Economics of Innovation (ECON442) Ders Detayları

Course Name Corse Code Dönemi Lecture Hours Uygulama Saati Lab Hours Credit ECTS
Economics of Innovation ECON442 Elective Courses 3 0 0 3 6
Pre-requisite Course(s)
N/A
Course Language İngilizce
Course Type Elective Courses
Course Level Lisans
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)
  • Asst. Prof. Dr. Elif Kalaycı
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
  • the student can describe the policy and institutional options that developing countries can pursue
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 Accumulated knowledge on mathematics, science and mechatronics engineering; an ability to apply the theoretical and applied knowledge of mathematics, science and mechatronics engineering to model and analyze mechatronics engineering problems.
2 An ability to differentiate, identify, formulate, and solve complex engineering problems; an ability to select and implement proper analysis, modeling and implementation techniques for the identified engineering problems.
3 An ability to design a complex system, product, component or process to meet the requirements under realistic constraints and conditions; an ability to apply contemporary design methodologies; an ability to implement effective engineering creativity techniques in mechatronics engineering. (Realistic constraints and conditions may include economics, environment, sustainability, producibility, ethics, human health, social and political problems.)
4 An ability to develop, select and use modern techniques, skills and tools for application of mechatronics engineering and robot technologies; an ability to use information and communications technologies effectively.
5 An ability to design experiments, perform experiments, collect and analyze data and assess the results for investigated problems on mechatronics engineering and robot technologies.
6 An ability to work effectively on single disciplinary and multi-disciplinary teams; an ability for individual work; ability to communicate and collaborate/cooperate effectively with other disciplines and scientific/engineering domains or working areas, ability to work with other disciplines.
7 An ability to express creative and original concepts and ideas effectively in Turkish and English language, oral and written, and technical drawings.
8 An ability to reach information on different subjects required by the wide spectrum of applications of mechatronics engineering, criticize, assess and improve the knowledge-base; consciousness on the necessity of improvement and sustainability as a result of life-long learning; monitoring the developments on science and technology; awareness on entrepreneurship, innovative and sustainable development and ability for continuous renovation.
9 Consciousness on professional and ethical responsibility, competency on improving professional consciousness and contributing to the improvement of profession itself.
10 A knowledge on the applications at business life such as project management, risk management and change management and competency on planning, managing and leadership activities on the development of capabilities of workers who are under his/her responsibility working around a project.
11 Knowledge about the global, societal and individual effects of mechatronics engineering applications on the human health, environment and security and cultural values and problems of the era; consciousness on these issues; awareness of legal results of engineering solutions.
12 Competency on defining, analyzing and surveying databases and other sources, proposing solutions based on research work and scientific results and communicate and publish numerical and conceptual solutions.
13 Consciousness on the environment and social responsibility, competencies on observation, improvement and modify and implementation of projects for the society and social relations and be an individual within the society in such a way that planing, improving or changing the norms with a criticism.

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