Innovation and Intellectual Property (replaced by BUS474)

NBD404 Innovation and Intellectual Property (replaced by BUS474)

Autumn 2023

  • Topics

    Innovation is viewed as the driver of technological change and economic growth. It is also a risky and costly process for firms. In the course, we first provide an understanding of the innovation process, its determinants and consequences, both economy-wide and at the business level. Second, we focus on the institutional environment for the production of innovation. We pay particular attention to the intellectual property (IP) system. By offering a temporary monopoly over innovative ideas, IP rights (e.g. patents, trademarks) provide incentives for the production of innovation. In a nutshell, this course provides a toolbox to understand the drivers and consequences of innovation both at the macro and micro levels, and to learn about innovation strategies that help firms defend against competitors and increase their profits.

  • Learning outcome

    Knowledge - Upon successful completion the student

    • has advanced knowledge of theories on R&D and intellectual property.
    • has thorough knowledge to reflect critically on theories and empirical findings.
    • can demonstrate to be familiar with research in the fields of innovation and intellectual property.

    Skills - Upon completion of the course the student

    • has acquired skills in applying theories, knowledge and tools relevant within innovation and intellectual property.
    • has developed good analytical skills.
    • can undertake a research project on innovation and intellectual property.

    Competences - Upon completion of the course the student

    • can analyze relevant literature and has the insights to connect theory with practice.
    • can reflect critical on theories, methods, tools and data within the field.
    • has developed collaborative and co-creative skills.

  • Teaching

    Lectures, case discussion, classroom experiments.

  • Credit reduction due to overlap


  • Compulsory Activity


  • Assessment

    3 hours school exam.

  • Grading Scale


  • Computer tools

    Knowledge of a statistical software will be helpful for the group assignment.

  • Literature

    To be announced.

  • Permitted Support Material


    Dictionary: one bilingual dictionary permitted


ECTS Credits
Teaching language

Expired. Replaced by BUS474

Course responsible

Adjunct Associate Professor Laurie Ciaramella, Department of Business and Management Science.