Swedish name: New Venture Creation
This syllabus is valid: 2024-08-19 and until further notice
Syllabus for courses starting after 2024-08-19
Syllabus for courses starting between 2020-12-21 and 2024-08-18
Course code: 2FE419
Credit points: 7.5
Education level: Second cycle
Main Field of Study and progress level:
Business Administration: Second cycle, has only first-cycle course/s as entry requirements
Grading scale: Three-grade scale
Responsible department: Business Administration
Revised by: Dean of Umeå School of Business, Economics and Statistics, 2024-05-30
The course aims to provide students with the opportunity to experience the journey of creating a new venture in teams. The course integrates theoretical knowledge with practical application in the field of new venture creation. During the course, students will generate new venture ideas, develop a business concept and assess the viability, desirability and feasibility of this business venture concept. A design approach is used to create and assess new ventures in interaction with different stakeholders. The course is given and examined in English.
Expected learning outcomes:
90 credits within the field of Social Science or Science and Technology.
Proficiency in English equivalent to Swedish upper secondary course English B/6
Learning is supported by lectures where readings and lectures are meant to complement each other. Students will work in teams in ideation bootcamps and workshop formats and are expected to participate in full during these days. The team's work will be presented in writing and orally.
Examination consists of an individual written assignment, a written report and presentation conducted in a group. Attendance at group activities is a requirement to pass the course. A passing grade is required for each part of the module. The course is given and examined in English.
The following grading system is used:
Pass with distinction (Väl godkänd, VG, 75% or more),
Pass (Godkänd, G, 50% or more)
and Fail (Underkänd U, less than 50%).
Grades on the course are awarded when the student has passed all examinations and compulsory course elements. The course is given and examined in English.
To receive the grade Pass with distinction (VG) in the 30 credits course consisting of four modules of the same size, the student must have achieved Pass with distinction (VG) in at least three out of four modules. In shorter courses for example 7,5 credit courses, 15 credit courses or 22,5 credits courses Pass with distinction (VG) is given when the student has achieved at least 75% of the total weighted points.
A student who does not pass the first examination will be offered an opportunity to sit a re- examination within two months. An additional examination opportunity is normally offered every academic year, one week prior to the start of the autumn term. If required by specific circumstances, other form of examination can be used.
A student that has failed an examination on two occasions has a right to have another examiner or grading teacher appointed, unless there are special reasons against it. A written request addressed to the Director of Studies should be made no later than 14 days before the next examination opportunity.
Adaptations
Examiners may decide to deviate from the modes of assessment in the course syllabus. Individual adaptation of modes of assessment must give due consideration to the student's needs. The adaptation of modes of assessment must remain within the framework of the intended learning outcomes in the course syllabus. Students who require an adapted examination - and have received a decision on the right to support from the coordinator at the Student Services Office for students with disabilities - must submit a request to the department holding the course no later than 10 days before the examination. The examiner decides on the adaptation of the examination, after which the student will be notified.
Academic integrity and cheating
As a student, you are expected to act with academic integrity. This means writing and presenting within the limits of the academic rules and expectations communicated in the university's regulations and what is otherwise specified by the responsible department. Disciplinary action may be taken against students who use unauthorized help aids or in some other way try to mislead on a test or on another type of task for examination. Rules and regulations concerning the production of academic texts and correct referencing will be applicable to written assignments. Submitted material may be subject to plagiarism control. In addition, Umeå University rules and regulations for education and research apply.
Academic credit transfer is done in accordance with the University credit transfer regulations.
This course can not be used in the same degree as other courses with the same content. In case of uncertainty, please contact your study advisor.
Lazarow Alexandre
Out-innovate : how global entrepreneurs from Delhi to Detroit are rewriting the rules of Silicon Valley
Boston, MA : Harvard Business Review Press : [2020] : xii, 275 pages :
ISBN: 9781633697584
Mandatory
Search the University Library catalogue
Reading instructions: (E-book: 9781633697591)
Zero to one : notes on startups, or how to build the future
Thiel Peter A., Masters Blake
First edition. : New York : Crown Business : [2014] : 210 pages :
9780804139298.jpg
ISBN: 9780804139298
Mandatory
Search the University Library catalogue
Up to 10 scientific articles (app.150 pages) available from the University library will be notified at the start of the module. (Mandatory) Additional individual literature search within specific subjects may be required to complete the assignment.
Reference literature is literature that broadens, deepens and clarifies the topic. The student is expected to utilize these knowledge sources and other sources, especially when working with written reports and case information.
Umeå School of Business, Economics and Statistics USBE. Thesis writing in Business Administration. Thesis manual. (latest edition)
USBE Business Administration :
www.umu.se/en/student/usbe/thesis-and-degree-project-work/
Doherty Fraser
48-hour start-up : from idea to launch in 1 weekend
London : Thorsons : 2016 : xv, 208 pages :
ISBN: 9780008196684
Search the University Library catalogue
Reading instructions: (E-book: 9780008196721)