Abstract
This subject explores the unique opportunities and challenges associated with regional innovation and entrepreneurship. It emphasises the development of an entrepreneurial mindset and practical skills necessary to identify, evaluate, and launch innovative ideas. The subject combines theoretical frameworks with hands-on experiences, including an introductory bootcamp to kickstart the journey with … For more content click the Read More button below.
Syllabus
Weekend 1: Introductory Bootcamp
Overview of Regional Innovation and Entrepreneurship
Introduction to regional innovation ecosystemsImportance of regional innovation in economic development
The Entrepreneurial Mindset
Characteristics of successful entrepreneursCultivating an entrepreneurial mindset
Workshops on Design Thinking and Lean Startup Methodologies
Introduction to design thinking principlesLean startup methodologies: Build-Measure-Learn cycle
Team Formation … For more content click the Read More button below.
Forming diverse and interdisciplinary teamsBrainstorming and ideation techniques
Weekend 2: Challenge Event/Design Sprint
Intensive 48-hour Design Sprint
Identifying a regional challengeRapid prototyping and testing solutions
Mentorship from Local Entrepreneurs and Industry Experts
Guidance and feedback from experienced mentorsReal-world insights and advice
Team Presentations and Feedback Sessions
Presenting solutions to a panel of judgesReceiving constructive feedback
Week 5-8: Innovation to Impact and Business Model Development
Masterclasses on Business Model Development and Validation
Understanding different business modelsValidating business models through customer feedback
Case Studies of Successful Regional Startups
Analysing regional startup success storiesLessons learned from real-world examples
Workshops on Market Research, Customer Discovery, and Financial Planning
Conducting market research and identifying target customersDeveloping financial projections and planning
Development of a Detailed Business Model for a Regional Innovation
Creating a comprehensive business model canvasIterating and refining the business model
Week 9-12: Innovation Placement
Placement in a Regional Enterprise or Startup
Gaining hands-on experience in a real-world settingApplying subject concepts in practice
Weekly Reflection Journals
Reflecting on the placement experienceDocumenting learnings and challenges
Final Presentation on Placement Experience
Summarising the placement experienceHighlighting key takeaways and impact
Week 13-15: Final Project: Innovation to Impact Plan
Development of a Comprehensive Innovation to Impact Plan
Creating a detailed plan to take an innovation to marketAddressing key elements such as market need, value proposition, and scalability
Presentation to a Panel of Industry Experts
Pitching the innovation to a panel of judgesReceiving feedback and refining the plan
Assessment items
1. Bootcamp Participation and Reflection
2. Design Sprint Presentation
3. Lean Canvas and Report
4. Internship Performance and Reflection Journal
5. Innovation to Impact Plan and Presentation
Enrolment restrictions
Restricted to Students in the start up year program