INNOVATION AND GREEN FINANCE - BMEGT35M108

The aim of the subject is to provide an introduction into the main characteristics of the financing of innovation and green or sustainable developments. Both innovative and green activities are phenomena with positive externalities and are, among other things, charac-terized by underfunding. The state, the regulator, has a significant role in boosting innovation and green ecosystems as well including funding systems. In addition, green things are often innovative, therefore they are a subset of inno-vative companies/activities. The discipline is currently fragmented into the followings: innovation macro- and mi-croeconomics; sustainability studies macro and micro (e.g. SCR) level, innovation (corporate) management; innova-tion finance systems (crowdfunding, VC) and green approaches. That course tries to integrate the different approach-es, which would give it a novelty. Before a detailed discussion of financing issues it is indispensable to clarify the role innovation and sustainability plays in economic thinking. It is worth examining those aspects in which these domains/fields of economics are dif-ferent from the traditional functioning of the economy and industries and why they deserve special attention from a macroeconomic and social point of view. Furthermore, the relationship between the government and the market and the role of the government give rise to an important professional debate.

1. the role innovation and sustainability plays in economic thinking;
2. the role of the government in innovation;
3. innovation ecosystems;
4. innovation finance systems.

1. plan and organize independent learning,
2. comprehend and use the professional literature of the topic,
3. using methods learn they could perform calculations to support decision-making.

1. is open to learn about and adapt innovations in finance,
2. collaborates with their instructors and peers during the learning process,
3. gains knowledge and information,
4. makes use of ICT tools.

1. is open to accept reliable critical remarks,
2. collaborates with other students in performing assignments during the learning process,
3. could make prudent financial decision,
4. understands the importance and weight of responsibility and can assess the consequences of decisions.

Lectures, verbal and written communication, use of ICT tools and techniques, optional tasks alone and in groups.

• Kötelező - Obligatory:
• Az előadások prezentációinak anyaga, ami a félév során folyamatosan fog feltöltésre kerülni.
• Egyetemi jegyzet: „Sustainability, innovation and finance: integration challenges”
• Slideshows of the lectures which will be uploaded continuously during the semester.
• „Sustainability, innovation and finance: integration challenges”. BME note

Assessment of the learning outcomes described under 2.2. is based on an written-exam,

Detailed description of mid-term performance assessments no assessment in mid-term Detailed description of examination performance assessments,Written exam

• Written exam: 100

According to TVSZ.

According to TVSZ.

Subject includes the topics detailed in the course syllabus to ensure learning outcomes listed under 2.2. can be achie-ved. Timing of the topics will be arranged by the calendar or other circumstances in each semester.