Course syllabus for Innovation economics

The course syllabus contains changes
See changes

Course syllabus adopted 2022-05-02 by Head of Programme (or corresponding).

Overview

  • Swedish nameInnovationsekonomi
  • CodeIOE012
  • Credits7.5 Credits
  • OwnerTKIEK
  • Education cycleFirst-cycle
  • Main field of studyIndustrial Engineering and Management
  • DepartmentTECHNOLOGY MANAGEMENT AND ECONOMICS
  • GradingTH - Pass with distinction (5), Pass with credit (4), Pass (3), Fail

Course round 1

  • Teaching language Swedish
  • Application code 51142
  • Block schedule
  • Open for exchange studentsNo
  • Only students with the course round in the programme overview.

Credit distribution

0121 Examination 7.5 c
Grading: TH		7.5 c
  • 25 Okt 2021 am J DIG
  • 04 Jan 2022 pm J DIG
  • 19 Aug 2022 pm J DIG

In programmes

Examiner

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Eligibility

General entry requirements for bachelor's level (first cycle)
Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.

Specific entry requirements

The same as for the programme that owns the course.
Applicants enrolled in a programme at Chalmers where the course is included in the study programme are exempted from fulfilling the requirements above.

Course specific prerequisites

IDY024 Profitability analysis and financial management and TEK730 Financial statement analysis and corporate valuation.

Aim

The overall purpose of this course is to provide perspectives, concepts, models and methods that provide a theory-oriented platform for economic analysis of innovations and for innovation management.

Learning outcomes (after completion of the course the student should be able to)

After completing the course, the student should be able to:
1. Explain and relate economic dynamics and causes and consequences of innovations and new technologies. 
 
2. Use statically oriented micro-economics, as well as business economics. 
 
3. Describe and use a coherent framework as well as tools (both qualitative and quantitative) for economic analysis of innovations and new business development.
4. Describe and explain innovations, business models, business development and venture financing, and the relations between them. 
 
5. Identify, describe, and explain environmental issues, in particular environmental innovation economics.
6. Use basic commercial law, and relate it to technology and IP affairs.
7. Use and criticize information in newspapers, professional journals, and other media. 
8. Use professional language related to innovation economics.

Content

This is a course in an increasingly important branch of industrial economics. The course arises out of a need to provide undergraduate and graduate students in engineering and economics with concepts and tools for analyzing innovations. Innovations of all sorts, not only technical innovations, provide the most important source of industrial competitiveness, economic growth, and well-being, and increasingly so in the new type of economy, based on knowledge in general and new technologies in particular.

Organisation

The course comprises a series of lectures and exercises, as well as guest lectures. The course is designed to take advantage of the advanced engineering students' knowledge of mathematics and quantitative methods of analysis. The lectures will typically include interactive sessions during which students are trained in learning through and about interaction, argumentation and communication. In addition to lectures, calculation exercises, group exercises and games are used to train the students' ability to apply the theories and models presented in the lectures. The written language of the course is English, although exam answers can be given in Swedish. The spoken language of the course is a mix of Swedish and English.

Literature

Granstrand, O. (2018) Industrial Innovation Economics and Intellectual Property (7th edition). Gothenburg: Svenska Kulturkompaniet. See course outline for latest and additional information.

Examination including compulsory elements

The examination of the course consists of a written end-term exam and compulsory activities.

The course examiner may assess individual students in other ways than what is stated above if there are special reasons for doing so, for example if a student has a decision from Chalmers on educational support due to disability.

The course syllabus contains changes

  • Changes to module:
    • 2022-05-02: Digital exam Changed to digital exam by Emilio
      [0121 Examination 7,5 credit] Changed to digital examination
  • Changes to examination:
    • 2022-05-02: Digital exam Changed to digital exam by Emilio
      [0121 Exam 7,5 hp] Changed to digital examination
    • 2022-05-02: Digital exam Changed to digital exam by Emilio
      [0121 Exam 7,5 hp] Changed to digital examination
  • Changes to course rounds:
    • 2021-04-17: Block Block B added by samma som IOE012
      [Course round 1]