Course Details

Theory of prices and innovation in the building industry

Academic Year 2022/23

DVB071 course is part of 4 study plans

DPC-E Summer Semester 1st year

DKC-E Summer Semester 1st year

DPA-E Summer Semester 1st year

DKA-E Summer Semester 1st year

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.

Course Guarantor

doc. Ing. Alena Tichá, Ph.D.

Institute

Institute of Structural Economics and Management

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.

Prerequisites

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

Language of instruction

Czech

Credits

8 credits

Semester

summer

Forms and criteria of assessment

examination

Specification of controlled instruction, the form of instruction, and the form of compensation of the absences

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

Offered to foreign students

Not to offer

Course on BUT site

https://www.vut.cz/en/students/courses/detail/254498

Lecture

13 weeks, 3 hours/week, elective

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.