Lecture Incentives to Innovate (372017)

SEMINAR PROFILE

General Details
Seminar title	Incentives to Innovate
Course code(s)	372017
Academic session	SuSe 2020
Course availability	annually
Course content	The course covers models on the effect of incentives in the innovation process. Among others, different principal agent models incorporating particularities arising when implementing incentives within the innovation process, are part of the course. For example, we discuss principal agent models that involve intrinsic motivation, allocation of property rights, multi-tasking, and teamwork. The course is based on formal models and empirical evidence.
Target group / area	Master WiWi PO 2018: Area Economic Policy and Theory
Course language	Englisch
Location	Lecture: Mo. 12:45 am - 02:15 p.m. in I-442, Exercise: We. 12:45 a.m. - 02:15 p.m. in I-332
Industry partner	No
Timetable	weekly
Requirements and Academic Support
Objectives	Based on current research in behavioral economics, students will aquire knowledge on the effect of incentives on innovation. The focus lies in understanding the impact of incentives in the innovation process and possible side effects as well as problems arising when incentives are implemented within this process.