Code: | 1EC401 | Acronym: | EINOV |
Keywords | |
---|---|
Classification | Keyword |
OFICIAL | Economics |
Active? | Yes |
Responsible unit: | Agrupamento Científico de Economia |
Course/CS Responsible: | Bachelor in Economics |
Acronym | No. of Students | Study Plan | Curricular Years | Credits UCN | Credits ECTS | Contact hours | Total Time |
---|---|---|---|---|---|---|---|
LECO | 111 | Bologna Syllabus since 2012 | 3 | - | 3 | 42 | 81 |
Innovation is one of the most important economic and business phenomena of our time. This course presents students with a solid understanding of the economic fundamentals of innovation, emphasizing two complementary approaches to innovation: micro and macroeconomic. Thus, it considers the training of the student in a broader framework of interpretation of phenomena of economic dynamics, at the level of companies, technologies, sectors and the economy.
At the end of the course it is expected that students will acquire in-depth and up-to-date training in the field of Innovation Economics. Specifically, students should be able to:
- To locate the main theories of innovation in the approach to long-term economic dynamics;
- Apply relevant knowledge in a creative way;
- Assess the complexity of various perspectives;
- Critically discuss and evaluate data and policies.
PART 1. FOUNDATIONS AND STATE OF THE ART OF INNOVATION
1. Concepts and measurement
1.1. Invention, innovation and diffusion. Technologic innovation
1.2. Taxonomies of innovation
1.3. Indicators of ST & I
2. Economics of Innovation foundations
2.1. Innovation in the history of economic thought
2.2. Neoclassical theory, evolutionary theories, (neo) Schumpeterian approaches
2.3. Demand pull vs. technology push debate
2.4. Adoption and diffusion of technologies
3. Innovation in a contemporary perspective
3.1. Drivers: network externalities; the consumer as innovator, co-creation and mass customization in the era of Industry 4.0; the democratization of innovation and the relevance of other stakeholders
3.2. Open innovation: an introduction
3.3. Innovation in the digital era: new business models; digital platforms
PART 2. MACROECONOMIC AND TERRITORIAL APPROACHES AND INNOVATION POLICY
1. Innovation and macroeconomic dynamics
1.1. Innovation, economic growth and structural change
1.2. Long waves and techno-economic paradigms
1.3. National innovation systems
1.4. Innovation and international competitiveness - technological gap model
2. Innovation, networks and territory
2.1. The territorial dimension of innovation processes
2.2. Clusters and territorial innovation models
2.3. Beyond clusters: global networks and remote access to knowledge
3. Innovation policies
Theoretical-practical classes
Designation | Weight (%) |
---|---|
Teste | 100,00 |
Total: | 100,00 |
Designation | Time (hours) |
---|---|
Estudo autónomo | 42,00 |
Frequência das aulas | 39,00 |
Total: | 81,00 |
The distributed assessment is carried out through:
1) 2 tests, each representing 50% of the final mark; the 1st test evaluates the 1st part of the course, and the 2nd mini-test evaluates the 2nd part of the course.
Students may choose one among two possible evaluation regimes: (i) Final Exam; (ii) Distributed assessment without final exam.
If distributed assessment:
There are 2 assessments moments, as described in the previous section.
The final classification will correspond to the average of the 2 moments of assessment:
50%*1st mini-test + 50%*2nd test
Approval of the course requires a minimum overall average mark of 9,5 points, and a mark of no less than 6 points in each test.
If final exam:
Student is approved in the discipline if he /she gets a grade equal or higher than 10 (0 to 20 scale), meaning a classification in the exam equal or above 9,5 points.