Measurement of Innovation

2023/2024

Type: Mago-Lego

Delivered by: Department of Educational Programmes

When: 4 module

Open to: students of all HSE University campuses

Instructors: Valeriya Vlasova

Language: English

ECTS credits: 3

Contact hours: 32

Full Syllabus

Abstract

The course helps to understand how innovations contribute to the development of businesses, industries and countries, and introduces students to the innovation measurement at different levels. It starts with fundamental knowledge on the phenomenon of innovation and innovation processes in economies, from the perspective of firms and nations. Further, the course presents approaches to measurement of innovation with a use of different sources of information such as firm-level innovation surveys and international innovation rankings, and open statistical databases. The focus is made on the international standards and best national practices of innovation measurement. Individual assignments and group projects contribute to the students’ ability to independently collect data, interpret and present innovation indicators, and communicate the conclusions to managers and policy-makers.

Learning Objectives

To provide students with basic knowledge of innovation measurement
To equip students with international standards and best practices of innovation statistics
To introduce students to the key data sources on innovation
To develop students’ abilities to present and interpret innovation indicators for decision-making
To train students’ analytical skills when discussing problems related to innovation development

Expected Learning Outcomes

Ability to apply modern techniques and methods of data collection, advanced methods of its processing and analysis, practise smart data analytics systems while doing managerial and research tasks (GPC2)
Ability to take grounded managerial decisions, assess its operational and organizational effectiveness and social importance, support its realization in conditions of complicated (incl. cross-cultural) and dynamic environment (GPC3)
Ability to analyze problematic situations applying the system approach, work out a strategic plan (UC1)
Ability to organize and lead a team, work out a team strategy for goal achievement (UC3)
Ability to determine and realize the priorities of self-activities and ways of its improvement based on self-assessment (UC6)
Ability to assess and review company strategy implementation and develop and monitor measures to reach strategic objectives (PC1)
Ability to review existing business models, develop new business models and incorporate international perspective (PC3)
Ability to recommend up to date business development activities, design and manage corporate entrepreneurship and sustainability of business models (PC4)

Course Contents

I. 1. Why and how measuring innovation
I. 2. Basics of innovation statistics
I. 3. Key innovation indicators
II. 4. Measuring country innovation performance
II. 5. Business innovation statistics
II. 6. Innovation in all sectors of the economy
II. 7. Measuring entrepreneurship
II. 8. Towards next generation of data and indicators

Assessment Elements

Exam
The final exam is an open-book written task comprising closed questions (single answer or multiple choice) and open-ended questions (around 5 questions in total) to be answered in a comprehensive way in 60 minutes. Questions have different weights and give 100 points in total recalculated into 10-point scale.
In-class participation
Home assignment
Home assignment (HA) is an individually written task prepared within a week period on the topic announced during each lecture. HA are to be submitted by the beginning of the lecture coming a week after the task was announced, by e-mail to the lecturer. Students receive grades for the submitted tasks within a week. Each student is asked to submit two any of the HA in the form of mini-essay around 1000 words following the topics that were provided. HA (if not mentioned specifically) should include: a short introduction (why the issue matters), a reasoned (evidence-based) written reply to the question asked, and a short conclusion (the main finding). It is possible to submit no more than three HA in total. Two highest grades are be taken into consideration for final grade calculation.

Interim Assessment

2023/2024 4th module
0.5 * Exam + 0.25 * Home assignment + 0.25 * In-class participation

Bibliography

Recommended Core Bibliography

Drucker, P. F. (2015). Innovation and Entrepreneurship. Routledge.
Gault, F. (2013). Handbook of Innovation Indicators and Measurement. Cheltenham: Edward Elgar Publishing. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=602821
Rosenberg, N., & Hall, B. H. (2010). Handbook of the Economics of Innovation (Vol. 1st ed). Amsterdam: North Holland. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=336015
The Oxford handbook of innovation / ed. by Jan Fagerberg . (2005). Oxford [u.a.]: Oxford Univ. Press. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edswao&AN=edswao.113254679
von Hippel, E. (2016). Free Innovation. The MIT Press Open.

Recommended Additional Bibliography

Charles Livingston, & Paul S. Voakes. (2005). Working With Numbers and Statistics : A Handbook for Journalists. Routledge.
Innovation and entrepreneurship, Bessant, J., 2007
Jennifer George-Palilonis. (2016). A Practical Guide to Graphics Reporting : Information Graphics for Print, Web & Broadcast: Vol. Second edition. Routledge.

Course Syllabus