University of Sussex Business School

Industrial Dynamics (L1103)

Industrial Dynamics

Module L1103

Module details for 2022/23.

15 credits

FHEQ Level 6

Module Outline

Are there ‘natural laws’ behind how firms behave, compete, and change over time? How do industries evolve? In this module, we uncover the foundations of ‘Industrial Dynamics’ and innovation.

The course will guide students through the basic determinants of industry evolution using stylized facts and empirical evidence. It will cover theory and empirics of market selection, evolution of industries over time, the formation of spinoffs, network industries and digital marketplaces.

At the end of the module, students will be able to understand and model the drivers of industrial change and differences, and their importance to inform policy design and firms’ strategy.

Module learning outcomes

Systematically understand key aspects driving industrial evolution

Determine coherent knowledge at the frontier of the field, in particular fundamental economic mechanisms influencing competition, industrial structure, and innovation

Critically evaluate assumptions and modelling choices in the literature

Develop their own elaboration of current economic dynamics inducing changes at the firm and industry level by combining the module building blocks

Essay (1500 words)Semester 1 Assessment Week 1 Thu 16:0070.00%
Coursework components. Weighted as shown below.
Computer Based ExamT1 Week 7 (1 hour)100.00%

Submission deadlines may vary for different types of assignment/groups of students.


Coursework components (if listed) total 100% of the overall coursework weighting value.

TermMethodDurationWeek pattern
Autumn SemesterLecture2 hours11111111111
Autumn SemesterSeminar2 hours01010010101

How to read the week pattern

The numbers indicate the weeks of the term and how many events take place each week.

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