13958 - Economics of Innovation Modulübersicht
| Module Number: | 13958 |
| Module Title: | Economics of Innovation |
| Innovationsökonomik | |
| Department: | Faculty 5 - Business, Law and Social Sciences |
| Responsible Staff Member: |
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| Language of Teaching / Examination: | English |
| Duration: | 1 semester |
| Frequency of Offer: | Each winter semester even year |
| Credits: | 6 |
| Learning Outcome: | Students will understand how innovation can be explained from a microeconomic perspective. They will know the economic, institutional, and psychological prerequisites for entrepreneurial innovation. Upon successful completion of the module, students will be able to critically assess under which circumstances innovative entrepreneurial actions are positively evaluated and potentially eligible for economic policy support. |
| Contents: | Innovation in the history of economic theory; Types of innovation; Competition and innovation; Organizational aspects of innovation; Political and institutional prerequisites for innovation; Diffusion of innovations; Innovation and economic growth; Innovations and societal welfare. |
| Recommended Prerequisites: | Good knowledge of microeconomics. |
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| Teaching Materials and Literature: | G.M. Swann, The Economics of Innovation: An Introduction, Elgar, 2013 as well as additional articles and book chapters announced during the lecture |
| Module Examination: | Continuous Assessment (MCA) |
| Assessment Mode for Module Examination: |
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| Evaluation of Module Examination: | Performance Verification – graded |
| Limited Number of Participants: | None |
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| Remarks: | None |
| Module Components: | Innovation Economics Lecture - 2 hours per week Innovation Economics Exercise - 2 hours per week |
| Components to be offered in the Current Semester: |
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