Economics of Innovation
Module: | 8a-e |
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Lecturer: | Prof. Dr. Andreas Lichter |
Scope / Credits: | 4 SWS / 7,5 Credits |
Course type: | Lecture and exercise |
Language: | English |
Date and place: | Monday, 16:00-18:00, FWW6 / 3.032 (Lecture) Tuesday, 10:00-12:00, FWW6 / 1.023 (Exercise) |
Beginning: | 10/07/2024 |
Exam: | Written exam |
Contents overview
This course offers an introduction to the economics of innovation from both a theoretical and empirical angle. Among others, the course will cover the following topics:
- The role of innovation for economic growth
- The supply of innovators – ability, parental background, and exposure to innovation as drivers of individuals’ entrepreneurial activity and career choices
- Incentives for innovators: contracts & control rights, market-level rewards
- The meaning and role of patents
- Measuring the social versus private returns to R&D investment
- Effects of targeted and non-targeted policy instruments (tax credits, patent boxes)