Postgraduate Course: Economics and Innovation in the Biotechnology Industry (PGBI11059)
Course Outline
| School | School of Biological Sciences |
College | College of Science and Engineering |
| Credit level (Normal year taken) | SCQF Level 11 (Postgraduate) |
Availability | Available to all students |
| SCQF Credits | 10 |
ECTS Credits | 5 |
| Summary | Biotechnology is the effort to use biological knowledge and processes to feed, clothe, shelter and make money for its practitioners. The economic structures that make money in biotechnology are limited liability joint stock companies. Such companies exploit patenting, intellectual property and production and marketing in different ways.
This new ten credit course will examine successful models, structures and strategies in use in current biotechnological industry. Where business models fail will also be investigated Comparisons between Scotland and Denmark (biotechnology in a largely post-industrial landscape) and Brazil, China and India (biotechnology in rapidly urbanising societies with large agricultural sectors) will be made and analysed.
The teaching objectives of the course are to impart knowledge of how biotechnology has developed into today¿s industry and how biotechnology contributes to the research and development culture of our contemporary economic systems.
The course objectives are to impart an understanding of how biology derived technologies have developed during recent human economic and social evolution and how they are likely to further develop during this century. |
| Course description |
Not entered
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
Students MUST have passed:
|
Co-requisites | |
| Prohibited Combinations | |
Other requirements | None |
Information for Visiting Students
| Pre-requisites | None |
Course Delivery Information
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| Academic year 2014/15, Available to all students (SV1)
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Quota: None |
| Course Start |
Semester 1 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
100
(
Lecture Hours 20,
Programme Level Learning and Teaching Hours 2,
Directed Learning and Independent Learning Hours
78 )
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| Assessment (Further Info) |
Written Exam
0 %,
Coursework
100 %,
Practical Exam
0 %
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| Additional Information (Assessment) |
- Scientific resume
- Essay 1 (10%)
- Essay 1 rewrite (7%)
- Presentation (10%)
- Essay 2 (70%) 2500 words
|
| Feedback |
Not entered |
| No Exam Information |
Learning Outcomes
Knowledge and understanding
After completing this course, students should be able to:
- Demonstrate advanced knowledge of current economic landscape of biotechnology and the markets for biotechnology products.
- Understand the key role of innovation and demonstrate knowledge of the history of biotechnological innovation.
- Know what management is, and how it can direct novel biotechnological development
- Know where current biotechnology hot spots are and demonstrate a capacity to critically analyse potentially promising new biotechnologies.
- Understand how capital investment operates and the various structures for funding biotech development.
- Analyse critically the various models and structures for biotechnological innovation and production.
Cognitive skills
After completing this course, students should be able to:
- Critically analyse the economic basis of any proposed venture into biotechnology and production for profit
Subject specific skills
After completing this course, students should be able to:
- Understand how economics and policy affect innovation in biotechnology and how management directs biotechnology enterprises.
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Additional Information
| Graduate Attributes and Skills |
Not entered |
| Additional Class Delivery Information |
This course is taught by lectures, class discussions, individual and group presentations, preparation of written analyses in thematic essays and research reports. |
| Keywords | BIOTECH Ec and Innov |
Contacts
| Course organiser | Dr David Arnot
Tel: (0131 6)50 5503
Email: D.E.Arnot@ed.ac.uk |
Course secretary | Ms Andrea Nichol
Tel: (0131 6)50 5538
Email: Andrea.Nichol@ed.ac.uk |
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