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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4.8

(1,388 reviews)

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

(1,388 reviews)

Beginner level
No prior experience required
3 months
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
Recently updated!

February 2025

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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

Category: Innovation
Category: Business Modeling
Category: Product Lifecycle Management
Category: Market Dynamics
Category: Strategic Decision-Making
Category: Team Management
Category: New Product Development
Category: Strategic Partnership
Category: Competitive Analysis
Category: Creativity
Category: Value Propositions
Category: Technology Strategies
Category: Strategic Thinking
Category: Business Strategy

Strategic Innovation: Managing Innovation Initiatives

Course 220 hours4.8 (691 ratings)

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

Category: Innovation
Category: Organizational Structure
Category: Team Management
Category: Corporate Strategy
Category: Strategic Thinking
Category: Organizational Change
Category: Leadership
Category: Technology Strategies
Category: New Product Development
Category: Strategic Leadership
Category: Business Relationship Management
Category: Business Transformation
Category: Entrepreneurship
Category: Organizational Strategy
Category: Cross-Functional Collaboration

Creativity Toolkit I: Changing Perspectives

Course 320 hours4.8 (615 ratings)

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

Category: Creativity
Category: Initiative and Leadership
Category: Persistence
Category: Creative Thinking
Category: Open Mindset
Category: Brainstorming
Category: Adaptability
Category: Innovation
Category: Collaboration
Category: Organizational Leadership
Category: Curiosity
Category: Self-Motivation
Category: Culture Transformation
Category: Constructive Feedback
Category: Motivational Skills
Category: Creative Problem-Solving
Category: Team Motivation

Creativity Toolkit II: Creative Collaboration

Course 421 hours4.7 (391 ratings)

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

Category: Creativity
Category: Communication
Category: Collaboration
Category: Persuasive Communication
Category: Presentations
Category: Cultural Diversity
Category: Team Building
Category: Decision Making
Category: Innovation
Category: Team Management

Entrepreneurship I: Laying the Foundation

Course 518 hours4.8 (1,237 ratings)

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

Category: Value Propositions
Category: Entrepreneurship
Category: Customer Analysis
Category: Team Building
Category: Market Analysis
Category: Market Opportunities
Category: Leadership
Category: Business Modeling
Category: Strategic Thinking
Category: Business Development
Category: Business Strategy
Category: New Business Development

Entrepreneurship II: Preparing for Launch

Course 616 hours4.8 (729 ratings)

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

Category: Financial Forecasting
Category: Key Performance Indicators (KPIs)
Category: Customer Acquisition Management
Category: Go To Market Strategy
Category: Fundraising
Category: Growth Strategies
Category: New Business Development
Category: Entrepreneurship
Category: Business Planning
Category: Financial Analysis
Category: Business Modeling
Category: Presentations
Category: Business Strategies
Category: Team Management

Instructors

Raj Echambadi
University of Illinois Urbana-Champaign
1 Course63,897 learners
Jeffrey Loewenstein
University of Illinois Urbana-Champaign
3 Courses41,019 learners
Jack Goncalo
University of Illinois Urbana-Champaign
7 Courses39,363 learners

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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

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