Environmental Monitoring and Recovery

Knowledge and understanding: The course aims at providing the basic concepts and theoretical elements of the Economics of Innovation by referring both to the innovation process as such - emphasising the determinants, obstacles and nature of such process – as well as to its economic implications. Using the theoretical and analytical tools they will receive during the course, students will be able to define and analyse technological and innovative phenomena, their economic consequences and related policies. Applying knowledge and understanding: By applying the theoretical and analytical tools provided during the course, students will be able to analyse key phenomena for the Economics of Innovation such as the introduction of process and product innovation, the relationship between innovative inputs and outputs, the dynamics of patents, the economic and employment impact of innovation and the linkage between innovation and market structure. Making judgement: Students will develop autonomy of judgement regarding the analysis of the economic impact of innovation, including heterogeneities between different types of innovation and the link between the potential economic consequences of innovation and the characteristics of the economic context where these consequences occur. Communication skills: Students will develop the ability to use analytical tools in order to understand and illustrate in written and oral form the characteristics, determinants and economic implications of technological innovation. Learning skills: Students will learn about the salient features and evolutionary process that characterizes technological change and innovation by recognizing the heterogeneity that characterizes such process and by critically interpreting the economic implications of different forms of innovation.