Mar 28, 2024  
2015-2016 Undergraduate Catalog 
    
2015-2016 Undergraduate Catalog [ARCHIVED CATALOG]

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ECON 418 - Economics of Innovation and Technology

(3.00)
This course examines the economic determinants and consequences of innovation, creative activity, and technological advance. It surveys both theoretical models and empirical studies of the determinants of creative and inventive activity. It considers classic statements of the role of the entrepreneur in economic life including those of Frank Knight, Joseph Schumpeter, and Israel Kirzner. It reviews estimates of private and social returns to investments in research and development. Policy issues involving patents, intellectual property, and public subsidies to research will also be considered. Students will be asked to develop case studies of both successful and unsuccessful business and technological innovations.

Course ID: 53343
Consent: No Special Consent Required
Components: Lecture
Attributes: Writing Intensive
Requirement Group: You must have completed ECON 311  with a grade of “C” or better before taking this class.



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