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DUMONT B. - Economics of Innovation and IPRs (20h)

The purpose of this course is to:

  • demonstrate the value of micro tools and IO as a framework for analysing innovation and business behaviour;
  • to compare these principles with the new realities of IPRs
  • and finally, to question the effectiveness of innovation policies and intellectual property rights: What objectives should they pursue and with what types of instruments?

The content of the teaching will be both "theoretical" and practical. The form adopted for this one will be deliberately interactive

By combining theoretical and empirical approaches, this course provides students with cross-cutting knowledge on innovation processes and systems, innovation policies and how to evaluate them, intellectual property issues and R&D management.

This course is also designed to familiarize the students with a “middle ground” regarding patents. It moves away from a “traditionalist” conception which, by insisting on the incentivizing role of patents, tends to neglect their informational role, especially as a signal. Without contesting the relative disconnect between the upward demography of patents and the significantly more moderate productivity gains, this course proposes an alternative interpretation to that of the “abolitionists.” It suggests that the position of patents within the system of innovation is renewing itself, with the shift toward a more fragmented, more intermediated innovation that is also more open, which guides the contemporary evolution of the most developed economies.

For more information, please see the ECTS Card.