Lean Start up for Entrepreneurship and Innovation (EIBS7311)
Information valid for Semester 1, 2021
Course level
Postgraduate Coursework
Faculty
School
Business School
Units
4
Duration
One Semester
Delivery mode
External
Class hours
3 Seminar hours
Incompatible
EIBS7305 or EIBS7307
Prerequisite
8 units of level 7 Business School or relevant interdisciplinary courses
Course enquiries
Current course offerings
Course offerings | Location | Mode | Course Profile |
Semester 1, 2025 (24/02/2025 - 21/06/2025) | St Lucia | In Person | Course Profile |
Semester 2, 2025 (28/07/2025 - 22/11/2025) | St Lucia | In Person | Profile unavailable |
Please Note: Course profiles marked as not available may still be in development.
Course description
The Lean Start-up method provides a structured approach for developing new ideas into successful innovations that solve real customer problems. Failure to solve real problems is why 95% of start-ups and more than 80% percent of new products fail. As a result, not only start-ups but also organisations from small non-profits to large multinational enterprises are increasingly adopting the Lean Start-up method to test and refine their ideas.
In this capstone course, you will learn the Lean LaunchPad, a specific variation of the Lean Start-up, as a structured approach to minimize the risks of failure and increase the chances of success when transforming ideas into reality. You can work on your own idea or on ground-breaking technologies developed by partner organisations. You¿ll create a business model based on in-depth customer interviews, rapid prototyping and agile development. You will also gain a holistic understanding of the Lean LaunchPad approach in different contexts by sharing learnings with your peers.