ECONOMICS OF INNOVATION
- Overview
- Assessment methods
- Learning objectives
- Contents
- Full programme
- Delivery method
- Teaching methods
- Contacts/Info
Suggested pre-requisites:
Basic knowledge of mathematics, microeconomics and statistics.
The exam will consist of 2 “exercises” (composed of a series of numerical and/or multiple-choice questions), and 2 “open questions” to be filled with text.
The exercises and questions must be answered in 2 hours and will concern all the topics covered during the lectures
Students will have the option to participate to a workshop, organized at the end of the course, in which students will present a work/project that will contribute to their final grade.
In case of positive evaluation, students presenting in the workshop will have the option to answer only 2 (1 open question and 1 exercise) out of 4 questions/problems during the final written exam in 1h.
No partial exams will be scheduled at the end of each module.
Technological innovation has been always considered an important driver of economic growth.
The objective of this course is to offer an introduction to the main topics of the Economics of Innovation, by providing the main concepts and tools to understand and interpret the main economic drivers and consequences of technical change.
At the end of the course the students will be able to:
1. autonomously interpret and critically discuss several topics related to the Economics of Innovation such as:
• What is innovation and how do we measure it?
• What is the link between innovation and economic growth?
• What is the relationship between patents and innovation?
• What role governments and universities play in the innovation ecosystem?
• How does firm competition impact on innovation?
2. to visualize and analyze innovation data using several statistical techniques and econometric tools applied on different data sources.
3. to review the literature, collect data and produce descriptive empirical analysis to shed light on some specific issues;
4. to develop and strengthen skills in preparing public oral presentations and to sharpen their critical thinking.
Innovation and firms
• Innovation: basic concepts and definitions
• Innovation in the history of economic thought.
• Innovation, markets and firm performances.
• Innovation appropriability and IPRs.
Innovation, industries and governments
• Financing of innovation and market failures
• Innovation systems
Innovation diffusion
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Frontal lectures
The syllabus can be subject to modifications and changes during the course. Please check periodically the course page on e-learning for possible changes and communications from the instructor.
Professors
Borrowers
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Degree course in: GLOBAL ENTREPRENEURSHIP ECONOMICS AND MANAGEMENT