Please note: The information displayed here is current as of Tuesday, November 12, 2019, but the official Course Catalog should be used for all official planning.

2019-2020 Course Catalog

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This catalog was created on Tuesday, November 12, 2019.


Innovation & Entrepreneurship

Professors:C. Skran (Edwin & Ruth West Professorship of Economics and Social Science Government, chair), T. Troy (J. Thomas and Julie E. Hurvis Professor of Theatre and Drama Theatre Arts) (on leave term(s) II)
Associate professors:A. Galambos (Dwight and Marjorie Peterson Professor of Innovation Economics), B. Pertl (Conservatory of Music)
Visiting assistant professor:M. Clayville (Conservatory of Music)
Instructor:G. Vaughan (Economics)
Lecturer:A. Stewart (Economics)

Program description

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 interdisciplinary area in innovation and entrepreneurship

  1. Three core courses:
    1. I-E 100: In Pursuit of Innovation
    2. I-E 110: Financial Literacy
    3. I-E 300: Entrepreneurial Ventures
  2. At least one elective from:
    • MUEP 280: The Entrepreneurial Musician
    • GOVT 248: Social Entrepreneurship
    • ECON 405: Economics of Innovation and Entrepreneurship
    • ECON 400: Industrial Organization
    • I-E 212: Corporate Finance
    • Other courses in which aspects of innovation or entrepreneurship are central
  3. A second course from 2. above, or an additional course that is directly relevant to innovation and entrepreneurship. At this time these include:
    • ART 600: Studio Art Senior Seminar
    • RLST 245: Apple, Google, Facebook
    • ENG 503: Contemporary American Poetry
    • ANTH 210: Research Methods in Cultural Anthropology
    • ART 245: Interarts: New Media Projects
    • ART 320: Intermediate Printmaking or ART 520: Advanced Printmaking
    • PHYS 340: Optics
  4. Practicum: A 3-unit course or internship such as Start-Up Theatre, Rabbit Gallery, or KidsGive; Internship in Studio Art (ART 395, 595, or 695), or others, including the option of a 400-level IS to continue a project started in a course.

Courses - Innovation & Entrepreneurship

I-E 100: In Pursuit of Innovation

This 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.
Units: 6.
Also listed as Economics 211
Prerequisite: Sophomore standing

I-E 110: Financial Literacy

A 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.
Units: 6.
Prerequisite: Sophomore standing

I-E 191: Directed Study in Innovation & Entrepreneurship

Units: 1 TO 98.
Prerequisite: Counter Registration Required

I-E 195: Practicum in Innovation & Entrepreneurship

An 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 may include a written report appropriate to the discipline. Course grades are based on this academic work and participation in a group project.
Units: 1 TO 98.
Prerequisite: Counter Registration Required

I-E 212: Corporate Finance

This 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.
Units: 6.
Also listed as Economics 212
Prerequisite: I-E 110

I-E 245: Social Entrepreneurship

Social 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 security. Students will work with a team to propose an entrepreneurial solution to one such problem.
Units: 6.
Also listed as Government 248
Prerequisite: Sophomore standing or consent of instructor

I-E 255: Start-Up Theatre

Open 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.
Units: 1 TO 3.
Also listed as Theatre Arts 255, Economics 255
Prerequisite: Sophomore standing

I-E 280: The Entrepreneurial Musician

A 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?
Units: 6.
Also listed as Music Education and Pedagogy 280

I-E 285: The Eloquent Musician

Course 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.
Units: 6.
Also listed as Music Repertoire-Perf Study 285
Prerequisite: Major in music or consent of instructor

I-E 295: Topics in Innovation and Entrepreneurship

Topics will vary from year-to-year. May be repeated when topic is different.

Topic for Fall 2019: Sports Entrepreneurship
The purpose of this course is to introduce students to the history and development of sports entrepreneurship and innovation. Students will be exposed to a diverse variety of opportunities in the areas of contemporary sports management as they explore concepts such as; sales and marketing, supervisory management, facilities management, media/public relations, along with ethical challenges in intercollegiate and professional sports.
Units: 6.

I-E 300: Entrepreneurial Ventures

This 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.
Units: 6.
Prerequisite: I-E 110 and one of: I-E 100, I-E 280, or I-E 245

I-E 390: Tutorial in Innovation & Entrepreneurship

Units: 1 TO 98.
Prerequisite: Counter Registration Required

I-E 391: Directed Study in Innovation & Entrepreneurship

Units: 1 TO 98.
Prerequisite: Counter Registration Required

I-E 395: Practicum in Innovation & Entrepreneurshp

An 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 may include a written report appropriate to the discipline. Course grades are based on this academic work and participation in a group project.
Units: 1 TO 98.
Prerequisite: Counter Registration Required

I-E 399: Independent Study in Innovation & Entrepreneurship

Units: 1 TO 98.
Prerequisite: Counter Registration Required

I-E 495: Advanced Topics in Innovation and Entrepreneurship

This 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.
Units: 6.
Prerequisite: I-E 300 or consent of instructor

I-E 590: Tutorial in Innovation & Entrepreneurship

Units: 1 TO 98.
Prerequisite: Counter Registration Required

I-E 591: Directed Study in Innovation & Entrepreneurship

Units: 1 TO 98.
Prerequisite: Counter Registration Required

I-E 595: Practicum in Innovation & Entrepreneurship

An 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 may include a written report appropriate to the discipline. Course grades are based on this academic work and participation in a group project.
Units: 1 TO 98.
Prerequisite: Counter Registration Required

I-E 599: Independent Study in Innovation & Entrepreneurship

Units: 1 TO 98.
Prerequisite: Counter Registration Required

I-E 690: Tutorial in Innovation & Entrepreneurship

Units: 1 TO 98.
Prerequisite: Counter Registration Required

I-E 691: Directed Study in Innovation & Entrepreneurship

Units: 1 TO 98.
Prerequisite: Counter Registration Required

I-E 695: Practicum in Innovation & Entrepreneurship

An 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 may include a written report appropriate to the discipline. Course grades are based on this academic work and participation in a group project.
Units: 1 TO 98.
Prerequisite: Counter Registration Required

I-E 699: Independent Study in Innovation & Entrepreneurship

Units: 1 TO 98.
Prerequisite: Counter Registration Required