Economics of Technology and Innovation

The section Economics of Technology and Innovation (ETI) conducts research and teaching on economic incentives leading to responsible technological change. Responsible or value-sensitive technological change aims to add to the economic literature of directed technological change by focusing not only on “standard” economic values such as prices but also on other values such as safety and risk, ethical and social values. The emphasis is on human-technology systems interaction with the help of socio-technical systems and incentives aimed at achieving responsible technological change in the fields of among others global warming, affordable and safe energy and water infrastructure, public health.