Course Information
FacultyEconomic and Political Sciences
Cycle / Level2nd / Postgraduate
Teaching PeriodSpring
Course ID600014584

Programme of Study: PMS STA OIKONOMIKA (2018-sīmera) (MF)

Registered students: 0
OrientationAttendance TypeSemesterYearECTS
KORMOSElective Courses216

Programme of Study: PMS STA OIKONOMIKA (2018-sīmera) (PF)

Registered students: 0
OrientationAttendance TypeSemesterYearECTS
KORMOSElective Courses216

Class Information
Academic Year2018 – 2019
Class PeriodSpring
Class ID
Course Type 2016-2020
  • Scientific Area
Course Type 2011-2015
Specific Foundation / Core
Mode of Delivery
  • Face to face
Digital Course Content
Language of Instruction
  • Greek (Instruction, Examination)
  • English (Instruction)
Learning Outcomes
The aim of the course is the understanding of the role of innovation in business and the national economy. The introduction defines the concepts of knowledge, invention and innovation, and comprehensively analyzes the measurement modes. The following is, in summary, a history of innovation role in world history. The relationship between market structure and innovation diffusion among enterprises and internationally, innovation and economic analysis of patents is the next part of the course. The final part discusses strategies for innovative development of businesses and states, theories path dependencies of technological change, the creation of national innovative capacity and national innovation system. During the course analyzed case studies and examples, notably from the European reality.
General Competences
  • Apply knowledge in practice
  • Retrieve, analyse and synthesise data and information, with the use of necessary technologies
  • Adapt to new situations
  • Make decisions
  • Work autonomously
  • Work in teams
  • Work in an international context
  • Work in an interdisciplinary team
  • Generate new research ideas
  • Design and manage projects
  • Advance free, creative and causative thinking
Course Content (Syllabus)
Introduction to economics of innovation, history, ways of measuring Market structure and innovation Innovative business development strategies Diffusion of innovation among enterprises National innovation system International diffusion of innovation Technological and innovation policy of the European Union
Educational Material Types
  • Notes
  • Slide presentations
Use of Information and Communication Technologies
Use of ICT
  • Use of ICT in Course Teaching
  • Use of ICT in Laboratory Teaching
  • Use of ICT in Communication with Students
Course Organization
Reading Assigment90
Written assigments55
Student Assessment
Student Assessment methods
  • Written Exam with Extended Answer Questions (Summative)
  • Written Assignment (Summative)
Additional bibliography for study
Archontakis F., N. C. Varsakelis, “US Patents Abroad: Does Gravity Matter?” Working Paper, 2008 Carlton Dennis W. and Jeffrey M. Perloff, Modern Industrial Organization Harper Collins Publishers, 1990 Chris Freeman and Luc Soete, The Economics of Industrial Innovation: Third Edition(Cambridge, MA: The MIT Press, 1999) Coe, D.T. and E. Helpman, 1995, International R&D spillovers, European Economic Review, 39, 859-887. Cohen W.M. and D.A. Levinthal, 1989, Innovation and learning: the two faces of R&D., The Economic Journal, 99, 569-596. Dasgupta , P. and J.Stiglitz, 1980, Industrial structure and the nature of the innovative activity, The Economic Journal, 99, 569-596 Eaton, J. and Kortum S. (1996). “Trade in Ideas: Patenting and Productivity in the OECD”, Journal of International Economics 40: 251-278. Eaton, J. and Kortum S. (1999). “International Technology Diffusion: Theory and Measurement”, International Economic Review 40(3): 537-570. Edquist, C. Systems of Innovation Approaches – Their emergence and characteristics. In Edquist, C. Ed. Systems of Innovation: Technologies Institutions and Organizations (London: Pinter, 1997) Engelbrecht H.J., 1997, International spillovers, human capital and productivity in OECD economies: an empirical investigation, European Economic Review, 41, 1479-1488. Foray, Dominique, The Economics of Knowledge, MIT Press, 2004 Ginarte J.C. and W.G. Park, 1997, Determinants of patents rights: a cross- national study, Research Policy 26, 283-301. Griliches, Z. (1990) “Patent Statistics as Economic Indicators: A Survey” Journal of Economic Literature, 28: 1661-1707. Grilliches, Ζ. Issues in Assessing the Contribution of Research and Development to Productivity Growth. The Bell Journal of Economics, Vol. 10, No. 1. (Spring, 1979), pp. 92-116. Lee, G. (2005). “Direct versus indirect international R&D spillovers”. Information Economics and Policy 17: 334-348. Lee, G. (2006). “The effectiveness of international spillover channels”, European Economic Review 50: 2075-2088. Nelson Richard R., The Sources of Economic Growth (Cambridge, MA: Harvard University Press: 2000 Nelson, Richard R., ed. National Innovation Systems: A Comparative Analysis, (Oxford: Oxford University Press, 1993 Stoneman P., ed., Handbook of the Economics of Innovation and Technological Change, Blackwell, 1995. Tirole, J. The Theory of Industrial Organization. Cambridge, MA: MIT Press, 1989. Varsakelis, N.C., “Education, Political Institutions and Innovative Activity: A Cross Country Empirical Investigation”, Research Policy, 2006, 35, 1083-1090. Varsakelis, N.C., 2001. The impact of patent protection, economy openness and national culture on R&D investment: a cross –country empirical investigation, Research Policy, 30, 1059-1068.
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