Course Information
SemesterCourse Unit CodeCourse Unit TitleT+P+LCreditNumber of ECTS CreditsLast Updated Date
3BNS 277Economics of Innovation2+0+02327.10.2026
Course Details
Language of Instruction Turkish
Level of Course Unit Associate Degree
Department / Program Banking and Insurance
Type of Program Formal Education
Type of Course Unit Elective
Course Delivery Method Face To Face
Objectives of the Course The aim of this course is to address the relationship of innovation with economic growth, entrepreneurship and finance, and to introduce innovations in the finance and insurance sector.
Course Content Concepts of innovation and technological change. Schumpeter ` s approach to innovation. Types of innovation. R&D, patents and intellectual property. Innovation systems. The relationship between growth and innovation. Entrepreneurship and venture capital. The relationship between innovation and finance. Innovation in the finance and insurance sector. Innovation policies in Türkiye. Case studies.
Course Methods and Techniques Lecturing, question-and-answer, case studies, assignments and exams.
Prerequisites and co-requisities None
Course Coordinator None
Name of Lecturers Asist Prof.Dr.
Assistants None
Work Placement(s) No

Recommended or Required Reading
Resources TÜBİTAK science, technology, and innovation statistics and policy documents (www.tubitak.gov.tr).

Course Category
Social Sciences %80
Field %20

Planned Learning Activities and Teaching Methods
Activities are given in detail in the section of "Assessment Methods and Criteria" and "Workload Calculation"

Assessment Methods and Criteria
In-Term Studies Quantity Percentage
Mid-terms 1 % 40
Final examination 1 % 60
Total
2
% 100

 
ECTS Allocated Based on Student Workload
Activities Quantity Duration Total Work Load
Course Duration 14 2 28
Assignments 14 3 42
Mid-terms 1 8 8
Final examination 1 12 12
Total Work Load   Number of ECTS Credits 3 90

 
Course Learning Outcomes: Upon the successful completion of this course, students will be able to:
NoLearning Outcomes
1 Explains the concepts of innovation and technological change and Schumpeter ` s approach.
2 Defines types of innovation and the concepts of R&D, patents and intellectual property.
3 Analyzes innovation systems and the relationship between innovation and growth.
4 Evaluates the relationship among entrepreneurship, venture capital and the financing of innovation.
5 Interprets innovations in the finance and insurance sector and Türkiye ` s innovation policies.

 
Weekly Detailed Course Contents
WeekTopicsStudy MaterialsMaterials
1 Concepts of Innovation and Technological Change Reading Fagerberg, J., Mowery, D. C. ve Nelson, R. R. (Ed.), The Oxford Handbook of Innovation, Oxford University Press. Schumpeter, J. A., Capitalism, Socialism and Democracy, Harper & Brothers.
2 Schumpeter ` s Approach to Innovation The topics covered most recently and the topics to be covered in the new week are reviewed in advance using the related printed and digital resources and online content. Fagerberg, J., Mowery, D. C. ve Nelson, R. R. (Ed.), The Oxford Handbook of Innovation, Oxford University Press. Schumpeter, J. A., Capitalism, Socialism and Democracy, Harper & Brothers.
3 Types of Innovation The topics covered most recently and the topics to be covered in the new week are reviewed in advance using the related printed and digital resources and online content. Fagerberg, J., Mowery, D. C. ve Nelson, R. R. (Ed.), The Oxford Handbook of Innovation, Oxford University Press. Schumpeter, J. A., Capitalism, Socialism and Democracy, Harper & Brothers.
4 R&D Activities The topics covered most recently and the topics to be covered in the new week are reviewed in advance using the related printed and digital resources and online content. Fagerberg, J., Mowery, D. C. ve Nelson, R. R. (Ed.), The Oxford Handbook of Innovation, Oxford University Press. Schumpeter, J. A., Capitalism, Socialism and Democracy, Harper & Brothers.
5 Patents and Intellectual Property The topics covered most recently and the topics to be covered in the new week are reviewed in advance using the related printed and digital resources and online content. Fagerberg, J., Mowery, D. C. ve Nelson, R. R. (Ed.), The Oxford Handbook of Innovation, Oxford University Press. Schumpeter, J. A., Capitalism, Socialism and Democracy, Harper & Brothers.
6 National and Regional Innovation Systems The topics covered most recently and the topics to be covered in the new week are reviewed in advance using the related printed and digital resources and online content. Fagerberg, J., Mowery, D. C. ve Nelson, R. R. (Ed.), The Oxford Handbook of Innovation, Oxford University Press. Schumpeter, J. A., Capitalism, Socialism and Democracy, Harper & Brothers.
7 The Relationship between Growth and Innovation The topics covered most recently and the topics to be covered in the new week are reviewed in advance using the related printed and digital resources and online content. Fagerberg, J., Mowery, D. C. ve Nelson, R. R. (Ed.), The Oxford Handbook of Innovation, Oxford University Press. Schumpeter, J. A., Capitalism, Socialism and Democracy, Harper & Brothers.
8 MIDTERM EXAM
9 Entrepreneurship The topics covered most recently and the topics to be covered in the new week are reviewed in advance using the related printed and digital resources and online content. Fagerberg, J., Mowery, D. C. ve Nelson, R. R. (Ed.), The Oxford Handbook of Innovation, Oxford University Press. Schumpeter, J. A., Capitalism, Socialism and Democracy, Harper & Brothers.
10 Venture Capital and Angel Investme The topics covered most recently and the topics to be covered in the new week are reviewed in advance using the related printed and digital resources and online content. Fagerberg, J., Mowery, D. C. ve Nelson, R. R. (Ed.), The Oxford Handbook of Innovation, Oxford University Press. Schumpeter, J. A., Capitalism, Socialism and Democracy, Harper & Brothers.
11 The Relationship between Innovation and Finance The topics covered most recently and the topics to be covered in the new week are reviewed in advance using the related printed and digital resources and online content. Fagerberg, J., Mowery, D. C. ve Nelson, R. R. (Ed.), The Oxford Handbook of Innovation, Oxford University Press. Schumpeter, J. A., Capitalism, Socialism and Democracy, Harper & Brothers.
12 Innovation in the Finance and Insurance Sector The topics covered most recently and the topics to be covered in the new week are reviewed in advance using the related printed and digital resources and online content. Fagerberg, J., Mowery, D. C. ve Nelson, R. R. (Ed.), The Oxford Handbook of Innovation, Oxford University Press. Schumpeter, J. A., Capitalism, Socialism and Democracy, Harper & Brothers.
13 Innovation Policies in Türkiye The topics covered most recently and the topics to be covered in the new week are reviewed in advance using the related printed and digital resources and online content. Fagerberg, J., Mowery, D. C. ve Nelson, R. R. (Ed.), The Oxford Handbook of Innovation, Oxford University Press. Schumpeter, J. A., Capitalism, Socialism and Democracy, Harper & Brothers.
14 Case Studies The topics covered most recently and the topics to be covered in the new week are reviewed in advance using the related printed and digital resources and online content. Fagerberg, J., Mowery, D. C. ve Nelson, R. R. (Ed.), The Oxford Handbook of Innovation, Oxford University Press. Schumpeter, J. A., Capitalism, Socialism and Democracy, Harper & Brothers.
15 FİNAL EXAM

 
Contribution of Learning Outcomes to Programme Outcomes
P1 P2 P3 P4 P5 P6 P7 P8 P9 P10 P11 P12 P13 P14
All 2 1 3 3 1 1 2 1
C1
C2
C3
C4
C5

  Contribution: 1: Very Slight 2:Slight 3:Moderate 4:Significant 5:Very Significant