 499 , FM 303 , or EP ...
...423 , FM 431 , FM 441 , FM 492 , FM 499 or EP 311 . Internship: IC 497...