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ECONOMICS AND INNOVATION OF DIGITAL MARKETS Single discipline educational activity
Course Sheet Academic Year of enrolment:
Professor and Collaborators:
Hours of classroom activity:
Objectives
Contents The course aims at providing the main conceptual tools by which to allow students understanding the working of digital markets and the underlying innovative dynamics. Such markets are characterized by the crucial role played by technological and business innovations. The full comprehension of the role of innovations helps to interpret new and young firms’ strategies and actions, emerging business needs and the choices of consumers.
Extended Syllabus 1. Sources, types and patterns of Innovation
2. Standards Battles and Design Dominance
3. Nature and characteristics of digital markets
4. Impacts of digital technologies on markets
5. Choice of the timing of entry in digital markets
6. Formulating technological innovation strategy
7. Choice of the innovation projects
8. Collaboration strategies in digital markets
9. Mechanisms and tactics for innovation protection
10. Management of the process of development of a new product
11. Strategies of innovation of small and medium sized enterprises
12. Case studies
Recommended Bibliography - Schilling, Gestione dell'innovazione, 2017, McGraw-Hill Editore.
- Chapters from books, selected scientific articles, notes takes during the lectures.
Methods of Provision
Teaching Methods Lectures, discussion of case studies.
Evaluation methods Verification of learning:
Knowledge and understanding
The understanding by the students of the basic notions and tools dealt with at lecture will be monitored also during the course in classroom (by means of written tests and the presentation and discussion of case studies). During the final exam the evaluation of the understanding will be carried out by means of an oral exam to test the knowledge of the texts of reference and the analysis of practical case studies. The points of the oral exam will be assigned through a grade in /30.
Ability to apply the knowledge and understanding
During the final exam, the written tests and the discussion of the case studies, the student will ve assessed on the basis of his/her capacity to apply the knowledge base to interpret and comprehend in a wide manner and in a structural way the case studies under discussion.