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2016/2017 KAN-CCMVV2405U Economics of Innovation and Intellectual Property
| English Title | |
| Economics of Innovation and Intellectual Property |
Course information |
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| Language | English |
| Course ECTS | 7.5 ECTS |
| Type | Elective |
| Level | Full Degree Master |
| Duration | One Semester |
| Start time of the course | Autumn |
| Timetable | Course schedule will be posted at calendar.cbs.dk |
| Study board |
Study Board for MSc in Economics and Business
Administration
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| Last updated on 05-04-2016 | |
| Learning objectives | |||||||||||||||||||||||
To achieve the grade 12, students
should meet the following learning objectives with no or only minor
mistakes or errors:
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| Course prerequisites | |||||||||||||||||||||||
| The course assumes familiarity and completed bachelor courses in economics, Industrial Organization and basic quantitative methods. The necessary key concepts will be reviewed if necessary. | |||||||||||||||||||||||
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Ideas and innovation have become the most important resource in today's economy. Successful firms should know how to recognize, manage and generate technological innovation for sustained competitive advantage. The course aims at providing the students with a comprehensive understanding of the origins, dynamics and consequences of innovation and intellectual property from an economic perspective. The objective of the course is to offer students a deeper understanding to some of the most topical and relevant topics (from an academic, policy and business perspective) surrounding innovation and intellectual property. The course will start by examining the nature and importance of innovation, technological change and intellectual property; the impact of innovation on productivity and national economic performance; and the relationship between innovation, market structure and entrepreneurship. The course will also cover recent events related to intellectual property, such as the debate on software and pharmaceutical patents, patent litigation involving patent trolls, standard essential patents, and the importance of patents for green technologies. The course material varies substantially across topics; it is both theoretical and empirical.
The course’s development of personal
competences:
- reading and analyzing scientific literature - analytical skills - identifying, developing and evaluating policies to promote innovation - analyzing successful innovation practices - case analysis related to the economics of innovation |
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| Expected literature | |||||||||||||||||||||||
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Greenhalgh, C. and Rogers, M., “Innovation, Intellectual Property, and Economic Growth”, Princeton University Press, 2010
Maurer, M. and Scotchmer, S. "Procuring Knowledge", Advances in the Study of Entrepreneurship, Innovation and Economic Growth,Volume 15, (2004), 1–31
Scherer, F. “Firm Size, Market Structure, Opportunity, and the Output of Patented Inventions”, The American Economic Review, Vol. 55, No. 5, (1965), pp. 1097-1125
Scotchmer, S., "Standing on the shoulders of giants: Cumulative research and the patent law", The Journal of Economic Perspectives, 5(1), (1991), 29-41
Stiglitz, J. "Economic foundations of IPRs", Duke Law Review, (2008), Vol. 57, 1692-1724 |
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