This course is intended for those interested in a particular segment of knowledge – the strategic partnership between high growth start-ups and venture capital – that has been vital to financing innovative growth opportunities. For prerequisites, this course does NOT require any prior knowledge in startups or mathematics other than the middle school level algebra. It develops abilities in using analytic frameworks for the valuation of early-stage ideas before financial earnings, and hence does NOT involve any spreadsheet exercise. To gain the entrepreneur’s ideation perspective, students will be paired with a partner of 2 to do most assignments and to ideate on one and the same topic in sequential simulations. Unlike other entrepreneurship/ideation courses, each team does not work on different ideas but rather ideate around the same problem space yet in own style so that the class explore how the variety of possibilities emerge differently across teams from the same problem space, drawing counterfactual insights from micro-VC perspective. Hence, the purpose of mini-ideation exercise is limited to the purpose of collective learning. More importantly, you will learn to understand the logic of VC on the early-stage ideations. Again, there is NO prerequisite whatsoever other than simple algebraic knowledge at the middle school level.

5600184

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This course is tailor-made for students of innovation, to explore key established economic concepts that are specifically relevant to current issues in innovation. Namely, this course is for students who are completely new to economics but whose career may benefit from the CONCEPTUAL understanding of key economic concepts. Therefore, there is NO prerequisites to do well in this course.

To effectuate the learning, instead of subjecting students to the usual principles of economics, the course takes a novel approach to bring students the selected topics from Nobel Lectures in Economic Sciences and bridges students to apply the key concepts to specific problem that innovators are facing in the 21st century.

Instead of focusing on formal derivations or algebraic/calculus-based approaches, students will develop analytic frameworks from the perspective of consultant to apply the established knowledge from economic sciences to the real-world problems in the innovation space. The current issues in Innovation that will be covered includes: Intersubjectivity in Metaverse; The Logic of Agri-Tech and Monsanto; Why do startups incorporate in US/Singapore?; Will the blockchain really empower creators?; Why do governments subsidize innovations?; Elon Musk’s First Principles and Euler Theorem; AI & Robotics with the Elasticity of Substitution; Digital Transformation as Transactions; When outsourcing cloud to Amazon Web Service; Why do TESLA pursue vertical integration?; Oligopolistic Competition by Grab vs. Lineman; Algorithms of Deep Minds & Chat GPT; Psychological Framing in Innovation; Crypto as Asset Class in the Financial Market. The selected topics from Nobel Lectures in Economic Sciences are articulated in the Learning Contents section below.

CHULAS12324-01

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Development of Thai Politics and government; explore political change from the age of absolute monarchy to democratization by focusing on institutions, power structure and conflicts. Discuss major characteristics of thai politics and government; patterns of power relationships, processes of legitimization, value commitments, and behavior relevant to state power, political power, and the allocation of public interests; changes and developments in Thai politics and government and its future prospects.

2400104

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