Entrepreneurship
Entrepreneurship
https://entrepreneurship.rice.edu/entrepreneurship-minor
Liu Idea Lab for Innovation and Entrepreneurship (Lilie) 130 Cambridge Office Building
Yael Hochberg
Program Director
hochberg@rice.edu
Hesam Panahi
Minor Advisor
hpanahi@rice.edu
The Entrepreneurship minor provides Rice students with a pathway to pursue rigorous and interdisciplinary study in the field of innovation and entrepreneurship, enabling students to understand the theory and frameworks behind different disciplinary aspects of entrepreneurship and how to apply these theories to develop and scale innovative solutions to societal problems.
At the heart of the Entrepreneurship minor is the entrepreneurial process and mindset. This structured process has its origins in decades of research exploring the process for commercialization of new technologies and the launching of new ventures. The process includes identifying an unmet user and customer need, articulating a value proposition, developing a strategy to bring new concepts to market, designing a sustainable business model, assessing market traction, communicating a vision to key stakeholders, and building and managing appropriate teams. The process involves the mastery of theory-driven frameworks, tools and competencies, and, as in engineering and the sciences, the practical application of these theories.
As a joint offering with the George R. Brown School of Engineering and Computing, the Entrepreneurship minor is an interdisciplinary course of study drawing on multiple disciplines, with oversight from Rice Business and, specifically the Virani Undergraduate School of Business. The campus-wide, multi-disciplinary Liu Idea Lab for Innovation and Entrepreneurship (Lilie), serves as a home for the minor.
Dean
Peter Rodriguez
Program Director
Yael Hochberg
Advisory Committee
Yael Hochberg
Haiyang Li
Marcia O'Malley
Hesam Panahi
Moshe Vardi
Rafael Verduzco
Affiliated Faculty
Sabia Abidi, Bioengineering
Zach Ellis, Entrepreneurship
Yael Hochberg, Finance
Kyle Judah, Entrepreneurship
Diana Massaro, Entrepreneurship
Elena Naids, Entrepreneurship
Hesam Panahi, Entrepreneurship
Sophie Randolph, Entrepreneurship
Patrick Ray, Entrepreneurship
Douglas A. Schuler, Entrepreneurship and Public Policy
Remington Tonar, Entrepreneurship
Adam Wulf, Entrepreneurship
For Rice University degree-granting programs:
To view the list of official course offerings, please see Rice’s Course Catalog.
To view the most recent semester’s course schedule, please see Rice's Course Schedule.
Entrepreneurship (ENTR)
ENTR 220 - INTRO TO DESIGN AND INNOVATION
Short Title: INTRO TO DESIGN AND INNOVATION
Department: Entrepreneurship
Grade Mode: Standard Letter
Course Type: Lecture/Laboratory
Credit Hours: 3
Restrictions: Enrollment is limited to Undergraduate, Undergraduate Professional or Visiting Undergraduate level students.
Course Level: Undergraduate Lower-Level
Description: Dive into human centered design and innovation as a way to build new products and services. This course is experiential, project-based, and collaborative. You'll try out different methods for uncovering human needs, make sense of data you gather from the field, and build and test your ideas. After taking this course, you'll walk away with the skills, methods, and mindset to use design and innovation to make impact in any career path you pursue.
ENTR 222 - AI AND TECH PRODUCT DEVELOPMENT
Short Title: AI & TECH PRODUCT DEVELOPMENT
Department: Entrepreneurship
Grade Mode: Standard Letter
Course Type: Lecture/Laboratory
Credit Hours: 3
Restrictions: Enrollment is limited to Undergraduate, Undergraduate Professional or Visiting Undergraduate level students.
Course Level: Undergraduate Lower-Level
Description: AI hasn't just changed what products are possible; it's changed how you build them. This course teaches product management fundamentals from concept to prototype while using AI as a research engine, synthesis tool, and rapid-prototyping partner, compressing months of discovery into days and turning ambiguous ideas into testable products at startup speed.
ENTR 223 - BUSINESS MODELING FOR ENTREPRENEURS
Short Title: MODELING FOR ENTREPRENEURS
Department: Entrepreneurship
Grade Mode: Standard Letter
Course Type: Lecture/Laboratory
Credit Hours: 3
Restrictions: Enrollment is limited to Undergraduate, Undergraduate Professional or Visiting Undergraduate level students.
Course Level: Undergraduate Lower-Level
Description: This course teaches students to translate a startup business plan into a bottom-up quantitative model of the business and its underlying assumptions. Students learn to build a model of cash flows for a startup, use it to track performance and identify errors in the underlying assumptions, and update the model based on real results.
ENTR 361 - COMMUNICATIONS FOR ENTREPRENEURS
Short Title: ENTREPRENEURIAL COMMUNICATION
Department: Entrepreneurship
Grade Mode: Standard Letter
Course Type: Laboratory
Credit Hours: 3
Restrictions: Enrollment is limited to Undergraduate, Undergraduate Professional or Visiting Undergraduate level students.
Course Level: Undergraduate Upper-Level
Description: Entrepreneurial Communication focuses on how communication drives action in startup and high growth environments. In early stage ventures, unclear messaging can stall progress, while effective communication can unlock resources, alignment, and momentum. This course equips students to communicate with purpose across key audiences including teammates, investors, and mentors. Through hands on practice, students will learn to navigate ambiguity, influence decisions, and move ideas forward throughout the venture lifecycle.
ENTR 365 - DESIGN BUILD SHIP: RAPIDLY BUILDING STARTUP IDEAS
Short Title: DESIGN BUILD SHIP
Department: Entrepreneurship
Grade Mode: Standard Letter
Course Type: Lecture/Laboratory
Credit Hours: 3
Restrictions: Enrollment is limited to Undergraduate, Undergraduate Professional or Visiting Undergraduate level students.
Course Level: Undergraduate Upper-Level
Prerequisite(s): BUSI 220 or ENTR 220 or BUSI 222 or ENTR 222 or BUSI 369 or ENTR 369
Description: Design Build Ship is an opportunity to put your ideas to test in weeks, not months. Using rapid prototyping tools to build physical and digital ideas, you will explore new startup ideas with prototypes that you test with users. You will refine your strategy, idea, and prototype based on feedback. To apply for this course visit http://entrepreneurship.rice.edu Instructor Permission Required.
ENTR 369 - NEW ENTERPRISES
Short Title: NEW ENTERPRISES
Department: Entrepreneurship
Grade Mode: Standard Letter
Course Type: Lecture/Laboratory
Credit Hours: 3
Restrictions: Enrollment is limited to Undergraduate, Undergraduate Professional or Visiting Undergraduate level students.
Course Level: Undergraduate Upper-Level
Description: Startups live or die by one question: does anyone actually want this? New Enterprises is your chance to find out. This course is experiential, team-based, and grounded in real customer discovery. You'll pick an idea, interview real customers, frame a problem worth solving, and design and run experiments to test whether your idea holds up. Based on what you learn, you'll decide whether to keep going, pivot, or stop. You'll walk away with the skills and mindset to think like an entrepreneur, whether you start your own venture, join one, or work inside a larger organization.
ENTR 463 - ENTREPRENEURIAL STRATEGY
Short Title: ENTREPRENEURIAL STRATEGY
Department: Entrepreneurship
Grade Mode: Standard Letter
Course Type: Seminar
Credit Hours: 3
Restrictions: Enrollment is limited to Undergraduate, Undergraduate Professional or Visiting Undergraduate level students.
Course Level: Undergraduate Upper-Level
Description: The first half of this course provides an integrated strategy framework for entrepreneurs. The course is structured to provide a deep understanding of the core strategic challenges facing start-up innovators, and a synthetic framework for choosing and implementing entrepreneurial strategy in dynamic environments, as well as a general understanding of the financing options for early stage startups, including angel investment, accelerators, crowdfunding and the venture capital industry. The course identifies the types of choices that entrepreneurs must make to take advantage of a novel opportunity and the logic of particular strategic commitments and positions that allow entrepreneurs to establish competitive advantage. The second half of the course explores common dilemmas faced by founders surrounding team selection, contracting, equity compensation and incentives, communication in teams, and strategies for approaching each of these dilemmas. The course combines interactive lectures, speakers and case analyses. The cases and assignments offer an opportunity to integrate and apply the principles taught in the course in a practical way, and draws from a diverse range of industries and settings.
Description and Code Legend
Note: Internally, the university uses the following descriptions, codes, and abbreviations for this academic program. The following is a quick reference:
Course Catalog/Schedule
- Course offerings/subject code: ENTR
Home School Description and Code
-
Rice Business: JS
Home Department (or Program) Description and Code
- Entrepreneurship: ENTR
Undergraduate Minor Description and Code
- Minor in Entrepreneurship: ENTR
CIP Code and Description1
- ENTR Minor: CIP Code/Title: 52.0701 - Entrepreneurship/Entrepreneurial Studies
| 1 | Classification of Instructional Programs (CIP) 2020 Codes and Descriptions from the National Center for Education Statistics: https://nces.ed.gov/ipeds/cipcode/. |
