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<!DOCTYPE html>
<html>
<head>
<title>
ECON-4110: Economics of Innovation and New Technologies
</title>
<meta property="og:title" content="ECON-4110: Economics of Innovation and New Technologies">
<meta property="og:description" content="Technological innovation is responsible for most economic growth and is crucial to deal with major societal concerns. This course examines the economics of innovation and new technologies. It shows how technologies are created and put to use, from basic science through invention and development to diffusion and practical use. Additional topics include R&D determinants, sources of innovation, product improvement, cost reduction, incentivizing and stimulating innovation, patents, evolution of innovation and technology, innovative competition in industry, and the national innovation environment.">
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<input type="text" id="search" class="header-search" placeholder="Search...">
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<div id="cd-flex">
<div id="course-info-container">
<h1 id="name">
Economics of Innovation and New Technologies
</h1>
<h2 id="code">
ECON-4110
</h2>
<p>
Technological innovation is responsible for most economic growth and is crucial to deal with major societal concerns. This course examines the economics of innovation and new technologies. It shows how technologies are created and put to use, from basic science through invention and development to diffusion and practical use. Additional topics include R&D determinants, sources of innovation, product improvement, cost reduction, incentivizing and stimulating innovation, patents, evolution of innovation and technology, innovative competition in industry, and the national innovation environment.
</p>
<div id="cattrs-container">
<span id="credits-pill" class="attr-pill">
4 credits
</span>
<span class="attr-pill">
Communication Intensive
</span>
</div>
<div id="crosslist-container">
<div id="crosslist-title" class="rel-info-title">
Cross-listed with:
</div>
<div id=crosslist-classes" class="rel-info-courses">
<a class="course-pill" href="ECON-6110">ECON-6110 Economics of Innovation and New Technologies</a>
</div>
</div>
<div id="prereq-container" class="rel-info-container">
<div id="prereq-title" class="rel-info-title">
Prereqs:
</div>
<div id="prereq-classes" class="rel-info-courses">
<div class="pr-or-con">
<div class="pr-or-title">
one of:
</div>
<div class="pr-or">
<a class="course-pill" href="IHSS-1200">IHSS-1200 Principles of Economics</a>
<a class="course-pill" href="ECON-1200">ECON-1200 Introductory Economics</a>
</div>
</div>
<div class="pr-and">and</div>
<div class="pr-or-con">
<div class="pr-or-title">
one of:
</div>
<div class="pr-or">
<a class="course-pill" href="MATH-1010">MATH-1010 Calculus I</a>
<a class="course-pill" href="MATH-1500">MATH-1500 Calculus for Architecture, Management, and HASS</a>
</div>
</div>
</div>
</div>
</div>
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<h1 id="past-title">
Past Term Data
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Offered
</div>
<div id="no-code" class="key-code">
<span class="code-icon" id="no-code-icon">
<svg><use href="../icons.svg#circle-no"></use></svg>
</span>
Not Offered
</div>
<div id="diff-code" class="key-code">
<span class="code-icon" id="diff-code-icon">
<svg><use href="../icons.svg#circle-question"></use></svg>
</span>
Offered as Cross-Listing Only
</div>
<div id="nil-code" class="key-code">
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<svg><use href="../icons.svg#circle-empty"></use></svg>
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No Term Data
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<div id="control-panel">
<label for="simple-view-input" id="simple-view-label" class="view-option-label">
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Simple View
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</span>
Detailed View
</label>
</div>
</div>
<table id="years-table">
<thead>
<tr>
<th></th>
<th class="spring season-label">Spring</th>
<th class="summer season-label" colspan="2">Summer</th>
<th class="fall season-label">Fall</th>
</tr>
<tr>
<th colspan="2"></th>
<th class="summer2 midsum-label">(Session 1)</th>
<th class="summer3 midsum-label">(Session 2)</th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<th class="year">2023</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202301&subj_in=ECON&crse_in=4110&schd_in=">Econ Of Innovation & New Tech (4c)</a> [CI]
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 17/19
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2022</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202201&subj_in=ECON&crse_in=4110&schd_in=">Econ Of Innovation & New Tech (4c)</a> [CI]
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 17/19
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202209&subj_in=ECON&crse_in=4110&schd_in=">Econ Of Innovation & New Tech (4c)</a> [CI]
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 17/19
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2021</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202109&subj_in=ECON&crse_in=4110&schd_in=">Econ Of Innovation & New Tech (4c)</a> [CI]
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 19/19
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2020</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=202009&subj_in=ECON&crse_in=4110&schd_in=">Econ Of Innovation & New Tech (4c)</a> [CI]
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 19/19
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2019</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201909&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (4c)</a> [CI]
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 15/19
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2018</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2017</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2016</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201601&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (4c)</a> [CI]
</span>
<ul class="prof-list">
<li>James P. Stodder</li>
</ul>
<span class="course-capacity">
Seats Taken: 24/19
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201609&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (4c)</a> [CI]
</span>
<ul class="prof-list">
<li>Kevin Yang Shih</li>
</ul>
<span class="course-capacity">
Seats Taken: 18/19
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2015</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201509&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (4c)</a> [CI]
</span>
<ul class="prof-list">
<li>Kevin Yang Shih</li>
</ul>
<span class="course-capacity">
Seats Taken: 20/0
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2014</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201401&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (4c)</a> [CI]
</span>
<ul class="prof-list">
<li>Theresa Gutberlet</li>
</ul>
<span class="course-capacity">
Seats Taken: 18/19
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201409&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (4c)</a> [CI]
</span>
<ul class="prof-list">
<li>Theresa Gutberlet</li>
</ul>
<span class="course-capacity">
Seats Taken: 19/0
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2013</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201301&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (4c)</a> [CI]
</span>
<ul class="prof-list">
<li>James D. Adams</li>
</ul>
<span class="course-capacity">
Seats Taken: 40/40
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2012</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201201&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (4c)</a> [CI]
</span>
<ul class="prof-list">
<li>James D. Adams</li>
</ul>
<span class="course-capacity">
Seats Taken: 34/40
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201209&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (4c)</a> [CI]
</span>
<ul class="prof-list">
<li>James D. Adams</li>
</ul>
<span class="course-capacity">
Seats Taken: 33/40
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2011</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201109&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (4c)</a> [CI]
</span>
<ul class="prof-list">
<li>James D. Adams</li>
</ul>
<span class="course-capacity">
Seats Taken: 38/40
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2010</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=201001&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (4c)</a> [CI] [WI]
</span>
<ul class="prof-list">
<li>James D. Adams</li>
</ul>
<span class="course-capacity">
Seats Taken: 37/45
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2009</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200901&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (4c)</a> [CI] [WI]
</span>
<ul class="prof-list">
<li>James D. Adams</li>
</ul>
<span class="course-capacity">
Seats Taken: 40/45
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200909&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (4c)</a> [CI]
</span>
<ul class="prof-list">
<li>James D. Adams</li>
</ul>
<span class="course-capacity">
Seats Taken: 12/30
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2008</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200801&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (4c)</a> [CI] [WI]
</span>
<ul class="prof-list">
<li>James D. Adams</li>
</ul>
<span class="course-capacity">
Seats Taken: 16/45
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2007</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200701&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (4c)</a>
</span>
<ul class="prof-list">
<li>James D. Adams</li>
</ul>
<span class="course-capacity">
Seats Taken: 18/45
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200709&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (4c)</a> [CI]
</span>
<ul class="prof-list">
<li>James D. Adams</li>
</ul>
<span class="course-capacity">
Seats Taken: 20/40
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2006</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200601&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (4c)</a>
</span>
<ul class="prof-list">
<li>James D. Adams</li>
</ul>
<span class="course-capacity">
Seats Taken: 21/35
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2005</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200501&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (4c)</a>
</span>
<ul class="prof-list">
<li>James D. Adams</li>
</ul>
<span class="course-capacity">
Seats Taken: 28/50
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2004</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200401&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (3c)</a>
</span>
<ul class="prof-list">
<li>James D. Adams</li>
</ul>
<span class="course-capacity">
Seats Taken: 9/50
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2003</th>
<td class="term spring offered">
<div class="view-container detail-view-container">
<span class="term-course-info">
<a href="https://sis.rpi.edu/rss/bwckctlg.p_disp_listcrse?term_in=200301&subj_in=ECON&crse_in=4110&schd_in=">Econ Analysis Of Tech Change (3c)</a>
</span>
<ul class="prof-list">
<li>Donald Siegel</li>
</ul>
<span class="course-capacity">
Seats Taken: 4/50
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2002</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2001</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">2000</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">1999</th>
<td class="term spring not-offered">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
<tr>
<th class="year">1998</th>
<td class="term spring unscheduled">
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
</tr>
</tbody>
</table>
</div>
</div>
</body>
</html>
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