Economics of Innovation Policy and Management

8-OctIntroduction and class logistics Chapter 1. Introduction to the study of innovation 15-OctChapter 2. The nature and role of intellectual property 22-Oct[1] Moser, P. 2005. “How Do Patent Laws Influence Innovation? Evidence from Nineteenth-Century World’s Fairs,” The American Economic Review, 95(4), 1214-1236. [2] L Branstetter, 2017, Intellectual property rights, innovation and development: Is Asia different?, Millennial Asia, 8(1) Chapter 3. The Measurement of Innovation, Productivity, and Growth (on-demand) 29-Oct[3] Motohashi, K. (2005). University–industry collaborations in Japan: The role of new technology-based firms in transforming the National Innovation System. Research policy, 34(5), 583-594. [4] Nagaoka, S., Motohashi, K. and Goto, A., 2010. Patent statistics as an innovation indicator. In Handbook of the Economics of Innovation Chapter 4. The National Innovation System 5-Nov[5] Edquist, E., 2005. Systems of Innovation: Perspectives and challenges. the new Oxford Handbook of Innovation. [6] Freeman, C., 1995. The ‘National System of Innovation in historical perspective. Cambridge Journal of Economics, 19(1), pp.5-24. Chapter 5. Innovative Firms and Markets 12-NovPreparation for your research proposal, no class will be provided, but a video contents on some guidance on scientific research proposal will be provided. 19-Nov[7] Arrow, K., 1962. Economic Welfare and the Allocation of Resources for Invention. NBER Chapters, pp.609-626. [8] Aghion, P., Bechtold, S., Cassar, L. and Herz, H., 2018. The causal effects of competition on innovation: Experimental evidence. The Journal of Law, Economics, and Organization, 34(2), pp.162-195. Chapter 6. Intellectual Property Rights and Firms 3-Dec[9] Teece, D. 1986. “Profiting from Technological Innovation,” Research Policy, 15, pp. 285-305. [10] Arora, A. and Gambardella, A. 2010. “Ideas for Rent: An Overview of Markets for Technology,” Industrial and Corporate Change, 19(3), pp. 775-803. Chapter 7. Diffusion and Social Returns 10-Dec[11] Jaffe, A.B., Trajtenberg, M. and Henderson, R., 1993. Geographic localization of knowledge spillovers as evidenced by patent citations. the Quarterly Journal of Economics, 108(3), pp.577-598. [12] Glaeser EL, Resseger, MG (2010), The complementarity between cities and skills, The Journal of Regional Science, 50(1), 221-244 Advanced topic1: Geography of innovation 17-DecResearch ideas and feedback session (on-site) Advanced topic 2: Platform and ecosystem (depending on the time left) 24-Dec[13] Lyytinen, K., Yoo, Y. and Boland, R. J. (2016), Digital product innovation within four classes of innovation networks, Information Systems Journal, 2016(26), 47-75 [14] Wareham, J., Fox, P. B. and Ginder, J. L. (2014), Technology Ecosystem Governamce, Organization Science, 25(4), 1195-1215 Advanced topic3: Role of university and university reform 7-Jan[15] Yongli Tang, Kazuyuki Motohashi, Xinyue Hu, Angeles Montoro-Sanchez, "University-industry interaction and product innovation performance of Guangdong manufacturing firms: the roles of regional proximity and research quality of universities", The Journal of Technology Transfer, 2019, 1-41 [16] Kwon S., Motohashi, K. and Ikeuchi, K. (2022), Chasing Two Hares at Once? Effect of Joint Institutional Change for Promoting Commercial Use of University Knowledge and Scientific Research, Journal of Technology Transfer, (2022)47, 1242-1272 Advanced Topic4: New indicators for technological evolution 14-Jan[17] Rotolo, D., Hicks, D. and Martin, B.R., 2015. What is an emerging technology?. Research Policy, 44(10), pp.1827-1843. [18] Zhu, C. and Motohashi, K., Identifying the technology convergence using patent text information: A graph convolutional networks (GCN)-based approach", Technology Forecasting and Social Change, Vol 176, March 2022 [19] Zhu, C. and Motohashi, K.,Identifying technology opportunity using dual-attention model and technology-market concordance matrix", Technology Forecasting and Social Change, Vol 192, December 2023 & Course review + Q&A 23-JanFinal Examination (on-site)

This course will be taught in a combined lecture-seminar format. The course structure depends upon students having done all weekly assignments before class. All students are required to read a selected book chapter before class each week. In addition, each student is required to select at least two research articles from a preapproved list and submit a two-page summary for each article. In addition, students will present their summaries in class according to the article review schedule. The list of pre-approved research papers is in the tentative course schedule. Students will choose their research papers within a few weeks at the beginning of the course. The numbers of presentations per each student depends on the size of the class.

Students are expected to fully meet four-course requirements. Final grades are determined by the aggregation of the following scores: •Class participation (20%) •Paper summary assignment (20%) •Written research proposal (30%) •Final Examination (30%)

Students will be required to actively participate in every aspect of the class. In addition to the regular attendance in the class, it is highly recommended to actively participate in in-class discussions (esp. other students’ presentation of the research paper review in the last half of each class, as well as your owns). Students’ class participation will take 30% of the final score.