About this course: This course will explore the earlier stages of the entrepreneurial venture process across four modules. The modules will examine the nature of growth and error in entrepreneurial settings and how to manage resources in those settings. In addition, the modules will explore the emergence and existence of entrepreneurial opportunities, the formulation of ideas in relation to those opportunities, and how those opportunities and ideas influence entrepreneurial phenomena. Finally, the course modules will focus on how business concepts underlie compelling entrepreneurial missions that provide guidance to the evolution of a venture’s business model and future strategic planning.
Created by: University of Illinois at Urbana-Champaign
Taught by: Patrick James Murphy, Visiting Professor
University of Illinois Gies College of Business
| Basic Info | Course 5 of 7 in the Innovation: From Creativity to Entrepreneurship Specialization |
| Language | English |
| How To Pass | Pass all graded assignments to complete the course. |
| User Ratings |
Complete this course to work toward:
Innovation: From Creativity to Entrepreneurship Specialization
This course is part of the 7-course Innovation: From Creativity to Entrepreneurship Specialization from University of Illinois at Urbana-Champaign
Master of Business Administration (iMBA)
This course is part of the fully-online 18 courses plus three capstone projects degree program
Syllabus
WEEK 1
Course Orientation
You will become familiar with the course, your classmates, and our learning environment. The orientation will also help you obtain the technical skills required for the course.
2 videos, 5 readings, 1 practice quiz
- Video: Meet Professor Murphy
- Reading: Syllabus
- Reading: About the Discussion Forums
- Practice Quiz: Orientation Quiz
- Reading: Suggested Course Readings
- Reading: Updating Your Profile
- Discussion Prompt: Getting to Know Your Classmates
- Reading: Social Media
Module 1: The Logic of Entrepreneurial Phenomena
This module explains conceptually the origins of entrepreneurial opportunities, the development of entrepreneurial ideas in relation to them, and undertakes a holistic examination of entrepreneurial phenomena. This module includes an interview with the founder of Blue1647, a center devoted to supporting high-potential entrepreneurs, who describes entrepreneurial action in ways that reflect themes from this module.
7 videos, 1 reading, 2 practice quizzes
- Reading: Module 1 Overview
- Video: Entrepreneurial Growth and Error - Part 2
- Video: Entrepreneurial Growth and Error - Part 3
- Practice Quiz: Lesson 1-1 Practice Quiz
- Video: A Seven Stage Approach - Part 1
- Video: A Seven Stage Approach - Part 2
- Video: A Seven Stage Approach - Part 3
- Practice Quiz: Lesson 1-2 Practice Quiz
- Video: Interview with Emile Cambry, Jr. Founder of Blue1647
Graded: Module 1 Assignment - Venture Pitch I
Graded: Module 1 Quiz
WEEK 2
Module 2: Opportunities and Ideas
This module examines the nature of entrepreneurial opportunities in more detail and focus.
7 videos, 1 reading, 2 practice quizzes
- Reading: Module 2 Overview
- Video: The Nature of Entrepreneurial Opportunities - Part 2
- Video: The Nature of Entrepreneurial Opportunities - Part 3
- Practice Quiz: Lesson 2-1 Practice Quiz
- Video: The Creation of Entrepreneurial Ideas - Part 1
- Video: The Creation of Entrepreneurial Ideas - Part 2
- Video: The Creation of Entrepreneurial Ideas - Part 3
- Practice Quiz: Lesson 2-2 Practice Quiz
- Video: Interview with Marc Grens of Digital Mint at Catapult
Graded: Module 2 Quiz
WEEK 3
Module 3: From Ideas to Concepts to Ventures: Thinking About Feasibility
This module builds on the previous two modules, in step with the seven-stage model introduced in Module 1 and extended in Module 2, to focus on the key aspects and foundations of venture feasibility and venture mission.
6 videos, 1 reading, 2 practice quizzes
- Reading: Module 3 Overview
- Video: Putting a Core Concept Into Context - Part 2
- Video: Putting a Core Concept Into Context - Part 3
- Practice Quiz: Lesson 3-1 Part 1 Practice Quiz
- Video: Crafting a Compelling Mission and Visualizing the Future - Part 1
- Video: Crafting a Compelling Mission and Visualizing the Future - Part 2
- Practice Quiz: Lesson 3-2 Practice Quiz
- Video: Interview with Bill Fienup at mHub
Graded: Module 3 Assignment - Venture Pitch II
Graded: Module 3 Quiz
WEEK 4
Module 4: Foundations of Entrepreneurial Strategy
This module begins with a brief reflection on where we started with the seven-stage approach in order to begin putting the multiple steps and stages of entrepreneurial activity into a unified and formal model.
7 videos, 1 reading, 1 practice quiz
- Reading: Module 4 Overview
- Video: Interview with Michael InFanger at mHub
- Video: The Personal Development Aspects of an Entrepreneurial Journey - Part 1
- Video: The Personal Development Aspects of an Entrepreneurial Journey - Part 2
- Video: The Personal Development Aspects of an Entrepreneurial Journey - Part 3
- Video: Interview with Keith Weber at Z Axis Factory
- Video: Social Enterprise Interview
- Practice Quiz: Lesson 4-2 Practice Quiz
Graded: Module 4 Quiz
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University of Illinois at Urbana-Champaign
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| Access to course materials | Available |
| Access to graded materials | Available |
| Receive a final grade | Available |
| Earn a shareable Course Certificate | Available |
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