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Before you start trying to decide whether your idea is correct, you should stop to ask whether it is interesting. If it isn't interesting, no one will care whether it is correct or not. So try it out on a few people|see if they think that it is worth pursuing. What would follow from this idea if it is correct? Would it have lots of implications or would it just be a dead end? Always remember that working on this particular idea has an opportunity cost|you could be spending your time working on a di erent idea. Make sure that the expected benets cover that opportunity cost | Lund University School of Economics and Management Programme Curriculum for Master Programme in Economic Growth Innovation and Spatial Dynamics 1. Identification Name of programme Master Programme in Economic Growth Innovation and Spatial Dynamics Scope of programme 60 120 ECTS Level Master level Programme code EAEGI Decision details Board of the School of Economics and Management 13 April 2007 Amendment details Board of the School of Economics and Management 19 December 2007 10 April 2008 11 June 2009 30 November 2010 16 June 2011 24 September 2012 2. Programme description Economic growth innovation and entrepreneurship are areas of intense research in several countries and scholars at the departments cooperating in this programme are close to the international frontier. A combination between the three areas in a master programme meets a need in analytical and planning work for ability to merge knowledge about economic modelling and the role of innovation and entrepreneurship with empirical evidence about economic change across time and space. Innovation is fundamental in the process of economic growth. Theories of economic growth for long have sought a comprehensive model that along with capital and labour also encompass technical change. In a long-term perspective innovations have repeatedly restructured the prevailing technology conceptualized alternatively as techno-economic paradigms general purpose technologies or synonymously. These changes have gone along with a geographical reallocation of the leading centres of economic activity. Innovation can broadly be defined as the commercialization of new combinations. Commercialization involves entrepreneurship and actors. Hence analytical and planning work on economic growth must take account of its interaction with innovation and entrepreneurship as well as its dynamics over time and space. The sustainability of economic growth is today questioned due to environmental factors such as climatic change. According .
