Argomenti dell'insegnamento
M1: 1) Pricing strategies: a real-world example to start with 2) Market structure and market power 3) Monopolistic price discrimination 4) Monopolistic pricing in digital markets 5) Competition and differentiation M2: 1) Networks and platforms 2) Institutions, knowledge diffusion, government and growth 3) R&D, patents and standardization 4) Nurturing innovation – entrepreneurship, innovators and ideas 5) Asymmetric information and financing innovation 6) Industrial policy, strategic autonomy and innovation

Modalità di insegnamento
Lectures + exercise sessions + students presentations + case studies and in-class discussion

Modalità d'esame
The assessment takes into consideration the combined acquisition of the learning outcome reached by the students in the two modules. Over the course, students are expected to participate to class discussion based on topic assigned in advance. They are also given written final exam, project works, and oral presentations

Criteri di valutazione
The final grade will be the arithmetic average of the grade in M1 and in M2. A minimum grade of 15 in both modules is required For M1 and M2: For attending students: individual written final exam test (at most 70%); course work (at least 30%). For not attending students: final exam 100% The final exam will assess the following skills: Ability to understand the impact of firms’ incentives in designing firms’ competitive strategy (pricing, entry) Ability to understand incentives for firms to collaborate and to innovate in environments characterized by complementarities and network externalities Ability to understand both the private incentives and the welfare consequences of firms’ strategies Ability to assess, within a managerial perspective, costs and benefits of innovative activity within a firm, both in the short and in the medium-long run Ability to identify, from the viewpoint of a manager, the innovation protection tools that best fit the different contexts, assessing their costs and benefits Ability to assess, within a policy-maker perspective, effectiveness and efficiency of the various industrial policy instruments for innovation. Ability to assess the role of institutions (private sector vs public sector) in promoting and supporting innovation Students are expected both to be able to solve formal economic models, and to discuss their implications.