TM706
Economics, Technology and Intellectual Capital
0.5 Credit

The development, protection, utilization, and transfer of knowledge assets lie at the core of wealth creation in today's global economy. This course applies microeconomics and game theory to the economics, business strategies and policy issues related to intellectual capital and technology. Topics covered include the law and economics of intellectual property; networks, lock-in and switching costs; product differentiation and pricing; and technology governance, regulation and policy. Students develop an understanding of the economic issues relating to intellectual capital, technology and innovation, from the perspective of consumers, firms and policy makers.