Checking date: 09/07/2020

Course: 2020/2021

Establishement and development of new technology-based firms
Study: Master in Biomedical Technologies Management and Development (287)

Coordinating teacher: NIETO SANCHEZ, MARIA JESUS

Department assigned to the subject: Department of Mechanical Engineering

Type: Compulsory
ECTS Credits: 5.0 ECTS


Students are expected to have completed
No prerequisites
Competences and skills that will be acquired and learning results.
COMPETENCES: - Know the main theoretical and empirical tools to create, develop and implement a business project. - Ability to identify business opportunities - Ability to manage with ease various information sources. - Ability to develop management skills, negotiation skills and leadership spirit. - Develop, analyse and present a Business Plan LEARNING RESULTS 1. Know peculiarities of new technology-based firms. 2. Understand the key factors of innovative companies. 3. Have criteria to address the risk of being an entrepreneur in the biomedical industry. 4. Ability to design, plan and start a business project in biomedical industries.
Description of contents: programme
1. Firm and entrepreneur. Characteristics of new technology-based companies (NTBC). Business venturing and business opportunities 2. Business idea. Identifying and evaluating business opportunities 3. Viability of business opportunities. 4. Technology-based firms: Potencial evaluation 5. Business plan: design, structure and purpose 6. Development of Business Plan
Learning activities and methodology
LEARNING ACTIVITIES The learning activities to be developed are aimed at stimulating and training students in the field of entrepreneurship and business venturing. To achieve this aim the following resources teaching are proposed: - Lectures: clear and systematic explanations of the contents of the different aspects of business venturing. - Practical case studies, exercises and applications of different stages of the business plan, where the students take an active role. - Seminars of entrepreneurs and other professionals involved in new ventures. - Group work: Development of a business plan, in which students reflect their business idea, viability and implementation of the business project. - Tutorships - Student´s individual work TEACHING METHODOLOGIES - Teacher explanations supported with audiovisual media and information technology, in which the main concepts of the subject are developed and the reference literature is provided to supplement student learning. - Critical reading of international references recommended by the professor: journal papers, reports and manuals for further discussion in class, to enhance and consolidate the knowledge acquired. - Solving practical cases, presented by the professor to the students either individually or in groups. - Presentation and discussion in class, under the moderation of the professor, of subjects related to the course. - Reports and projects (working individually or in groups).
Assessment System
  • % end-of-term-examination 60
  • % of continuous assessment (assigments, laboratory, practicals...) 40
Basic Bibliography
  • Barringer, B. and Duane Ireland, R. (2012).. Entrepreneurship: Successfully Launching New Ventures. Pearson.
  • Bygrave, W. and Zacharakis, A. (2011). . Entrepreneurship. . Wiley.
  • Hirisch, R., Peters, M. Sheperd, D. (2013). . Entrepreneurship. . McGraw Hill.
  • Rodríguez Márquez, A., Nieto, M.J, Fernández, Z., Revilla, A. (2014). Manual de creación de empresas. De la oportunidad a la puesta en marcha.. Civitas .

The course syllabus and the academic weekly planning may change due academic events or other reasons.