Economics of Innovation JEM182

Syllabus

This graduate course will introduce students to a critical analysis of the innovation economics and management, its connection to intellectual property rights, entrepreneurship and disruptive technological changes.

At the completion of this course, students will be able to:

1. Understand the way how innovation investments generate new knowledge, technological change and economic growth
2. Apply models of technology innovation to the analysis of opportunities
3. Understand the role of public policies in supporting of innovation activities
4. Identify key obstacles, which could detain innovation performance
5. Understand the business tools to commercialize innovation
6. How innovating firms can use intellectual property rights as a business strategy

Required Reading:

1. [SS] Scotchmer, Suzanne (2004) Innovation and Incentives, MIT Press. (CERGE-EI Library)
2. [H] Handbook of the Economics of Innovation (2010), Eds. Hall, B.H., Rosenberg, N., (Vol. 1, Vol. 2) Amsterdam: Elsevier. (CERGE-EI Library)
3. [SP] Swan Peter G. M. (2009) The Economics of Innovation, Edward Elgar. (CERGE-EI Library)

Recommended Reading:

1. Associated articles will be available throughout the course.
2. [T] Tidd, J., J. Bessant (2013) Managing Innovation. Integrating Technological, Market and Organizational Change 5th. ed., Wiley. (CERGE-EI Library)