26043 Economics of New Ventures and Innovation, 5 cr
Code |
26043 |
Validity |
01.01.1950 -
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Name |
Economics of New Ventures and Innovation |
Abbreviation |
EconNewVent,Hki |
Credits | 5 cr |
Date of expiry |
10 years
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Type | Advanced studies |
Subject | 260 Economics |
Kind | Course |
Hours |
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Study right |
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Grading | Standard Scale |
Recommended time | |
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Organisation |
Economics, Helsinki |
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Examiner
Description
Course Description |
This course aims to provide students with an overview of how new ventures and innovations come about, how the two are linked, as well as the strategic choices and risks that (would-be) entrepreneurs and innovators face. We also consider the financing of innovative and entrepreneurial endeavours, and the implications that entry and innovative activities have at micro- and macroeconomic level (e.g., in terms of job creation, R&D, and creative destruction).
Doctoral students can also take this course. |
Learning Goal |
You have the capacity to identify the economic forces and processes that drive the creation of innovative new ventures as well as their post-entry growth trajectories and risk profiles (survival). |
After completing the course, you will be able to |
- analyse dynamic markets (characterized, e.g., by a high degree of new entry and firm turnover) and R&D-intensive industries from a microeconomic perspective
- identify strategic choices and risks that entrepreneurs and innovators and their financiers face
- evaluate entrepreneurial decision-making and public policies targeted at innovative new ventures
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Course Category |
Class-based course |
International Learning Experience |
We will study international markets / use international data set. |
Pre-requisites |
You should be familiar with basic concepts in economics and econometrics. It is recommended that before taking this course, you have completed a course in intermediate microeconomics and a course on econometrics. |
Total Student Workload |
134 hours divided into Scheduled (contact) hours: 30 h (24 h lectures + 6 h exercises) Non-scheduled work: 104 h |
Instruction |
Lectures + exercises. Kindly note that you are expected to be present at the first lecture session to confirm your participation in the course. |
Literature and Course Material |
Readings (e.g. journal articles) as assigned by the lecturer |
Assessment |
Course assignment OR Exam (40%) Exercices / written reports (40%) Active lecture participation (20%) |
Non-degree studies (Open University, JOO and Contract Studies) |
Open university quota: 3 Quota for JOO-students: 3 |
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Courses now and in the future (registration requires login and a valid study right)
Future exams