Public Entrepreneurship and Innovation

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Public Entrepreneurship and Innovation

Overview

Public entrepreneurship is an alternative, inventive approach for leading change in public realms. This course is designed for future private entrepreneurs and public leaders who want to build new ventures operating in, or selling into, traditionally public domains. The last few years have seen a wave of new public entrepreneurs start companies that sell to government institutions, or directly to citizens, and a growing interest in these companies by ventures funds and other investors. Supporting these public entrepreneurs are the ecosystem partners making impact investments in this space, training technologists to work in it, and providing accelerator and incubator opportunities for start-up efforts – the course will help students evaluate and prepare for careers as public entrepreneurs across all three sectors.

Description

Learning Mode

Classroom

Study Level

Certificate Course

Duration

7 days

Course Delivery

Intensive

Start Date

22nd September, 2020

Cost

£350 per module

Campus

London

Description

Public entrepreneurs build something from nothing with resources – be they technologies, financial capital, human talent, or new rules – they do not command. Public entrepreneurs lead private companies or government sectors. In both cases, they borrow from the skills, strategies, and cultures of private entrepreneurship, and adapt best practices into contexts with high levels of public engagement and scrutiny, unique political opportunities and risks, and diverse and entrenched stakeholders.

The course looks at these special contexts and encourages students to see them not as potential obstacles, rather, to address them creatively as potential drivers of value and progress. The course covers themes and features cases with questions and dilemmas of both private entrepreneurs and public leaders.

objectives

This course is designed to introduce the concept, as well as engage students and their tutor in a joint learning experience of this field. Through this course, students will:

  • Be exposed to the concept of public entrepreneurship.
  • Understand and develop the entrepreneurial frame of mind.
  • Understand the elements needed to create an enterprise or successful project.
  • Be encouraged to see potential obstacles of public entrepreneurship, when addressed creatively, as potential drivers of value and progress.
  • Understand the role of public entrepreneurs in the society.

Courses Curriculum

Module 1

Concept of public entrepreneurship in the three-tier government

Module 2

Themes and features of public and private enterprises

Module 3

Comparative analysis of public and private entrepreneurs and entrepreneurship

Module 4

Dilemmas and obstacles of both private entrepreneurs and public leaders

Module 5

Stakeholders in public entrepreneurship

Module 6

Building career in public entrepreneurship

Module 7

Adapting private entrepreneurial culture in public entrepreneurship

Module 8

Private ventures marketable in traditional public sector: case studies

Module 9

Role of public entrepreneurs in the society

Module 10

Ethical choices in public leadership

Module 11

Policy modelling in public entrepreneurship

Module 12

Business and government

Module 13

Innovation and sustainability in public entrepreneurship

Module 14

Techniques for driving economic growth and development in public entrepreneurship

Module 15

Behavioral and institutional economics of public and private institutions

Module 16

Revenue challenges and management in public entrepreneurship

Key Benefit

  • This course explores the ability to think creatively within a business frame of mind.
  • Students are encouraged to see the unique problems of public entrepreneurship as opportunities.
  • The equips students with the capacity to enter, understand, and bring new ideas to market.
  • The course promotes synergy, the working together of two or more like minds with entrepreneurship skills to produce a huge success.
  • An enhanced appreciation for the characteristics and motivations of entrepreneurs and intrapreneurs.
  • Public leaders, private entrepreneurs, and ecosystem partners will come to enliven the cases in class, to provide career guidance, and to provoke new questions.
  • Outlines how to distinguish between an idea and an opportunity.
  • The course also addresses how to: pursue a business opportunity, build a team, plan, raise money, create financial projects, establish metrics, and successfully grow a venture.
  • Participants will learn how to write a business plan, seek and ask for funding, and launch a new business or project.

Teaching Outcomes

After studying this course, students should be able to:

  • Understand the concept of public entrepreneurship.
  • Appreciate the role of public entrepreneurs and how they borrow from the skills, strategies, and cultures of private entrepreneurship, and adapt those best practices into contexts with high levels of public engagement and scrutiny, unique political opportunities and risks, and diverse and often entrenched stakeholders.
  • Gain knowledge of the challenges and dilemmas of both private entrepreneurs and public leaders.

Teaching Methods

The Teaching Methods For This Course Include:

  • Individual or group activity on a topic area of interest to the students pertaining to cooperative and social enterprise.
  • Daily discussion and reflection questions on readings.
  • Short activities to support readings.
  • Daily journals for students to engage in discussions with their peers.

Fees and funding

Level 1

£1,250

Level 2

£1,950

Please submit your application at least two weeks prior to the programme start date. Since qualified candidates are admitted on a rolling, space-available basis, early application is encouraged. Admission is selective and based on professional achievement and organisational responsibility. Although there are no formal educational requirements, proficiency in written and spoken English is essential. LSSE expects the full commitment of the participant and their organisation because our programmes enhance the leadership capacity of the participant as well as their organisation. While participants are attending a programme, sponsoring organisations agree to relieve them of their work responsibilities so that they can fully focus on the learning experience.
This course is accredited and, to be awarded credit, you must satisfactorily complete written components. Successful students will receive credit, awarded by the Board of Studies of London School of Social Enterprise and International Affiliates. The award will take the form of an Advanced Certificate. Exceptional students will be recognised.

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