Martin Wörter: Catalogue data in Autumn Semester 2017 |
Name | Prof. Dr. Martin Wörter |
Address | KOF Konjunkturforschungsstelle ETH Zürich, LEE F 111 Leonhardstrasse 21 8092 Zürich SWITZERLAND |
Telephone | +41 44 632 51 51 |
woerter@kof.ethz.ch | |
Department | Management, Technology, and Economics |
Relationship | Adjunct Professor |
Number | Title | ECTS | Hours | Lecturers | |
---|---|---|---|---|---|
363-1036-00L | Empirical Innovation Economics | 3 credits | 2G | M. Wörter | |
Abstract | The course focuses on important factors that drive the innovation performance of firms, like innovation capabilities, science-industry relationships, environmental policy and it shows how innovation activities relate to firm performance and to the technological dynamic of industries. Hence, the course provides an understanding of the relationship between technical change and industrial dynamics. | ||||
Objective | The course provides students with the basic skills to understand and assess empirically the technological activities of firms and the technological dynamics of industries. | ||||
Content | The course consists of two parts. Part I provides an introduction into important topics in the field of the economics of innovation. Part II consists of empirical exercises based on the KOF Innovation Data. In part I we will learn about ...a) market conditions that encourage firms to invest in R&D (Research and Development) and develop new products. ...b) the role of universities for the technological activities of a firm (technology transfer). ...c) how technologies diffuse among firms. ...d) how the R&D activities of firms are affected by economic crises and how firms finance their R&D activities. ...e) how we can measure the returns to R&D activities. ...f) how (environmental) policies affect the technological activities of a firm. In part II we will use the KOF Innovation Survey Data in order to assess empirically the technological activities of firms referring to the topics introduced in part I. | ||||
Lecture notes | Will be provided in the course | ||||
Literature | Literature will be presented in the course. For an introduction into the economics of innovation see G.M. Peter Swann, The Economics of Innovation - an Introduction, Edward Elgar, 2009. For an overview of empirical innovation studies see W.M. Cohen (2010): Fifty Years of Empirical Studies of Innovation Activities and Performance, in: B.H Hall, N. Rosenberg (eds.), Handbook of Economics of Innovation, volume 1, Elsevier, pp. 129-213. | ||||
Prerequisites / Notice | Course is directed to advanced Master-Students and PhD Students with an interest in empirical work. | ||||
751-0901-00L | Introduction to Microeconomics | 3 credits | 2G | M. Wörter, M. Beck | |
Abstract | Introduction to the economic decisions of households and firms, and their coordination through perfectly competitive markets. | ||||
Objective | Thorough understanding of basic microeconomic models. Ability to apply these models to real world situations. | ||||
Content | Market, budget constraint, preferences, utility function, utility maximisation, demand, technology, profit function, cost minimisation, cost functions, perfect competition | ||||
Lecture notes | Course material in e-learning environment https://moodle-app2.let.ethz.ch/auth/shibboleth/login.php | ||||
Literature | Varian, Hal R. (2014), Intermediate Microeconomics, W.W. Norton |