Conclusion

We hope you have enjoyed this short OpenLearn course, First steps in innovation and entrepreneurship. You should now have a clearer view of your pre-existing ideas and assumptions about innovation and entrepreneurship, and be able to see how they compare to those of other people. You should also be able to identify some of the core terms and categories used in innovation and be able to apply them to practical examples. Lastly, you should have started to recognise how the topics of innovation and entrepreneurship are connected and feel more confident about taking your studies to the next stage.

If you are interested in innovation and entrepreneurship, take a look at our undergraduate specialism in this area, BA (Honours) Business Management (Innovation and Enterprise) [Tip: hold Ctrl and click a link to open it in a new tab. (Hide tip)] . You can also view the following introduction to B205 Exploring innovation and entrepreneurship.

Download this video clip.Video player: b205_2016j_vid108.mp4

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Transcript

DR. RICHARD BLUNDEL

From exciting new technologies to life-saving social ventures, our world is constantly being reshaped by innovations of all kinds. Some are relatively modest in their scale. Others have had truly global impact. So what makes a successful entrepreneur? In this Open University module, you’ll examine contrasting case studies, hear from real-world practitioners, and study the factors that influence the development of new ventures, new technologies, social, political, and geographical contexts, teams and leadership.

Today, for example, I’m at the west London factory of the folding bike specialist Brompton.

BROMPTON EMPLOYEE

We started a Brompton Bike Hire scheme. The idea was we’re trying to get more people on our bikes.

DR. MICHAEL NGOASONG

Context can be an opportunity.

PROF. ELIZABETH DANIEL

The Black Sheep Collective is a social enterprise.

BLACK SHEEP COLLECTIVE EMPLOYEE

We nurture new creative talent, with a view to inspiring the next creative generation.

FEMALE INSTRUCTOR

Students don’t just learn about entrepreneurship, but they’re absolutely immersed in it. It’s about active learning.

DR. RICHARD BLUNDEL

You’ll learn key skills, such as negotiation, business model design, and visual communication.

FEMALE INSTRUCTOR

It’s a fantastic experience for real life.

DR. RICHARD BLUNDEL

Which will help you to realise your own innovative ideas on a local, national, or even international scale. Innovation and entrepreneurship with the Open University.

End transcript

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