Innovationsökonomie

Innovation Economics (6 ECTS)

LecturePeriodTypeDay/ TimeRoomLecturer
73 51 L 1016.10.23 - 12.02.24VLMonday 02pm-04pmH 0111 (CH)Prof. Blind
73 51 L 11Different datesUEMonday 04pm-06pmH 0107 (CH)Ms. Rochell

Registrierung

Seats are limited for this course. IMES students are guaranteed a spot since the class is compulsory for the IMES program. All students have to register for the course to be eligible for grading. The registration will be explained in lecture one. We select the participants in accordance with the general study regulation (AllgStuPo) §36.

The first lecture is open and does not require registration. Click here to enroll to the ISIS course. All relevant information regarding the first lecture, course organization as well as lecture material will be available via ISIS in the first week of the semester.

Content

The ability to innovate ensures the competitiveness of high-income countries and its enterprises. At the same time innovations question the classical economic equilibrium models. The course intends to shed light on different typologies of innovations, also considering multiple methodologies of empirical research in innovation economics. The second part of the course deals with different explanatory approaches of innovation economics: amongst others neo-classical, evolutionary and historic-institutional ones. The course studies both theoretical models and their empirical application, changing between micro and macro-economic perspectives. The course languangThe ability to innovate ensures the competitiveness of high-income countries and enterprises. Innovations are thus often associated with positive effects on wealth, employment, growth and/or sustainability. However, the destruction of existing markets through new products and technology and the subsequent economic impact also need to be considered. From an economic theory perspective, innovations question the classical economic equilibrium models. This course introduces different typologies of innovations. It covers indicators and measurements of innovation. Furthermore, it deals with different explanatory approaches to innovation economics: neo-classical, evolutionary, and historic-institutional (amongst others). The second part of the class studies different micro- and macro perspectives on innovation and covers theoretical models and their empirical application. The course language is English.