This course will provide students with a survey of economic models in industrial organization, applied to innovation-related issues. The course is divided into three sections. In the first one, we introduce the concept of innovation, its measurement and how it is related to knowledge. In the second part, we look at innovation at the firm level. In particular, we delve into the "knowledge- creating" company and its strategies. Finally, we analyze the structure and evolution of several hi-tech industries, in terms of survival of existing firms and creation of new firms.
Prerequisite(s): (ECON 401 with minimum grade of C- or ECON 401H with minimum grade of C- ) and (ECON 402 with minimum grade of C- or ECON 402H with minimum grade of C- or EREC 411 with minimum grade of C- )
Only listed campus in section: Durham
Classes not allowed in section: Freshman
Attributes: Writing Intensive Course