Economics of Science and Technology Transfer

Code:

2ECON25

Acronym:

ESTT

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2015/2016 - 2S

Active?	Yes
Web Page:	http://www.fep.up.pt/docentes/ateixeira/ESTT.html
Responsible unit:	Agrupamento Científico de Economia
Course/CS Responsible:	Master in Economics

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
ME	0	Bologna Syllabus	1	-	7,5	56	202,5
		Syllabus - english track	1	-	7,5	56	202,5

Teaching language

Suitable for English-speaking students

Objectives

This course provides an introduction to the economics of science and technology transfer from public research. This field of research currently experiences a wave of new contributions. Underlying the scholarly interest are unresolved questions about the effectiveness of institutions guiding public research, but also substantial changes in the interaction of public science and private-sector R&D.

The course will focus on discussing the scholarly work on the economics of science and technology transfer. It will cover both classic contributions and recent articles delineating the current state of the art.

 

Learning outcomes and competences

In the end of the course students should be able to (i ) critically discuss the main results of distinct research contributions, (ii) outline its/their theoretical/empirical context, (iii) explain and evaluate the methods, data and assumptions used by the authors to arrive at their results, and (iv) uncover new paths for future research in this field.

Working method

Presencial

Program

Part I: Economics of Knowledge and the Institutions of Open Science

1. Knowledge as a Public Good?

2) The Institutions of Open Science

3) Determinants of Individual Scientific Productivity

4) Conceptualizing Scientific Research

Part II: Science and Innovation: Technology Transfer out of Public Research

5) The Boundaries between Public and Private Research

6) Economic Effects of Public Research

7) Are Intellectual Property Rights Compatible with Open Science?

8) Reforming the IPR Regime of Public Research: The Bayh-Dole Act and Beyond

9) Channels of Technology Transfer I: Overview

10) Channels of Technology Transfer II: Staff Mobility

11) Channels of Technology Transfer III: Licensing and Spin-offs (Model)

12) Channels of Technology Transfer III: Licensing and Spin-offs (Findings)

13) Adverse Effects of Commercialization? Individual Level

14) Adverse Effects of Commercialization? System Level

Mandatory literature

David B. Audretsch, Barry Bozeman, Kathryn L. Combs, Maryann Feldman, Albert N. Link, Donald S. Siegel, Paula Stephan, Gregory Tassey, Charles Wessner ; The Economics of Science and Technology, Springer, 2002 (It is an article: The Journal of Technology Transfer, April 2002, Volume 27, Issue 2, pp 155-203 )
Paula E. Stephan; The Economics of Science, AEA, 1996 (It is an article: Journal of Economic Literature , Vol. 34, No. 3, Sep., 1996 )

Complementary Bibliography

Paula Stephan ; How Economics Shapes Science, Harvard College, 2012. ISBN: 9780674049710

Comments from the literature

In each chapter must-read articles will be listed and available on the course page.

Teaching methods and learning activities

The course aims at fostering scientific research skills of students in the area of science and innovation studies.Thus, classes will mix expositive parts with interactive discussion of the relevant articles.

Evaluation Type

Distributed evaluation without final exam

Assessment Components

Designation	Weight (%)
Participação presencial	15,00
Teste	50,00
Trabalho escrito	35,00
Total:	100,00

Calculation formula of final grade

Grade=0.5*Written test+0.15*Class participation+0.35*Essay