20451 - FUNDAMENTALS OF INNOVATION AND INDUSTRIAL CHANGE
EMIT
Department of Management and Technology
Course taught in English
FRANCO MALERBA
Course Objectives
The course aims to provide the tools for understanding and analyzing innovation and industrial change.
Topics to be discussed include the relationship among innovation, economic growth and economic development, the economics of patents and intellectual property rights, the role of innovation in the dynamics and evolution of industries, the relationships between science and technology, the innovative enterprise, innovative start-ups, public policy with respect to innovation and industrial change, international technological competition, technology, economic development and catch-up.
Some introductory notions in basic microeconomics and industrial organization are required. The class format is a mix of lectures and discussion in class on cases and issues. Students are expected to participate actively in the discussions and to read the assigned material before class. Seminars and student presentations on specific topics are organized during the course.
Course Content Summary
- 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.
- Public policy for innovation and industrial change.
- International technological competition.
- Technology, economic development and catch-up.
- Economics of science.
- Diffusion of innovations.
Detailed Description of Assessment Methods
Textbooks
A list of readings is made available at the beginning of the course.