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| ITEO5009 | Microeconomics of Innovation | 3+0+0 | ECTS:7.5 | | Year / Semester | Fall Semester | | Level of Course | Second Cycle | | Status | Elective | | Department | DEPARTMENT of ECONOMICS | | Prerequisites and co-requisites | None | | Mode of Delivery | Face to face, Group study, Practical | | Contact Hours | 14 weeks - 3 hours of lectures per week | | Lecturer | Prof. Dr. Seyfettin ARTAN | | Co-Lecturer | | | Language of instruction | Turkish | | Professional practise ( internship ) | None | | | | The aim of the course: | | This course intends to provide students with a solid understanding of microeconomics of innovation
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| Programme Outcomes | CTPO | TOA | | Upon successful completion of the course, the students will be able to : | | | | PO - 1 : | analysis the role of innovations in microeconomics | 3 - 5 - 7 | 1,3,5 | | PO - 2 : | analysis innovation and strategy of the firm | 3 - 5 - 7 | 1,3,5 | | PO - 3 : | analysis knowledge spillovers and externalities | 3 - 5 - 7 | 1,3,5 | | PO - 4 : | analysis market structure and innovations | 3 - 5 - 7 | 1,3,5 | | PO - 5 : | analysis labor market and innovations
| 3 - 5 - 7 | 1,3,5 | | CTPO : Contribution to programme outcomes, TOA :Type of assessment (1: written exam, 2: Oral exam, 3: Homework assignment, 4: Laboratory exercise/exam, 5: Seminar / presentation, 6: Term paper), PO : Learning Outcome | | |
| This course analysis the major topics of microeconomics of innovation
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| Course Syllabus | | Week | Subject | Related Notes / Files | | Week 1 | Technology and knowledge | | | Week 2 |
Innovation and strategy of the firm
| | | Week 3 | Knowledge spillovers and externalities | | | Week 4 | Competition and innovation | | | Week 5 | Market structure and innovation | | | Week 6 | Market structure and innovation | | | Week 7 | Production functions, productivity and innovation | | | Week 8 | Mid-term exam | | | Week 9 | Production functions, productivity and innovation | | | Week 10 | Intellectual property rights and patents | | | Week 11 | Networks and standardization | | | Week 12 | R&D investment and productivity | | | Week 13 | Labor market and innovation | | | Week 14 | Labor market and innovation | | | Week 15 | Climate change and technology | | | Week 16 | End-of-term exam | | | |
| 1 | Atkinson, Robert D. and Stephen, J. Ezell, 2012; Innovation Economics: The Race for Global Advantage,Yale University Press, New Haven and London | | | 2 | Lerner, J. 2012; The Architecture of Innovation: The Economics of Creative Organizations, Harvard Business School Publishing Corporation, USA | | | |
| 1 | Kauko, Karlo, 2000; The Microeconomics of Innovation, Bank of Finland Studies, Helsinki | | | |
| Method of Assessment | | Type of assessment | Week No | Date | Duration (hours) | Weight (%) | | Mid-term exam | 8 | 11/11/2024 | 2 | 30 | | Quiz | 12 | 02/12/2024 | 1 | 20 | | End-of-term exam | 16 | 06/01/2025 | 2 | 50 | | |
| Student Work Load and its Distribution | | Type of work | Duration (hours pw) | No of weeks / Number of activity | Hours in total per term | | Yüz yüze eğitim | 3 | 14 | 42 | | Sınıf dışı çalışma | 8 | 14 | 112 | | Arasınav için hazırlık | 12 | 2 | 24 | | Arasınav | 2 | 1 | 2 | | Ödev | 3 | 2 | 6 | | Kısa sınav | 1 | 1 | 1 | | Dönem sonu sınavı için hazırlık | 12 | 3 | 36 | | Dönem sonu sınavı | 2 | 1 | 2 | | Total work load | | | 225 |
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