MEGIN - Structure

The MEGIN Program has a total of 60 ECTS (European Credit Transfer System) credits distributed according to the following scheme:

  • Module 1 – Foundations of technological change (30 ECTS)
  • Module 2 – Advanced courses (15 ECTS)
  • Module 3 – Master Thesis (15 ECTS)

Additional details:

  • Intended duration: 1 academic year (for full-time students)
  • Type of instruction: Classroom learning
  • Languages: Spanish and English
  • Types of registration for the academic year:
    • Full-time: 60 ECTS credits.
    • Part-time: 30 ECTS credits.

Courses are structured as follows:


Innovation Economics (5 ECTS)

José Molero (UCM)

The main aim of the subject is to study innovation and technological change from an economic perspective, and their relationship to competitiveness and wealth creation within the current international economy. For that purpose, the program is organized about two complementary ranges of topics. The first one refers to exposure to the essential analytical concepts and tools necessary to conduct research on industrial innovation and technology and their connection with economic dynamics. The second range of topics is more empirical in nature and gathers the most relevant results from studies on today’s international situation and on the favorable aspects and most relevant limitations of the Spanish economy.

Economic Growth and Innovation (5 ECTS)

Rafael Myro (UCM)

The aim of the subject is to familiarize students with economic growth and to highlight the role of innovation in the technical development and the catching up process of the least developed countries. Stylized facts of growth and then the neoclassic growth model are studied focusing on weaknesses and challenges in order to explain the facts studied, with particular attention to the exogeneity assumption in technical progress. Endogenous growth models introducing innovation and foreign technology uptake are then explored in depth, starting with the work of Paul Romer. Special attention is given to the analysis of knowledge spillovers. The course closes with an assessment of the impact of ITC on growth.

Strategic Management of Innovation (5 ECTS)

Patricio Morcillo (UAM)

The subject attempts to value technological innovation and to give it a strategic dimension. Based on the importance that awareness and unanimous criteria with regards to the beneficial effects of technological innovations on the development of economic activity has within the firm, analysis is conducted on adequate planning of the company’s technological resources based on an effective staff management and an efficient administration of resources, processes, knowledge, patents and information systems, which constitute the most valuable company assets.

Economics and Knowledge Management (5 ECTS)

Paloma Sánchez (UAM) / Juan Carlos Salazar (UAM)

The main purpose of the subject is to examine the various existing theories on technical change, the policies started by different governments based on those theories and the effects of technical change on the growth and development of nations. Today’s basic hypothesis is that technological change is achieved in those phases on the basis of technological innovation and that only innovative businesses, and hence innovative sectors and countries, compete successfully in international markets. Special emphasis is put on knowledge management and intellectual capital within organizations as necessary condition for achievement of innovations.

Economics, Organization and Management of Technological Innovation (5 ECTS)

Antonio Hidalgo (UPM)

The main purpose of the subject is to identify the areas characteristic of the innovation topic from a business applied perspective. None the less, although it is widely accepted that technology plays an essential part in business competitiveness, it is also one of the most difficult intangible factors to manage, which is pointed out by a large number of examples of firms that have erroneously exploited their technological advantages and have lost their position in the market versus their competitors. Such reasons as an inadequate integration of the technological strategy into the global strategy or an ineffective consideration of applied research action and product development action, among others, account for many business failures.

R&D and Innovation Policies within the European Union (5 ECTS)

Gonzalo León (UPM)

The aim of the subject is to facilitate understanding of the three basic or general principles, as major guidelines to guide European scientific and technological policies: to contribute to knowledge generation, to contribute to improved business competitiveness and to serve citizens and improved social welfare. Development of Science-Technology-Business systems is not only based on internal dynamics but is also related to the evolution of their environment. For that reason, for R&D and Innovation policy making the leading role of the actions taken in this field by the various Nations must be taken into consideration. Furthermore, R&D and Innovation policies cannot be outside the global objective pursued by all public policies, which is no other than to contribute to social cohesion and territorial structuring.


Science and Research Methodology (5 ECTS)

Paloma Sánchez (UAM) / Juan Carlos Salazar (UAM)

The purpose of the subject is to approach students to a methodological study of science and research. With regards to Science methodology, students will learn how science was understood throughout history and how scientists interpreted their task. As for research methodology, students will improve their skills on practical aspects: will learn how to do research and will know about and distinguish between quantitative and qualitative methods.

Internationalization of Technological Change (5 ECTS)

Isabel Álvarez (UCM)

The aim of the subject is to study technological change from an international perspective, as well as to study its connection with competitiveness and welfare generation. For this purpose, on the basis of the most relevant results of empirical analysis on various forms of technological internationalization a profound study of the facts and tendencies on international economy will be made and both favorable aspects and major limitations affecting the Spanish economy in this area will be specifically studied.

Financing of Innovation and Industrial Property (5 ECTS)

Antonio Hidalgo (UPM)

The main purpose of this subject is to assess the strategic relevance of the financing mechanisms of innovation and patents as a source of value for organizations. Both the capacity to capture public and private funding and the know-how related to the generated technologies are values possessed by organizations which allow for innovation in new products, processes or services with features such as cost, quality, development time and other factors which improve on those obtained by potential competitors.


Trabajo Fin de Máster (15 ECTS)

Development of a research work previously designed with a professor pertaining to the Master’s Program.

Last modified: Wednesday, 29 November 2017, 5:36 PM