5104 - INNOVATION AND INDUSTRIAL DYNAMICS

The course examines the role of innovation and technological diffusion in modern economies and then links them to the dynamics and evolution of industries and services. The course analyzes the source and effects of innovation and the diffusion of new technologies; the main features of the innovative firm; the relevance of regional, sectoral and national systems of innovation; the role of public policy for R&D cooperation, support of innovation and technology diffusion. The entry of new firms, the industry life cycle and the evolution of sectors are examined.  Factors affecting the differences in the dynamics, structure and evolution of industries are also analysed.

• From the linear model of innovation to the chain linked one
• The sources and effects of innovation
• Innovation, growth and industrial dynamics
• The innovative firm
• The diffusion of new technologies
• Innovation and employment
• National and sectoral systems of innovation
• Public policy in support of innovation and diffusion

Students will have the option to take the ‘general’ exam at the end of course; or take two partial exams and write a term paper to be submitted at the end of the course.

• C. Freeman, L. Soete. 1997. The Economics of Industrial Innovation. Pinter.
• D. Mowery, R. R. Nelson. 1999. Sources of Industrial Leadership - Studies of Seven Industries. Cambridge University Press.

Additional readings will be provided at the beginning of the course.
For further and continuously updated information consult the IEP web site or contact S.I.D. - Servizio Informazioni Didattica - Institute of Economics - via Gobbi, 5 - Room 313.