The aim of the course is to provide an understanding on economics of innovation and technology transfer as the principle driving force behind economic growth and an important instrument for sustainable competitiveness. The topics will include ways that economists think about innovation and technological advancements, different perspectives in innovation, innovation as an evolutionary process, historical overview of the process of innovation, market structure and innovativeness, microeconomic and macroeconomic foundations of innovations, knowledge sharing and diffusion of innovation across the firms.
Course Content
This course contains; 1. Introduction,Importance of innovation on economic growth and development,Schumpeter Theory,The rise of science-related technology,Industrial revolutions,Microeconomics of innovation,Macroeconomics of innovation,Innovation and public policy,The importance of innovation on economic growth and development-Some countries’ experiences,Regional and national innovation systems,Science, technology and innovation in Turkey,Innovation and Institutions,Firms and Innovation,Project presentations/Discussion,Project Presentations/Discussion.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to defines and interpret general concepts of innovation economics.
10, 18, 9
A
1.1 Explains the concepts of science, technology and innovation
10, 18, 9
A
1.2 Approaches innovation from a historical perspective
10, 18, 9
A
2. Will be able to explain the interrelationships between science, technology and innovation.
10, 18, 9
A
2.1 Understand the microeconomics of innovation
10, 18, 9
A
2.2 Learns national innovation systems
10, 18, 9
A
3. Will be able to analyzes the historical development of innovation economics starting from the years of the industrial revolution.
10, 18, 9
A
3.1 Explains the (external) relationship between technology and economic growth
10, 18, 9
A
3.2 Explain the importance of government policies for technology and innovation
10, 18, 9
A
4. Will be able to outline the theories about total factor productivity by testing the theories of innovation on microeconomics.
10, 18, 9
A
4.1 Learns technology and micro productivity increase
10, 18, 9
A
4.2 Have knowledge of the literature on innovation economics
10, 18, 9
A
5. Will be able to provides information on national innovation systems
10, 18, 9
A
5.1 Explains the relationship between national innovation systems and innovation economy
10, 18, 9
A
5.2 Explains technology and environmental problems within the scope of the course
Importance of innovation on economic growth and development
3
Schumpeter Theory
4
The rise of science-related technology
5
Industrial revolutions
6
Microeconomics of innovation
7
Macroeconomics of innovation
8
Innovation and public policy
9
The importance of innovation on economic growth and development-Some countries’ experiences
10
Regional and national innovation systems
11
Science, technology and innovation in Turkey
12
Innovation and Institutions
12
Firms and Innovation
13
Project presentations/Discussion
14
Project Presentations/Discussion
Resources
Schumpeter, J. A. (1947), The creative response in economic history, Journal of
Economic History 7, 149-159.
Antonelli, C. (2009), The economics of innovation: From the classical legacies to theeconomics of complexity, Economics of Innovation and New Technology 18, 611–646.
Antonelli, C. (2011), The economic complexity of technological change: Knowledgeinteractions and path dependence, in Antonelli, C. (ed.) Handbook on the Economic Complexity of Technological Change” Edward Elgar, Cheltenham, pp.1-62.
Antonelli, C. (2017), Endogenous Innovation: The Economics of an Emergent System, Cheltenham, Edward ElgarAntonelli, C. (2018), The Knowledge Growth Regime. A Schumpeterian Approach, London, MacMillan, forthcoming
Related articles, reports and statistics
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
(S)he describes theoretical knowledge in economics and finance.
X
2
(S)he explains mathematical and statistical methods needed for economics and finance.
X
3
(S)he uses at least one computer program utilized for economic and financial analyses (SPSS, Eviews, STATA, R ve MATLAB).
4
(S)he has the foreign language proficiency necessary for economics and finance.
X
5
(S)he develops projects in the field and handles team work.
X
6
(S)he develops (her) his awareness of lifetime learning, follows the developments in (her) his field and adopts a critical approach.
X
7
(S)he uses theoretical and practical knowledge on economics and finance.
X
8
(S)he delivers (her) his opinions by making effective use of modern technologies and of at least one foreign language at a minimum level of level C1.
X
9
(S)he adopts and uses organizational, corporate and social ethical values.
X
10
(S)he adopts principles of social responsibility and acts whenever needed in light of social service sensitivity.
X
11
(S)he analyzes and uses basic knowledge and data regarding different disciplines to conduct inter-disciplinary studies.
X
12
(S)he benefits from (her) his proficiency in economics and finance to make policy suggestions and contribute to the field.
X
Assessment Methods
Contribution Level
Absolute Evaluation
Rate of Midterm Exam to Success
50
Rate of Final Exam to Success
50
Total
100
ECTS / Workload Table
Activities
Number of
Duration(Hour)
Total Workload(Hour)
Course Hours
3
3
9
Guided Problem Solving
0
0
0
Resolution of Homework Problems and Submission as a Report
0
0
0
Term Project
0
0
0
Presentation of Project / Seminar
0
0
0
Quiz
0
0
0
Midterm Exam
0
0
0
General Exam
0
0
0
Performance Task, Maintenance Plan
0
0
0
Total Workload(Hour)
9
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(9/30)
0
ECTS of the course: 30 hours of work is counted as 1 ECTS credit.
Detail Informations of the Course
Course Description
Course
Code
Semester
T+P (Hour)
Credit
ECTS
INNOVATION ECONOMICS
-
Fall Semester
3+0
3
5
Course Program
Prerequisites Courses
Recommended Elective Courses
Language of Course
English
Course Level
First Cycle (Bachelor's Degree)
Course Type
Elective
Course Coordinator
Name of Lecturer(s)
Assistant(s)
Aim
The aim of the course is to provide an understanding on economics of innovation and technology transfer as the principle driving force behind economic growth and an important instrument for sustainable competitiveness. The topics will include ways that economists think about innovation and technological advancements, different perspectives in innovation, innovation as an evolutionary process, historical overview of the process of innovation, market structure and innovativeness, microeconomic and macroeconomic foundations of innovations, knowledge sharing and diffusion of innovation across the firms.
Course Content
This course contains; 1. Introduction,Importance of innovation on economic growth and development,Schumpeter Theory,The rise of science-related technology,Industrial revolutions,Microeconomics of innovation,Macroeconomics of innovation,Innovation and public policy,The importance of innovation on economic growth and development-Some countries’ experiences,Regional and national innovation systems,Science, technology and innovation in Turkey,Innovation and Institutions,Firms and Innovation,Project presentations/Discussion,Project Presentations/Discussion.
Dersin Öğrenme Kazanımları
Teaching Methods
Assessment Methods
1. Will be able to defines and interpret general concepts of innovation economics.
10, 18, 9
A
1.1 Explains the concepts of science, technology and innovation
10, 18, 9
A
1.2 Approaches innovation from a historical perspective
10, 18, 9
A
2. Will be able to explain the interrelationships between science, technology and innovation.
10, 18, 9
A
2.1 Understand the microeconomics of innovation
10, 18, 9
A
2.2 Learns national innovation systems
10, 18, 9
A
3. Will be able to analyzes the historical development of innovation economics starting from the years of the industrial revolution.
10, 18, 9
A
3.1 Explains the (external) relationship between technology and economic growth
10, 18, 9
A
3.2 Explain the importance of government policies for technology and innovation
10, 18, 9
A
4. Will be able to outline the theories about total factor productivity by testing the theories of innovation on microeconomics.
10, 18, 9
A
4.1 Learns technology and micro productivity increase
10, 18, 9
A
4.2 Have knowledge of the literature on innovation economics
10, 18, 9
A
5. Will be able to provides information on national innovation systems
10, 18, 9
A
5.1 Explains the relationship between national innovation systems and innovation economy
10, 18, 9
A
5.2 Explains technology and environmental problems within the scope of the course
Importance of innovation on economic growth and development
3
Schumpeter Theory
4
The rise of science-related technology
5
Industrial revolutions
6
Microeconomics of innovation
7
Macroeconomics of innovation
8
Innovation and public policy
9
The importance of innovation on economic growth and development-Some countries’ experiences
10
Regional and national innovation systems
11
Science, technology and innovation in Turkey
12
Innovation and Institutions
12
Firms and Innovation
13
Project presentations/Discussion
14
Project Presentations/Discussion
Resources
Schumpeter, J. A. (1947), The creative response in economic history, Journal of
Economic History 7, 149-159.
Antonelli, C. (2009), The economics of innovation: From the classical legacies to theeconomics of complexity, Economics of Innovation and New Technology 18, 611–646.
Antonelli, C. (2011), The economic complexity of technological change: Knowledgeinteractions and path dependence, in Antonelli, C. (ed.) Handbook on the Economic Complexity of Technological Change” Edward Elgar, Cheltenham, pp.1-62.
Antonelli, C. (2017), Endogenous Innovation: The Economics of an Emergent System, Cheltenham, Edward ElgarAntonelli, C. (2018), The Knowledge Growth Regime. A Schumpeterian Approach, London, MacMillan, forthcoming
Related articles, reports and statistics
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications
No
Program Qualification
Contribution Level
1
2
3
4
5
1
(S)he describes theoretical knowledge in economics and finance.
X
2
(S)he explains mathematical and statistical methods needed for economics and finance.
X
3
(S)he uses at least one computer program utilized for economic and financial analyses (SPSS, Eviews, STATA, R ve MATLAB).
4
(S)he has the foreign language proficiency necessary for economics and finance.
X
5
(S)he develops projects in the field and handles team work.
X
6
(S)he develops (her) his awareness of lifetime learning, follows the developments in (her) his field and adopts a critical approach.
X
7
(S)he uses theoretical and practical knowledge on economics and finance.
X
8
(S)he delivers (her) his opinions by making effective use of modern technologies and of at least one foreign language at a minimum level of level C1.
X
9
(S)he adopts and uses organizational, corporate and social ethical values.
X
10
(S)he adopts principles of social responsibility and acts whenever needed in light of social service sensitivity.
X
11
(S)he analyzes and uses basic knowledge and data regarding different disciplines to conduct inter-disciplinary studies.
X
12
(S)he benefits from (her) his proficiency in economics and finance to make policy suggestions and contribute to the field.
