Economics of Innovation (ECON442) Course Detail

Course Name Course Code Season Lecture Hours Application Hours Lab Hours Credit ECTS
Economics of Innovation ECON442 General Elective 3 0 0 3 6
Pre-requisite Course(s)
N/A
Course Language English
Course Type Elective Courses
Course Level Bachelor’s Degree (First Cycle)
Mode of Delivery Face To Face
Learning and Teaching Strategies Lecture, Discussion, Question and Answer, Team/Group, Brain Storming, Role Play.
Course Coordinator
Course Lecturer(s)
  • Dr. Dr. Öğr. Üyesi
Course Assistants
Course Objectives This course aims to scrutinize the role innovation in the economic development of developing countries. With a particular emphasis on technology, innovation and commercialization, this course aims to equip the students with a general background on how innovation can promote economic development.
Course Learning Outcomes The students who succeeded in this course;
  • the student can describe the contribution of, technology and innovation and commercialization in economic development
  • the student can describe different approaches to adoption of technology and diffusion of innovation in different economic systems
  • the student can analyze the technological opportunities and challenges open to developing countries
Course Content The role of science, technology and innovation in economics at the macro and at the micro level; the diffusion and absorption of innovation; issues concerning the measurement of innovation; the national, regional systems of innovation and clusters; the relationship between R&D support mechanisms and economic performance in Turkey.

Weekly Subjects and Releated Preparation Studies

Week Subjects Preparation
1 Why should science, technology and innovation be studied? Freeman, Chris and Luc Soete, 1997. The Economics of Industrial Innovation (Third Edition) MIT Press, Chapter 1
2 What makes societies successful innovators? Freeman, Chris and Luc Soete, 1997. The Economics of Industrial Innovation (Third Edition) MIT Press, Part 1
3 The Macroeconomic Perspective. Science and Technology as factors of growth. Freeman, Chris and Luc Soete, 1997. The Economics of Industrial Innovation (Third Edition) MIT Press, Part 3
4 Macroeconomic Implications of the Diffusion of Innovations Freeman, Chris and Luc Soete, 1997. The Economics of Industrial Innovation (Third Edition) MIT Press, Part 3
5 The Microeconomic Perspective. Are Innovative firms any different? William LAzonick, The Innovative firm, in Fagerberg, D.C. Mowery and R.R. Nelson (eds) 2005 The Oxford Handbook of Innovation, Oxford University Press, Chapter 2.
6 Innovation and diffusion Bronwyn Hall, Innovation and diffusion, Fagerberg, D.C. Mowery and R.R. Nelson (eds) 2005 The Oxford Handbook of Innovation, Oxford University Press, Chapter 17.
7 Midterm
8 Methodology of Measurement of Innovation Hall, B., Mairesse, J. and Mohnen, P. (2010) Measuring the Returns to R&D.
9 Methodology of Measurement of Innovation Smith, Keith (2005) Measuring Innovation in Fagerberg, D.C. Mowery and R.R. Nelson (eds) 2005 The Oxford Handbook of Innovation, Oxford University Press
10 Systemic Nature of Innovation Charles Edquist, Systems of Innovation: Pespectives and Challenges in Fagerberg, D.C. Mowery and R.R. Nelson (eds) 2005 The Oxford Handbook of Innovation, Oxford University Press, Chapter 7
11 Systemic Nature of Innovation Bjorn Asheim and Meric Gertler: The Geography of Innovation in Fagerberg, D.C. Mowery and R.R. Nelson (eds) 2005 The Oxford Handbook of Innovation, Oxford University Press, Chapter 10
12 Innovation and Economic Performance Bart Verspagen, Innovation and Economic Growth in Fagerberg, D.C. Mowery and R.R. Nelson (eds) 2005 The Oxford Handbook of Innovation, Oxford University Press, Chapter 19
13 Innovation and Economic Performance Manuel M. Godhino and Jan Fagerberg: Innovation and Catching –up in Fagerberg, D.C. Mowery and R.R. Nelson (eds) 2005 the Oxford Handbook of Innovation, Oxford University Press,Chapter 20
14 R&D Support and outcomes in Turkey Özçelik, E. and Taymaz, E. (2008) R&D support programs in developing countries: The Turkish experience, Research Policy vol 37,pp 258–275.
15 General Review
16 Final Exam

Sources

Course Book 1. Freeman, Chris and Luc Soete, (1997). The Economics of Industrial Innovation (Third Edition) MIT Press
Other Sources 2. Fagerberg, D.C. Mowery and R.R. Nelson (eds) (2005) The Oxford Handbook of Innovation, Oxford University Press

Evaluation System

Requirements Number Percentage of Grade
Attendance/Participation 15 5
Laboratory - -
Application - -
Field Work - -
Special Course Internship - -
Quizzes/Studio Critics - -
Homework Assignments - -
Presentation 1 15
Project 1 25
Report - -
Seminar - -
Midterms Exams/Midterms Jury 1 15
Final Exam/Final Jury 1 40
Toplam 19 100
Percentage of Semester Work 60
Percentage of Final Work 40
Total 100

Course Category

Core Courses X
Major Area Courses
Supportive Courses
Media and Managment Skills Courses
Transferable Skill Courses

The Relation Between Course Learning Competencies and Program Qualifications

# Program Qualifications / Competencies Level of Contribution
1 2 3 4 5
1 Integrates and utilizes the information, skills, and approaches obtained from basic, clinical, and medical sciences, behavioral sciences, and social sciences when offering healthcare services.
2 Offers healthcare services to patients with a biopsychosocial approach where the sociodemographic and sociocultural backgrounds of these individuals are taken into consideration, focusing on the universal human values, ethical principles, and professional duties; without exercising discrimination on the basis of language, religion, race, or sex.
3 Aims to protect, improve, and develop individual and public health when offering healthcare services.
4 Performs the necessary studies in sustaining and improving health, taking into the individual, public, social, and environmental factors to affect it.
5 Trains healthy individuals/ patients, their relatives, and other healthcare workers in healthcare upon determining the features, requirements, and expectations of their target audience.
6 Exercises a safe, rational, and effective approach in the procedures of prevention, diagnosis, treatment, follow-up, and rehabilitation; while offering healthcare services.
7 Implements interventional and/or non-interventional practices in a way that is safe and effective for patients during the procedures of diagnosis, treatment, follow-up, and rehabilitation.
8 Offers healthcare services taking into account the health and safety of patients and employees.
9 Takes the regional and global changes in physical and socioeconomic settings to affect health, as well as the changes in the individual features and behaviors of patients referring to them into account, while offering healthcare.
10 Takes the good medical practices into account while performing their duties.
11 Undertakes the tasks and duties within the framework of their professional ethical rules, as well as their legal rights and duties.
12 Stands for the improvements in the manner in which healthcare services are offered, taking into account the concepts of social reliability and social duty, in an effort to protect and improve individual and public health.
13 Evaluates the effects of health policies and healthcare practices on public health indicators, and, where required, amends their evaluation on the grounds of scientific and social needs; in an effort to help improve the quality of healthcare services.
14 Leads their healthcare team while offering healthcare services, in a participative, and collaborative manner.
15 Establishes positive relationships within their healthcare team; and where needed, easily adapts to various positions among their team.
16 Exercises effective communication with patients, the relatives of patients, healthcare professionals, and groups from other professions, as well as institutions and organizations.
17 Plans and conducts scientific studies on the society to which they serve, and use the results of these, or those from other studies, to benefit the society.
18 Accesses the current literature on their profession, and evaluates them with a critical approach.
19 Chooses the correct sources of learning to improve the healthcare services that they offer, and regulates their own learning process.
20 Demonstrates the skills of obtaining and evaluating new information, integrating newer pieces of information with their current ones, as well as adapting to changing conditions throughout their professional life.

ECTS/Workload Table

Activities Number Duration (Hours) Total Workload
Course Hours (Including Exam Week: 16 x Total Hours) 14 3 42
Laboratory
Application
Special Course Internship
Field Work
Study Hours Out of Class 14 2 28
Presentation/Seminar Prepration 1 5 5
Project 1 7 7
Report
Homework Assignments 1 57 57
Quizzes/Studio Critics
Prepration of Midterm Exams/Midterm Jury 1 2 2
Prepration of Final Exams/Final Jury 1 2 2
Total Workload 143