20451 - FUNDAMENTALS OF INNOVATION AND INDUSTRIAL CHANGE
Course taught in English
Go to class group/s: 31
The course aims to provide the tools for understanding and analyzing innovation and industrial change. Topics to be discussed include the relationship among innovation, eco-nomic growth and economic development; the economics of patents and intellectual pro-perty rights; the role of innovation in the dynamics and evolution of industries; the rela-tionships between science and technology; the innovative enterprise, the new innovative start-ups ; the role of public policies with respect to innovation and industrial change.
Some introductory notions in basic microeconomics and industrial organization are required.
The class format is a mix of lectures and discussions. Students are expected to partici-pate actively in the discussions and to read the assigned material for each topic before class.
Seminars and student presentations on specific issues and technologies are organ-ized during the course.
- Introduction to innovation and industrial change.
- Market structure and innovation.
- Evolutionary theory of innovation and industrial change.
- The firm: learning, competence and innovation.
- Innovation in sectors.
- Innovation and industrial dynamics.
- Models of innovation and industry evolution.
- Demand and innovation.
- Measuring innovation.
- Patents and innovation.
- The decision to patent.
- Economics of science.
- The diffusion of innovation.
- Public policy for innovation and technology diffusion.
The exam consists of a written final exam and a paper.
The final mark is based on both final exam and the paper.
A list of readings is made available at the beginning of the course.