This course provides a solid conceptual foundation for understanding how technology affects the economy, how economic forces reciprocally influence technological changes, and the decision-making processes through which innovation occurs. It examined in turn productivity growth, markets for innovations and high-technology talent, basic science, the management and financing of R&D, the patent system, Schumpeterian hypotheses, technology diffusion processes, government science and technology policy, and the impact of technological change on international trade and labor markets.
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