363-1036-00L  Empirical Innovation Economics

SemesterAutumn Semester 2018
LecturersM. Wörter
Periodicityyearly recurring course
Language of instructionEnglish


363-1036-00 GEmpirical Innovation Economics
Irregular lecture.
Additional dates:

13.12.2018, 9.00 - 13.00 h
14.12.2018, 9.00 - 13.00 h
26s hrs
Thu/110:15-12:00LEE F 118 »
13.12.09:15-13:00LEE F 118 »
14.12.09:15-13:00LEE F 118 »
M. Wörter

Catalogue data

AbstractThe course focuses on important factors that drive the innovation performance of firms, like innovation capabilities, the use of digital technologies, 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.
ObjectiveThe course provides students with the basic skills to understand and assess empirically the technological activities of firms and the technological dynamics of industries.
ContentThe 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 various data sets, e.g., the KOF Innovation Data, data about the digitization of firms, or patent 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, data on digitization of firms, or other data sources, to investigate empirically the technological activities of firms in relation to the topics introduced in part I.
Lecture notesWill be provided in the course
LiteratureLiterature 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 / NoticeCourse is directed to advanced Master-Students and PhD Students with an interest in empirical work.

Performance assessment

Performance assessment information (valid until the course unit is held again)
Performance assessment as a semester course
ECTS credits3 credits
ExaminersM. Wörter
Typegraded semester performance
Language of examinationEnglish
RepetitionRepetition only possible after re-enrolling for the course unit.
Additional information on mode of examinationThe students write an essay about a subject in the field of "empirical innovation economics". The topic of the essay will be defined during the class. The students will give a presentation of the results towards the end of the term.

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Offered in

Doctoral Department of Management, Technology, and EconomicsDoctoral Studies in EconomicsWInformation
Management, Technology and Economics MasterElective CoursesWInformation