Module: Economics of Innovation 1 (5209-410)

Persons:

• Prof. Dr. Andreas Pyka (verantwortlich)

Degree Program:

Relation to other Modules:

"Innovation Economics" complements "Growth Economics" by offering deeper insights into the mechanisms and dynamics of innovation driven development on the industry as well as the firm level. Furthermore "Innovation Economics" corresponds closely with the module "Industrial Organisation and Competition Theory" by focussing on the innovation dimension of strategic behaviour and competition.

Prerequisites for Attendance:

There are no prerequisites for attending

Sprache:

English

ECTS:

6 credits

Frequency:

every winter semester

Length of the Module:

1 semester

Final examination:

Written examination

Length of the examination:

60 minutes

Workload:

180 hours 124 h class attendance 56 h preperation and follow-up, preperation for the exam and exam

Professional competences:

Students possess an in-depth understanding of modern innovation economics and are able to apply their competences in methods to understand recent insights as well as to identify the methodolocial backgrounds. Their know-how includes knowledge of specific concepts and approaches applied in innovation economics as well as a sound orientation to identify neoclassical or neo-schumpeterian foundations underlying research results. An important capability is the application of innovation economics concepts to recent problems in the area of growth and industrial policy. They are in a good position to properly identify specific and relevant innovation economics questions and to communicate the rigorous scientific analysis in the respective jargon.

Courses