- Observation, interpretation, measurement and understanding of R&D, innovation and productivity
- Creation and dispersion of technology and knowledge
- Risk and funding of innovative activities
- Innovation and technology policy
ME2711 Economics of Innovation 7.5 credits
This course has been discontinued.
Last planned examination: Spring 2018
Decision to discontinue this course:
No information insertedInformation per course offering
Course offerings are missing for current or upcoming semesters.
Course syllabus as PDF
Please note: all information from the Course syllabus is available on this page in an accessible format.
Course syllabus ME2711 (Spring 2015–)Content and learning outcomes
Course contents
Intended learning outcomes
On completion of the course the students should be able to:
- Understand the meaning of concepts such as R&D, technology, technology dispersion, markets for technology, invention, innovation, productivity.
- Understand the importance of the innovation processes of the companies and the leverage effect that can be created by utilising industrial, regional and national innovation systems.
- Show ability to understand the often complex nature of the innovative activities
- Understand why funding of innovative activities can be a problem
- Understand why the private return on investment on innovative activities is often lower than the social return on investment
- Understand how innovative activities can be converted to new knowledge, technical changes and economical growth.
- Understand the importance of the globalisation for innovative activities.
Literature and preparations
Specific prerequisites
At least 120 cr of higher ducation, of which at least 30 cr within industrial economics/mathematics/economics/statistics, and documented knowledge in English B or the equivalent
Recommended prerequisites
Equipment
Literature
Hall, B.H., Rosenberg, N. (2010), Handbooks in Economics: Economics of Innovation, North Holland
Examination and completion
If the course is discontinued, students may request to be examined during the following two academic years.
Grading scale
Examination
- TEN1 - Exam, 5.0 credits, grading scale: A, B, C, D, E, FX, F
- ÖVN1 - Assignments, 2.5 credits, grading scale: P, F
Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.
The examiner may apply another examination format when re-examining individual students.
Opportunity to complete the requirements via supplementary examination
Opportunity to raise an approved grade via renewed examination
Examiner
Ethical approach
- All members of a group are responsible for the group's work.
- In any assessment, every student shall honestly disclose any help received and sources used.
- In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.
Further information
Course room in Canvas
Offered by
Main field of study
Education cycle
Add-on studies
Contact
Supplementary information
Replaces AH2011