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Innovation Economics

Code 16304
Year 1
Semester S1
ECTS Credits 6
Workload TP(30H)
Scientific area Economics
Entry requirements Not applicable.
Learning outcomes The curricular unit aims, in terms of knowledge: to provide concepts, theories and models necessary for the analysis of innovation and knowledge.
In terms of skills, It has as main objectives: to provide in-depth and up-to-date training in the framework of Innovation Economics; and to contribute to the training of the student in a broader framework for interpreting phenomena of economic dynamics, innovation and technological change.
As regards the competencies to be developed by the student, the use in the curricular unit implies that the student is capable of:
- Situate and apply, the main Theories of Innovation in addressing long-term economic dynamics;
- Discuss and critically evaluate the main options of innovation and technological policies in the contexts of the experiences of OECD and EU countries and peripheral and dependent industrialization; and
- Expand the autonomous development capabilities of research work.
Syllabus 1. Concepts and indicators
2. Economic fundamentals of innovation
3. Innovation and technological change
4. Sectoral standards of innovation
5. Innovation systems and ecosystems
6. Innovation policies
Main Bibliography Basic books:

Tidd, J. & Bessant, R. (2020). Managing Innovation: Integrating Technological, Market and Organizational Change, 7th Edition. ISBN: 978-1-119-71330-2

Swann, P. (2009). The Economics of Innovation: An Introduction, Edward Elgar, Cheltenham, UK. ISBN: ? 978-1848440272

Leitão, J. (2019). Open Innovation Business Modeling. Gamification and Design Thinking Applications. Contributions to Management Science, Springer. ISBN: 978-3-319-91281-3

Leitão, J.; Ratten, V.; & Barroca, J. (Ed.s) (2020). A Guide to Planning and Managing Open Innovative Ecosystems, Emerald. ISBN: 978-1-78973-410-2

Complimentary books:

Baumol, W. (2002). The Free-Market Innovation Machine: Analysing the Growth Miracle of Capitalism, Princeton, New Jersey: Princeton University Press.

Geroski, P. (2003). The evolution of new markets. Oxford University Press.

Klepper, S. (2015), Experimental capitalism: the nanoeconomics of American high-tech industries. Princeton University Press.
Teaching Methodologies and Assessment Criteria Bearing in mind the objectives focused on the development and acquisition of the competencies proposed for the present curricular unit, the following methodologies are used: (1) Expository: presentation of concepts, models and empirical approaches of the Theory of Innovation; (2) Participatory: analysis and discussion of studies, reports, articles and case studies on innovation topics, which prepare the student for the autonomous development of research work; (3) Self-study: related to the student's autonomous work in the preparation of a working document on innovation themes: policies; innovation capacity; economic activity sectors; or companies; and (4) Active: with an individual test. The evaluation instruments are: (1) Writing and defence of a working paper (60%); and (2) Written test (40%).
Language Portuguese. Tutorial support is available in English.
Last updated on: 2023-09-19

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