Investment and Innovation in the Economy

  • Credits: 3
  • Ending: Examination
  • Range: 2C
  • Semester: winter
  • Year: 3
  • Faculty of Economics and Finance

Teachers

Included in study programs

Management of Public Policies

Teaching results

Knowledge and understanding.
- acquiring knowledge and understanding of the main contexts in the field of investment and innovation, technology transfer, new trends in Europe and in the world,
- understanding the importance and impacts of investment and innovation policy,
- understanding the impact of the institutional and legal framework on business,
- the ability to assess the importance of funding for science and technology and to be able to calculate the efficiency of spending on science and research,
- ability to work independently with a database of data related to the investment and innovation process in the economy
Competences. After studying this module, you should be able to:
- synthesize basic knowledge in the field of investment and innovation
- understand the relationship of investment and innovation to the use of savings in the economy, to the overall economic balance, to structural changes and possible development strategies
- apply knowledge and critically analyze problems related to technology transfer.
Skills, properties and attributes. After studying this module, you should be able to:
- interpret the results of analyzes related to investment and innovation
- formulate problems arising from the process of fixed capital formation
- learn to work in a team
- prepare and present individual work - develop a business plan.

Indicative content

1. Defining the material, procedural and methodological aspects of investments and innovations in the economy.
2. Explanation of the nature and context of processes in the investment system,
3. Explanation of the preparation and implementation of investments, as well as their guidance by economic policy.
4. To provide knowledge in the field of innovations.
5. Place, role and importance of innovation in economic growth and development.
6. Investment decisions in relation to stability, profitability and successful business
7. Clarify the relationship between investment and innovation, their use in the economy.
8. Clarification of the creation and use of outputs of science, research and development.
9. Application of licenses, know-how, transfer of technologies and inventions in innovative development.
10. Mediation of knowledge related to the creation and acquisition of financial resources.
11. Investment financing process.
12. Innovative decision-making of companies in relation to their stability, profitability and successful business.

Support literature

Vidová, J. 2015. Investície a inovácie v ekonomike. Ekonóm, Bratislava 2015.
2. Fagerberg, J. – Movery, D. – Nelson, R. 2005. The Oxford Handbook of Innovation. Oxford university press. Oxford. 2005. ISBN 978-0-19-926455-1

Requirements to complete the course

20% continuous written work, 20% semester work, 60% written exam

Student workload

Student workload (in hours): student workload: 78 h (participation in seminars 26 h, elaboration of a semester project 13 h, preparation for a credit paper 13 h, preparation for an exam 26 h.

Language whose command is required to complete the course

Slovak

Date of approval: 12.03.2024

Date of the latest change: 11.02.2022