Innovation and Green Finance

Budapest University of Technology and Economics
LEVEL
Master
TYPE
Course
MODES
-
LANGUAGE
-
ECTS
3
PERIOD
04/09/2023 to 22/01/2024

Course Description

The aim of the subject is to provide an introduction into the main characteristics of the financing of innovation and green or sustainable developments.
Both innovative and green activities are phenomena with positive externalities and are, among other things, characterized by underfunding. The state, the regulator, has a significant role in boosting innovation and green ecosystems as well including funding systems. In addition, green things are often innovative, therefore they are a subset of innovative companies/activities. The discipline is currently fragmented into the followings: innovation macro- and microeconomics; sustainability studies macro and micro (e.g. SCR) level, innovation (corporate) man-agement; innovation finance systems (crowdfunding, VC) and green approaches. That course tries to integrate the different approaches, which would give it a novelty.
Before a detailed discussion of financing issues it is indispensable to clarify the role innovation and sustainability plays in economic thinking. It is worth examining those aspects in which these domains/fields of economics are different from the traditional functioning of the economy and industries and why they deserve special attention from a macroeconomic and social point of view. Furthermore, the relationship between the government and the market and the role of the government give rise to an important professional debate.

Time format

weekly

Educational-info

Competences

Student is able to
• plan and organize independent learning,
• comprehend and use the professional literature of the topic,
• using methods learn they could perform calculations to support decision-making.

Prerequisites

none

Duration

28 h / 14 weeks

ECTS

3

Validation mode

Written examination

Maximum number of students

10

Organizer

Partner

Budapest University of Technology and Economics

Faculty

Faculty of Economic and Social Sciences

Department

Department of Finance

Contact or registration links