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Nov 24, 2024
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MS 3423 - Innovation and Business Markets3 lecture hours 0 lab hours 3 credits This course explores the foundation, functions and models of businesses based on innovation, creativity and value production. Course topics include (a) generation of commercializable new ideas in both new ventures and existing organizations; (b) challenges to organizations based on creativity and innovation; (c) trade-offs in making resource allocation decisions innovative ideas; and (d) strategies for businesses based on fast-changing creative and innovative products. The course features guest speakers and includes assignments involving entrepreneurship and business development. Students will develop an understanding for the steps and strategies needed to move innovative ideas to commercial success. (prereq: sophomore standing)
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