EW290TOpen Business Models & Open Innovation
The EW290T course presents an opportunity for students who are passionate about employing their innovative and creative talents to learn the process of Open Innovation to address the business model challenges of real companies. To demonstrate the solid understanding of the process, concepts and strategies, students work in groups of five to seven to formulate a solution to the problems the companies are currently facing. Students work with respective Senior Corporate Executives who present their challenges. This includes exploring new business models and prospective markets in light of the changing economic landscape, social trends, and emerging technological advances. The intent of the course is to create heterogeneous groups to leverage the diverse experiences, skill-sets, and tacit knowledge of individuals within each group to frame and solve problems.