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Vår 2023

TEK-3501 Innovation and Economy - 5 stp

The course is administrated by

Institutt for industriell teknologi

Type of course

Theoretical course. The course can be taken as a single course.

Course contents

The contents of the course is made up of two major elements.

Introduction to the concept of Innovation through Design Thinking with a particular emphasis on the process of idea development.

Business planning and modeling using the Osterwalders Canvas as a foundation. The course will also cover the most necessary elements of a business plan.

These theoretical concepts are put into practice through group oriented exercises.

Application deadline

Applicants from Nordic countries: December 1st. Exchange students and Fulbright students: October 1st.

Admission requirements

A relevant undergraduate Bachelor Engineering program with minimum 25 credits mathematics, 5 credits statistics, 7,5 credits physics.

Application code: 9371

Objective of the course

Provide students with the knowledge and training in main concepts, models and tools within the fields of business development with a focus on innovation and entrepreneurship.


Upon completing the course the candidate:


Upon completing the course the candidate:

General competence:

Upon completing the course the candidate:

Language of instruction


Teaching methods

During two separated and concentrated weeks all theory and projectoriented work will be done. Each day of Monday-Thursday (0800-1600) are split into one half of theoretic lectures and one half of project work in teams.At the end of each week, each project group (team) will present a project report.

Date for examination

School exam 26.05.2023;Off campus exam hand in date 25.05.2023

The date for the exam can be changed. The final date will be announced at your faculty early in May and early in November.