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CS34A0551 Business Idea Development, 6 cr 
Code CS34A0551  Validity 01.08.2016 -
Name Business Idea Development  Abbreviation Business Idea D 
Credits6 cr   
TypeBasic studies  
  Grading scaleStudy modules 0-5,P/F 
  Eligibility for post-graduate studiesno
    Allowed to study several timesno
Organisation LUT School of Engineering Science 

Suvi Konsti-Laakso 

Description by Study Guide
Year  M.Sc. (Tech.) 1 
Teaching Language  English 
Teacher(s) in Charge 

Timo Pihkala, D.Sc. (Econ. & Bus. Adm.), Professor

Suvi Konsti-Laakso, M.Sc.(Tech.), Project researcher


Student can explain and analyze key theoreticalapproaches associated to business idea development. The student learns toidentify, develop and assess future-oriented business opportunities and ideas.The student can use different systematical tools and techniques related tobusiness idea development.


Fuzzy-front end of entrepreneurial process, opportunityrecognition, innovation, sources of business ideas, creativity and systematicgeneration of ideas

Supplementary content: innovation and creativity
Specific content: customer/user involvement

Teaching Methods 

12 h of lectures/seminars, learning diary and assignments 80 h. Written group assignment 64 h. In total 156 h.

Examination in Examination schedule (Yes/No)  No 
Examination in Moodle (Yes/No)  No 
Examination in Exam (Yes/No)  No 
Assessment scale and assessment methods 

Grades 0-5, Learning diary (60%) and group work and presentation (40)%.

Course Materials 

Study materials will be available in Moodle.

Places for exchange-students? (Yes, number/No)  15– 
Places for Open University Students?(Yes, number/No)  15– 

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