Master of Science in Knowledge-Based Entrepreneurship
“A ship in the harbor is safe, but that is not what ships are built for.” – John A. Sedd
Our programme reflects Sedd’s sentiment by not only providing scientific and practical knowledge, but training you to confidently turn ideas into business opportunities, drive entrepreneurship for yourself and within a firm, and use your personal and professional skills to turn knowledge into practice. You will enhance your entrepreneurial ability and increase your knowledge of how to identify, capture, and create value for industry and society.
“All our dreams can come true, if we have the courage to pursue them.” – Walt Disney
Disney’s words underline the spirit of our programme, which will inspire you to follow your entrepreneurial and innovative ideas through to fruition. We aim to develop and train entrepreneurs and intrapreneurs with strong analytical and creative abilities and the experience to handle complex knowledge areas and markets.
An integrative, international, and interactive approach
Much of your work is done in teams where skills in collaboration and project leadership are practied. A variety of disciplines are needed to build new ventures or business areas in companies. Your teammates will have complementary international background, in economics, business, engineering, natural sciences, and law, providing first-hand experience of how different perspectives and competencies complement each other in complex real-life business situations. By increasing knowledge of the interfaces between these subjects, you will acquire a more profound understanding for the skills and tools needed in your profession. As such, we prepare you for a career working with entrepreneurship—at an entrepreneurship centre, a government agency, or a company dealing with entrepreneurial firms or activities.
Additionally, the student group you will become a part of is dynamic and international which gives you a global network of contacts.
We provide a full venture-creation process, where you develop project-leader skills in a creative incubation environment with support and resources from the University of Gothenburg’s own venture support, GU Ventures. Entrepreneurship requires confidence to cope with change and uncertainties, and our learning outcomes are designed to help you acquire the perspectives, skills, and experiences necessary to take on an entrepreneurial role in the future. An individualized learning process develops your analytical and reflective capabilities in relation to entrepreneurial processes and activities. From day one, you will be involved in developing your own ideas and live projects, but also improving business models for existing start-ups.
Personal development and business development
Profound learning of innovation and entrepreneurship comes with a combination of theoretically driven knowledge, a versatile toolbox, exposure to good practice, and hands-on experience. An important part of the programme is developing your own personal and professional skills, which are crucial to driving entrepreneurship successfully. We focus on your strengths and behavioural styles and how they can be used in multidisciplinary teams, providing you with approaches to handle and mitigate conflicts in groups and develop high-performing teams. You will acquire strategies to negotiate deals, handle resistance towards new ideas, and successfully present and pitch your ideas. We emphasize preparing you for your future career path.
Programme structure and content
During the first year, cases and examples of practical implementation are important vehicles to accomplish your learning processes.
In the second year, the competencies you acquire are implemented in a venture-creation project and a master’s thesis project. The venture-creation process links a new product or service idea with a team of astute and entrepreneurial students and provides top quality teaching and coaching throughout the journey. These projects can be ideas generated by you and your fellow students, or ideas that arise externally, and could for example focus on business ideas where service components are important, environmentally sustainable products, or services or ICT-related projects.