Theories and Systems Innovation

Code:

2EGIN04

Acronym:

TSI

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2017/2018 - 1S

Active?	Yes
Responsible unit:	Agrupamento Científico de Economia
Course/CS Responsible:	Master in Economics and Management of Innovation

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
EGIN	36	Bologna Syllabus since 2012	1	-	7,5	56	202,5

Teaching language

Suitable for English-speaking students

Objectives

Theories and Systems of Innovation is a course in the economics of innovation, preceded by an extended discussion on the nature of evolutionary economics. The course aims to discuss a series of innovation-related topics and is complemented by a second semester course on Innovation Policy.

Learning outcomes and competences

Development of capabilities both for research and for professional activities related with the analysis and management of innovation processes.

Working method

Presencial

Program

1. Innovation, economic growth and structural change Invention, innovation and diffusion. Innovation and cycles: from Schumpeter to Freeman. Fagerberg's technology gap approach.


2. Microeconomics of innovation The innovation process. Demand pull vs. Technology push. Uncertainty. Appropriability. Diffusion.


3. Sectoral patterns of innovation. Pavitt's taxonomy. Patterns of innovation and structural change.


4. Systems of innovation Concept and relevance. National systems of innovation: actors, interactions and subsystems; Stylized facts and national specificities. Regional and local innovation systems: the relevance of proximity. Types of regional systems of innovation.

Mandatory literature

Fagerberg Jan 340; The Oxford handbook of innovation. ISBN: 0-19-926455-4 (Chap. 2,4,7,8,11,14,17)
BELL, M. e PAVITT, K; “Accumulating Technological Capability in Developing Countries”, in Proceedings of the World Bank Annual Conference on Development Economics 1992, World Bank, 1993 (pp. 257-281)
BOSCHMA, R.; “Proximity and Innovation: A Critical Assessment”, Regional Studies, 39:1, 61-74, 2005
CORDES, C.; “Darwinism in economics: from analogy to continuity”, Journal of Evolutionary Economics, vol. 16, 2006 (pp. 529-541)
FAGERBERG, J.; “Schumpeter and the revival of evolutionary economics: an appraisal of the literature” , Journal of Evolutionary Economics, vol. 13, 2003 (pp. 125-159)
FAGERBERG, J.; “A Technology Gap Approach to Why Growth Rates Differ”, Research Policy, vol. 16; rep. in C. Freeman (ed.), The Economics of Innovation, Edward Elgar, 1990
FAGERBERG, J.; VERSPAGEN, B.; “Technology-gaps, innovation-diffusion and transformation: an evolutionary interpretation”, Research Policy, vol. 31, 2002 (pp. 1291–1304)
HODGSON, G.M.; “Darwinism in economics: from analogy to ontology”, Journal of Evolutionary Economics, vol. 12, 2002 (pp. 259-281)
NELSON, R.R.; “Evolutionary social science and universal Darwinism”, Journal of Evolutionary Economics, vol. 16, 2006 (pp. 491-510)
NELSON, R.R.; “On the uneven evolution of human know-how”, Research Policy, vol. 32, 2003 (pp. 909-922)
NELSON, R.R.; PETERHANSEL, A.; SAMPAT, B.; “Why and how innovations get adopted: a tale of four models”, Industrial and Corporate Change, vol. 13, 2004 (pp. 679-699)
ROSENBERG, N.; “Science, invention and economic growth”, The Economic Journal, vol. 84, 1974 (pp. 90-108)
PAVITT, K.; “Sectoral patterns of technical change: towards a taxonomy and a theory”, Research Policy, vol. 13; rep. in C. Freeman (ed.), The Economics of Innovation, Edward Elgar, 1990

Complementary Bibliography

Lawson Tony; Reorienting economics. ISBN: 0-415-25336-5 (Chap. 5)
Hodgson Geoffrey Martin; Economics and evolution. ISBN: 978-0-472-08423-4
CAMAGNI, R.; “Local Milieu, Uncertainty and Innovation Networks: Towards a New Dynamic Theory of Economic Space”, in R. Camagni (ed.), Innovation Networks: Spatial Perspectives, Belhaven Press, 1991
CASTELLACI, F.; “The interactions between national systems and sectoral patterns of innovation. A cross-country analysis of Pavitt’s taxonomy”, Journal of Evolutionary Economics, vol. 19, 2009 (pp. 321–347)
VROMEN, J.; “Ontological issues in evolutionary economics: the debate between Generalized Darwinism and the Continuity Hypothesis”, Papers on Economics and Evolution, 0805, Max Planck Institute of Economics, 2008
WITT, U.; “On the proper interpretation of 'evolution' in economics and its implications for production theory”, Journal of Economic Methodology, vol. 11, 2004 (pp. 125-146)
FAGERBERG, J.; SRHOLEC, M.;KNELL, M.; “The Competitiveness of Nations: Why Some Countries Prosper While Others Fall Behind”, World Development, vol. 35, nº 10, 2007 (pp. 1595–1620)

Teaching methods and learning activities

There will be lectures in the traditional sense as well as seminars, where students present and discuss selected texts.

Evaluation Type

Distributed evaluation with final exam

Assessment Components

Designation	Weight (%)
Exame	70,00
Participação presencial	30,00
Total:	100,00

Calculation formula of final grade

Final Mark = 0,70 E + 0,30 P E - Ordinary exam. P - Seminar presentations and discussions.