INDUSTRIAL ENGINEERING
Bachelor TR-NQF-HE: Level 6 QF-EHEA: First Cycle EQF-LLL: Level 6

Course Introduction and Application Information

Course Code Course Name Semester Theoretical Practical Credit ECTS
ENM4001 Technological Innovation and Entrepreneurship Fall
Spring
3 0 3 5
The course opens with the approval of the Department at the beginning of each semester

Basic information

Language of instruction: En
Type of course: Departmental Elective
Course Level: Bachelor
Mode of Delivery: Face to face
Course Coordinator : Dr. Öğr. Üyesi ALPER CAMCI
Course Lecturer(s): Dr. Öğr. Üyesi ALPER CAMCI
Course Objectives: Understanding the linkages between technological opportunities, entrepreneurship and economic development is vital for the business today. This course is designed to lead the students to be aware of the role of technological innovations in the entrepreneurial process and to understand the process in which technology ventures are created to exploit such opportunities. The aim of this course is to provide students with a fundamental knowledge of technology entrepreneurship and technological innovation, to understand the different stages of entrepreneurial process and to explore how entrepreneurial and innovative activities are interconnected. During the semester, first nature of technological change and the creation of technological innovations are reviewed and second, the focus is turned to entrepreneurial process.

Learning Outputs

The students who have succeeded in this course;
After completing this course students will be able to:
I. Develop an awareness about the entrepreneurial opportunities created by technological innovations.
II. Be aware of the link between innovations and entrepreneurship; how technological opportunities influence the entrepreneurial process
III. Understand the process of creating new technology ventures
IV. Have an ability to assess the value of entrepreneurial opportunities; a clear view of what is a valuable opportunity.
V. Understand the key components of entrepreneurial process such as building effective teams and increasing resources including financial ones.
V. Have knowledge about the growth stages of a new technology venture and ability to manage the growth process.

Course Content

Introduction to technological innovation and entrepreneurship
The links between innovation and entrepreneurship
From business idea to entrepreneurial opportunity
Creating an entrepreneurial strategy, competitive strategy and innovation strategy
Preparing business model
Preparing a business plan
Entrepreneurial risks and returns
Product design and marketing plan
Acquiring and managing resources
Organization and entrepreneurial team
Management of operations
Financial plan, sources of capital and deal presentations and negotiations
Profit and harvest
Leading a new venture to success

Weekly Detailed Course Contents

Week Subject Related Preparation
1) Overview of the course / outline/ syllabus A short introduction to technological innovation and entrepreneurship N/A
2) Entrepreneurship and Opportunities Reading Chapters 1-2 in course book.
3) Vision and the Business Model and Plan Reading Chapters 3-6 in course book
4) Competitive strategy and Innovation strategies Reading Chapter 4-5 in course book.
5) Risk and Returns/Creativity and Product Development Reading Chapter 7-8 in course book.
6) Marketing and sales/ Types of Ventures Reading Chapter 9-10 in course book
7) Course and Group Project Review Review of previous chapters
8) Midterm exam Preparation for midterm exam
9) Fikri Mülkiyet ve yeni girişim organizasyonu Reading Chapter 11-12 in course book.
10) Acquiring and organizing resources/Management of operations Reading Chapter 13-14 in course book
11) Acquisitions and Global Expansion / Profit and harvest Reading Chapter 15-16 in course book
12) The Financial plan / Sources of capital Reading Chapter 17-18 in course book
13) Deal presentations and negotiations / Leading a new venture to success Reading Chapter 19-20 in course book
14) Presentation of course projects Preparaing course project files Preparing course project presentations and presenting course projects

Sources

Course Notes: Byers, T.H., Dorf, R.C. and Nelson A.J. (2010). Technology Ventures: From Idea to Enterprise, 3rd Edition, McGraw Hill, New York.
References: Timmon, J.A. (2009). New Venture Creation: Entrepreneurship for the 21st century. McGraw-Hill Irwin New York.

Evaluation System

Semester Requirements Number of Activities Level of Contribution
Attendance 0 % 0
Laboratory 0 % 0
Application 0 % 0
Field Work 0 % 0
Special Course Internship (Work Placement) 0 % 0
Quizzes 0 % 0
Homework Assignments 0 % 0
Presentation 1 % 5
Project 1 % 30
Seminar 0 % 0
Midterms 1 % 30
Preliminary Jury 0 % 0
Final 1 % 35
Paper Submission 0 % 0
Jury 0 % 0
Bütünleme % 0
Total % 100
PERCENTAGE OF SEMESTER WORK % 35
PERCENTAGE OF FINAL WORK % 65
Total % 100

ECTS / Workload Table

Activities Number of Activities Duration (Hours) Workload
Course Hours 14 3 42
Laboratory 0 0 0
Application 0 0 0
Special Course Internship (Work Placement) 0 0 0
Field Work 0 0 0
Study Hours Out of Class 14 3 42
Presentations / Seminar 1 1 1
Project 1 25 25
Homework Assignments 0 0 0
Quizzes 0 0 0
Preliminary Jury 0 0 0
Midterms 1 12 12
Paper Submission 0 0 0
Jury 0 0 0
Final 1 12 12
Total Workload 134

Contribution of Learning Outcomes to Programme Outcomes

No Effect 1 Lowest 2 Low 3 Average 4 High 5 Highest
           
Program Outcomes Level of Contribution
1) Build up a body of knowledge in mathematics, science and industrial engineering subjects; use theoretical and applied information in these areas to model and solve complex engineering problems.
2) Identify, formulate, and solve complex engineering problems; select and apply proper analysis and modeling methods for this purpose.
3) Design a complex system, process, device or product under realistic constraints and conditions, in such a way as to meet the desired result; apply modern design methods for this purpose. The ability to apply modern design methods to meet this objective.
4) Devise, select, and use modern techniques and tools needed for solving complex problems in industrial engineering practice; employ information technologies effectively.
5) Design and conduct experiments, collect data, analyze and interpret results for investigating the complex problems specific to industrial engineering.
6) Cooperate efficiently in intra-disciplinary and multi-disciplinary teams; and show self-reliance when working independently.
7) Demonstrate effective communication skills in both oral and written English and Turkish. Writing and understanding reports, preparing design and production reports, making effective presentations, giving and receiving clear and understandable instructions.
8) Recognize the need for lifelong learning; show ability to access information, to follow developments in science and technology, and to continuously educate him/herself.
9) Develop an awareness of professional and ethical responsibility, and behaving accordingly. Information about the standards used in engineering applications.
10) Know business life practices such as project management, risk management, and change management; develop an awareness of entrepreneurship, innovation, and sustainable development.
11) Know contemporary issues and the global and societal effects of modern age engineering practices on health, environment, and safety; recognize the legal consequences of engineering solutions.
12) Develop effective and efficient managerial skills.