Free online course Bussiness Models and Entrepreneurship
Duration of the online course: 21 hours and 44 minutes
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Build a winning business model and entrepreneurial mindset in this free online course, with practical innovation tools and a certificate option.
In this free course, learn about
How innovation, business models, and entrepreneurship connect in creating and scaling ventures
Methods to analyze current business scenarios and challenges from rapid environmental change
Innovation drivers: creativity, problem identification, and why innovation is critical today
Types of innovation (incl. process innovation) and design thinking as a human-centric approach
End-to-end innovation management: discovery, idea selection, experimentation, and execution
Idea management systems, divergent vs convergent thinking, and systems thinking for solutions
Low-cost experimentation, rapid prototyping, incubation, and what enables startup graduation
Participative innovation, co-creation, and G-D vs S-D logic in value creation
Business model fundamentals, modern vs traditional models, and crafting strong value propositions
Entrepreneur and social entrepreneur roles; linking innovation to societal impact and sustainability
Blue Ocean Strategy to create uncontested markets and reduce head-to-head competition
Marketing of innovation: integrating customer/value focus into innovation adoption and diffusion
Technology innovation processes, planning/strategy (e.g., first-mover) and forecasting (Delphi)
IPR management: intellectual capital vs IP, patents/copyrights/GI, and patenting challenges in India
About the free online course
Turn ideas into ventures by learning how business models, innovation, and entrepreneurship work together in today’s fast-changing markets. This course helps you move beyond inspiration and into structured thinking: how to read a business environment, spot opportunities, and shape solutions that customers actually value. You’ll build a clearer entrepreneurial mindset while understanding what makes modern business models different from traditional approaches and why some models fail even with a great product.
You’ll explore innovation as a disciplined process rather than a lucky event, connecting creativity with methods such as design thinking, divergent and convergent thinking, and human-centered problem solving. The course emphasizes how organizations and entrepreneurs manage ideas from early exploration through low-cost experimentation, rapid prototyping, and incubation. Along the way, you’ll see how participation and co-creation strengthen outcomes, and how value creation changes when you shift from goods-dominant logic to service-dominant logic.
To sharpen competitive thinking, you’ll work with strategic lenses that help differentiate in crowded markets, including Blue Ocean concepts that focus on escaping head-to-head rivalry. You’ll also understand how marketing supports innovation by translating technical or novel solutions into meaningful customer benefits, and how technology innovation progresses from concept to real-world impact, guided by planning, forecasting, and strategy choices that shape timing and leadership.
The course also broadens entrepreneurship beyond profit alone, linking innovation with sustainability and social impact. You’ll consider the role of government and ecosystems in supporting sustainable conditions, and how small and medium enterprises can contribute across economic, social, and environmental dimensions. Finally, you’ll learn why intellectual property matters for innovators, how IP differs from intellectual capital, and how tools like patents, copyright, and geographical indicators can protect value while encouraging disclosure and development.
With a practical perspective that bridges startups and established organizations, this course supports anyone aiming to validate ideas, improve decision-making, and build resilient models designed for real customers, real constraints, and real opportunities.
Course content
Video class: Innovation Business Models and Entrepreneurship03m
Exercise: What is emphasized as an essential part of the innovation process in the course on business models and entrepreneurship?
Video class: Analizing the Current Bussiness Scenario30m
Exercise: What is a major challenge organizations face today due to rapidly changing business environments?
Video class: Innovation and Creativity-An Introduction32m
Exercise: What is a critical element that initiates the process of innovation according to the course content?
Video class: Innovation in Current Environment36m
Exercise: Why is innovation considered critical in the current business environment?
Video class: Types of Innovation33m
Exercise: Which type of innovation primarily focuses on improving existing processes and eliminating inefficiencies within organizations?
Video class: School of Innovation38m
Exercise: What is the primary focus of design thinking in the context of innovation?
Video class: Challenges of Innovation32m
Exercise: Which of the following approaches is described as a human-centric approach to innovation?
Video class: Steps of Innovation Management25m
Exercise: What is the primary focus during the initial stage of innovation management according to the course 'Business Models and Entrepreneurship'?
Video class: Idea Management System35m
Exercise: What is one of the primary objectives of an idea management system in the context of innovation management?
Video class: Divergent v/s Convergent Thinking31m
Exercise: What is a key concept to effectively harness innovation for solving problems in business models, according to the discussed text?
Video class: mod2lec1025m
Exercise: Which concept involves creating a larger synchronized picture with interconnected elements in entrepreneurship?
Video class: Experimentation in Innovation Management32m
Exercise: What is the main reason for encouraging low-cost experimentation in the innovation management process according to the text?
Video class: Idea Championship32m
Exercise: In the context of business incubation, what is essential for ensuring the successful graduation of companies from an incubator?
Video class: Participation for Innovation30m
Exercise: Which of the following is NOT considered a key element to develop participative innovation in organizations?
Video class: Co-creation for Innovation32m
Exercise: What is the primary distinction between Goods-Dominant (G-D) logic and Service-Dominant (S-D) logic in value creation?
Video class: Prototyping to Incubation32m
Exercise: In the context of innovation management and idea development, which statement correctly describes the role of rapid prototyping?
Video class: What is Business Model?39m
Exercise: What key aspect distinguishes contemporary business models from traditional ones?
Video class: Who is an Entrepreneur?26m
Exercise: What is one of the primary roles of an entrepreneur in the context of organizing a business?
Video class: Social Entrepreneurship?27m
Exercise: What is a primary focus of social entrepreneurship, as discussed in the text?
Video class: Blue Ocean Strategy-I28m
Exercise: Which of the following is a key element of creating a blue ocean strategy in business?
Video class: Blue Ocean Strategy-II34m
Exercise: What is a primary goal of the Blue Ocean Strategy framework in terms of market competition?
Video class: Marketing of Innovation24m
Exercise: When integrating marketing with innovation, what key aspect does this approach primarily emphasize?
Video class: Technology Innovation Process32m
Exercise: In the technological innovation process, which of the following sequences correctly represents the progression from concept to societal impact?
Video class: Technological Innovation Management Planning38m
Exercise: What is one primary reason for incorporating Research and Development (R&D) as a central function in third and fourth generation companies, according to the concept presented about technological planning?
Video class: Technological Innovation Management Strategies37m
Exercise: Which strategy involves a company being the first to introduce a new innovation, thereby leading in a new industry life cycle?
Video class: Technology Forecasting37m
Exercise: When planning for technological innovation, what is a key method employed to forecast the future of technology that incorporates both expert opinions and iterative feedback?
Video class: Sustainability Innovation and Entrepreneurship26m
Exercise: In the context of social entrepreneurship, what is a significant factor that links innovation and societal elements?
Video class: Innovation Sustainable Conditions34m
Exercise: What is a primary role of the government in promoting sustainability through entrepreneurship and innovation?
Video class: Innovation: Context and Patterns30m
Exercise: What is a systematic approach to innovation as opposed to a random approach in the context of business models and entrepreneurship?
Video class: SME’S strategic involvement in sustainable development36m
Exercise: What are the three main dimensions of sustainable development discussed in the context of SMEs?
Video class: Insight and Entrepreneurship27m
Exercise: In the context of entrepreneurship, which element is crucial for developing insights, according to the lecture content provided?
Video class: Management of Innovation, creation of IPR-I32m
Exercise: What is the primary difference between intellectual capital and intellectual property as described in the course content on innovation?
Video class: Management of Innovation, creation of IPR-II37m
Exercise: What is the main reason why organizations invest in creating intellectual property rights?
Video class: Types of IPR37m
Exercise: What is a geographical indicator (GI) in relation to intellectual property rights?
Video class: Patents and Copyrights35m
Exercise: What is one of the main objectives of the patent system as discussed in the session?
Video class: Patents in India32m
Exercise: What is a major reason for the slow growth of patent culture in India compared to other countries like China?
Video class: Business Models and value proposition29m
Exercise: In understanding a business model's association with value proposition, what aspect is crucial in delivering and capturing value for both the organization and its stakeholders?
Video class: Business Model Failure: Reasons and Remedies27m
Exercise: What is the main reason suggested for business model failure according to the text?
Video class: Incubators : Business Vs Technology38m
Exercise: What is the primary goal of a startup incubator?
Video class: Managing Investors for Innovation37m
Exercise: What is the primary role of incubators in the entrepreneurial journey?
Video class: Future markets and Innovation needs for India27m
Exercise: What does the discussion suggest is a crucial factor for ensuring sustainable development in India?