Technological Entrepreneushio (471031)
Learning Outcomes
These curricular unit, Technological Entrepreneurship, aims to develop in students a critical and applied understanding of the process of creating, developing, and scaling technology-based ventures.
These curricular unit seeks to:
- Foster entrepreneurial and innovative thinking, focused on solving complex problems through technology-driven approaches.
- Enable students to identify, assess, and transform technological opportunities into sustainable and scalable business models.
- Integrate theoretical knowledge and practical methodologies - such as Lean Startup, Design Thinking, and Disciplined Entrepreneurship among others - that foster experimentation, validation, and the construction of market-oriented technological solutions.
- Promote multidisciplinary teamwork, entrepreneurial leadership, and effective communication of business ideas to both technical and non-technical audiences.
- Develop an ethical and sustainable vision of entrepreneurship, highlighting the role of technology as a driver of positive economic and social impact.
Study Program
- Fundamentals of Technological Entrepreneurship
- Concepts and definitions of technological entrepreneurship.
- Differences between traditional and technological entrepreneurship.
- Characteristics of digital businesses and technology-based ventures.
- The role of innovation and technological disruption in value creation.
- Entrepreneurial Ecosystems and Innovation
- Structure and key components of an entrepreneurial ecosystem.
- Main actors: universities, incubators, accelerators, investors, government, and large corporations.
- International reference ecosystems (Silicon Valley, Tel Aviv, Shenzhen, Lisbon).
- Maturity levels and dynamics of interaction in technological ecosystems.
- Identification and Evaluation of Technological Opportunities
- Technological trends and emerging sectors.
- Ideation and creativity techniques applied to entrepreneurship.
- Market opportunity assessment and analysis of real-world problems.
- Tools for opportunity diagnosis and innovation mapping.
- Frameworks for Technological Entrepreneurship
- Contemporary approaches and methodologies:
- Lean Startup: Build–Measure–Learn cycle, hypotheses, MVP, and validation.
- Design Thinking: stages Empathize, Define, Ideate, Prototype, Test.
- Customer Development: discovery, validation, creation, and company building.
- Disciplined Entrepreneurship (MIT): structured 24-step model from market definition to scaling.
- Effectuation: decision-making under uncertainty, affordable loss and co-creation principles.
- Business Models and Product Development
- Tools: Business Model Canvas and Lean Canvas.
- Concepts of value proposition, product–market fit, and Minimum Viable Product (MVP).
- Performance and traction metrics for startups (CAC, LTV, churn, retention).
- Pricing and monetization strategies in technology ventures.
- Startup Financing and Scalability
- Funding sources: bootstrapping, business angels, venture capital, crowdfunding, and public incentives.
- Concepts of valuation, term sheet, and investor negotiation.
- Growth and internationalization strategies for technological ventures.
- Critical success and failure factors in scaling processes.
- Team Management and Entrepreneurial Leadership
- Building multidisciplinary teams: roles of hustler, hacker, and designer.
- Structuring founder agreements and equity sharing (vesting and cliff).
- Organizational culture and innovation-driven leadership.
- Entrepreneurial communication and storytelling.
- Sustainability, Ethics, and Social Impact
- Responsible and sustainable entrepreneurship.
- Social and environmental impact of technology and innovation.
- Ethics, privacy, and responsible use of data and AI.
- Technology as a tool for inclusion and economic development.
- Applied Project and Final Pitch
- Development of a group-based technological project throughout the semester.
- Practical application of the studied methodologies.
- Preparation and presentation of a final pitch to a simulated jury.
- Critical reflection on the learning process and the entrepreneurial journey.
Bibliography
Aulet, B. (2013). Disciplined entrepreneurship: 24 steps to a successful startup. MIT Press.
Ries, E. (2011). The lean startup: How today's entrepreneurs use continuous innovation to create radically successful businesses. Crown Business.
Blank, S. (2005). The four steps to the epiphany: Successful strategies for products that win. K&S Ranch Press.
Brown, T. (2009). Change by design: How design thinking transforms organizations and inspires innovation. Harper Business.