Economics of Innovation and Technological Change

MGT-635 / 4 credits

Teacher(s): Foray Dominique, Various lecturers, Visentin Fabiana

Language: English

Frequency

Every 2 years

Summary

This year, the course will be held at Technical University of Denmark, Lyngby/Copenhagen, 8 to 12 May 2023. Please contact the EDMT Administration for more information.

Content

DTU, EPFL, TU/e and TUM have recently joined forces in a new strategic alliance, named Euro Tech, with the goal to further collaboration in leading research and educational programs. Considering that this institutional framework explicitly encourages the development of Euro Tech communities in several academic disciplines, Professors in innovation and entrepreneurship from the four schools have decided to partake in a comprehensive collaboration. This alliance will serve as the basis for further growth and encourage entrepreneurship & innovation research as a core scholarly discipline in European (technical) universities.
In the spirit of this initiative, a doctoral course on Economics of Innovation and Technological Change has been designed by Professors of the four universities under the coordination of Pr. Dominique Foray (EPFL) and is offered to the students of Copenhagen, Eindhoven, Lausanne and Münich.

This one week block course will alternate formal lectures on various topics in the economics of innovation, interactive sessions, students¿presentation as well as individual coaching.

Expected student activities

This one week block course will alternate formal lectures on various topics in the economics of innovation, interactive sessions, students’presentation as well as individual coaching.

Students after following this program will be able to :

understand better what makes for a good research question anddevelop the ability to identify promising research questions for own thesis and further projects in the field of economics and management of innovation;
elaborate a solid research design as relating in a consistent way research question, methods and data production and use;
master the state of the art both in the general field of the economics and management of innovation and in the more specialized sub-field corresponding to own research interest (economics of science, industry dynamics, geography and space, appropriability issue and open innovation, effects of innovation on skills/employment/productivity/firm’s growth, innovation policy, specific technology analysis, and so on)

Resources

Bibliography

Obligatory readings (One paper per lecture)

Lecture - Empirical methods: Sampat B. and Williams, H., 2014, How do patents affect follow-on innovation?, Evidence from the human genome, available at: http://www.nber.org/confer/2014/SI2014/PRINN/Sampat_Williams.pdf
Lecture – Innovation and organization: TBD
Lecture - Technology search and innovation: LI-Ying J. et al., 2014, An inquiry on external technology search through patent in-licensing and firms’ technological innovations : Evidence from China, R&D Management, 44 (1) : 53-74
Lecture – Economics of science: Stephan, P.E., 2010, The economics of science, Handbook of the economics of innovation, 1, 217-274
Lecture – Innovation and standardization: TBD
Lecture – IPR and open source: TBD
Lecture – Innovation policy: Romer P., “Implementing a National Technology Strategy with Self-Organizing Industry Investment Boards”, Brookings papers: Microeconomics, 2, 1993, 345-399.

Recommended textbooks and handbooks

B.Hall and N.Rosenberg (eds.), 2010, Economics of Innovation, vol 1 & 2, Handbooks in economics, North-Holland
P.Swann, 2009, The economics of innovation: an introduction, Edward Elgar
D.Foray (ed.), 2009, The new economics of technology policy, Edward Elgar

Economics of Innovation and Technological Change

Frequency

Summary

Content

Expected student activities

Resources

Bibliography

Ressources en bibliothèque

Websites

Moodle Link

In the programs

Reference week

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