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Entrepreneurship and market creation

Individual course

On this course, you will learn about business opportunity identification and increase your knowledge on how markets are created and shaped, how they evolve and develop, and which implications they have for business actors. You will also train your skills in turning business ideas into business models.

Course contents

Digitalisation, new technologies, products and service offerings, new business actors, and unforeseeable events cause disruption to economies and society. The course aims to envision how markets come about, change and develop from the point of view of the entrepreneur and startup companies. Companies not only act in set structures (markets) but they also shape those structures.

We will study the creation, reshaping, and development of markets over time. As markets are constantly changing, we dive deeper into what this notion means for entrepreneurial action and activities.

The course introduces theoretical perspectives on markets to understand the premises for doing business and developing business models. After the introduction to markets, we focus on business models, introducing how to develop a sound business model that meets profitability and growth objectives. We will discuss how to create and deliver value for customers by working on real-world cases, turning ideas into business opportunities. Sustainable and value-creating business models are essential for delivering competitive advantage.

Learning outcomes

  • Understanding the role of entrepreneurs in the market.
  • Identifying and articulating business opportunities in markets.
  • Elaborating on perspectives on market creation and development.
  • Demonstrating how to explore markets and create successful business models based on innovations and patents.

Course material

  • Moore, G. (2014): Crossing the Chasm. Marketing and Selling Disruptive Products to Mainstream Customers. 3rd Ed., Harper Bazaar.
  • Osterwalder, A., Pigneur, Y. (2010): Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers. Wiley. (Published in Swedish by Studentlitteratur)
  • Ries, E. (2017): Lean Startup. Random House.
  • Articles according to instructions.

Completion methods

Team and project work, individual written assignments and a final report. Online lectures on Mondays at 12.30–14.

More information in the Åbo Akademi University study guide.

You can get a digital badge after completing this course.

entrepreneurship, yrittäjyys, market, markkinat, business model, bisnesmalli, liiketoimintamalli, liiketoiminta-ajattelu, bisnesajattelu, kestävä liiketoiminta, sustainable business, start up, start-up

Responsible teacher

University of Turku
Valtteri Kaartemo, Docent, University teacher

Further information about the course and studying

Åbo Akademi University
Anna-Greta Nyström, Associate professor

Contact person for applications

FITech Network University
Fanny Qvickström, Student services specialist
Start here
Start here
Category:
ICT Studies
Topics:
5G technology,
Communications ecosystems,
Digitalisation,
Leadership
Course code:
MF00CK27
Credits:
3 ECTS
Price:
0 €
Level:
Teaching period:
5.9.–28.10.2022
Application deadline:
28.8.2022
Host university:
Åbo Akademi University
Study is open for:
Adult learner,
Degree student
Teaching methods:
Online
Language:
English
General prerequisites:
No prerequisites.
Study suitable for:
People who are interested in entrepreneurship/ intrapreneurship processes or need to develop their market, opportunity identification, creativity and ideation skills.
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