Master in Entrepreneurship and Innovation (professionnel)

> Teaching language: English

Entrepreneurship has become an increasingly popular term that can be evidenced in different spheres of the economy and society.  More commonly, entrepreneurial behaviours are associated with new start up ventures where risk, ownership and management are combined to exploit new market or technological opportunities.  But such activities can also be seen in corporate, social, public, civic, community and small business contexts to reflect organizational efforts to sustain competitive advantage, uniqueness and novelty.  This is partly because the twenty-first century is characterized by a fast moving, competitive and global economy. Sustaining a competitive advantage requires that individuals, companies and nations are able to anticipate and stimulate (rather than merely manage)  change.  

Entrepreneurship is about exploiting ambiguities and contingencies.  More importantly, entrepreneurship is about experiencing a tension between ‘what is’ in the present and ‘what should be’ in the future – and then converting that tension into an entrepreneurial problem that can resolve the tension. Such a process demands concepts and knowledge from different disciplines, and the integration of these concepts with the know-how and practical experience of daily business practice.

The programme aims at achieving that integration, optimally balancing theory and know-how.

Interview in Merkur of Denise Fletcher , Study Director of the Master in Entrepreneuship and Innovation

Entrepreneurship is a programme of the Luxembourg Business Academy .