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Detailed information about the module

Module title:

Economics of Innovation

Module title (english):

Economics of Innovation

Module number:

88-021-SRI01-H-0717

Level:

Master (UNI)

Course of study:

Type:

Modul

Organising faculty/Language Center:

Wirtschaftswissenschaftliche Fakultät

Instructors responsible:

Wiederhold, Simon

Examiners:

Credit points (ECTS):

competencies/skills:

• Students develop the ability to apply modern empirical methods for analyzing the innovation process.
• After successfully passing the module, students can describe the various stages of the innovation process, that is, invention, innovation, and diffusion.
• Students develop the ability to understand and assess the role of governments and financial markets for innovation and entrepreneurship
• Students apply the gained knowledge to assess the social and economic consequences of the diffusion of new technologies, such as the impact of broadband Internet on social capital and labor-market success.

course content/topics:

? Invention: How to protect new knowledge?
? Innovation
? Financing innovation and entrepreneurship
? Who is more innovative: large firms or small firms?
? Human capital theory and entrepreneurship
? Regional innovation policies
? Supply-side innovation policies
? Demand-side innovation policies
? Diffusion of new technologies
? General Purpose Technologies
? Non-monetary effects of technology diffusion
? Impact of new technologies on social and economic outcomes
? Skill-biased technological change

formal requirements of admission:

recommended qualifications:

Basic knowledge in microeconomics and statistics

Lehr- und Lernformen/Lehrveranstaltungstypen:

- Lecture
- Tutorial

requirements for the attainment of ECTS points:

? Portfolio after the end of the semester instruction period (there is no second exam!)
? Portfolio creation period: 2-4 weeks
? Length (overall): 7.5-15 pages
? Language: English
? Contents of the portfolio: The portfolio consists of four tasks, which are picked by the lecturer from the options listed below. Each type of task may appear once, multiple times, or not at all. These are the task types: Theoretical analysis (application and connection of theories, research results, and methods learnt in class), referee report (discussion of the methodology, results, and relevance of research papers; papers may be known or unknown to students), essay (argumentative essay on current and relevant questions related to the economics of innovation), research proposal (development, description, and discussion of an original research idea related to an innovation topic)

workload/distribution of ECTS points within the module:

28 h = Time of attendance lecture
30 h = Preparation and postprocessing lecture
28 h = Time of attendance tutorial
24 h = Preparation and postprocessing tutorial (including the case study)
40 h = Portfolio creation
150 h = Total workload

calculation of module marks:

Portfolio 100 %

teaching/learning method:

compatibility with other courses of study:

Turnus des Angebots:

Beteiligte Fachgebiete:

Bemerkung: