IUE329 Innovation Economics

Code IUE329
Name Innovation Economics
Status Courses of Free Choice
Level and type Undergraduate Studies, Academic
Field of study Business Management and Administration
Faculty
Academic staff Jana Eriņa
Credit points 3.0 (4.5 ECTS)
Parts 1
Annotation The essence, concepts, goals of innovations. Classification of innovations. Operation of innovation. Indicators of product science intensity. Innovation enterprises, types, organizational structures. Sphere of marketing innovation: strategic and tactical marketing innovations in enterprises. Innovation infrastructure, its core elements. Planning of the innovation process. Economic substantiation of innovations..
Goals and objectives
of the course in terms
of competences and skills
The goal: The innovation economics is the subject, which complements the previously acquired knowledge and skills in the sphere of innovation. Objectives: To understand the types, classification and infrastructure of the innovation business. To understand the importance of innovation in economic development and marketing. To understand the innovation process planning methods and technologies. To understand the financing system of innovation activities, its objectives, principles, and forms of financing innovation activities. To understand the economic efficiency of innovation projects assessment methods.
Learning outcomes
and assessment
Comprehend the course objectives and content. - Case study.
Comprehend the basic concepts, types and classification of innovations. - Case study.
Comprehend the types, classification, and infrastructure of innovation businesses. - Case study.
Comprehend the importance of innovation in economic development and marketing. - Case study.
Comprehend the innovation process planning methods and technologies. - Tasks. Case study. Test.
Comprehend the innovation expenditure analysis and pricing methodology. - Tasks. Case study. Test.
Comprehend the financing system of innovation activities, its objectives, principles, and forms of financing innovation activities: budgetary and extra-budgetary funding, financial leasing. - Tasks. Case study. Test.
Comprehend the nature of innovation quality and quality evaluation methods. - Tasks. Case study. Test.
Comprehend the economic efficiency assessment methods of innovation projects. Be able to apply the acquired knowledge to evaluate the economic efficiency and select the innovation project. - Case study. Solving optimization tasks. Test. Final test- exam evaluated according to the 10-grade system.
Course prerequisites Business Economics.

[Extended course information PDF]