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Third-Cycle Courses

Faculty of Engineering | Lund University

Details for the Course Syllabus for Course IDE040F valid from Autumn 2017

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General
  • English
  • Every other autumn semester
Aim
  • The aim of the course is to give doctoral students:
    - Knowledge about the historical and theoretical background and different schools related to the business model and business model innovation concepts.
    - Knowledge about application areas of business model innovation and tools for business model generation and innovation.
    - Knowledge about related concepts, especially strategy and critical perspectives on business models.
    - Practical experience of working with business model innovation tools as well as of real-world cases of business model innovation in established companies, entrepreneurial start-ups and new technologies.
Contents
  • The first part of the course provides an introduction to and overview of business models. The origin and development of the concept is reviewed as well as reading and discussing of classic academic and literature review papers. Then we review the most common theoretical grounding of business models and introduce some critical perspectives on the concept. The second part of the course introduce the concept of business model innovation and business modeling. Its application in diffusion of new technologies, renewal of established industries and sustainability is reviewed as well as the relation between business model innovation and performance. Invited practitioners contribute with contemporary examples of business model innovation for new technologies, renewal and sustainability. The third and final part of the course concerns applications of tools for description, analyses and development of business models and business model innovation.

    The following topics are covered in the course:
    Introduction to and overview of business models
    - Historical overview and theoretical grounding
    - Business models and strategy
    - Critical perspectives on business models
    Business model innovation
    New technologies
    Renewal of established industries
    Business Modeling
    Open business models and eco-systems
    Sustainable business model innovation
    Business model innovation and performance
    Practical applications, tools and cases
    - Business model canvas
    - Digital business models
    - Business Model Innovation Navigator
    - Live cases (invited guests from established companies and start-ups with an interesting business model or business model in change
Knowledge and Understanding
  • For a passing grade the doctoral student must
  • Define and describe key concepts and models in the business model and business model innovation research area,
    Explain the most common theoretical underpinnings of business models and business model innovation,
    Explain the difference between business models and business model innovation in established firms and entrepreneurial start-ups,
    Explain and give examples of how a business model may speed up diffusion of new technologies and products,
    Explain the difference between firm strategy and business models,
    Describe the most common business model and business model innovation tools.
Competences and Skills
  • For a passing grade the doctoral student must
  • Describe and analyze a business model at firm and system level,
    Design a new business model for an entrepreneurial start-up using the business model canvas or other appropriate tool,
    Design a new business model for an established firm using the using the business model canvas or other appropriate tool.
Judgement and Approach
  • For a passing grade the doctoral student must
  • Be able to critically evaluate the strengths and weaknesses of the business model concept and its use in practical decision making.
Types of Instruction
  • Lectures
  • Seminars
  • Exercises
  • Project
  • Invited guests provide practical applications to contemporary business model innovation
Examination Formats
  • Written report
  • Seminars given by participants
  • Miscellaneous
  • Active particpation at seminars
  • Failed, pass
Admission Requirements
  • Students admitted to the doctoral studies at LTH and other faculties
Assumed Prior Knowledge
Selection Criteria
Literature
  • Reading list of academic papers and books.
Further Information
Course code
  • IDE040F
Administrative Information
  • 2017-06-08
  • Mats Ohlin

All Published Course Occasions for the Course Syllabus

2 course occasions.

Course code ▽ Course Name ▽ Division ▽ Established ▽ Course syllabus valid from ▽ Start Date ▽ End Date ▽ Published ▽
IDE040F Business Models and Business Model Innovation Innovation Engineering Autumn 2017 2017‑10‑10 2017‑12‑06
IDE040F Business Models and Business Model Innovation Innovation Engineering Autumn 2017 2020‑03‑10 2020‑05‑15

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