Language: NOR | ENG
2020/2021

2BIO063 Bioeconomy and Biobusiness II

Læringsutbytte

Learning outcomes

Upon successful completion of the course, the student will have achieved the following learning outcomes: 

Knowledge:

The student

  • has advanced knowledge and high motivation for innovation and entrepreneurial activities in general, and within the biotechnology sector in particular

  • has thorough knowledge of successful bio-companies in Norway and abroad, and can explain why these companies have succeeded

Skills:

The student 

  • can use relevant methods to develop and write a viable business plan for a venture. This includes preparing a financial plan and identifying appropriate sources of capital
  • can carry out and effectively communicate a good business idea and other relevant topics to key stakeholders of the start-up company

General competence:

The student

  • has advanced competence in evaluating the business idea, putting together an entrepreneurial team, attracting investors or other funding bodies and scaling the company

Innhold

 

Content

Central topics:

Bio-entrepreneurship:

  • Different types of entrepreneurs and start-up companies
  • Skills and competences needed to succeed as an entrepreneur in general and as a bioentrepreneur in particular
  • Lean entrepreneurship
  • Knowing critical success factors of new companies and being able to analyze and describe successful bio-companies and their entrepreneurs

Finance:

  • Funding mechanisms for new ventures
  • Cost-of-capital
  • Preparing for meetings with investors or other funding bodies
  • Exit strategies (Intellectual Property Owners (IPO) and industrial sale) 

Business Communications:

  • The language of business
  • Stakeholder mapping and communication strategies, including relevant channels
  • Story-telling in business

Arbeids- og undervisningsformer

Organization and Methods of Instruction

The course is delivered as weekly lectures combined with case studies. There will also be guest lectures given by founders and business leaders in companies in the region. Students are expected to participate in class discussions.

Obligatoriske krav som må være godkjent før eksamen kan avlegges

Requirements necessary to take the exam

  • 2-3 individual business case assignments during the course
  • a minimum of 80% presence in scheduled classes 


Eksamen

Assessment

  • a week-long individual home exam based on a business case and with questions related to material taught in the lectures. This exam-paper is to be defended by an individual oral examination. 

The exam will be evaluated by letter grade, A-F, where E is the lowest passing grade.