Entrepreneurship is becoming a critical corporate capability as we see more disruptive and radical innovation. The Corporate Entrepreneurship track (CORP) offers students an opportunity to develop their entrepreneurial capabilities through running an innovation project within a partner company, together with dedicated faculty and company mentors.
This track is a part of the master’s programme Entrepreneurship and Business Design. For information about the programme and how to apply, please visit the programme webpage..
Within the CORP track, students acquire entrepreneurial skills through developing innovation and handling complexities within large firms. During the second year, students work in pairs and operatively run an innovation project while at the same time learning how to handle organizational relationships. While being primarily operative, the projects are also anchored in the top management and there seen as a tool for infusing more entrepreneurial capabilities throughout the organization.
This track focuses on the role and skills of being entrepreneurial within an established organizational context. This includes connecting technologies to new customers and needs while mobilizing resources and anchoring opportunities in a corporate setting. Mentoring and peer-learning in this track focus upon how to manage relationships, how to communicate both externally and internally, and how to manage and organize for innovation and change.
Entrepreneurial Leadership Lab
The Corporate Entrepreneurship track is part of the Entrepreneurial Leadership Lab run by the Center for Higher Ambition Leadership at Chalmers, together with corporate partners. The purpose of the lab is to enable partner firms to become more innovative and entrepreneurial, and to learn and to rethink together with faculty and students. In one-year partnerships linked to the lab, two students will take on a more disruptive innovation project as their thesis-work.
The benefits of the lab are many. Companies get access to action-oriented faculty with entrepreneurial and corporate experience. It opens up a chance to try out new ideas and improve the business while getting to know ambitious students from Chalmers. And most importantly, students will learn at a rapid pace.
The lab enables more radical projects to progress in partner organizations while offering an experiential and reflective education into how to drive innovation and renewal. The Entrepreneurial Leadership Lab has worked with companies from the automotive industry, medtech, energy, media, to name a few.
Running a project for an entire year
During the first year of the program, you are offered to be involved in attracting corporate partners for the Entrepreneurial Leadership Lab. During the second semester you pursue the project-based Idea Evaluation course which also results in them being paired up and assigned a corporate partner to run an innovation project. Starting in September this project constitutes the main foundation for a one-year master thesis. Apart from being at the corporate partners and in the field connecting with new customers etc., you are also expected to be regularly in the school environment for joint reflective and learning sessions. Running a project for an entire year offers you intense learning in how to navigate through different hurdles and to progress an innovation project.
Students from this track have great opportunities for leading roles and positions in large corporations in all areas. Graduates from this track typically have roles within business development and as project managers or in other managerial roles. Many students have been hired by the partner company they have worked with in order to continue developing the project started during the education. Some also use their gained entrepreneurial capabilities to start and run their own companies.