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🎙️ Podcast: The Microeconomics of Innovation | TU Berlin Special Edition The "Invisible Engine" of the Modern Economy. In this 30-minute deep dive, we synthesize the core pillars of Innovation Management: from the Schumpeterian "Gale of Creative Destruction" to the legal battlefields of Intellectual Property and the collaborative world of Open Innovation. This episode is specifically tailored for students at the Technical University of Berlin, connecting classical economic frameworks with the realities of modern entrepreneurship and sustainable transition. 🎧 In This Episode: The Schumpeterian Legacy: Why innovation isn't just "improvement," but a radical destruction of the old. IP as a Strategic Asset: How to navigate the "Social Contract" of patents and the 79% growth boost they provide to startups. The Shift to Open Innovation: Why the "Golden Age" of secret R&D is over and how the BioNTech-Pfizer model defined a new era. The "Age 45" Myth: Why the most successful founders in the ecosystem aren't who you think they are. Sustainability & Systems: How National and Regional Innovation Systems (NIS/RIS) dictate which green technologies actually scale. 📚 Academic Frameworks Discussed: The Schumpeterian Trilogy: Invention → Innovation → Diffusion. Arrow’s Replacement Effect: Why monopolists "sleep" while competitors innovate. Chesbrough’s Open Innovation: Inbound vs. Outbound knowledge flows. The Nelson-Winter Model: Firm "Routines" as the DNA of the economy. 📍 Local Context: Berlin & Beyond As we discuss Entrepreneurial Ecosystems, we look at why Berlin has become a "biotope" for innovation and how institutional frameworks—from the German bureaucracy to the Code Napoléon—shape the patents of tomorrow. 🏷️ Podcast Keywords #TUBerlin #InnovationManagement #Entrepreneurship #Sustainability #Schumpeter #OpenInnovation #IntellectualProperty #StartupsBerlin #Microeconomics #EconomicTheory #Podcast #InnovationEconomics