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2025-2026 / GEST3754-1

Entrepreneurship and Innovation

Duration

30h Th

Number of credits

 Master in management, teaching focus (Réinscription uniquement, pas de nouvelle inscription)5 crédits 
 Master in management, professional focus in Banking and Asset Management5 crédits 
 Master in business engineering, professional focus in digital business5 crédits 
 Master in management, professional focus in law and management5 crédits 
 Master in management, professional focus in law5 crédits 
 Master in business engineering, professional focus in Financial Engineering5 crédits 
 Master in business engineering, professional focus in Financial Engineering (Digital Business - double diplomation avec la Faculté des Sciences Appliquées)5 crédits 
 Master in management, professional focus in Financial Analysis and Audit5 crédits 
 Master in management, professional focus in global supply chain management5 crédits 
 Master in management, professional focus in Intrapreneurship and Management of Innovation Projects5 crédits 
 Master in business engineering, professional focus in Intrapreneurship and Management of Innovation Projects5 crédits 
 Master in management, professional focus in international strategic marketing5 crédits 
 Master in management, professional focus in social and sustainable enterprise management (Réinscription uniquement, pas de nouvelle inscription)5 crédits 
 Master in business engineering, professional focus in management and technologies (Industrial Business Engineering)5 crédits 
 Master in management, professional focus in Management of Organisations and Social Dynamics5 crédits 
 Master in management, professional focus in strategy and human resource management (Réinscription uniquement, pas de nouvelle inscription)5 crédits 
 Master in business engineering, professional focus in sustainable performance management5 crédits 
 Master in business engineering, professional focus in Supply Chain Management and Business Analytics5 crédits 
 Master in business engineering, professional focus in Supply Chain Management and Business Analytics (Digital Business - double diplomation avec la Faculté des Sciences Appliquées)5 crédits 
 Master in management, professional focus in Social Enterprise Management and Transition5 crédits 
 Master in business engineering, professional focus in science and technology5 crédits 

Lecturer

Frédéric Dufays, Frédéric Ooms

Language(s) of instruction

English language

Organisation and examination

Teaching in the first semester, review in January

Schedule

Schedule online

Units courses prerequisite and corequisite

Prerequisite or corequisite units are presented within each program

Learning unit contents

This course aims to familiarize students with entrepreneurship and innovation as a driving force of our economy and society, beyond the sole creation of new enterprises. Students will get acquainted with different forms of entrepreneurship and innovation (including for example corporate entrepreneurship) and explore the main challenges associated with different steps of the entrepreneurial process. These challenges will be 1) examined in the light of the main concepts and theories on entrepreneurship and innovation, and 2) experienced by students through a group project.  

Beyond providing conceptual background and getting inspired by guest speakers and cases, the course also aims to equip students in discovering concrete avenues of entrepreneurship and innovation, in order to consider their own involvement in an entrepreneurial process based on their values, expertise, future career plans, and societal needs and expectations. 

Learning outcomes of the learning unit

At the end of this course, students should be able to: 

  • locate and understand different forms of entrepreneurship and innovation 
  • Apply the key steps of the entrepreneurial process in identifying, developing, and evaluating opportunities (as described in the course)  
  • identify the challenges at different steps of the entrepreneurial process and connect them with relevant theoretical lenses 
  • evaluate the relevance and solidity of an early-stage entrepreneurial project. 
 

Prerequisite knowledge and skills

This course is taught in English and includes interaction moments. Therefore, a good command of English is required.

Planned learning activities and teaching methods

Lectures, Readings, Invited speakers, Group work 

Mode of delivery (face to face, distance learning, hybrid learning)

Face-to-face course

Course materials and recommended or required readings

Platform(s) used for course materials:
- LOL@


Further information:

Required reading:

Aulet, B. (2024). Disciplined Entrepreneurship Expanded and Updated : 24 Steps to a Successful Startup (Expanded and updated edition.). John Wiley & Sons, Inc. 

The book is available through the ULiège library website. 

Written work / report

Out-of-session test(s)


Further information:

The final grade is composed of several elements: 

An individual component (50%):  

  • Peer-evaluation of the executive summary of another group, to be written during the final class (open book) (30%)  
  • Reflexive essay of 2 pages (10%) 
  • Participation in course (10%)  
A group-based component (50%):  

  • An executive summary of your own entrepreneurial project as evaluated by peers (10%)  
  • A 3-minute filmed pitch of your entrepreneurial project (30%)  
  • A 2-pager on the evolution of your entrepreneurial project  on the basis of the received feedback (10%)  
 

Work placement(s)

Organisational remarks and main changes to the course

The course has been fundamentally revised as it is now worth 5 ECTS (instead of 3). It includes first-hand experience of entrepreneurship through a group work. 

Three feedback moments on this group work are foreseen, and it is compulsory to attend at least two of these. 

Contacts

Prof. Frédéric Ooms, fooms@uliege.be

Prof. Frédéric Dufays, frederic.dufays@uliege.be

Joëlle Noti (teaching assistant), joelle.noti@uliege.be

Association of one or more MOOCs