Course detail

Technological Entrepreneurship

FP-StpPAcad. year: 2023/2024

Technology Entrepreneurship is ideal for students with basic knowledge in science, technology, engineering or mathematics who want to acquire the necessary business and innovation skills to develop successful businesses where technology plays a key role.

During their studies, students will develop creative thinking, the ability to initiate product, process and value innovation, and develop market expansion strategies. The subject deepens the entrepreneurial knowledge and skills of students and thus provides better conditions for their future application in practice.

Language of instruction

Czech

Number of ECTS credits

4

Mode of study

Not applicable.

Entry knowledge

The course requires the following knowledge, skills and competences:
Knowledge: In the field of technology, a basic overview of engineering, electrical engineering and electronics is assumed. In addition, basic IT and programming skills such as programming and data preparation for 3D printing. Knowledge of working with MS Office programs such as MS Word, Excel and Power Point is expected for project processing and presentation.
Skills: Ability to communicate with students and business representatives, collect and process data. Ability to defend the results of the project not only before the lecturer at the university, but also before the company management.
Competence: working in a particular company. Communicate with businessmen about the technological problem.

Rules for evaluation and completion of the course

Developing a research project
The final evaluation of the technological project is based on the quality of the critical problem analysis. Furthermore, on the solution of the problem. The total number of points a student can earn is 60 points, which is divided according to the qualitative evaluation criteria as follows:
• 40 points - analysis of technological problem, suggestions for its solution and ev. Processing of the final product (mock-up or prototype).
• 15 points - writing a project (semestral work).
• 5 points - presentation of technological solution before teachers, ev. In front of business representatives.
The student must obtain at least 30 points from the technological project.
WRITTEN TEST
The written test will be composed of a series of lectured topics. Topics are based on slides from lectures. The student has to write four open questions, which are evaluated by a total of 40 points (4 x 10) and selected from a range of topics with 60 minutes. The written test is evaluated by the lecturer
The student must obtain at least 50% points (ie 20 points) from the written test. If the student fails to earn at least 50% of the points in the first term, he / she has the opportunity to write for a corrective written test. The written test is an obligatory part for the final classification. Dates for written part will be published in faculty IS.
OVERALL POINT EVALUATION
1) Technological project - 0-60 points.
2) Written test - 0-40 points (it is necessary to obtain at least 50%, ie at least 20 points).
Overall rating:
A - 91-100 points
B - 81 - 90 points
C - 71 - 80 points
D - 61 - 70 points
E - 51 - 60 points
F - less than 50 points
Reasons for not awarding the final classification !!!
• not presenting the technology project,
• not submitting a technology project within the deadline
• earning less than 50 points
Lectures are optional. Attendance at seminars is compulsory. It is also mandatory to participate in the project processing in the selected company, ev. in the South Moravian Innovation Center.

Aims

The aim of this subject is to provide students with the knowledge and skills of technology business to be able to elaborate and present a project of technological innovation on the basis of a concrete assignment from practice

Students should solve team problems either in a selected company or solve a problem based on cooperation with the South Moravian Innovation Center. At the end of the exam.
The purpose of this module is to provide students with an opportunity to facilitate the application of the knowledge gained during their studies to a technology project and then to apply it in practice. The field of application of knowledge differs in relation to the topic, but it is usually a project aimed at analyzing and solving a specific technological problem in a selected company.
To successfully complete this course, the student is expected to:
• actively participates in the solution of the technological project,
• accumulate relevant information for analysis in the chosen field
• analyzes and evaluates the information obtained critically and processes several alternatives to the solution,
• simultaneous presentation of alternatives to the management of the selected company.

Study aids

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

CHASTON, Ian. Technological Entrepreneurship. Technology–Driven vs. Market Driven Innovation. 1st. edition. Cham Switzerland: Palgrave Macmillan. 2017. 299 pp. ISBN 978-3-319-45849-6. (EN)
DUENING, T.N., HISRICH, R.D. and M. A. LECHTER. Technology Entrepreneurship. 2nd Edition. London: Elsevier. 2015. 370 pp. ISBN 978-0-12-420175-0. (EN)
JUROVÁ, Marie. a kol., 2016. Výrobní a logistické procesy v podnikání. Praha: Grada. ISBN 978-80-247-5717-9. (CS)

Recommended reading

Not applicable.

Classification of course in study plans

  • Programme MGR-SRP Master's 1 year of study, summer semester, compulsory-optional

  • Programme RRTES_P Master's

    specialization RRES , 1 year of study, summer semester, compulsory-optional

Type of course unit

 

Lecture

26 hod., optionally

Teacher / Lecturer

Syllabus

The content of individual lectures will be as follows:
 1. Entrepreneurship: Industrial Revolution, Entrepreneurship, Alternative Perspective, Innovation, Business Infrastructure. Macro environment: economy, politics, legislation, technology, meta-trends
2. Technology entrepreneurs: vision, opportunity orientation, foresight, collaborative orientation, entrepreneurial self-efficacy. Competences: dynamic competence, competence improvement, technological competence, creativity. Leadership and structure: managerial style, role fulfillment, communication, dark side, acceptable structure, organic structures, two-handed organization.
3. The emergence of opportunities and evolution: discovery, knowledge, discontinuity, bold innovation, disruptive innovation. Knowledge discovery: knowledge, open innovation, networks, alliances, knowledge acquisition.
4. Strategy: strategic paradox, strategy as practice, strength gaining strategy, market learning, strategy validation, business models.
5. Process management: managerial dilemma, team management, dynamic ability, strategic planning, radical innovation.
6. Lean enterprise and its development. Managing a technology-based business. Financing the business from start-up to exit.
7. Emerging Future: Global Warming and Energy, Climate Change, Healthcare, Robots, Artificial Intelligence, the Internet of Things

Exercise

13 hod., compulsory

Teacher / Lecturer

Syllabus

1. Finding ideas for innovation in technology space.
2. Evaluation of topics. Establishing a competitive advantage in relation to the market situation.
3. Market analysis.
4. Determining the competitive advantage of innovation in relation to the market situation.
5. Change of business model, financial evaluation. Financial appreciation, market entry strategy.
6. Process management in a company.
7. Implementation of the project in the selected company, eventually. in JIC
8. Implementation of the project in the selected company, eventually. in JIC
9. Training in JIC, project realization in selected company, eventually. in JIC
10. Implementation of the project in the selected company, eventually. in JIC
11. Team project presentation.
12. Team project presentation.
13. Team project presentation.