Master's programme in Economics of Innovation and Growth
Innovation and entrepreneurship are prime factors behind value creation, economic prosperity and employment growth. These initiatives can take place on several levels – enterprise, regional and national – and lead to new businesses as well as increased competitiveness for those already established. 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, economics, financing and other related areas.
Economics of Innovation and Growth at KTH
The programme is focused on the economic aspects of the innovation process, i.e. the process of commercialising inventions. Innovations are created by trying to solve production problems and learning from experience, finding new and better ways of doing things, profiting from new markets, or sometimes just to satisfy curiosity. The intensity and direction of these activities are conditioned by laws, institutions, customs and regulations that affect their incentive and ability to appropriate rents from newly created technologies.
The Master programme aims to provide students with the analytical tools derived from modern economic theories. These include specialisation, diversification and dissemination of ideas and knowledge; innovation activities, international competition, trade and growth. Another objective is to make the students in the programme 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 comprehensive 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.
The programme allows for a broad spectrum 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.
Find out what students from the programme think about their time at KTH.
For questions regarding programme content and specific admission requirements, feel free to contact the programme coordinator.
Changes in the programme may occur.