The increasing globalization and the emergence of the knowledge-based economy are changing some of the basic conditions for doing business. The challenges and complexities of trans-national management as well as increasing competitive pressures require new analytical insights, new skills among tomorrow’s business leaders, and new business models. Development of new knowledge as well as the ability to efficiently transfer, absorb, share, combine and exploit knowledge is fundamental to success in the global economy. Departing from a knowledge-based perspective on international management emphasis is put on management of dynamic business operations in the knowledge economy, including the management of business networks and alliances, global innovation and business development, and management of technological change and innovation.
The ever importance of knowledge-based assets and the increasing knowledge content in new products and services require companies to be able to manage their knowledge-based assets efficiently in order to be able to further develop their organizational capabilities and maintain competitive advantage. This phenomenon has been referred to by several researchers as “the knowledge society” and more recently “the network society”. From this starting point the course covers a broad range of emerging perspectives and management issues, e.g. management of knowledge resources in MNCs and knowledge intensive firms, management of participation and exchange in business networks, management of professionals and the strengths and weaknesses of self-management and empowerment. |
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