Prosperity, Innovation and Entrepreneurship MSc

UCL (University College London)

The Prosperity, Innovation and Entrepreneurship MSc prepares you to become one of a new generation of global leaders and entrepreneurs. At the core of our course is the concept of transformative entrepreneurship, which involves the development and implementation of innovations to address the causes and consequences of environmental degradation, economic inequality and social injustice. Transformative entrepreneurship is at the heart of this degree. This involves the implementation of innovations that address the causes and consequences of environmental degradation as well as economic and social inequality. Entrepreneurship is widely associated with the promise of technological innovation and the emergence of new markets. Concepts such as social, sustainable, and community enterprise explore the potential of market actors and mechanisms to advance positive social and environmental change. The notion of transformative entrepreneurship takes these a step further by examining the potential for entrepreneurship to provoke fundamental systemic change in the service of inclusive prosperity. The Prosperity, Innovation and Entrepreneurship MSc will allow you to explore both the research and practice of transformative entrepreneurship. Conceptually, it provides a broad understanding of entrepreneurship as a practice, policy, intervention and institution. It also gives you an opportunity to critically explore both the promise and limits of entrepreneurial activity to provoke societal, economic, environmental and political change. Moreover, because standard notions of entrepreneurship are dominated by Western conceptions of markets and market activity, the course encourages different perspectives and forms of enterprise attuned to a variety of contexts and lived experiences. In this way, the course offers you the chance to embrace a genuinely global notion of transformative entrepreneurship. Practically, the course equips you with skills for evaluating the impact of social entrepreneurship, design thinking, prototyping with enterprise stakeholders, and values-based leadership. This transdisciplinary course is not a standard business, economics or development degree. It is designed for individuals with a strong personal vision for social, economic and transformation, and the ambition to realise it through innovation and entrepreneurship. We are especially interested in students with diverse knowledge and abilities with a desire to work as part of a dynamic and inclusive community of entrepreneurs, organisational change makers and social innovators. This programme is also available on a modular (flexible) basis, with a duration of 5 calendar years.