Course 2026-2027 a.y.

21127 - ENTREPRENEURSHIP IN THE AGE OF AI

Department of Management and Technology


Course taught in English
Go to class group/s: 31
ACME (6 credits - II sem. - OP  |  SECS-P/06) - AFM (6 credits - II sem. - OP  |  SECS-P/06) - AI (6 credits - II sem. - OP  |  SECS-P/06) - CLMG (6 credits - II sem. - OP  |  SECS-P/06) - DSBA (6 credits - II sem. - OP  |  SECS-P/06) - EMIT (6 credits - II sem. - OP  |  SECS-P/06) - ESS (6 credits - II sem. - OP  |  ECON-04/A  |  SECS-P/06) - FIN (6 credits - II sem. - OP  |  SECS-P/06) - GIO (6 credits - II sem. - OP  |  SECS-P/06) - IM (6 credits - II sem. - OP  |  SECS-P/06) - MM (6 credits - II sem. - OP  |  SECS-P/06) - PPA (6 credits - II sem. - OP  |  SECS-P/06)
Course Director:
CEDRIC GUTIERREZ MORENO

Classes: 31 (II sem.)
Instructors:
Class 31: CEDRIC GUTIERREZ MORENO


Suggested background knowledge

No formal prerequisites.

Mission & Content Summary

MISSION

Artificial intelligence is transforming how new ventures are created, financed, and scaled. This course covers the fundamentals of entrepreneurship through the lens of artificial intelligence. Students will explore how AI changes each stage of the entire venture lifecycle, from opportunity recognition to scaling and exit. The approach is hands-on: students identify entrepreneurial opportunities, develop hypotheses, design experiments, and make decisions based on evidence rather than intuition. The course combines rigorous analytical frameworks with practical AI labs and a team venture project. Students will gain conceptual frameworks, practical AI skills and critical judgment to design and lead new ventures in the age of artificial intelligence.

CONTENT SUMMARY

The course is organized into five blocks:


Block 1: Foundations. The entrepreneurial mindset and the AI moment; opportunity recognition; AI strengths and limitations, including a map of the AI toolkit for entrepreneurs.
Block 2: From idea to business. Customer discovery and validation; AI Lab 1 on synthetic personas and interview design; value propositions and business models; AI business models and AI product design; AI Lab 2 on qualitative analysis; the entrepreneurial strategy compass.
Block 3: Building and funding: Funding AI ventures and the European AI funding landscape; the AI-augmented founding team; guest speaker (a European AI founder).
Block 4: Growing and governing. Scaling and go-to-market; ethics, bias, the EU AI Act, and regulation as strategy.
Block 5: Synthesis. Demo day across two sessions, with peer feedback and course synthesis.


Intended Learning Outcomes (ILO)

KNOWLEDGE AND UNDERSTANDING

At the end of the course student will be able to...

 

  • Understand the core stages of creating an entrepreneurial venture, from opportunity recognition to value proposition design, business model development, funding, and scaling, and the key frameworks that inform decisions at each stage.
  • Explain how AI enables new ventures, reshapes the different stages of creating an entrepreneurial venture, and where it faces fundamental limitations.
  • Recognise the distinctive economics of AI companies and the implications for business model and product design.
  • Understand the main sources of capital available to AI ventures.
  • Understand the main provisions of the EU AI Act and GDPR relevant to entrepreneurial ventures.
  • Recognise the ethical, privacy, and human-impact implications of AI use at each stage of the entrepreneurial journey.

APPLYING KNOWLEDGE AND UNDERSTANDING

At the end of the course student will be able to...

•    Apply a data-driven approach to entrepreneurial decisions: formulate hypotheses, design experiments, interpret evidence.
•    Explain what AI is and evaluate where it enables new ventures versus where it faces fundamental limitations.
•    Use AI tools for persona simulation, interview design, qualitative analysis, and prototyping, and critically assess AI-generated outputs.
•    Navigate the EU AI Act and GDPR, and articulate how regulatory compliance can serve as competitive advantage.
•    Develop, test, and pitch a team venture concept grounded in real customer evidence and rigorous experimentation.
•    Identify the ethical, privacy, and human-impact implications of AI use at each stage of the entrepreneurial journey.


Teaching methods

  • Lectures
  • Guest speaker's talks (in class or in distance)
  • Practical Exercises
  • Collaborative Works / Assignments

DETAILS

Case study discussion. Most sessions combine the lecture with a structured discussion of a venture case, addressing concrete entrepreneurial decisions.

 

Practical Exercises. Two dedicated AI labs (synthetic personas and interview design; qualitative analysis) give students direct experience with AI tools, paired with critical evaluation of AI-generated outputs. 
 

Guest speaker. One session features a European AI founder who shares the practitioner perspective on the topics covered in the course.

 

Collaborative work / team venture project. Teams develop, test, and refine a venture concept throughout the course, applying the frameworks and AI tools introduced in each session. The project ends in a Demo Day (Sessions 15–16) where teams pitch their ventures and provide peer feedback.

 


Assessment methods

  Continuous assessment Partial exams General exam
  • Written individual exam (traditional/online)
    x
  • Collaborative Works / Assignment (report, exercise, presentation, project work etc.)
x    

ATTENDING STUDENTS

Attending students will be assessed through in-class work, a venture project and a written exam.

 

Venture project. Students develop and pitch a venture project that runs across the course. This method verifies that students can apply the course's frameworks and AI tools in practice and contributes to assessing their skills and abilities, including teamwork and communication.

 

In-class work. Students are assessed on the quality of their participation in case discussions and labs and on their ability, in the individual lab critiques, to identify non-obvious failure modes in AI-generated output. This verifies that students can engage critically with the material and exercise sound judgment about AI's possibilities and limits.

 

Written exam. The exam covers the main topics of the course. It verifies that students have acquired the expected knowledge and understanding and can reason critically about how AI applies across the entrepreneurial journey.


NOT ATTENDING STUDENTS

Non-attending students will be assessed through a written exam.


Written exam. The exam covers the main topics of the course. It verifies that students have acquired the expected knowledge and understanding and can reason critically about how AI applies across the entrepreneurial journey.


Teaching materials


ATTENDING STUDENTS

A list of readings will be provided at the beginning of the course.


NOT ATTENDING STUDENTS

All teaching materials are equally accessible to not attending students. The list of readings, provided at the beginning of the course, is available to all students, and the corresponding readings can be accessed through the University library or the course platform. Slides and any additional materials used in class are made available to all students through the University's online learning platform (Blackboard).

Last change 23/05/2026 14:41