Economics of Innovation and Knowledge Creation Fachbereich Wirtschaftswissenschaften

Transcription

1 Lecture and Seminar (M.Sc.) Economics of Innovation and Knowledge Creation Fachbereich Wirtschaftswissenschaften Economic Policy Research Group (M.Sc. Rasmus Bode, Dominik Heinish, Johanes König) Summer Term 2017 Time Friday, 08:15-11:30 AB 08, R. 0113/0114 Overview Innovation drives growth and job creation in modern economies. Many of the products and services that we take for granted today were not even invented or barely known to a broad public 20 years ago. The economics on innovation try to shed some light on the factors that influence the creation and diffusion of knowledge, and the impact it has on society. In this course, fundamental concepts, theories and findings in the economics of innovation are introduced, and challenges for theoretical and empiric approaches will be discussed. We will also discuss intellectual property rights and the importance and structure of knowledge networks. Requirements (6 ECTS Credits): Seminar paper (about 15 pages; due date August 30, 2016) plus oral presentation (about 20 minutes) Attendance and active participation in the seminar sessions (dates will be announced) All individual requirements have to passed to earn credits. Maximum number of participants: 30 Please register for the course in the Cours Overview (Vorlesungsverzeichnis) at the university homepage. Selection of final participants will be based on registered person taking part in the introduction lesson. Topic assignments will be in the first lesson too. For further information, see Moodle.

2 Part I: Science : Introduction, Assignment of Topics : Knowledge as an Economic Good I: Knowledge Production in Science 1. Human Capital and Physical Capital in Science: Evidence from the Legacy of Nazi Germany Waldinger, F. (2012): Bombs, brains, and science: The role of human and physical capital for the creation of scientific knowledge, University of Warwick Working Paper : Open Science 1. The Impact of False Science : Evidence from Retracted Articles Azoulay, P., J. L. Furman, J. l. Krieger and F. Murray (2015): Retractions, Review of Economics and Statistics, 97(5): : The Production of Science 1. Specific Features of the Scientific Job-Market: A Supply Shock in American Mathematics. Borjas, G. J., and K. B. Doran (2012): The collapse of the Soviet Union and the productivity of American mathematicians, Quarterly Journal of Economics, 127(3) : The Spatial Diffusion of Scientific Knowledge Helmers, C. and H. G. Overman (2013): My precious! The location and diffusion of scientific research: evidence from the Synchrotron Diamond Light Source, unpublished manuscript : What Makes a Scientist? 1. Quality vs. Appearances: How do you Become a Professor in Germany? Jungbauer-Gans, M. and C. Gross (2013): Determinants of Success in University Careers: Findings from the German Academic Labor Market, Zeitschrift für Soziologie, 42(1),

3 2. Early Career Imprints in Science: How does a Professor Influence their PhD students careers? Waldinger, F. (2010): Quality matters: The expulsion of professors and the consequences for PhD student outcomes in Nazi Germany, Journal of Political Economy, 118(4): : Technology Transfer from Universities to the Private Sector 1. How Does the Abolition of the Professor s Privilege Influence University Research? Kenney, M. and D. Patton (2011): Does inventor ownership encourage university researchderived entrepreneurship? A six university comparison, Research Policy, 40(8): Part II: Innovation : Classifications and drivers of Innovation 1. The effect of firm size and the nature of innovation Cohen, W.M. and S. Klepper (1996):. Firm size and the nature of innovation within industries: The case of process and product R&D, Review of Economics and Statistics 78: : Innovation, Science and Economic Development 1. TBA 2. Science and Innovation: The role of University spillovers Audretsch, D. B., E. E. Lehmann and S. Warning (2015): University spillovers and new firm location, Regional Studies, 7 (1) Geography of Innovation 1. R&D Spillover and the geography of Innovation Audretsch, D. B., and M. P. Feldman (1996): R&D spillovers and the geography of innovation and production, American Economic Review, 86(3):

4 2. Migration and Innovation Zheng, Y. and O. Ejermo (2015):. How do the foreign-born perform in inventive activity? Evidence from Sweden, Journal of Population Economics, 28(3): Innovation policy 1. Impact factors on R&D performance Fornahl, D., T. Broekel and R. Boschma (2011). "What drives patent performance of German biotech firms? The impact of R&D subsidies, knowledge networks and their location". Papers in Regional Science. 90 (2): Are Incentives for R&D investments effective? Bronzini, R., and Iachini, E. (2011). Are incentives for R&D effective? Evidence from a regression discontinuity approach, in: American Economic Journal: Economic Policy 6 (4): Part III: Knowledge Networks and Measurements Making knowledge visible: patents and other output measures 1. Are patents appropriate to facilitate innovations? An old, but still relevant discussion. Machlup, F., and Edith P. (1950): "The patent controversy in the nineteenth century", The Journal of Economic History, 10 (01): Patent (citations) as measure for (regional) innovative activity. Jaffe, Adam B., M. Trajtenberg, and R. Henderson (1993): "Geographic localization of knowledge spillovers as evidenced by patent citations", The Quarterly journal of Economics 108 (3): A brief introduction into network science: understanding complex structures 3. Industry clusters and knowledge networks. Bathelt, H., A. Malmberg, and P. Maskell (2004): "Clusters and knowledge: local buzz, global pipelines and the process of knowledge creation", Progress in human geography, 28 (1): Knowledge exchange in networks. McFadyen, M. Ann, Matthew Semadeni, and Albert A. Cannella Jr. (2009): "Value of strong ties to disconnected others: Examining knowledge creation in biomedicine", Organization science 20 (3): Knowledge networks I: creation and collaboration

5 5. Collaboration and innovation Fleming, L., Santiago M., and David C. (2007): "Collaborative brokerage, generative creativity, and creative success", Administrative science quarterly, 52 (3): The impact of individuals in knowledge networks: Azoulay, P., Joshua S. Graff Z., and Jialan W. (2010): "Superstar extinction", The Quarterly Journal of Economics, 125 (2): Knowledge networks II: diffusion and migration 7. Knowledge transfer between science and industry Murray, F. (2002):"Innovation as co-evolution of scientific and technological networks: exploring tissue engineering", Research Policy, 31 (8): Knowledge diffusion by mobile individuals: Hornung, E. (2014): "Immigration and the diffusion of technology: The Huguenot diaspora in Prussia", The American Economic Review, 104 (1):