Learning Outcomes
Innovation is defined as the creation of value from new ideas, concepts, methods, materials and organizational structures. Biotechnology and life sciences scientists seek to create valuable innovative products by using the capital resources available to them: financial, human, intellectual and physical capital. They must manage these resources to gain leverage and maximize the impact. They also seek to defend and control the value created based on ethical principles. The course will explore innovation, invention and value creation as a driving force for biotechnology or life sciences and how these actors should design and take full advantage of innovation as the only true competitive weapon for long-term success. Special emphasis will be given on innovation with applications on biotechnology, medical devices, healthcare delivery, drug discovery, development and packaging, bioinformatics, e.t.c. The course includes principles on invention, creative destruction, types of innovation, technological mediation, organizational structures that promote innovation, design, management and commercialization. Students are invited to actively participate in discussions on certain topics, present case studies, and participate in a group innovation project.
Learning outcomes:
- To learn the basic concepts of entrepreneurship, innovation, and intellectual property
- To use their knowledge to implement the process required for each institutional intellectual property right.
- To be able to understand the importance of innovation and intellectual property in issues and areas related to higher education institutions.
- Formulate an integrated and coherent value proposition for innovative biotechnology products
- Be able to develop a business model for innovative products and processes in the biotechnology sector
- Exploit business results of research in their field, combining them with individual data, knowledge, and information from individual disciplines
- Discover business opportunities and possibilities
- Develop interdisciplinary skills in the exploitation of ideas and teamwork skills
- To know and understand bioethical rules that must be observed when developing entrepreneurship in life science fields
- To be able to cite and communicate the conclusions of their study, both in the written text and during the presentation of tasks assigned to them
Course Content
- Introduction to innovation and entrepreneurship
- The innovation process, types, and models of innovation.
- Technological innovation, Innovation Assessment, Technology Transfer
- Resources – critical points of innovation financing
- Bioethics in Life Sciences
- Examples of start-up companies in biomedicine.
Student Evaluation
- Writing and presenting entrepreneurship case studies (85%).
- Essay questions, multiple choice questions on bioethics in the life sciences (15%)