Economia del lavoro e economia dell'innovazione II modulo - ENG

Labour Economics and Economics of Innovation

Second module:
Economics of Innovation
(6 cfu – 48 hours)
Prof. Martin Zagler

Teaching code: EC007
SSD: SECS-P/01 and SECS/P02
12 CFU – 96 hours
Seat: Novara



Educational objectives
The course aims to illustrate the concepts of growth and innovation in an economic system. The students will know the sources of economic growth in the long run. In addition, they will learn the reasons for the innovative activities, elements that support research and development, and the peculiarities of the functioning of markets in innovative environment.


Content of the course
This is an integrated one year course divided in two modules.


Module 2 – Economics of Innovation (Prof. Martin Zagler) – 6CFU

1.    THEORY OF ECONOMIC GROWTH
o    Stylized Facts
o    The Solow model

2.    INNOVATION
o    Definitions
o    Empirical Facts

3.    THEORY OF INNOVATION
o    Schumpeter 1
o    Schumpeter 2
o    Neoclassical theory
o    Evolutionary theory

O    THE INNOVATIVE FIRM
o    Market structure
o    The innovative firm

4.    INTELLECTUAL PROPERTY
o    Patents

5.    THE INNOVATIVE SYSTEM
o    Institutions
o    The education system
o    The financing of innovation
o    Sectorial innovation systems

6.    COMPETITIVNESS

7.    ECONOMIC POLICY

8.    INNOVATION AND ECONOMIC GROWTH




Prerequisits
Nothing

Material
Modulo 2

•    Blanchard, O., Amighini, A., Giavazzi, F. (2011), Scoprire la Macroeconomia. Vol. 1, 1° edizione, Il Mulino, Bologna, capp. 10 – 13.
•    Fagerberg, J., D. C. Mowery and R. R. Nelson (2007), Innovazione, Carocci, Roma. [0 – 3; 5; 7; 8]
•    Malerba, F. (2000), Economia dell’innovazione, Carocci, Roma. [1, 13, 14]
•    Garavaglia, C. (2010), Economia Industriale: Esercizi e Applicazioni, Carocci, Roma. [13]
•    Florio, A. (2003), Il finanziamento alle imprese innovative: Quale ruolo per il sistema bancario? [p. 1 - 9]
•    Unger, B. and M. Zagler (2003), Institutional and Organizational Determinants of Product Innovations, Innovation: The European Journal of Social Science Research Vol. 16(3), 293 – 310.

•    Slides at http://sites.google.com/site/upodisei/

[…] indicates chapter reductions for exams in 2015 for particating students only (see below).


Teaching methods and organization
Lectures, exercises, Testimonials, Seminars

Presence requirements
Participation is voluntary

Evaluation
o    Non participants:
o    Written exam (45 min) on the above material (max 30 points)
o    Participants:
o    Written exam (45 min) on the above (reduced) material (max 20 points)
o    Active participation in class (max 5 points)
o    Presentation of a biography of a great inventor (max 10 points)

o    The grade in Labour Economics and Economics of Innovation (12 CFU) is the arithmetic mean of the two separate exams. The two exams (one for each module) can be sustained sparaetely within one year.