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Apr 19, 2024
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ECON 4110 - Economics of Innovation and New Technologies
Technological innovation is responsible for most economic growth and is crucial to deal with major societal concerns. This course examines the economics of innovation and new technologies. It shows how technologies are created and put to use, from basic science through invention and development to diffusion and practical use. Additional topics include R&D determinants, sources of innovation, product improvement, cost reduction, incentivizing and stimulating innovation, patents, evolution of innovation and technology, innovative competition in industry, and the national innovation environment. This is a communication-intensive course.
Prerequisites/Corequisites: IHSS 1200 or ECON 1200, and MATH 1010 or MATH 1500.
When Offered: Fall term annually.
Cross Listed: ECON 6110.
Credit Hours: 4
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