Please note: The information displayed here is current as of Monday, December 17, 2018, but the official Course Catalog should be used for all official planning.
This catalog was created on Monday, December 17, 2018.
Innovation & Entrepreneurship
|Professors:||C. Skran (Edwin & Ruth West Professor of Economics and Social Science Government, chair terms II and III), T. Troy (J. Thomas and Julie E. Hurvis Professor of Theatre and Drama Theatre Arts)|
|Associate professors:||A. Galambos (Dwight and Marjorie Peterson Professor of Innovation Economics, chair term I), B. Pertl (Conservatory of Music)|
|Lecturer:||G. Vaughan (Economics)|
The mission of the Innovation and Entrepreneurship (I&E) interdisciplinary area is to enable students to further pursue their passion through innovative and entrepreneurial ventures in courses and co-curricular activities. It is important to note that we use the word “innovative” in a particular sense, referring to creative, original thinking that leads to new ideas, products, or services that create value for society. Similarly, we use “entrepreneurial” in a specific way, referring to taking initiative and creating positive change in the world. Finally, our use of the word “venture” includes both for-profit and non-profit ventures, and more broadly any initiative to deliver a product or service in a sustainable way.
Innovation and entrepreneurship, understood in this sense, fit naturally into a liberal education. The cultivation of innovative, entrepreneurial thought and action requires one to approach problems from multiple perspectives, to think creatively beyond the status quo, to create and deliver coherent, persuasive arguments. These are essential skills that a liberal education aims to impart to its recipients. The I&E program is one place among many where Lawrence’s curriculum attempts to develop the ability to create what did not exist before. I&E courses attempt to enhance the ability to generate new ideas or processes. Certainly other courses do this in other ways. Graduates who embrace innovative and entrepreneurial attitudes will be better equipped to create fulfilling lives for themselves — lives that extend their liberal arts experience.
Required for the I&E interdisciplinary area
- Three core courses:
- In Pursuit of Innovation (I-E 100)
- Financial Literacy (I-E 110)
- Entrepreneurial Ventures (I-E 300)
- The Entrepreneurial Musician (MUEP 280);
- Social Entrepreneurship (GOVT 248);
- Economics of Innovation and Entrepreneurship (ECON 405);
- Industrial Organization (ECON 400);
- Topics of Finance (I-E 410);
- Other courses in which aspects of innovation or entrepreneurship are central, such as Topics in Education Studies (EDST 450 - Educating for Creativity); Systems Analysis and Design (CMSC 410)
Courses - Innovation & Entrepreneurship
I-E 100: In Pursuit of InnovationThis course acquaints students with various aspects of innovation and entrepreneurship, broadly understood. Topics cover methodologies, theories, and history of innovation. The course focuses largely on projects pursued by teams which conceive and conduct ventures that illuminate innovation and entrepreneurship. Class activities include lectures, discussions, student presentations. Experienced guest experts will offer advice and guidance to student teams. May not be taken on an S/U basis.
I-E 110: Financial LiteracyA study of accounting principles and procedures, leading to a review of financial statements and to an understanding of how accounting data are used to analyze business and economic activities.
I-E 191: Directed Study in Innovation & Entrepreneurship
I-E 195: Practicum in Innovation & EntrepreneurshipAn opportunity for students to gain practical experience with innovation and entrepreneurship in the context of a for-profit or not-for-profit organization, an ongoing student venture (e.g., Rabbit Gallery, Greyfell Theatre, Paper Fox Printmaking Workshop, or KidsGive), or a startup venture. The academic component of the internship includes readings related to the substance of the internship, discussions with the faculty supervisor, and a written report appropriate to the discipline. Course grades are based on this academic work.
I-E 212: Corporate FinanceThis course studies the function of finance and the flow of funds within the corporation. Topics include financial analysis, decision making, capital acquisition and use, and strategic planning. Three comptetencies will be emphasized: numeracy through financial analysis, decision-making based on financial information, and communication skills through conveying analyses and decisions to the end user (the board, shareholders, other stake holders). Lecture with case studies assignments, and exams.
I-E 245: Social EntrepreneurshipSocial entrepreneurs all over the world adopt and implement innovative ideas in order to address some of the world's most pressing problems. In this course, students will study the many dimensions of social entrepreneurship, especially those ventures that address problems of human rights and sustainable development.
I-E 255: Start-Up TheatreOpen to students from theatre, economics, and other students interested in entrepreneurship in the performing arts. Topics change each year. May be repeated when topic is different up to 6 total units.
I-E 280: The Entrepreneurial MusicianA broad introduction to entrepreneurship for musicians, dancers, thespians, visual artists, and other interested students. This course aspires to give students the tools and the mindset to become agents of innovative, entrepreneurial change, social entrepreneurs or entrepreneurial artists. After presenting a social science view of entrepreneurship, the course will feature faculty from a variety of disciplines as well as visiting entrepreneurs. This is a project-oriented course with extensive speaking that will challenge convention, push you to new realms of creative thought, and stretch the boundaries of collaborative learning. Are you ready to unleash the power of the liberal arts?
I-E 285: The Eloquent MusicianCourse explores and promotes the art of speaking elegantly and knowledgeably about music in the context of live musical performance, and writing engagingly about music for a general audience. Course designed for music majors and other students with strong musical background and interest in interactive concerts and other public programs.
I-E 295: Topics in Innovation and EntrepreneurshipTopics will vary from year-to-year. May be repeated when topic is different.
Topic for Winter 2019: Protecting Your Creativity
The purpose of this course is to explore the legal and social structures that may be used to protect expressions of creativity. The acquisition and use of these protections will be discussed using brief legal analysis, case studies, and practical real life experience. The course will cover patents, copyrights, trade secrets, and trademarks, and would therefore be relevant to those interested in science, arts, engineering, publishing, entrepreneurship, or law.
I-E 300: Entrepreneurial VenturesThis course provides a thorough introduction to business models and business plans as relevant for both non-profit and for-profit ventures. Students will work in teams to develop plans for a new enterprise. The course relies heavily on the expertise of invited speakers (including alumni) and the analysis of case studies. Each invited expert will give a guest lecture, lead discussion of a case study, and mentor students in their projects.
I-E 390: Tutorial in Innovation & Entrepreneurship
I-E 391: Directed Study in Innovation & Entrepreneurship
I-E 395: Practicum in Innovation & EntrepreneurshpAn opportunity for students to gain practical experience with innovation and entrepreneurship in the context of a for-profit or not-for-profit organization, an ongoing student venture (e.g., Rabbit Gallery, Greyfell Theatre, Paper Fox Printmaking Workshop, or KidsGive), or a startup venture. The academic component of the internship includes readings related to the substance of the internship, discussions with the faculty supervisor, and a written report appropriate to the discipline. Course grades are based on this academic work.
I-E 399: Independent Study in Innovation & Entrepreneurship
I-E 495: Advanced Topics in Innovation and EntrepreneurshipThis course will offer opportunities to explore special topics in Innovation and Entrepreneurship. Topics will be taught at an advanced level, so the course will build on previous work in Innovation and Entrepreneruship. May be repeated when topic is different.
Topic for Fall 2018: Case Studies in Pricing and Strategy
This course will build on some of the topics in I-E 300 through focusing on case studies that examine issues of pricing and strategy.