Economics of new ventures and innovation (5 cr)

Code:
26043
Field:
Industrial Organization
Targets:
Master’s students Research Master's students PhD students
Organiser:
Hanken Shool of Economics
Instructor:
Ari Hyytinen
Period:
Period 1
Format:
Lecture
Method:
Contact teaching
Venue:
Hanken
Enrollment:

In case of conflicting information consider the Sisu/Moodle pages the primary source of information.

Aalto and UH economics students can enroll in their home university’s SISU! Further instructions can be found on the How to enroll? page, also for other students.

Before taking and completing the course make sure that the credits can be counted towards your degree at your home university by checking which courses are included in your curriculum or by contacting your home university’s student/learning services.

  • A Moodle course key will be sent by email (to your Hanken email address) or it is posted as a message in Sisu couple of days before the course starts.
  • Log in with your Hanken username to be able to use all the features of the course workspace.
  • More tips for enrolling in Moodle can be found here.

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. 

After completing the course, you will be able to:

  • analyse dynamics of markets characterized, e.g., by new entry, firm turnover and R&D-intensive firms 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.