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2025 (Current Year) Faculty Courses School of Environment and Society Department of Technology and Innovation Management Graduate major in Technology and Innovation Management

Entrepreneurship and Business Development II

Academic unit or major
Graduate major in Technology and Innovation Management
Instructor(s)
Masako Toriya / Shintaro Sengoku
Class Format
Lecture/Exercise (Livestream)
Media-enhanced courses
-
Day of week/Period
(Classrooms)
11-12 Fri
Class
-
Course Code
TIM.D517
Number of credits
0.50.50
Course offered
2025
Offered quarter
4Q
Syllabus updated
Sep 1, 2025
Language
Japanese

Syllabus

Course overview and goals

Terminologies "Business development" and "entrepreneurship" can be defined as a comprehensive process and human activities to realise business opportunities, respectively. These factors are critical and complimentary eith each other thus are highly required for all professionals who aim to create a novel value in the society. This posture is not limited only to business venturing but is also broadly extended towards scientific research and technology development.
The present lecture series consists of lecture and practice parts in order to build up the basic knowledge of the business development and entrepreneurship and to develop basal skills to practice key items learnt in a real world. In Part II, we will practice new business creation and design.

Course description and aims

By the end of this course, students will be able to:
1) Understand the concept of entrepreneurship and business development,
2) Understand key theories of innovation management,
3) Practice a standard approach of problem solving (the issue analysis method),
4) Practice frameworks and tools for strategy building,
5) Genrerate a standard format of business plan, and
6) Develop an implementation plan.

Student learning outcomes

実務経験と講義内容との関連 (又は実践的教育内容)

This lecture series is delivered from both theoretical and practical perspectives by an instructor who have provided new business development training to companies, as well as an instructor with experience working at venture capital firms and startups.

Keywords

New business development, entrepreneurship, innovation management, venture companies, service design, system design

Competencies

  • Specialist skills
  • Intercultural skills
  • Communication skills
  • Critical thinking skills
  • Practical and/or problem-solving skills

Class flow

This lecture series progresses along the key perspectives that should be considered in new business creation: problem definition, business concept development, value validation, and system design.
Each lecture consists of classroom learning and practical exercise components. In the exercise portion, students engage in group exercises using online whiteboards to work with frameworks and tools.

Course schedule/Objectives

Course schedule Objectives
Class 1

New Value Creation

Frameworks for new value creation, value proposition, customer value chain analysis

Class 2

Problem Definition 1

An approach for problem definition that guide new business development (discovering leverage points through systems thinking)

Class 3

Problem Definition 2

Approaches for problem definition that guide new business development (exploring new domains using 2×2 matrix method and assumption reversal)

Class 4

New Business Value Validation

New business creation systems and stage-gate management in corporations, value validation through research and prototyping

Class 5

Systems Engineering for New Business Design 1

System requirements definition through context analysis and use case analysis

Class 6

Systems Engineering for New Business Design 2

Functional analysis and architecture design

Class 7

Group presentation and reflection

Students present their new business proposals.

Study advice (preparation and review)

To enhance effective learning, students are encouraged to spend approximately 100 minutes preparing for class and another 100 minutes reviewing class content afterwards (including assignments) for each class.
They should do so by referring to textbooks and other course material.

Textbook(s)

Practice by groups and presentation

Reference books, course materials, etc.

Ishii, Kosuke and Kenji Iino, Sekkei no Kagaku: Kachi-zukuri Sekkei [Design Science: Value-Creating Design], Yokendo Publishing, 2008, ISBN: 978-4-8425-0434-6
Donella H. Meadows『Thinking in Systems: A Primer』edited by Diana Wright, Chelsea Green Publishing, 2008年, ISBN: 978-1-60358-055-7
INCOSE『Systems Engineering Handbook: A Guide for System Life Cycle Processes and Activities』5th Edition, edited by David D. Walden, Thomas M. Shortell, Garry J. Roedler, Bernardo A. Delicado, Odile Mornas, Yip Yew-Seng, and David Endler, John Wiley & Sons, 2023年, ISBN: 978-1-119-81429-0
To be recommended in the fist class.

Evaluation methods and criteria

Proactive participation in the lectures and the quality of the reports are considered. Details are to be informed of in the first lecture.

Related courses

  • TIM.D516 : Entrepreneurship and Business Development I
  • TIM.B410 : Innovation Management I
  • TIM.B411 : Innovation Management II

Prerequisites

The prerequisite to take this course is that you have acquired the credits of "Entrepreneurship and Business Development I".
Without having acquired the credits of the above course, the credits of this course will not be counted as the necessary number of credits for graduation.

Other

This lecture plan is a model case. Please check the lecture schedule of each academic year.