Business Administration (Master) (without Thesis) (English) | |||||
Master | TR-NQF-HE: Level 7 | QF-EHEA: Second Cycle | EQF-LLL: Level 7 |
Course Code: | BUS5006 | ||||
Course Name: | Innovation Economics | ||||
Semester: |
Fall Spring |
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Course Credits: |
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Language of instruction: | English | ||||
Course Condition: | |||||
Does the Course Require Work Experience?: | No | ||||
Type of course: | Departmental Elective | ||||
Course Level: |
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Mode of Delivery: | Face to face | ||||
Course Coordinator: | Prof. Dr. ÇİĞDEM BÖRKE TUNALI | ||||
Course Lecturer(s): | Assoc. Prof. Ayfer Ustabaş | ||||
Course Assistants: |
Course Objectives: | The aim of this course is to examine the role of science, technology,and innovation activities in fostering economic growth and development. The lectures introduce concepts such as R&D and productivity, markets for technology, technological diffusion, and technology policy. |
Course Content: | This course examines technological innovations from microeconomic and macroeconomic perspectives. The lectures cover multi-actor context, discussing the roles of firms, institutions of higher education,research institutes, households, and individuals, as well as inter-actor linkages and the National innovation systems framework. The interplay between innovations, economic transformation, and economic growth is studied with an emphasis on the relationship between discourse and the general agenda of development studies. |
The students who have succeeded in this course;
1) To explain historical background and basic conceptual foundations about knowledge, technology, and innovation 2) To explain the contemporary multi-actor perspective on innovation and the key insights of the microeconomics of innovation 3) To analyze the effects of innovation on economic competitiveness and productivity in the firm 4) To explore the impact of innovation on economic growth and development, industrial dynamics, business strategies, and public policies 5) To explain the measure of technical change by using innovation indicators such as the R&D expenditures, patents, and surveys. |
Week | Subject | Related Preparation |
1) | Introduction: Science, technology, and innovation in the economic analysis Fundamental features and role of innovation and technical change in the contemporary economies | |
2) | Characteristics of innovation systems Dynamics and sources of technological capability development | |
3) | Basic conceptual issues and theoretical foundations Differences among knowledge, technology, and innovation Innovation in neoclassical models Technology in endogenous and modern growth theories | |
4) | Role of global value chains in evolution of innovation systems Role of university-industry relations as well as the role of universities as engines of community development | |
5) | Case studies: United States, Germany | |
6) | Case studies: Japan, South Korea, and China | |
7) | Macro level impact of innovation on economic growth and development | |
8) | Role of governments and institutions in fostering technological innovation | |
9) | Sectoral and national systems of innovation: Lessons from China and India Boundaries of innovation systems | |
10) | Role of incentives of organizations and institutions concerning the innovation Role of private equity in financing the early stages of economic transformation | |
11) | The challenge of financing innovation in developing countries The financing of innovation in firms: Microcredits and other incentives | |
12) | Measure of technical change by using innovation indicators such as R&D expenditures, patents, and surveys Patterns of technological activities by using different measurement and indicators Interpretation and analyzing the innovation data | |
13) | Presentations of students | |
14) | Final Exam |
Course Notes / Textbooks: | C. Freeman, C. and L. Soete, The Economics of Industrial Innovation, London: Pinter, 1997 Greenhalgh, C., & Rogers, M. (2010). Innovation, Intellectual Property, and Economic Growth. Princeton, N.J.- R. Atkinson, and S. Ezell, Innovation Economics the Race for Global Advantage, Yale University Press, 2012. Ergun Türkcan, Dünya’da ve Türkiye’de Bilim, Teknoloji vePolitika, 1. Baskı, İstanbul Bilgi Üniversitesi Yayınları, 2009. |
References: | C. Freeman, C. and L. Soete, The Economics of Industrial Innovation, London: Pinter, 1997 Greenhalgh, C., & Rogers, M. (2010). Innovation, Intellectual Property, and Economic Growth. Princeton, N.J.- R. Atkinson, and S. Ezell, Innovation Economics the Race for Global Advantage, Yale University Press, 2012. Ergun Türkcan, Dünya’da ve Türkiye’de Bilim, Teknoloji vePolitika, 1. Baskı, İstanbul Bilgi Üniversitesi Yayınları, 2009. |
Course Learning Outcomes | 1 |
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Program Outcomes | ||||||
1) Develop and deepen knowledge in the same or in a different field to the proficiency level based on Bachelor level qualifications. | ||||||
2) Interpret the knowledge about the field by integrating the information gathered from different disciplines and formulate new knowledge. | ||||||
3) Use of theoretical and practical knowledge within the field at a proficiency level. | ||||||
4) Independently conduct studies that require proficiency in the field. | ||||||
5) Communicate current developments and studies within the field to both professional and non-professional groups systematically using written, oral and visual techniques by supporting with quantitative and qualitative data. | ||||||
6) Evaluate knowledge and skills acquired at proficiency level in the field with a critical approach and direct the learning. |
No Effect | 1 Lowest | 2 Average | 3 Highest |
Program Outcomes | Level of Contribution | |
1) | Develop and deepen knowledge in the same or in a different field to the proficiency level based on Bachelor level qualifications. | |
2) | Interpret the knowledge about the field by integrating the information gathered from different disciplines and formulate new knowledge. | |
3) | Use of theoretical and practical knowledge within the field at a proficiency level. | |
4) | Independently conduct studies that require proficiency in the field. | |
5) | Communicate current developments and studies within the field to both professional and non-professional groups systematically using written, oral and visual techniques by supporting with quantitative and qualitative data. | |
6) | Evaluate knowledge and skills acquired at proficiency level in the field with a critical approach and direct the learning. |
Semester Requirements | Number of Activities | Level of Contribution |
Attendance | 14 | % 0 |
Midterms | 2 | % 40 |
Final | 2 | % 60 |
total | % 100 | |
PERCENTAGE OF SEMESTER WORK | % 40 | |
PERCENTAGE OF FINAL WORK | % 60 | |
total | % 100 |
Activities | Number of Activities | Preparation for the Activity | Spent for the Activity Itself | Completing the Activity Requirements | Workload | ||
Course Hours | 14 | 0 | 3 | 42 | |||
Midterms | 1 | 40 | 3 | 43 | |||
Final | 1 | 60 | 3 | 63 | |||
Total Workload | 148 |