The IoT and blockchains
In the Incubator 2 course, students explore the role of the IoT in optimizing processes and improving customer experience. They also gain an understanding of how a blockchain ensures transaction security and can automate processes through the use of smart contracts.
By virtue of hands-on projects, students bridge the gap between theory and practice by applying these technologies to real-life business challenges. For example, a student working on a project involving solar panels and wanting to ensure he doesn’t order any duplicate parts can use a smart contract, which will help him keep track of the parts and prevent fraud and theft.
Blockchain was a complex topic that this course helped to clarify. Understanding its applications for secure transactions and smart contracts was particularly beneficial.
– Another anonymous student in response to the survey conducted at the end of the semester
The IoT component has been incredibly instructive. I now understand how interconnected devices can significantly improve business operations and customer experience.
– Another anonymous student in response to the survey conducted at the end of the semester
VR and AR
VR and AR have great potential to enhance customer experience. For instance, VR enables a potential buyer of a luxury watch to “get inside” the mechanism to appreciate the precision and craftsmanship. Similarly, VR can assist an interior designer’s customers to visualize their future kitchen before renovations even begin.
In the classroom, students can experience this firsthand by stepping into the shoes of a customer, which enables them to better understand the customer experience.
Agile methods, design thinking, and the SCRUM framework
Integrating emerging technologies goes beyond tools — it requires an agile methodology to enable effective and iterative adoption in entrepreneurial projects.
Students come into the course with a basic knowledge of agile principles, design thinking, and the SCRUM framework, but they have never had a course on these topics. Among other things, the course teaches them how these working methods can be applied to marketing and management. For example, students apply design thinking during the course to develop their business plans.
Throughout the course, students adopt an iterative approach. By applying agile principles, they test and refine their ideas through cycles of continuous improvement. For example, one student used the SCRUM framework to structure the various stages of his startup business project, adapting his decisions based on user feedback obtained after each sprint.
Adopting agile methodologies has changed the game. It helped me improve collaboration and understand how to respond quickly to market changes.
– Another anonymous student in response to the survey conducted at the end of the semester.
Learning agile marketing strategies has transformed my approach to campaign development. The ability to adapt quickly to feedback is invaluable.
– Another anonymous student in response to the survey conducted at the end of the semester.
The SCRUM framework has given me essential project management skills.
– Another anonymous student in response to the survey conducted at the end of the semester.
Coaching
In the Incubator 2 course, a mentor with over 25 years of experience in entrepreneurship volunteers to visit the group 5 times during the semester to share her experience and offer guidance. She bridges the gap between theoretical concepts and practical, real-world solutions.
The presence of our coach, Ann Lockquell, and her contribution to the course are invaluable. Ann has a solid credibility in entrepreneurship and an interest in new technologies.
In class, Ann introduces students to design thinking and even leads workshops based on this concept. For example, during the 3rd week of the course, after students have had the opportunity to familiarize themselves with concepts related to AI and design thinking (and creative thinking in general), Ann presents a design thinking activity that challenges them to work in teams on ways of integrating AI into the various departments of a real company (Air Canada, Couche-Tard, etc.). The teams continue their research during the next class and present their findings during the 3rd and final class of the week.
Coaching during the 1st iteration of the revamped course in 2024 was a real success. This year (2025), Thomas will build on the coaching concept to take it a step further. In addition to Ann’s invaluable participation, he’ll organize group problem-solving sessions to encourage collaborative learning and knowledge sharing.
Personal projects (case studies)
The highlight of the course is the strategic use of AI tools in course design and in the real-world case studies of the businesses the students want to launch, or leading companies such as Apple, Airbnb and Tesla. These projects challenge students to analyze real-life challenges faced by these companies and identify shortcomings. They then have to propose innovative and strategic solutions. For example, one group worked on optimizing Airbnb’s logistics by proposing the integration of predictive AI to adjust prices according to local demand. Others applied Apple’s innovation principles to their own startup ideas. This hands-on experience helps students sharpen their critical thinking and problem-solving skills, preparing them to tackle the challenges of modern business.
Using a textbook published under an open license
To enhance students’ understanding of innovation in the modern business landscape, Thomas chose to use the 2nd edition of Leading Innovation, a textbook by Kerri Shields from Centennial College in Ontario. This e-book is available online through eCampusOntario, an extensive library of open educational resources.
Using an OER offers several advantages. Unlike traditional textbooks, an OER is regularly updated to reflect market developments. Moreover, it’s available free of charge, reducing costs for students while giving them flexibility in their learning.
Thomas selected only the chapters that align with the theoretical content required for the course. This makes it the ideal resource for his course!