45070 - Corporate and Innovation Economics

Academic Year 2020/2021

Learning outcomes

The goal of the course is to provide attendants with the basic tools for the analysis of origin, evolution and role of economic enterprises, along the course of history and in present times. Interplay between technological and organizationale factors is given particular attention.

Course contents

Origins of firms in the western world. Their foundations in anterior times.

From medieval shops to putting-out system. Beginning of English Industrial Revolution.

Innovations and institutions as factors of Industrial Revolution

Division of labour. Birth of modern factories

The XIX Century: the Second and the Third Revolution. Innovations & research. New shapes of modern enterprises

The concept and practice of economies of scale

Birth of Scientific Management. Taylorism and its aftermaths on factory work and labourers' wages

Ford, Fordism and Post-Fordism

The Multi-Division Firm. The Managers' Revolution

The case about Adriano Olivetti

Public enterprise. The case about Italy

The Italian entrepreurs of the XXth century. 'Made in Italy' manufacturing

Small firms and industrial districts. Bologna

The comeback of Liberism. The shareholders' revenge and its consequences

IT and TLC revolution

Firms and modern finance

Venture Capital, Start-Ups

Platforms and crowds

Sharing Economy

The Entrepreneurial State (M. Mazzucato)

Social Responsibility of Firms

Circular & Green Economy

The Return of Liberism. Neo-Liberism. Taylorism makes a comeback

Evaluation in jobs and research

 

 

Readings/Bibliography

Bibliographic references will be provided at due time, according attendants' interests and research projects

Teaching methods

Face-to-face lectures.

Attendancy not compulsory. However, as it is impossible to provide a valuable coverage of the content of the course through a limited number of references, attendancy is strongly recommended. Slides and other material will be at best a surrogate for the failure to attend.

Assessment methods

Short essay on a subject to be decided upon together with the lecturer.

The essay will have to concern a problem linked to the general content of the course, albeit not necessarily related to one of the issues discussed during the course itself.

The selection of the theme is conditioned upon the existence of adequate material, which will have to be verified at the beginning.

Thre are no specific requirements in terms of the dimension of the essay, however measured. What is essential, is an adequate coverage of the most relevant material and sources.

The essay will have to be submitted to the lecturer in the subsequent steps of its development, so that it might be possible to introduce - if necessary - timely corrections and/or changes.

Once approved, the work will be discussed orally with the lecturer. In the discussion, reference may be made to the main concepts and notions touched upon during the course.

Assessment Criteria:

18-21: basic survey of the literature, without original contributions

22-24: survey with substantial bibliographic references

25-28: critical insights, substantial bibliographic references

30-30 cum laude: thoroughly original contribution

 

Teaching tools

Slides, videos.

Office hours

See the website of Fabio Nuti Giovanetti