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ECON 691 Economics of Technology Policy
Spring 2006

• Course Objective
  The objective of this course is to provide an introduction to the theory of technology policy and various tools available in designing, implementing, and evaluating technology policy. Students successfully completing the course will have acquired a wider body of relevant knowledge and also developed the capability to apply economic analysis to policy issues in the area of technological change. Specific topics to be covered include the economics of technological change, measurement of technological activities, aims and means of technology policy, and the practice of technology policy with a special emphasis on the EU practice.

• Course Calendar
  Lecture hours Thursday 09:40-12:30
  Room F 106
  Office hours Thursday 14:40-17:30

• Evaluation
  Policy simulation (May 27, 20%)
  Term paper (May 31, 40%)
  Final exam (to be announced later, 40%)

• Reading list is available here

  
  

  Outline of topics

  0. Introduction

  1. Theory
  Theories of technical change
  * Neo-classical
  * Evolutionary
  
  Theories of technology policy
  * Neo-classical
  * Evolutionary
  
  Technology, Globalization and Growth

  2. Measurement
  Inputs
  * R&D statistics
  * R&D personnel
  
  Outputs
  * Patents
  * Innovation counts
  * Rate of technical change

  3. Policy
  Taxonomy of technology policies
  
  Policy design and formulation
  * Technology forecasting
  * Technology foresight
  * Technology roadmaps
  
  Policy tools
  * R&D support
  * Venture capital
  * Public R&D and academy-industry links
  * SME support and incubators
  * Clusters, partnerships, and science-parks
  * Technology diffusion
  * Framework conditions and intellectual property rights
  
  Policy evaluation
  * Program evaluation
  * Benchmarking

  4. Practice: Technology policy in the EU

  5. Case studies

  
  

.: 2006 ERC METU | Updated 26 January 2006 :.