Course detail

Theory of prices and innovation in the building industry

FAST-DVB071Acad. year: 2021/2022

The subject deals with the interaction of costs, price, value and innovation. At first, the general price theory is discussed as part of economic theory and its application in various economic schools. Furthermore, it deals with innovations, their historical development in economic history and the importance of increasing the competitiveness of organizations and enterprises. Part of this is the teaching of selected methods for assessing the effectiveness of innovations. Types of innovation and different paths to innovation are discussed in relation to current legal documents of innovation policy at both EU and Czech level. The course also includes lessons on special forms of innovation management and innovations in the construction industry.

Language of instruction

Czech

Number of ECTS credits

8

Mode of study

Not applicable.

Department

Institute of Structural Economics and Management (EKR)

Learning outcomes of the course unit

Not applicable.

Prerequisites

Costs and prices, construction company, investment economics, project management.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

Not applicable.

Assesment methods and criteria linked to learning outcomes

Not applicable.

Course curriculum

1. Price and its functions. Price theory.
2. Pricing policy of the state. Pricing system. Pricing regulation.
3. Price indices. Inflation. Market protection.
4. Company pricing policy.
5. Cost and pricing.
6. Innovation. Innovation theory. Types of innovation. Innovative space.
7. Creativity, research and development as and source of innovation.
8. Strategy and innovation process in the enterprise.
9. Protection of industrial and intellectual property in the Czech Republic.
10. Valuation of industrial and intellectual property as intangible assets.
11. Measurement and evaluation of innovations. Costs and effects of innovation. Innovation index. Point of innovation balance.
12. Institutions and information system for innovation in the EU and the Czech Republic. EU Innovation Union.
13. EU and CR supporting innovation.

Work placements

Not applicable.

Aims

Not applicable.

Specification of controlled education, way of implementation and compensation for absences

Extent and forms are specified by guarantor’s regulation updated for every academic year.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

Not applicable.

Recommended reading

Not applicable.

Classification of course in study plans

  • Programme DPA-E Doctoral, 1. year of study, summer semester, compulsory-optional
  • Programme DKC-E Doctoral, 1. year of study, summer semester, compulsory-optional
  • Programme DKA-E Doctoral, 1. year of study, summer semester, compulsory-optional
  • Programme DPC-E Doctoral, 1. year of study, summer semester, compulsory-optional

Type of course unit

 

Lecture

39 hours, optionally

Teacher / Lecturer

Syllabus

1. Price and its functions. Price theory. 2. Pricing policy of the state. Pricing system. Pricing regulation. 3. Price indices. Inflation. Market protection. 4. Company pricing policy. 5. Cost and pricing. 6. Innovation. Innovation theory. Types of innovation. Innovative space. 7. Creativity, research and development as and source of innovation. 8. Strategy and innovation process in the enterprise. 9. Protection of industrial and intellectual property in the Czech Republic. 10. Valuation of industrial and intellectual property as intangible assets. 11. Measurement and evaluation of innovations. Costs and effects of innovation. Innovation index. Point of innovation balance. 12. Institutions and information system for innovation in the EU and the Czech Republic. EU Innovation Union. 13. EU and CR supporting innovation.