Course Catalog and Schedule

Corporate Innovation and New Ventures (KIEI-903-0)
1.00 Credit
TCE BidStats


Formerly ENTR-903-0

The terms “entrepreneurship” and “innovation” often evoke images of a startup in a garage. But what about the game-changing innovation generated by large, established corporations? Now more than ever, large corporations are focusing on innovation as the key to their growth and prosperity. In some instances, it is critical for their very survival. These companies are investing in systems and processes to accelerate the pace of innovation—but need their teams to step up in order to win in a competitive marketplace.

Corporate Innovation and New Ventures (KIEI-903) is a highly immersive and experiential learning laboratory that puts students right in the middle of this “innovation arms race.” We will examine entrepreneurship and innovation from the perspective of corporate strategy, market-facing initiatives, corporate venturing, new product development, and longer term R&D, in partnership with multi-national corporations. With an emphasis on developing innovative ideas for a final course project, you and your business team members will be assigned to work with a real company, on real problems.

In addition to the main project, students will be exposed to corporate innovation processes at a range of other top Chicago-area corporations, working on real challenges in their own corporate innovation centers. Students will also visit 1871, one of the top incubators/accelerators in the United States and an "idea feeder" to a number of large corporations.

Although there are no textbooks required, Peter Drucker’s Innovation & Entrepreneurship and Grow from Within: Mastering Corporate Entrepreneurship and Innovation, by Robert Wolcott and Mike Lippitz are suggested for context. All readings will be included in the course pack.

PLEASE NOTE: KIEI-903 students are required to attend some classes at corporate locations in Chicago. This class cannot be dropped after the first day of class

All Students: Negative PreRequisite: ENTR-903-0

Download Schedule Information
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Academic Year Term   Course ID Title Sec ID   Credits Syl Instructor Times Campus Location Mand 1st Exam
2013-2014 Fall 2013 KIEI-903-0 Corporate Innovation and New Ventures 76 1 Wolcott, Robert Sat 01:30 PM - 04:30 PM Chicago Wieboldt (307) N
2013-2014 Fall 2013 KIEI-903-0 Corporate Innovation and New Ventures 81 1 Wolcott, Robert Thu 06:30 PM - 09:30 PM Evanston Jacobs (276) N
2013-2014 Spring 2014 KIEI-903-0 Corporate Innovation and New Ventures 71 1 DeBiase, Dean; Earle, Jr., Paul W. Tue 06:00 PM - 09:00 PM Chicago Wieboldt (347) Y