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Autonomus University of Madrid

ECONOMICS AND MANAGEMENT OF INNOVATION

The interuniversity MSc Programme in Economics and Management of Innovation is jointly developed by the Autonomous, Complutense and Polytechnic Universities of Madrid. Although students enroll at only one University, the Programme grants students access to the facilities and resources in all three Universities. All interested ESST students will enroll at the Autonomous University of Madrid.

It is open to degree holders of any discipline and offers teaching and research in an increasingly influential area, as well as access to the main European research teams.

The Programme lasts for 1 year and provides students with skills and capabilities either to follow a professional career as R&D or innovation managers or to continue a research career. Those students who finish successfully the Master Programme may enroll in the PhD Programme run together by the same three Universities.  

The Programme is supported by a recently created UAM-Accenture Chair in Economics and Management of Innovation (www.uam.es/catedra-uam-accenture).

General description of the specialisation area

The general objective of the MSc Programme in Economics and Management of Innovation is to contribute to the development of research and the practical application in industries and public administration of themes related to innovation from a politicial, economical and managerial perspective.

Points of particular interest in our MSc (MEGIN) Programme are the following:

1) Take advantage of a critical mass of researchers in innovation related issues.

2) Access to scholars in different fields related to innovation and technological change. Students, regardless of which of the three universities they are enrolled in, can take classes in any of them and ask the professor of their choice to supervise their research activities.

3) The use of libraries and access to bibliographical resources in all three universities.

4) To give students the chance to do quality research and achieve the skills needed in careers demanding ever more highly-qualified professionals.

5) To allow students to work in a pluridisciplinary environment, with scholars from faculties ranging from economic and management sciences to engineering. The students, themselves, also come from various disciplines such as economics and other social sciences, engineering, natural sciences and humanities.

6) To give students the opportunity to attend international meetings.

The Programme is made of  the following courses:

First semester:

- Strategic Management of Innovation (Prof. Patricio Morcillo)

- Economics and Management of Knowledge (Prof. M. Paloma Sánchez)

- Economics of Innovation: Theory and patterns (Prof. José Molero)

- Internationalization of Technical Change (Profs. José Molero and Isabel Alvarez)

- Methodology of Science and Research Methods (Prof. M. Paloma Sánchez)

- Second semester:

- Economic analysis of intellectual property (Prof. Antonio Hidalgo)

- R&D and Innovation policies in the European Union (Prof. Gonzalo León)

- National Systems of Innovation (Prof. Antonio Fonfría)

- Organization and Management of Technological Innovation (Prof. Antonio Hidalgo)

Core literature for the above courses:

Albors, J.; Sweeny, E. e Hidalgo, A. (2005): “Transnational technology transfer networks for SMEs. A review of the state-of-the-art and an analysis of the European IRC network”. Production Planning & Control Journal. Vol.16.

Borrás, S. (2003). The innovation policy of the Europe Union. From government to governance. Ed. Edward Elgar. ISBN 1-84064-993-1.

Chesbrough, H. (2006) Open Business Models: How To Thrive In The New Innovation Landscape. Harvard Business School Press, Boston.

Claire Nauwelaers and Rene Wintjes (2008). Innovation policy in Europe. Measurement and Strategy. Ed. Edward Elgar. ISBN 978-1-84542-759-7.

Cullis, R. (2007): "Using patent filings to measure innovation", Journal of Intellectual Property Law & Practice, 2, pp. 345-352.

Edquist C. (1997) Systems of Innovation. Technologies, Institutions and Organizations, London and Washington, Pinter

European Commission (2000). Innovation Policy in a Knowledge-based Economy. Enterprise Directorate-General EUR 17023.

European Commission (2006) Reporting intellectual capital to augment research, development & innovation in SMEs. Report to the commission of the high level expert group on RICARDIS. EUR 22095 EN

European Commission (2007) Green Paper: The European Research Area: new perspectives. Communication from the Commission. COM(2007) 161. 4 April.

European Commission (2008): A strategic European framework for international science and technology cooperation. Communication from the Commission. COM(2008) 588. 24 September.

Fagerberg, J. (2005). “Innovation. A guide to the literature” The Oxford handbook of innovation. Oxford University Press.

Foray (2004) The Economics of knowledge. Cambridge. MIT Press.

Griliches, Z. (1990): “Patents Statistics as Economic Indicators: A Survey”. Journal of Economic Literature, vol. XXVIII, pp. 1661-1707.

Hidalgo, A. y Albors, J. (2008): "Innovation management techniques and tools: a review from theory and practice". R&D Management, Vol. 38, nº 2.

Hunt R. M. (2004): "Patentability, industry structure, and innovation", Journal of Industrial Economics, 52, 3(09), pp. 401-425

Hunt R. M. (2007): Economics and the design of patent systems, Working Papers 07-6 of the Federal Reserve Bank of Philadelphia. Accesible en: http://www.phil.frb.org/files/wps/2007/wp07-6.pdf

Lundvall, B.A. (2007) “National Innsovation Systems-Analytical concept and development tool”, Industry and Innovation, vol. 14, nº 1.

Malerba, F. (2005) (Ed.), Sectoral Systems of Innovation, Cambridge University Press,       Cambridge.  

MERITUM (2002) Cañibano, L.; García-Ayuso, M.; Sánchez, M. P.; y Chaminade, C. (Eds) Guidelines for managing and reporting on intangibles (Intellectual capital report) Fundación Vodafone. Madrid 1ª edición 2002, 2ª edición 2003.

Mokyr, Joel (2005) The gifts of Athena: Historical origins of the Knowledge Economy. Princeton University Press. Princeon.

Narula, R. (2003) Globalization and Technology. Polity Press, Cambridge

Nonaka, I; Takeuchi, H. (1995) The Knowledge Creating Company: How Japanese Companies Create The Dynamics Of Innovation. Oxford University Press, New York.

OCDE (1997): Patents and Innovation in the International Context, OCDE/GD (97)/210. París.

Pavitt, K., Patel, P., (1999): Global corporations and national systems of innovation: who dominates whom? In: Archibugi, D., Howells, J., Michie, J. (Eds.), Innovation Policy in a Global Economy. Cambridge University Press, Cambridge, pp. 94–119

Sánchez, M.P.; Cañibano, L. y García Ayuso, M. (2001) Shortcomings in the Measurement of Innovation: Implications for Accounting Standard Setting. The Journal of Management and Governance, vol. 4, nº 4, pp. 319-342.

Sánchez, M.P.; Chaminade, C y Olea, M (2000)  Management of Intangibles: An Attempt to Build a Theory. Journal of Intellectual Capital.  Vol. 1. Número 4  2000. Pp 312-327.

Schedule and Programme of activities for incoming ESST students

ESST students are supposed to come to Madrid at the beginning of February. A tutor for each one will be nominated upon their arrival.

They are supposed to enrol in at least two of the four courses offered during the second semester above mentioned. The classes of those courses will take place once a week until the end of May. The students are supposed to do the assignments suggested by the teachers.

In addition to this and according to their thesis topics the tutor will suggest them to have tutorial sessions with other teachers of the Programme. The objective of these sessions will be:

1) To get acquainted with the core issues of the first semester courses that the student is not taken.

2) To suggest the main readings to the students in accordance with their thesis interest. These readings may be selected from the above list or be particular ones more directly related to the topic the student would like to develop. 

3) To help them in making an outline of their project.

At the end of these tutorial sessions (approximately one month after arrival) the student will be asked to present an outline of the thesis.

The students will be invited to attend additional Seminars and special meetings with invited Lecturers from other countries.  

During the following months they will have periodical meetings with their tutor to follow up their thesis progress.

A first version of the Thesis should be handled to their tutor on June 30th  the latest,  so that a feed back may be given before the summer vacation start. The final version of the Thesis should be handled at the beginning of September, so as to allow eventual final recommendations to get introduced and to eventually discuss with the home supervisor the final mark of the Thesis.

The ESST students will get a total of 30 ECTS credits.

Language of instruction

An intermediate-advance level of the Spanish language is highly recommended so that the students are able to follow the presentations and discussions during the classes. However they would be allowed to make their own presentations and write assignments and final thesis in English. The tutorial sessions will also take place in English.

Minimum and maximum number of students

Maximum 3. They will be accepted on the basis of their research topics. These should be in line with the Madrid researcher’s expertise.

Some examples of thesis topics

Director of the Master Programme and the specialization course:

Prof. M. Paloma Sánchez: mpaloma.sanchez@uam.es

Director of studies

Prof. Asunción López: asunción.lopez.lopez@uam.es

Administrative coordination

Erika María Rodriguez: erikamaria.rodriguez@uam.es

Modulo VII despacho 214

Facultad de Ciencias Económicas y Empresariales

Staff members who may act as thesis supervisors and research interests

Dr. Isabel Alvarez: Internationalization of technology

Prof. Danielle Archibugi: Economy of technological change, technological politics. Globalization of knowledge.

Prof. Antonio Fonfría: National Innovation Systems

Prof. Antonio Hidalgo: Creation of Technologically based firms, Transference of technology, Internationalization Strategies

Prof. Gonzalo León: Research and Development Politics, Technology and Innovation Politics.

Prof. Asunción López: Regional Innovation Systems.

Prof. José Molero: Internationalization y Technological Change, Technical Change and competitiveness.

Prof. Patricio Morcillo: Management of Innovation at the Enterprise.

Prof. Paloma Sánchez: Economics of knowledge, Intangibles and intellectual capital.

Prof. Antonio Vázquez: Innovation and Development.

Web links

University: www.uam.es

Programme: www.uam.es/megin

Accommodation: Universitary Residence Erasmo de Rótterdam: http://www.uam.es/servicios/comunidad/desarrollo/residencia/residencia.htm

Contact: Phone: 91 131 21 00 / Fax: 91 372 14 37 / e-mail: erasmo@resa.es

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