With a focus on new venture formation, innovation management, and the theory and practice of entrepreneurship, a Ph.D. in Entrepreneurship and Innovation normally takes 4-6 years to finish. The curriculum blends in-depth research that aids in the creation of new business models, technologies, and practices with coursework in entrepreneurial strategy, opportunity recognition, venture finance, and innovation processes. Both qualitative and quantitative research techniques are taught to the students. A background in business, economics, or a similar discipline is typically required for admission. Graduates work as consultants for new and existing businesses, in corporate innovation departments, in entrepreneurial endeavors, or in academia.