## Summary The "Why EITT?" class examines the relationship between entrepreneurship, innovation, and technology transfer. It highlights that startups are temporary organizations created to search for a repeatable business model, rather than to follow an established plan as large companies do. The course introduces four main tools (Business Model Canvas, Agile Development, Customer Development, and AI) to support this process. Through several distinctions, students learn that having a business model helps manage uncertainty more effectively than relying on a strict business plan or a single idea. The course also explains that using agile methods with customer development is more suitable for testing market needs compared to traditional waterfall product development. The curriculum encourages an entrepreneurial mindset that emphasizes personal initiative. Teams are prepared to organize in flexible ways and consider different outcomes, such as financial return or social impact, as they work to move research toward value creation. ## Class Activities > [!SUCCESS] [Feedback on IP Module](https://docs.google.com/forms/d/e/1FAIpQLSdmDEndvq1cynDM4kmWu8meYFb8nKl8dUXbPr-zFqjzM29saQ/viewform?usp=dialog) > [!SUCCESS] [Public Forum Debate 1](https://docs.google.com/forms/d/e/1FAIpQLSe6rFnxMV9OtntgYlNz6ivb6TE5RZGh06gL_MQgOxCyHVemOg/viewform?usp=publish-editor) > [!SUCCESS] [Public Forum Debate 2](https://docs.google.com/forms/d/e/1FAIpQLSc5dOLVs0KuugmPZf9HI-kdc1zqiP7HSrxKC5LyZjjQgQxaig/viewform?usp=publish-editor) > [!SUCCESS] [Public Forum Debate 3](https://docs.google.com/forms/d/e/1FAIpQLSdH9kh-Kj9KWRWZVEoeS6N4ID5p3c27JgmfiB10axX2jsQcOg/viewform?usp=publish-editor) ## Topics - [[Key Concepts on EITT]] ## Work for Next IClass - Watch Lesson 4 ([Business Models and Customer Development, Part 1](https://learn.udacity.com/ep245?version=1.0.3&lessonKey=dcec0213-1521-4339-b3bd-95118a665cfa&conceptKey=1ee68f39-c024-4c0c-b090-11a4aefc5f57)) of Udacity’s course on How to Build a Startup - Interview experts on your technology or technologies - Find valuable applications for the technologies - Identify the resources you already have for these applications Next: [[IClass04 - Developing an Innovation Mindset and An Introduction to the Business Model Canvas]] Back to [[Entrepreneurship, Innovation and Technology Transfer (EITT)|EITT Home]]