Simulating Innovation: Using SimVenture Validate to Develop Innovation Literacy in Bioscience Enterprise

Abstract

This review explores the use of SimVenture Validate in a bioscience enterprise module aimed at enhancing innovation literacy. Through engagement with the Business Model Canvas, students develop interdisciplinary and enterprise skills. Student feedback has been positive, particularly in highlighting the platform’s ability to create a structured, experiential learning environment. Although this trial focused on the biosciences, the interface appears adaptable for use across a wide range of disciplines where innovation and value creation are important. While the platform effectively simulates innovation processes, the review also highlights the need for broader integration of scientific, technical and regulatory contexts, in order to enrich the overall learning experience where similar discipline-related enhancements would likely be equally important when applying the platform to disciplines beyond business studies.