Engineering & Entrepreneurship (B-KUL-H09P4A)
Aims
The course explains and illustrates the role of leadership and technology in the entrepreneurial process.
- The student can explain the key role of technology and engineering in entrepreneurship
- The student is able to take advantage of market opportunities by planning, organizing, and employing several types of resources.
- The student is able to clarify the role of and generate a business plan for an existing as well as a new to start-up company.
- The student can clarify how different units within the company interact and how the company should position itself within a given market, based on the participation during the business games and the testimonies by the entrepreneurs to.
- The student can explicate the product development cycle and more specifically the creative phase following the need recognition and problem formulation stages. In this phase design concepts need to be conceived and assessed.
- The student can indicate the techniques of Business Strategic Dialogues and the role of leadership in this.
Previous knowledge
Students are not allowed to follow the course H09Q1A ‘Leadership and Strategic Management’ (3 ECTS) nor H04V2A ‘Ontwerpmethodologieën’ (6 ECTS) when they subscribe this course.
Is included in these courses of study
- Master in de ingenieurswetenschappen: architectuur (Leuven) 120 ects.
- Master in de ingenieurswetenschappen: werktuigkunde (programma voor studenten gestart vóór 2024-2025) (Leuven) 120 ects.
- Master in de ingenieurswetenschappen: computerwetenschappen (Leuven) 120 ects.
- Master of Biomedical Engineering (Programme for students started before 2021-2022) (Leuven) 120 ects.
- Master of Chemical Engineering (Leuven) 120 ects.
- Master of Nanoscience, Nanotechnology and Nanoengineering (Leuven) 120 ects.
- Master of Mechanical Engineering (Leuven) 120 ects.
- Master of Mathematical Engineering (Leuven) 120 ects.
- Master of Materials Engineering (Leuven) 120 ects.
- Master of Physics (Leuven) (Option: Physics for Society) 120 ects.
- KICK Academy (Leuven) 18 ects.
- Master of Mobility and Supply Chain Engineering (Leuven) 120 ects.
- EIT-KIC Dual Degree Tracks in Sustainable Materials Engineering (Leuven) (EIT-KIC Dual Degree Track in Sustainable Materials Engineering: Option Materials Development (Milano - Leuven)) 120 ects.
- EIT-KIC Dual Degree Tracks in Sustainable Materials Engineering (Leuven) (EIT-KIC Dual Degree Track in Sustainable Materials Engineering: Option Sustainable Materials (Trento - Leuven)) 120 ects.
- EIT-KIC Dual Degree Tracks in Sustainable Materials Engineering (Leuven) (EIT-KIC Dual Degree Track in Sustainable Materials Engineering: Option Sustainable Metallurgy (Leoben - Leuven)) 120 ects.
- Erasmus Mundus Master of Science in Nanoscience and Nanotechnology (Leuven et al) 120 ects.
- Master of Electrical Engineering (Leuven) 120 ects.
- Master of Civil Engineering (Leuven) 120 ects.
- Master of Biomedical Engineering (Programme for students started in 2021-2022 or later) (Leuven) 120 ects.
- Master in de ingenieurswetenschappen: bouwkunde (Leuven) 120 ects.
- Master in de ingenieurswetenschappen: artificiële intelligentie (Leuven) 120 ects.
Activities
1.5 ects. Business Simulations (B-KUL-H09P5a)
Content
The ola consists of two games:
- concurrent engineering game: this business simulation game makes students familiar with the important influence of organizational structures on the performance of project teams with parallel, interacting task responsibilities. The exercise consists of a 4 hours competitive product development effort set in a real life production facility.
- business game: during this three day business game students have to organize themselves in teams or companies. They create a vision, set goals for their company, translate them in the normal activities of a company: hiring people, buying raw material, investing in machines, price setting, marketing, selling and delivering the products, production planning, etc. At the end of the game during a formal session what they hoped to reach and what has been reached is discussed.
Course material
Handouts made available to the students before the start of the games.
Format: more information
Interactive business simulation games: presence is obligatory.
Is also included in other courses
1.5 ects. Strategic Management (B-KUL-H09P8a)
Content
1. Leadership:How to define,types of profiles(inspirational,organisational),style
2. Strategic Dialogues: Vision and Strategy as a tool to aline teams and lead the team to common goals.Technique of defining actual situation against strategic desired position (Ist/Soll) and definition of action programs to get there.
3. What to do in global crises: short time survival to reach long term objectives (use of operational KPI's)
4. Culture of enterpreneurship and commitment
5. Why?(reason to exist),how?(values),what?(action plans)
6. How evaluate (choose) the team and reward it?
7. Priority setting (people,profit,planet?)
8. Translation and communication of vision/strategy to affiliates and workfloor
9. Role of innovation10. Case study of a company in Belgium
Course material
Handbook, texts and presentations
Format: more information
Mixture of classes and seminars
Is also included in other courses
2 ects. Creativity and Decision Making for Product Development (B-KUL-H0T37a)
Content
1. Characteristics of design activities and systematic design procedures
2. Creativity methods: including
- Lateral thinking
- Brainstorming
- Synectics
- Biomimicry, biologically inspired design
- Combinatorial concept generation
- Morphological analysis
and creativity quantification
3. Design by Analogy and Systematic biologically inspired design
4. Theory of Inventive Problem Solving :TIPS / TRIZ
5. Open innovation and lead users
6. Design evaluation methods and decision theory
- Design axioms
- Decision matrices
- Decision theory
- Multi-criteria decision making
Course material
Handouts and selected articles
1 ects. Technology & Entrepreneurship: Case Studies (B-KUL-H0T38a)
Content
Testimonies on the role of engineering and technology in the start-up of technology spin-offs. Leading entrepreneurs of technology spin-off companies will be invited to contribute to this seminar lectures.
Course material
Byers, T.H. Dorf, R.C., & Nelson, A.J. (2010). Technology ventures: From idea to enterprise (3rd ed.). New York: McGraw-Hill.
Handouts of the presentations.
Evaluation
Evaluation: Engineering & Entrepreneurship (B-KUL-H29P4a)
Explanation
- ‘Business Simulations’: continuous assessment based on participation
- ‘Strategic Management’ and ‘Creativity and decision making for product development’: written exam during the exam session, open questions
- ‘Technology & Entrepreneurship: case studies’: short paper on a case study
- One of the business game takes place during three consecutive days during the Easter holidays, this game is graded based on participation.
Not participating in one of the diffferent parts results in failing this course. There is no possibility to take a second exam session for the games in September.
If the faculty decides that the business games cannot go ahead in their current form, compulsory attendance will be waived. The business games will then not be included in the assessment of this course.
Information about retaking exams
You cannot retake the business games in the September exam session, since they exist of continuous assessment. However, you can retake the course modules ‘Strategic Management’, ‘Creativity and Decision Making for Product Development’ and ‘Technology & Entrepreneurship’.