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Module Specifications..

Current Academic Year 2023 - 2024

Please note that this information is subject to change.

Module Title Innovation Economics
Module Code EF338
School DCUBS
Module Co-ordinatorSemester 1: Silvia Rocchetta
Semester 2: Silvia Rocchetta
Autumn: Silvia Rocchetta
Module TeachersSilvia Rocchetta
NFQ level 8 Credit Rating 5
Pre-requisite None
Co-requisite None
Compatibles None
Incompatibles None
Repeat examination

Science, technology, and innovation in its different forms and facets are the driving force behind long-term economic growth. This course introduces the major topics of economic analysis of innovation. The module will cover the measurement of innovation, productivity and growth and will provide students with an understanding of key factors driving innovation activities, barriers to these activities, how innovation diffuses, and how it affects the economy. The module will consider how different market structures shape innovation and how public policies can help drive innovative activities. Throughout the module will mix the theoretical insights with practical applications in the firm and for policymakers

Learning Outcomes

1. be able to explain key concepts related to the economics of science and technology
2. demonstrate general knowledge and understanding of the microeconomics and macroeconomics of innovation and the links between the two
3. gain frameworks and tools to understand key-issues in this field e.g. how do we measure innovation? How do firms exploit innovation in different sectors?
4. be able to apply simple theoretical and empirical models to the analysis of economic and policy issues related to innovation;

Workload Full-time hours per semester
Type Hours Description
Lecture24No Description
Independent Study50No Description
Assignment Completion51No Description
Total Workload: 125

All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml

Indicative Content and Learning Activities

Indicative content
• What is Innovation? Foundation of Innovation economics. • Intellectual property and knowledge spillovers. • Market failure and innovation policy: • The measurement of innovation, productivity, and growth. • Product, process, and cumulative innovations. • The role of innovation in economic growth models and innovation and globalisation. • Innovation and firms dynamics: Innovation & market power and market structure. • The market for technology: Value of innovation & patent races and strategic investment in R&D. • Networks & network effects. • Diffusion and social returns of innovation; • Institutions and Innovation .

Assessment Breakdown
Continuous Assessment50% Examination Weight50%
Course Work Breakdown
TypeDescription% of totalAssessment Date
EssayPast innovation reflective assessment50%n/a
Reassessment Requirement Type
Resit arrangements are explained by the following categories;
1 = A resit is available for all components of the module
2 = No resit is available for 100% continuous assessment module
3 = No resit is available for the continuous assessment component
This module is category 1
Indicative Reading List

    Other Resources

    Programme or List of Programmes
    AFBA in Accounting and Finance
    BSBachelor of Business Studies
    BSEBachelor of Business Studies (Exchange)
    BSIBusiness Studies ( with INTRA )
    EBCBA in Global Business (Canada)
    EBFBA in Global Business (France)
    EBGBA in Global Business (Germany)
    EBSBA in Global Business (Spain)
    EBTBA in Global Business (USA)
    INTBBachelor Business Studies International

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