Ideation – Creating a Business Idea
Course number
KTH: ME2800, SSE: 8061, KI: 2XX050, KFK: n/a, SU: FE6604
Schedule
Dates
Autumn: 30 Aug - 13 Oct, 2010
Spring: 24 Jan - 9 Mar, 2011
Worth: 7.5 ECTS-credits
Taught at
Royal Institute of Technology
NB: BSc-participants need to be admitted to the BSc-programme at SSE
Every business idea has to start somewhere. Ideation helps you visualise a business opportunity by creatively identifying market demands and analysing competitors.
Ideation is a course about ideas, but also an introduction to entrepreneurship and creativity. Overall it aims to give students practical knowledge about the process of creating and developing a business idea. It stretches all the way from the pre-idea to the development of a business idea through to the identification of target markets, and finally to introductory issues surrounding the actual launch of a product, service or experience.
Using real-world examples and analysis emphasis is placed on the creative process surrounding the development of a sound business idea, the identification of distinct market opportunities and especially the development of a strong business model.
Intended learning outcomes
After this course you should be able to:
- analyse and discuss the context of entrepreneurship
- identify a business opportunity
- develop and explain a business idea
- use creativity techniques to extend and further a business idea
- use key skill sets for early-stage entrepreneurship
- use basic models for customer, market and competitor analysis
- develop a basic business model.
Structure
In order for you as a student to be able to take SSES courses they are all scheduled after your daily classes (or workday), with some margin time to ensure you can commute to campus, pick up a coffee and arrive on time.
This course runs on Mondays and Wednesdays in two to three hour sessions for some seven weeks, but for a detailed timing check out the schedule in the box to the right. Teaching will incorporate lectures, debates, and exercises, as well as presentation from leaders in the field.
Assessment
- Written assignment
- Final individual project
Teacher(s)
Terrence Brown
Course Director
Dr. Terrence Brown is a writer, researcher, consultant, entrepreneur and lecturer on creating value. He is also the former Dean of the Stockholm School of Entrepreneurship and an Associate Professor in Entrepreneurship and Innovation at the Royal Institute of Technology. Additionally he was the Programme Director for the ICT Entrepreneurship Masters Programme at KTH as well as a Programme Director for the Scandinavian International Management Institute (SIMI). Terrence is the founder of Cogeneration, the next step in new venture creation, Startup Academy, an offline/online institution providing content and education to entrepreneurs and new venture investors and growthstrategies, a growth agency that specialises in helping to grow companies by creating and developing uncommon opportunities.
Terrence holds an MBA in Entrepreneurial Management from the Wharton School of the University of Pennsylvania, an MBA in Organizational Management and a Doctorate in Entrepreneurship and Corporate Strategy from Rutgers University. Furthermore, he has recently been elected to the Board of Danish-American Business Forum.








