Guías Académicas

ECONOMICS OF INNOVATION

ECONOMICS OF INNOVATION

GRADO ECONOMÍA

Curso 2024/2025

1. Datos de la asignatura

(Fecha última modificación: 27-05-24 12:52)
Código
103757
Plan
ECTS
6.00
Carácter
OPTATIVA
Curso
4
Periodicidad
Primer Semestre
Idioma
ESPAÑOL
Área
FUNDAMENTOS DEL ANÁLISIS ECONÓMICO
Departamento
Economía e Historia Económica
Plataforma Virtual

Campus Virtual de la Universidad de Salamanca

Datos del profesorado

Profesor/Profesora
Rebeca Jiménez Rodríguez
Grupo/s
1
Centro
Fac. Economía y Empresa
Departamento
Economía e Historia Económica
Área
Fundamentos del Análisis Económico
Despacho
206 Edificio FES
Horario de tutorías
URL Web
https://diarium.usal.es/rebecajimenez/
E-mail
rebeca.jimenez@usal.es
Teléfono
923294500 (Ext. 4668)

2. Recomendaciones previas

Students must have a solid background in Algebra, Mathematical Analysis, Statistics I, Statistics II, Macroeconomics I, Macroeconomics II, Macroeconomics III, Microeconomics I, Microeconomics II, Microeconomics III, Econometrics I and Econometrics II.

It is also advisable to have basic computer skills (Windows environment).

The course is taught in English and, consequently, students should have a good command of English (minimum level: B2).

3. Objetivos

Learning outcomes:

 

- Understanding the fundamental terminology essential for engaging in structured and accurate conversations about innovation.

- Carrying out applications of statistic and econometric techniques by themselves, as well as being initiated into the realization of empirical investigations.

- Analyzing the results from an economic perspective, maintaining a critical sense when evaluating the uncertainty associated to the results.

4. Competencias a adquirir | Resultados de Aprendizaje

Básicas / Generales | Conocimientos.

- Learning to apply econometric methods in an empirical context related to innovation.

- Training to discern between alternative methods of analysis.

- Competency in the use of statistical and econometric software.

- A certain degree of development of their capacity to carry out their own empirical research.

Específicas | Habilidades.

.- Developing the ability to choose the most suitable econometric techniques between those known for data analysis in a particular case. It covers competence CE.4 of the Bachelor’s Degree in Economics.

- Learning to apply the econometric methods studied in an empirical context related to innovation, maintaining a critical sense when assessing the uncertainty associated to the results. It covers competence CE.3 of the Bachelor’s Degree in Economics.

- Ability to judge the results of econometric analyses obtained by themselves, and/or to start conducting empirical researches leading to those results. It covers competences CE5, CE.10, CE.12 and CE.17 of the Bachelor’s Degree in Economics.

- Competency to read and communicate effectively in English within a professional environment. It covers competence CE. 14 of the Bachelor’s Degree in Economics.

 

Transversales | Competencias.

Specifically, the following skills are developed:

- Autonomous learning ability. It covers competence C.23 of the Bachelor’s Degree in Economics.

- Adaptability to new situations. It covers competence C.24 of the Bachelor’s Degree in Economics.

- Ability to develop scientific criticism and self-criticism. It covers competence C.25 of the Bachelor’s Degree in Economics.

5. Contenidos

Teoría.

- Definition of key economic concepts related to innovation.

- Analysis of real-world scenarios concerning innovation.

- Use of databases.

- Empirical applications of statistical and econometric techniques for modelling innovation data.

- Analysis and interpretation of finding from empirical studies.

- Role of innovation in economic growth.

- Evaluation of the relevance of innovation policies.

6. Metodologías Docentes

Activities under teacher supervision:

  • Master Sessions:

-      Introductory activities

-      Theoretical activities

  • Practical activities: 
  • In the classroom
  • In the computer classroom
  • Specific tutoring
  • Presentations and debates

 

Autonomous practical activities (without teacher supervision):

  • Complementary readings.
  • Performing and analyzing empirical examples.
  • Preparation of an essay/paper.     
  • Conducting research and preparing presentations.

 

Evaluation tests

7. Distribución de las Metodologías Docentes

8. Recursos

Libros de consulta para el alumno.

Fagerberg, J. and D.C. Mowery (2006). The Oxford Handbook of Innovation. Oxford University Press.

Fagerberg, J., Mowery, D.C. and R. Nelson (2009). The Oxford Handbook of Innovation. Oxford University Press.

Hamilton, J. (1994. Time Series Analysis. Princeton.

Hsiao, C. (2007). Analysis of Panel Data. Cambridge University Press.

Wooldridge, J.M. (2010). Econometric Analysis of Cross Section and Panel Data Modeling. The MIT Press.

Otras referencias bibliográficas, electrónicas o cualquier otro tipo de recurso.

Arundel, A. and R. Garrelfs (1997), Innovation Measurement and Policies. European Commission, Luxembourg, EIMS publication 50.

Arundel, A. and I. Kabla (1998), “What percentage of innovations are patented? Empirical estimates for European firms”, Research Policy 27, 127–141.

Baltagi, B.H. (2013), Econometric analysis of panel data. Wiley. 5th edition.

Boeing, P. and P. Hünermund (2020), “A global decline in research productivity? Evidence from China and Germany”, Economics Letters 197, 109646.

European Commission (2003), The European Report on Science and Technology Indicators. European Commission, Brussels.

Hünermund, P. and D. Czarnitzki, D. (2019), “Estimating the Causal Effect of R&D Subsidies in a Pan-European Program”, Research Policy 48, 115–124.

Kline, S.J. and N. Rosenberg (1986), “An Overview of innovation” in R. Landau and N. Rosenberg (eds.) The positive sum strategy, National Academy Press, Washington D.C., pp. 275-304.

Licht, G. and K. Zoz (1996), “Patents and R&D: an econometric investigation using applications for German, European, and US patents by German companies”. ZEW Discussion Paper No. 19.

9. Evaluación

Criterios de evaluación.

Assessment criteria:

  • 40% of the final grade (continuous assessment grade): evaluation of the student work during the course, including the task of writing an essay/paper and giving a presentation.
  • 60% of the final grade: writing a final exam.

To pass the course, a definitive grade equal to or higher than 5 (out of 10) is required, without a minimum of grade in the continuous assessment or in the final exam (but always the sum of both must be equal to or higher than 5).

The assessment criteria will be the same in the ordinary call and the extraordinary call. Since the continuous assessment requires a follow-up throughout the course, you cannot resit this part in the extraordinary call or in the calls corresponding to the early evaluation.

Class attendance is mandatory and, consequently, is not part of the final grade.

The student must have fulfilled 80% of their face-to-face dedication so that their work is considered part of the final grade.

Sistemas de evaluación.

- Questionnaires.

- In-class assessment.

- Essay/paper.

- Presentations.

- Final exam.

Recomendaciones para la evaluación.

Consideraciones Generales.

Attendance and active participation in the Seminar, preparation and public presentation of work and mastery and the documents submitted are evaluated

Recomendaciones para la evaluación.

It is recommended that the student strives to pass the continuous assessment.

Recommendation for "second-chance" assessment

The grade obtained in the continuous assessment cannot be resat and will be maintained for all the calls that are made during the corresponding academic year, as well as for the call for early evaluation corresponding to the next academic year or the successive ones.

Recomendaciones para la recuperación.

The recovery, if any, is made on the condition of attendance and participation in the seminar