2014/2015
KAN-CCDEO1005U International Business and Economic
Development
| English Title |
| International Business and Economic
Development |
|
|
| Language |
English |
| Course ECTS |
7.5 ECTS |
| Type |
Mandatory |
| Level |
Full Degree Master |
| Duration |
One Semester |
| Course period |
Autumn |
| Timetable |
Course schedule will be posted at
calendar.cbs.dk |
| Study board |
Study Board for BSc og MSc in Business, Language and Culture,
MSc
|
| Course
coordinator |
- Michael Wendelboe Hansen - Department of Intercultural
Communication and Management (ICM)
|
| Secretary Birgitte
Hertz, bhe.stu@cbs.dk |
| Main academic
disciplines |
- Globalization, International Business, markets and
studies
|
|
Last updated on
17-12-2014
|
| Learning objectives |
At the end of the course, and against
the backdrop of the course literature in its entirety, students
should be able to
- describe and critically discuss theories and approaches that
address the complex interface between MNC business strategy and
host country development strategy, with a particular eye to MNC
investment in emerging markets and developing countries
- relate these theories and approached to each other and identify
similarities and differences
- identify and explain specific patterns of MNC investment and
sourcing strategies in non-OECD countries against the backcloth of
empirical examples and cases
- analyze development impacts of FDI, including the spill over
effects of linkages between MNCs and local firms in developing
countries
- discuss and evaluate FDI’s role in economic development
strategies in developing countries
- discuss and evaluate the role of regulative initiatives, such
as global, regional and host country measures to promote investment
by MNC, as well as the role assigned to MNCs in industrial
development strategies.
|
| Examination |
|
International
Business and Economic Development:
|
| Exam ECTS |
7,5 |
| Examination form |
Oral exam based on written product
In order to participate in the oral exam, the written product
must be handed in before the oral exam; by the set deadline. The
grade is based on an overall assessment of the written product and
the individual oral performance. |
| Individual or group exam |
Individual |
| Size of written product |
Max. 3 pages |
| Assignment type |
Synopsis |
| Duration |
Written product to be submitted on specified date and
time.
20 min. per student, including examiners' discussion of grade,
and informing plus explaining the grade |
| Preparation time |
No preparation |
| Grading scale |
7-step scale |
| Examiner(s) |
Internal examiner and second internal
examiner |
| Exam period |
Winter Term, Please notice that the exam takes
place in January |
| Make-up exam/re-exam |
Same examination form as the ordinary exam
|
Description of the exam
procedure
Individual oral examination on all material covered in the
course - based on a three-page written synopsis which is to be
handed in two weeks before the exam. The subject of the synopsis is
chosen by the student. It is not graded, but it serves as a
starting point for the
examination
|
|
| Course content and
structure |
|
The aim of this course is to provide the student with a
comprehensive theoretical and empirical understanding of the
complex interface between the strategies of multinational
corporations (MNCs) and host country development strategy,
emphasizing MNC investments in emerging markets and developing
countries. One of the most significant economic developments of
recent decades is the economic globalization process as reflected
in the rapid growth in international trade and the surge in foreign
direct investment (FDI). This process is driven by MNCs. A growing
share of MNC trade and investment activities are conducted with
non-OECD countries, that is with emerging markets and developing
countries. Evidently, MNCs are seeking to exploit the vast but also
precarious market and resource potentials of these countries.
Simultaneously, emerging markets and developing countries are
increasingly embarking on economic development strategies aimed at
attracting MNC investment as a means to access technology, capital,
organizational and marketing know-how, etc.
The course includes the following main elements:
- Introduction: Mapping trends in foreign direct investment and
MNC activity; the financial crises and FDI.
- Investment strategies: Investment motives and sourcing
strategies of MNCs in emerging markets and developing
countries;
- Dragon multinationals: The growing importance of MNCs coming
from emerging markets in Asia (e.g. India and China);
- Global value chains: Global value chain configuration and
developing countries; Equity based offshoring versus outsourcing
offshoring;
- Effects and spill overs: Development impacts of FDI; Spill over
effects and linkages between MNCs and local firms in developing
countries; FDI’s role in building and sustaining national
competitiveness.
- Investment policy, regulation and strategy: Home and host
country measures to promote investments by MNCs; the role assigned
to MNCs in industrial development strategies; Global governance and
regulation of MNCs.
Dealing with the above issues, the course will present the major
theoretical and analytical contributions to the study of the
interface between MNC strategies and host country development.
Empirically, the course will draw mainly on examples and cases of
Danish and OECD based MNCs’ investments in developing countries and
emerging markets.
|
| Teaching methods |
| Classes will be a mixture of lectures
with discussions, cases, and student presentations. Students are
expected to make a presentation during the course. Presentations
will have duration of no more than 10 minutes. Course literature
amounts to 800-1000 pages. |
| Expected literature |
|
To be announced on Learn.
|
Last updated on
17-12-2014
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