31403 - Principles of Business Economics and Innovation T

Course Unit Page


This teaching activity contributes to the achievement of the Sustainable Development Goals of the UN 2030 Agenda.

Decent work and economic growth Industry, innovation and infrastructure

Academic Year 2021/2022

Learning outcomes

Knowledge of the basic quantitative tools for the economic-financial analysis of business decisions and for the interpretation of management results. Knowledge of the problems of intellectual property protection as a priority for corporate development. Outline of the problems of technology transfer from academic to industrial knowledge. Knowledge on how to manage innovation in established corporations and new ventures

Course contents

PART ONE The business system and the competitive environment - Financial statements as an analysis tool for business management - Cost analysis for decisions - Investment analysis

SECOND PART The significance of technological innovation and its dynamics - Innovation protection mechanisms - Business Model as an innovation tool


R.N. Anthony, D.M. Macrì, L.K. Breitner, The Budget. Economic analysis for decisions and communication of performance. McGraw-Hill, Milan (excluding chap. 9)

R.N. Anthony, D.F. Hawkins, D.M. Macrì, K.A. Merchant, Control systems: economic analysis for business decisions. McGraw-Hill, Milan. (chapters 1, 2, 3, 4, 14, 15, 16, 17).

M. Shilling, Innovation Management. McGraw-Hill, Milan (chapters 2,3,9).

Additional readings will be provided during the course 

Teaching methods

Lectures and classroom exercises. Following the Covid emergency, teaching will be provided according to the methods established by the School of Engineering

Assessment methods

Exam test at the end of the course Exam topics: 2 numerical exercises + 3 open questions (of which 2 on the innovation part and 1 on the budget part)

Test frequency: 3 after the first semester, 2 after the second semester (June and July), 1 in September.

How to register: Almaesami Method of communication: Almaesami

Office hours

See the website of Rosa Grimaldi