Developing Innovative Ideas for New Companies: The First Step in Entrepreneurship
Successful ventures rarely begin with a business plan. They begin with an opportunity.
In this course from the University of Maryland, you'll learn how entrepreneurs identify opportunities, evaluate uncertainty, analyze industries, understand customer needs, and create value through innovation.
Whether you're interested in launching a startup, developing a new product, driving innovation within an existing organization, or exploring new venture opportunities, this course provides practical frameworks for evaluating ideas before investing significant time and resources.
You'll learn how to recognize entrepreneurial opportunities, assess risk and uncertainty, evaluate market and industry conditions, identify customer needs, and develop strategies for creating competitive advantage.
Throughout the course, you'll have the opportunity to apply what you learn to a real idea, challenge, or opportunity through a series of optional Opportunity Assessment activities. By the end of the course, you'll have developed a structured approach for evaluating entrepreneurial opportunities and making more informed innovation and venture decisions.
Status: Business Modeling
Business Modeling
Status: Value Propositions
Value Propositions
Beginner·Course·5 hours
Featured reviews
5.0
·Reviewed Jan 21, 2020
Great course! I learned so much about what an entrepreneur is all about. I highly recommend this course if you are planning to start your own business.
5.0
·Reviewed Oct 15, 2016
Think out the Box!!! I liked the course as it provides concrete tools and points to work on innovative ideas generation and opportunities analysis.
5.0
·Reviewed Jul 22, 2021
Teaching was made easy with real life illustrations. It made it easy to understand the course. I had a good time learning this first course.
5.0
·Reviewed Feb 3, 2022
Good one with superficial details. I recommend one example for the entire opportunity analysis so that it helps to solve some doubts while we are making the opportunity analysis for our company.
5.0
·Reviewed Feb 1, 2019
This is very nice course for the people who wants to start their own startup. This course really helps to make different types of decisions.
5.0
·Reviewed May 28, 2020
It is very flexible. The course helps to gather more information and teaches the actual proceedings of how the industry in working at present. The exams and assignments were fun to do too!
4.0
·Reviewed May 30, 2017
Decent content that definitely helped me come up with ideas for my venture throughout the course. The only sort of downside is the monotone professor.
5.0
·Reviewed Nov 23, 2020
I am keep learning new things .So this will helped me a lot to developed a new things and now I am able to take first step to entrepreneurship. Thanks for the team
5.0
·Reviewed Sep 3, 2020
Happy with the content , the course is very well structured for understanding and we also get to set away forward based on our convenience.
5.0
·Reviewed Apr 29, 2020
The course is very good. It provided me a immense knowledge about the entrepreneurship and what it contributes to the entrepreneurs.
5.0
·Reviewed Jul 30, 2020
Sir john green has simplified the course so much that even someone who doesn't have any background in entrepreneurship can understand it.Looking forward to learn more from him.
5.0
·Reviewed Feb 20, 2021
This course gives a spiritual strength to the entrepreneurs by providing the utmost information required to start a business as an entrepreneur.
All reviews
Showing: 20 of 309
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D
Deepthi
5.0
·Reviewed May 29, 2020
It is very flexible. The course helps to gather more information and teaches the actual proceedings of how the industry in working at present. The exams and assignments were fun to do too!
H
Heyman
5.0
·Reviewed Mar 10, 2019
My experience was very good, thank you for designing this course and I hope to put everything I learn into practice in my special coffee project.
R
Robert
5.0
·Reviewed Dec 5, 2017
This is the most enlightening course I've taken since graduating from Ashford University four years ago. I've been looking for the right place to continue my graduate work and if the next 3 courses in this specialization are nearly as good as Dr. Green's First Step in Entrepreneurship, I'll be magnetized to UofMaryland's Technology Entrepreneurship Masters Degree!
C
Cosmos
5.0
·Reviewed Oct 17, 2018
I know nothing about entrepreneurship and after this course I was capable to analyse critically a venture. I learned about risk assessment, competition, customer needs identification and business planning.
Á
Álesson
5.0
·Reviewed Dec 19, 2018
I loved the course, very rich of real cases facilitating the understanding
M
Mario
5.0
·Reviewed Dec 30, 2017
very insightful...lots of examples and sample cases...totally enjoyed it.
A
Adam
1.0
·Reviewed Feb 26, 2017
They push the University of Maryland way too much, the book and the videos have much of the same content. The book that you buy is written by the professor who runs the course which I do not agree with. The book could be more direct in how it gives you the lessons.
N
Noyessie
1.0
·Reviewed Mar 18, 2020
Total waste of time. too superfluous and always try to sell you a book.
An entrepreneur doesn't have time to lost. Please remove this course.
S
Sardar
5.0
·Reviewed Oct 7, 2018
I recommend this course, Extremely knowledgeable, in the beginning i thought it will be just a another book of bore-dome but it covers all the topics and questions in well manner, in every step it proved me wrong and i didn't get up from this course until i had completed it. I am very thank full to "coursera" and Dr, James for this effort.
P
Princess
5.0
·Reviewed Mar 20, 2019
A very extensive course that gives you the right framework and right mindset in developing innovative ideas for new companies. A must for someone who is a learner who has a vision for the future. I highly recommend this course for everyone planning to build
Y
YANAPU
5.0
·Reviewed Oct 19, 2020
Thanks for providing this exceptional material, which clarifies and inspires people to launch their dreams into realities. Never is easy, but having this lectures as a tools to achieve them is great.
J
jeyavishnu
5.0
·Reviewed Feb 4, 2022
Good one with superficial details. I recommend one example for the entire opportunity analysis so that it helps to solve some doubts while we are making the opportunity analysis for our company.
D
Diana
5.0
·Reviewed Feb 9, 2017
thank you very much i did enjoy a lot the all program was relevant to the current situation of the economy i am really great-full for your courses its time for me to do it in practical
S
swarnim
5.0
·Reviewed Jul 31, 2020
Sir john green has simplified the course so much that even someone who doesn't have any background in entrepreneurship can understand it.
Looking forward to learn more from him.
T
TAHIR
5.0
·Reviewed Feb 21, 2021
This course gives a spiritual strength to the entrepreneurs by providing the utmost information required to start a business as an entrepreneur.
A
ABHAY
5.0
·Reviewed Feb 2, 2019
This is very nice course for the people who wants to start their own startup. This course really helps to make different types of decisions.
N
Nirmala
5.0
·Reviewed Mar 26, 2019
Was a very well organized module. Was really more informative than even a few accelerator programs I've been in.
N
Nobel
5.0
·Reviewed Dec 4, 2018
Excellent.....extremely educative with videos and presentations on how a business has to perform.
P
Parth
5.0
·Reviewed Feb 24, 2018
Amazingly insightful course, especially for beginners like me.