Economics of innovation Individual report – Task 3

Economics of innovation

Scope:

Assessment Weight: 50%

Length: 2,000 words (+ or – 10%) excluding references, bibliography and appendices. Each table or graph is equivalent to 50 words. Each table and graph must be commented in the text.

Submission Date: Week 12 (Tuesday 24 May, 23H45-Melbourne time) Submission Method: Online on Turnitin.

Purpose

The purpose of the individual report is to give you an opportunity to carry out an in-depth study of Uber using the concepts, theories and empirical tools studied in class. Your analysis must focus on Uber in Australia. The assessment criteria will encompass problem identification, application of economic concepts, issues related to economic strategy and /or policy formulation and implementation, critical analysis, and conclusion. Your analysis will be based on the material studied in class and on your own research.

Your report must be structured around 3 parts:

  1. The dynamic of competition and Uber in Australia

What is the dynamic of competition/concentration associated with the platform model of Uber also referred as a double-sided market? How is Uber an agent of creative destruction and disruptive innovation in the taxi industry?

è Based on your own research and refer to the material of weeks 5, 7, 8, 9

  • Uber and the Australian regulator

What are the relationship between innovation and regulation for Uber?

è Based on your own research and refer to the material of weeks 1 to 11

  • Uber and the future of work

How is Uber changing work, the quality of jobs and the labour market?

è Based on your own research and refer to the material of weeks 5 and 10

Typical Structure

The following is a general example to structure your report:

  • Cover Page must include:
    • Your name and student ID.
    • A Summary/Abstract (200 words, +/- 10%) structured around 3 points (1. Competition, 2. Regulation, 3. Future of work). This structured summary should briefly describe the scope of your report, the question being asked, and conclusions gained.
    • Word count
  • Introduction: Shortly present the company and the trends for Uber. Introduce the aim(s) & objectives of the report, and clearly frame the economic questions related that will be analysed. You must formulate the economic questions related to the dynamic of competition, the regulation and the future of work with your own words.
  • Body of the report: each part should be numbered with parts headings and subheadings. As indicated before, the report most include 3 parts:
    • 1. The dynamic of competition and Uber

What is the dynamic of competition/concentration associated with the platform model of Uber in Australia also referred as a double-sided market?

How is Uber an agent of creative destruction and disruptive innovation in the taxi industry in Australia?

  • 2. Uber and the Australian regulator

What are the relationship between innovation and regulation for Uber?

  • 3. Uber and the future of work

How is Uber changing work, the quality of jobs and the labour market in Australia?

  • Conclusions: Summarise innovations brought by Uber to the Australian economy and new challenges raised for policy makers. Discuss advantages and risks associated with the Uber model.
  • List of References: Using Harvard convention and alphabetically ordered.
  • Appendices: only include items which will be discussed extensively in the body of your report

Format

  • Single sided word processed.
  • Adequate left margin for binding
  • Font should by Times New Roman or Arial (point 12)
  • Line spacing should be 1.5 or double.
  • Written in the 3rd person (avoid “I”, “you” etc)
  • Written in an academic style (avoid journalistic/sales type of speech/slogans/slang etc)
  • Divide your article into clearly defined and numbered sections. Subsections should be numbered 1.1 (then 1.1.1, 1.1.2, …), 1.2, etc. (the abstract is not included in section numbering).
  • Written with enough clarity that someone OTHER than your Project Supervisor will be able to follow the work you have done Spell checked & grammar checked.
  • All tables and graphs should have a title and be numbered. You must provide your source under each table/graph. Each table or graph is equivalent to 50 words and must be clearly analysed in your report.
  • Pages should be numbered.
  • List of References: References should follow the Harvard convention and alphabetically ordered. Author(s) name(s), journal title/book title, chapter title/article title, year of publication, volume number/book chapter and the article number or pagination must be present. Use of DOI is highly encouraged.

Rubric: In preparing your report, you should be guided by the Rubric below:

CRITERIAA: Excellent (> 80%)B: Very good (70 – 79%)C: Good (60 – 69%)D: Acceptable (50 – 59%)N: Unacceptable (<50%)
Purpose and objective are clearly stated: Identification of the economic question analysed in the report and the way to address it.Economic questions are comprehensively identified; purpose and objective of the report are fully addressedEconomic questions are effectively identified; purpose and objective of the report are addressedEconomic questions are competently identified; purpose and objective of the report are addressed to some extentEconomic questions are satisfactorily identified; purpose and objective of the report are attempted but not metEconomic questions are unclear purpose and objective are not attempted or met
(10% of mark)(8-10 marks)(7-7.9 marks)(6-6.9 marks)(5-5.9 marks)(< 5 marks)
Critical understanding of relevant theory (30%) Use concepts, theory and models to support the analysis and critically evaluate them.Full elaboration of concepts, theory or models. Well synthesised and critically evaluated.Good understanding and discussion of concepts, theory or models. Well synthesised. Some evidence of critical evaluation.Identification of concepts, theory or models. Attempt to synthesize material and to provide a critical evaluation but may be somewhat superficial.Some identification of concepts, theory or models, but quality or relevance could be improved. Limited attempt to synthesize material. Lack of critical evaluation.Superficial understanding of theory, concepts or models. No attempt at synthesis or critical evaluation.
(30% of mark)(24-30 marks)(21-23.9 marks)(18- 20.9 marks)(15-17.9 marks)(<15 marks)
Application of economic concepts: Link theory to application to generate conclusion, supported by the analysis of field work, the use of quantitative or qualitative dataRigorous and creative analysis of topic/ field work. Ability to link theory and empirical data and generate pertinent and insightful conclusionsVery good analysis of topic/fieldwork/data. Good linkages between theory and empirical data. Sound conclusions showing some reflection on topic.Satisfactory attempt to analyse topic/ field work/data. Reasonable linkages between theory and empirical data. Generation of conclusions.Little attempt to analyse topic. Few links between the theory and empirical data. Limited conclusions.No attempt to analyse topic. No links between theory and empirical data. No attempt at a conclusion.
(30% of mark)(24-30 marks)(21-23.9 marks)(18- 20.9 marks)(15-17.9 marks)(<15 marks)
Research and referencing:Comprehensively reference the academicEffectively reference the academic literature and drawAdequately reference the academic literature andDraw on a number of academic referenceDoes not adequately refer to the academic
Use relevant and credible academic literature, including at least 10 academic references.     (15% of mark)literature and draw from a range of excellent quality sources. Sources are fully acknowledged and properly referenced throughout. (16-20 marks)from a range of very good quality sources. Sources are fully acknowledged but may have small inconsistencies or small errors in format.   (14-15.9 marks)draw from range of good quality sources. Sources are fully acknowledged but may have some errors or inconsistencies in format. (12-13.9 marks)that are of acceptable quality. Sources mostly acknowledged but errors or inconsistencies in format. (10-11.9 marks)literature or apply consistent referencing. Use sources that are unacceptable (e.g., Wikipedia or similar). (< 10 marks)
Presentation: Presents a professional, well- structured and written academic assessment.Sequence and structure are logical and easy to follow; excellent overall organisation and focus; excellent connections between paragraphs and sections; clear and concise focus throughout. Language is sound and clear throughout. Spelling, grammar, punctuation is excellent throughout. Powerful, confident, and precise use of language; mastery of style and tone.Sequence and structure are logical and easy to follow; very good overall organisation and focus; very good connections between paragraphs and sections; clear and concise focus throughout. Language is generally sound and clear throughout. Spelling, grammar, punctuation is very good with very few and minor errors.Sequence and structure are logical and easy to follow; good overall organisation and focus; good connections between paragraphs and sections; mostly clear and concise focus throughout. Language is generally sound and clear throughout. Spelling, grammar, punctuation is good with few and mostly minor errors.Structured well enough to make sense; could be better organised and more tightly focused upon the main thesis. Language is clear enough to be understood; may have minor instances of unclear expression. Spelling, punctuation, grammar acceptable but could be improved.Lacks coherent organisation and structure. Difficult to follow reasoning. Describes disconnected bits of information or many direct quotes with limited insight or context. Mostly unclear or confused expression. Major errors with spelling, grammar, punctuation.
(15% of mark)(12 – 15 marks)(10.5 – 11.9 marks)(9 – 10.4 marks)(7.5 – 8.9 marks)(<7.5 marks)
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