Semester I During the first semester this class will introduce advanced management students to selected contributions in economics of innovation and dynamics of industrial markets. Starting from the firms’ entry phenomena, the course will illustrate the themes of innovation and industrial dynamics through the issue of entrepreneurship, in both temporal and spatial terms, and then conclude with an examination of the main theories of entrepreneurship. Seminal papers and chapters from an Italian textbook will be presented and discussed during classes. Semester II The main objective of this part of the course in the second semester is to enable students to understand and analyze the basic concepts and mechanisms between the socio-economic system and innovation, as well as the implications and challenges for society regarding sustainable growth. The most relevant topics will be presented using Italian textbooks and English papers, explained in class to be easily accessible to students, even in English.

Semester I 1) Knowledge and Understanding: At the end of the course students will be able: - to understand the main relationships between the physical environment and the economy; - to understand the economics of technical change, labour markets and inequality. - to understand the diffusion of innovation and geography. 2) Applying knowledge and understanding: The student will be able: - to perform empirical analyses on the taxonomy of innovation in different industries; - to analyse the innovation activities across industries by tacking in account the propensity to patent; - to analyse the impact of automation technology on employment. These goals will be achieved by means of class exercises and work group evaluation. 3) Making judgements: We expect students to be able to make judgements upon the validity and effectiveness of the innovation policies. 4) Communications Skills Through classes exercises and work group presentations the students will be able to communicate their ideas, proposals, analysis and critical reasoning. 5) Learning skills The complementarity between the theoretical knowledge and the know-how students accumulate during the class exercises and work group allow them to acquire those dynamic capabilities useful for their career. Semester II 1) Knowledge and Understanding By the end of the course, students will be able to: - Understand the main basic concepts related to environmental innovation and its relationship with regulation and competitiveness - Understand the concept of sustainability and non-market value; - Understand the dynamics between technology, environmental sustainability, business performance, and the labor market; - Understand policy tools to mitigate local (pollution) and global (climate change) externalities through emission mitigation and adaptation of the socio-economic system. 2) Ability to Apply Knowledge and Understanding By the end of the course, students will be able to: - Empirically analyze the relationship between growth, environmental performance, and companies' green innovative capacity through patent analysis; - Set up a cost-benefit analysis that includes non-market environmental elements. Assessment of these objectives will be through evaluating classroom exercises and group work. 3) Judgment Autonomy Students will develop critical awareness to make value judgments on the dynamics between the natural environment, production, and consumption of goods, as well as the role and effectiveness of environmental policies. 4) Communication Skills. Through exercises and oral presentations in group work, students will acquire the ability to synthesize and the communication skills necessary to speak competently in public about the topics covered in the course. 5) Learning Ability The combination of theoretical knowledge and applied empirical analysis tools will enable students to acquire a work method that is as objective as possible and oriented towards evidence from analyzed data.

Semester I This part of the course deals with innovation, dynamics, entrepreneurship and evolution of different industries. After clarifying some basic concepts about innovation, the phenomenon of business entry and the way in which these are activated by entrepreneurship mechanisms will be considered. Regarding entrepreneurship, the course intends to highlight how entrepreneurship develops in temporal and spatial terms, depending on the economic cycle and the age structure of the population. The historical illustration of the main theories about the figure and characteristics of the entrepreneur concludes. In the first Semester, there will also be a series of seminars on the topic of open strategic autonomy, the European Union's approach to industrial policies in the context of an open economy that manages to combine economic security with free trade. Semester II The second part of the course focuses on the economics of innovation and sustainable growth. After introducing the concepts of innovation and their measures, the different sectoral taxonomies of innovation will be discussed. We will therefore focus on digital and green innovations and their effects on the dual transition.

Semester I * F. Lotti e V. Meliciani, Dinamiche industriali, Il Mulino *F. Malerba, Economia dell’innovazione, Ristampa 2014; *Selected papers to be defined Semester II * F. Lotti e V. Meliciani, Dinamiche industriali, Il Mulino *Selected papers to be defined

The course consists of lectures, flip classrooms, exercises, simulations, and on group-works that will be presented in class at the end of the course.

The overall evaluation for the students attending class consists of an ongoing assessment (based on exercises and simulations and on the content and presentation of group work) which accounts for the 70% of the final grade. The remaining 30% is based on an oral exam. In more detail: Tests (40%): four tests (multiple choice questions) administered to students throughout the year. The weight (0.40) will be applied to the best three grades the student get from these tests. Group Work (30%): two group works throughout the year. Oral exam (30%), 2 questions. The exam will last about 10 minutes. All grades will be on a range from 0 to 30 to which the weights above apply. For non-attending students the rules are as follows: Oral exam (100%) 4 questions, 30 minutes in total (range 0-30)

In general, an interest in the subject. From a master's degree student we expect: 1) ability to propose a thesis that can be traced back to the topics or the tools presented during the course; 2) ability to conduct quantitative analyses; 3) initiative and critical thinking when using data and bibliographical resources.