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Vår 2024

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.

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.