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ECON-6110: Economics of Innovation and New Technologies
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<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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<h1 id="name">
Economics of Innovation and New Technologies
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<h2 id="code">
ECON-6110
</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.
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3 credits
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none
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<table id="years-table">
<thead>
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<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>
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<tr>
<th class="year">2024</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=202401&subj_in=ECON&crse_in=6110&schd_in=">Econ Of Innovation & New Tech (3c)</a>
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 0/5
</span>
</div>
</td>
<td colspan="2" class="term summer unscheduled">
</td>
<td class="term fall unscheduled">
</td>
</tr>
<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=6110&schd_in=">Econ Of Innovation & New Tech (3c)</a>
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 1/5
</span>
</div>
</td>
<td colspan="2" class="term summer not-offered">
</td>
<td class="term fall not-offered">
</td>
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<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=6110&schd_in=">Econ Of Innovation & New Tech (3c)</a>
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 2/19
</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=6110&schd_in=">Econ Of Innovation & New Tech (3c)</a>
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 0/19
</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=6110&schd_in=">Econ Of Innovation & New Tech (3c)</a>
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 1/10
</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=6110&schd_in=">Econ Of Innovation & New Tech (3c)</a>
</span>
<ul class="prof-list">
<li>Kenneth L. Simons</li>
</ul>
<span class="course-capacity">
Seats Taken: 6/10
</span>
</div>
</td>
</tr>
<tr>
<th class="year">2019</th>
<td class="term spring not-offered">
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<th class="year">2018</th>
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<th class="year">2017</th>
<td class="term spring not-offered">
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<td class="term fall not-offered">
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<th class="year">2016</th>
<td class="term spring not-offered">
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<td colspan="2" class="term summer not-offered">
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<td class="term fall not-offered">
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<th class="year">2015</th>
<td class="term spring not-offered">
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<td class="term fall not-offered">
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<th class="year">2014</th>
<td class="term spring not-offered">
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<td class="term fall not-offered">
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<th class="year">2013</th>
<td class="term spring not-offered">
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<th class="year">2012</th>
<td class="term spring not-offered">
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<td class="term fall not-offered">
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<th class="year">2011</th>
<td class="term spring not-offered">
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<td class="term fall not-offered">
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<th class="year">2010</th>
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<td class="term fall not-offered">
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<th class="year">2009</th>
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<td class="term spring not-offered">
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<th class="year">2005</th>
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<td class="term spring not-offered">
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<th class="year">2003</th>
<td class="term spring not-offered">
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<td class="term spring not-offered">
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