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Opintojakson toteutussuunnitelma

GroupR31D16S/International Business (Rovaniemi)
Study unitR301DL26 Innovation and Entrepreneurship, 10.00 ECTS credits, 267 h
Time of implementationSpring1/2018-2019, Spring2/2018-2019
Responsible teacherKrastina Anzelika
Other teachers
Status of implementationFinished

Description status Ready
Language of instruction English
Starting and ending dates01.01.2019 - 20.05.2019
Minimum number of participants  
Maximum number of participants  
Enrolment period01.09.2018 - 10.01.2019
Implementation method
Virtuality 0 ECTS credits
R&D integration 0 ECTS credits
Resit dates of the exam
Koulutuksen aikataulu (www-linkki)
Description language English 

Student is able to utilize innovation methods while searching forsustainable and profitable solutions for businesses in the Euro-Arctic region as well as all over the world. She/he is able to take into account the possibilities of working in the Euro-Arctic region. She/he is able to collect and apply the information collected from the business environment. Student is able to work as entrepreneur and/or has an entrepreneurial attitude towards future working life.

Assessment criteria
She/he is able to use innovation methods and recognizes the results of those methods. Student is able to retrieve information from the business environment. She/he is able to describe a company’s profitability. She/he knows the requirements to be an entrepreneur and can describe the meaning of the said requirements.

Students are able to identify basic principles of innovations and the significance of innovations and creativeness in an entrepreneurship. Student is able to explain and analyze the results of business environment and profitability related data. Students are able to analyse personal readiness to become an entrepreneur and are able to identify what personal abilities and professional skills one needs to develop.

Student is able to utilize and can foresee the innovation methods as a possibility for a business. She/he is able to critically evaluate the profitableness of a company and make decisions that are sustainable and financially beneficial. She/he is able to recognize what is useful for the company in the situation at hand. She/he is able to evaluate what is the most important role of the entrepreneur in the given situation.Students have increased entrepreneurial and innovative attitudes and are able to make their own career development decisions


Pedagogical arrangements

Pedagogical arrangements:

  • Lectures in the beginning of the study unit and coaching during the unit
  • Team work
  • Independent studying
  • Portfolio and pitching
  • Self- and peer evaluation.
  • Peter Drucker. Innovation and Entrepreneurship (any edition)

  • Ries, E. (2011). Lean Startup. How constant innovation creates radically successful businesses.

  • Materials in the Moodle Learning Environment

  • Students will search materials appropriate to their business idea.


The study unit is based on the Young entrepreneurship program (NY).

During the study unit the student

  • Reflects one's own knowhow, skills
  • Identifies the possibilities of the business environments in the region
  • Works in a team for developing the business idea
  • Critically reflects the idea from the customer perspective and learns to understand the customers' problem
  • Develops a solution for the problem (a business idea)
  • Validates the idea in practice
  • Understands business logic and makes basis for the business plan
  • Forms a marketing plan for the idea
  • Reflects IPR issues concerning the problem
  • Builds a pitch of the idea.

Portfolio 70 %

Self- and peer evaluation pass/fail

Active participation to sessions pass/fail

End presentation 30%

Grading scale 0(fail) -5(excellent)