Course syllabus for Idea evaluation

Course syllabus adopted 2024-02-19 by Head of Programme (or corresponding).

Overview

  • Swedish nameIdéutvärdering
  • CodeTEK219
  • Credits15 Credits
  • OwnerMPBDP
  • Education cycleSecond-cycle
  • Main field of studyIndustrial Engineering and Management
  • DepartmentTECHNOLOGY MANAGEMENT AND ECONOMICS
  • GradingUG - Pass, Fail

Course round 1

  • Teaching language English
  • Application code 07117
  • Open for exchange studentsNo
  • Only students with the course round in the programme overview.

Credit distribution

0124 Laboratory 15 c
Grading: UG		0 c0 c7.5 c7.5 c0 c0 c

In programmes

Examiner

Eligibility

General entry requirements for Master's level (second cycle)
Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.

Specific entry requirements

English 6 (or by other approved means with the equivalent proficiency level)
Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.

Course specific prerequisites

Only students who are admitted to the Entrepreneurship and Business Design program are qualified to take the course, due to the strong integration with the laboratory-based pedagogy of the program.

Aim

The aim of the course is to allow students to be skilled in preparing and conducting idea/project evaluations of early-stage entrepreneurial and innovative developments, incorporating social, economic, environmental and sustainable perspectives.

Learning outcomes (after completion of the course the student should be able to)

- Demonstrate knowledge and terminology about idea/project evaluation content and methodology
- Demonstrate developed skills in describing, analyzing and making decisions about an idea/project in regards to e.g. artifact, stakeholders, and context
- Develop demonstrated skills in determining value visions around future areas of use, including customer, societal, business utility and potential.
- Develop demonstrated skills in formulating needs for further verification, including resource analysis, competence requirements, and potential trade-offs
- Demonstrate ability to elaborate upon ethical as well as sustainable development aspects of idea/project evaluations, including how to relate professionally to different stakeholders in the entrepreneurial and innovative development process
- Demonstrate ability to teamwork on multiple levels, incorporating perspectives and motivations of engaged stakeholders
- Develop demonstrated skills in communication and presentation of idea/project feasibility and substantiation including academic communication.

Content

The course is structured around the components of the team and idea/project evaluation process with a special emphasis on sustainably framed entrepreneurial and innovative developments. Themes dealt with include the following:

- Framework for idea/project evaluation
- Framework for collaboration
- Relationship management and work dynamics
- Stakeholder awareness and analysis
- Competence requirements
- Criteria development for decision making
- Scenario planning, back-casting and other forms of analysis
- Verification and reflective assessment of decisions

Organisation

The course is laboratory-based, centered around self-regulated teamwork on one or more specified ideas/projects. Facilitated workshops provide structure, guidelines and framework which students then independently apply, assess, reflect and report upon. Evaluation assignments are iterative. Students are expected to utilize the workshops as opportunities to ask questions and anchor their understanding. The content of idea/projects to be evaluated are real-life early stage ideas from public or private entities, and thus it is expected that sensitivity to IP is upheld.

Literature

Alänge, Sverker and Lundqvist, Mats, (Eds.), Sustainable Business Development - Frameworks for Idea Evaluations and Cases of Realized Ideas, Chalmers University Press, The book is downloadable as pdf for free.

Additions material published on Canvas.

Examination including compulsory elements

Students are graded on participation on mandatory scheduled lectures and on presentations of idea evaluations.

The course examiner may assess individual students in other ways than what is stated above if there are special reasons for doing so, for example if a student has a decision from Chalmers on educational support due to disability.