Master's programme in Economics of Innovation and Growth
Innovation and entrepreneurship are prime factors behind value creation, economic prosperity and employment growth. These processes take place at the level of enterprise, region and nation and will lead to new businesses as well as to increased competitiveness of the existing ones. The growing awareness of the importance of innovation among knowledge-based firms, financial markets and policymakers has created demand for a programme which integrates aspects of technology, economy, financing and other related areas.
The growing awareness of the importance of innovation among knowledge-based firms, financial markets and policymakers has created a demand for a programme which integrates aspects of technology, economy, financing and other related areas.
The programme opens up a broad variety of career opportunities within the private and public sector. Previous students can be found in banking, large multinational corporations, governmental agencies, consultancy companies, academia and entrepreneurial ventures.
The programme is focused on the economic aspects of the innovation process, i.e. on the process of commercializing inventions. Innovations are created in a process of trying to solve production problems, to learn from experience, to find new and better ways of doing things, to profit from the opening up of new markets, and sometimes just to satisfy curiosity. The intensity and direction of innovation activities are conditioned by laws, institutions, customs and regulations that affect their incentive and their ability to appropriate rents from newly created technologies.
The Master Programme aims to provide students with the analytical tools derived from modern economic theories. They include specialization, diversification and dissemination of ideas and knowledge, innovation activities, international competition, trade and growth. Another objective is to make the participants in the program familiar with applied techniques for analysing, measuring and predicting specialisation, trade flows and price patterns in the context of a global economy with dynamic competitive advantages and increasing returns.
The student will acquire a qualified training in understanding and solving complex problems in modern economics and in producing solid foundations for policy decisions by knowledge-based firms, financial markets and policymakers.
Students who have successfully completed the programme will be awarded a "Degree of Master of Science (Two Years)" with a specialisation in Economics of Innovation and Growth.
The Degree Project (30 ECTS) is compulsory in order to apply for a Master Degree at KTH. The prerequisite for starting the degree project is completed courses corresponding to 60 ECTS. The Degree Project is graded on a scale A-F, where A-E are passing grades with A as the highest grade.
Students who have successfully completed the programme will be awarded a "Degree of Master of Science (Two Years)" with a specialisation in Economics of Innovation and Growth. The student must apply for the degree certificate. All courses should be completed and reported before application.