University of Illinois Urbana-Champaign
Innovation: From Creativity to Entrepreneurship Specialization
University of Illinois Urbana-Champaign

Innovation: From Creativity to Entrepreneurship Specialization

Innovate in a Connected World. Learn about frameworks to manage and innovate in uncertainty

Raj Echambadi
Jeffrey Loewenstein
Jack Goncalo

Instructors: Raj Echambadi

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Get in-depth knowledge of a subject
4.8

(1,422 reviews)

Beginner level
No prior experience required
3 months to complete
at 10 hours a week
Flexible schedule
Learn at your own pace
Get in-depth knowledge of a subject
4.8

(1,422 reviews)

Beginner level
No prior experience required
3 months to complete
at 10 hours a week
Flexible schedule
Learn at your own pace

What you'll learn

  • Master the strategic fundamentals of innovation management, from analyzing market opportunities to implementing frameworks that help capture value.

  • Develop skills to transform ideas into viable ventures, including opportunity identification, business model development, and financial planning.

  • Enhance your own and others’ creative thinking abilities while building capacity to generate, evaluate, and effectively present innovative solutions.

  • Learn to lead diverse innovation initiatives by understanding team dynamics, fostering emotional intelligence, and navigating resource constraints.

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Taught in English
119 practice exercises

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Specialization - 6 course series

What you'll learn

  • Apply theories and frameworks toward the analysis and formulation of strategies for creating and capturing value through technological innovations.

  • Develop an ability to think strategically and make decisions under uncertainty and risk.

  • Develop skills in performing analytic research and preparing professional reports.

  • Develop skills in managing diverse teams and working under time and resource constraints.

Skills you'll gain

Strategic Decision-Making, Innovation, Product Lifecycle Management, Intellectual Property, Market Dynamics, Value Propositions, Strategic Thinking, Business Modeling, Case Studies, Team Management, Competitive Analysis, New Product Development, Business Strategy, Creativity, and Technology Strategies

What you'll learn

  • Analyze innovations and their impact on organizations

  • Articulate a research-informed perspective on innovation.

  • Utilize frameworks, tools, and concepts to address challenges that arise in innovation.

Skills you'll gain

Innovation, Organizational Structure, Organizational Strategy, Strategic Leadership, Business Transformation, Cross-Functional Collaboration, Team Leadership, Strategic Thinking, New Product Development, Entrepreneurship, Organizational Change, and Strategic Partnership

What you'll learn

  • Generate creative ideas and solutions more frequently.

  • Progress through the creative process more efficiently and systematically.

  • Generate more and better creative ideas.

  • Develop greater perseverance even in the face of rejection.

Skills you'll gain

Creativity, Persistence, Initiative and Leadership, Creative Thinking, Self-Motivation, Open Mindset, Ideation, Innovation, Problem Solving, Organizational Leadership, Adaptability, Cognitive flexibility, Curiosity, Creative Problem-Solving, and Emotional Intelligence

What you'll learn

  • Enhance your understanding of the creative process so that you develop your skills at generating creative ideas.

  • Generate creative ideas by working effectively with other people.

  • Demonstrate understanding of how others might perceive and evaluate your ideas.

  • Generate creative ideas so that audiences are more likely to accept them.

Skills you'll gain

Collaboration, Creativity, Communication, Storytelling, Persuasive Communication, Cultural Sensitivity, People Management, Influencing, Decision Making, Social Skills, Team Management, Team Building, Innovation, and Presentations

What you'll learn

  • Demonstrate an understanding of how entrepreneurs can develop new venture ideas.

  • Examine a potential market opportunity and evaluate its viability.

  • Demonstrate an understanding of the concepts of entrepreneurial leadership and team building.

  • Develop a plan for identifying and securing early adopter customers for a new venture.

Skills you'll gain

Value Propositions, Entrepreneurship, Market Analysis, Customer Insights, Market Opportunities, Team Building, Business Strategy, Leadership, Business Modeling, Ideation, Resource Management, New Business Development, and Strategic Planning

What you'll learn

  • Design a go-to-market strategy to approach initial customers.

  • Develop financial projections for the new venture.

  • Develop a plan for raising equity capital for the new venture.

  • Operate and monitor the new venture’s health and scalability.

Skills you'll gain

Entrepreneurial Finance, Revenue Forecasting, Financial Forecasting, Growth Strategies, Go To Market Strategy, Business Planning, Business Development, Sales Presentations, Entrepreneurship, Business, Business Strategies, Cash Flow Forecasting, Financial Planning, Presentations, Management Training And Development, Business Modeling, Customer Acquisition Management, Team Management, Financial Modeling, and New Business Development

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Build toward a degree

This Specialization is part of the following degree program(s) offered by University of Illinois Urbana-Champaign. If you are admitted and enroll, your completed coursework may count toward your degree learning and your progress can transfer with you.¹

 

Instructors

Raj Echambadi
University of Illinois Urbana-Champaign
1 Course68,084 learners
Jeffrey Loewenstein
University of Illinois Urbana-Champaign
3 Courses42,874 learners
Jack Goncalo
University of Illinois Urbana-Champaign
7 Courses41,092 learners

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