Bioentrepreneurship

About the course

Subjects

Entrepreneurship Strategy Innovation

Course content

As the biotech industry often builds on industry-academic collaboration the course prepares students for the advanced entrepreneurial environment of this industry by offering integrated insights into the entrepreneurial process, including both its technical aspects and its business perspectives. Students are trained to build the start-ups required for successful science-based entrepreneurship, while they build networks spanning different universities and industry.

Students will have the opportunity to work in teams for in-class case discussions addressing founding team, technical and commercial aspects in launching and commercializing an invention and searching for viable business plans. They will also explore the Danish innovation ecosystem to find one biotech startup that they like and apply some frameworks used in the class (based on public information).

Course includes lectures, coaching, case discussion on bio-entrepreneurship with primarily CBS faculty and industry guests, offering an integrated and effective framework for working on actual biotech innovations.

See course description in course catalogue

What you will learn

In this course, students learn the central skills in science-based entrepreneurship in the biotech sector broadly defined (biotech, pharmaceuticals, medical devices, diagnostics, and foodtech). The course provides students with the necessary knowledge on how to bridge science and business and translate biotech concepts into commercial terms. It also enables students to understand the differences in issues and challenges in science-based industries related to entrepreneurship and innovation. Finally, students will develop the skills to successfully work in interdisciplinary teams to work on assignments related to business cases.

Understand readiness to found and team formation in biotech startups
Understand and assess the particular business conditions affecting commercialization of life sciences, hereunder, entrepreneurial and intrapreneurial strategy choices related to value creation and capture (team, competitors, technology and customers), business models and plans, financing, engaging with local innovation ecosystems, and impact.
Understand how to assess and incorporate sustainability, inclusion, and social impact in business models.
Be able to conduct a market-analysis and go to market analysis.
Understand IP strategies across biotech fields
Understand Artificial Intelligence strategies in biotech: applications in biotech innovation and business models (in particular in precision medicine)
Demonstrate understanding of the biotech and business concepts presented in the course curriculum and in lectures as well as an appropriate application of theories, concepts, and methods

Course prerequisites

This is a mandatory course for the MSc in Business Administration and Bioentrepreneurship. The course can be selected without former knowledge in BioBusiness, Innovation and entrepreneurship and is primarily aimed at students who have completed their first year of master (cand. Merc.) studies, and seek skills in science-based entrepreneurship and innovation management in the biotech industry. To sign up send a 1-page motivational letter and a grade transcript to ily.stu@cbs.dk before the CBS registration deadline for elective courses. You may find the registration deadlines on my.cbs.dk ( https://studentcbs.sharepoint.com/graduate/pages/registration-for-electives.aspx ). Please also remember to sign up through the online registration.

Facts

Level

Master

Type

Mandatory course – also offered as elective

ECTS

7.5

Code

CBIOO1008U

Teaching periods

Autumn – 2nd quarter

Academic year

2024/2025

Status

Available places

Teaching language

English

Teaching Format

Hybrid

Exams

Oral exam on campus
Individual exam, winter

Assessment type

7 point grading scale