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  Economics of Innovation (Lecture and Tutorial) (EcoInno)

Lecturer
Prof. Dr. Markus Nagler

Details
Vorlesung mit Übung
Online
4 cred.h, ECTS studies, ECTS credits: 5, Sprache Englisch, Lecture recordings will be provided. See StudOn for all details.
Zeit: Mon, Tue 9:45 - 11:15, Zoom-Meeting; comments on time and place: https://fau.zoom.us/j/94629696445

Fields of study
WPF DSME 2 (ECTS-Credits: 5)
WF DSME 2 (ECTS-Credits: 5)

Recommended literature
Arrow, Ken (1962), "Economic Welfare and the Allocation of Resources for Invention," in The Rate and Direction of Inventive Activity: 609-619, National Bureau of Economic Research.
Bloom, Nicholas, John Van Reenen and Heidi Williams (2019): “A Toolkit of Policies to Promote Innovation,” Journal of Economic Perspectives 33(3): 163-184
Bryan, Kevin and Heidi Williams (forthcoming): “Markets for innovation: Market failures and public policies”, Handbook of Industrial Organization

ECTS information:
Credits: 5

Prerequisites
Basic microeconomics, basic econometrics

Contents
The lecture provides an introduction to economic issues of innovation and new ideas. The course first sets out general problems in the economics of innovation such as the public goods nature of ideas and the importance of innovation for economic prosperity. The course then discusses labor and personnel issues in innovation policy, for example the impact of immigration on innovation. Then, the course digs into issues in intellectual property rights and public economics topics such as public funding of research or the role of universities. Finally, the course discusses the economics of science and ends with a short lecture on the impact of innovation on inequality.

Additional information
Keywords: Innovation, empirical economics, economics, intellectual property
Expected participants: 20, Maximale Teilnehmerzahl: 24
www: https://www.labor.rw.fau.de/

Department: Juniorprofessur für Quantitative Labor Economics
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