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| Language |
English |
| Course ECTS |
7.5 ECTS |
| Type |
Mandatory (also offered as elective) |
| Level |
Full Degree Master |
| Duration |
One Quarter |
| Start time of the course |
Second Quarter |
| Timetable |
Course schedule will be posted at
calendar.cbs.dk |
| Study board |
Study Board for BSc and MSc in Business, Language and Culture,
MSc
|
| Course
coordinator |
- Michael Wendelboe Hansen - Department of Management, Society
and Communication (MSC)
|
| Main academic
disciplines |
- Globalisation and international business
- International political economy
- Strategy
|
| Teaching
methods |
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Last updated on
18-06-2021
|
| Learning objectives |
At the end of the course, and against the
backdrop of the course literature in its entirety, students should
be able to
- Identify and describe patterns of MNC strategy, government
strategy toward MNCs, and development; impacts of MNC activity in
emerging markets and developing countries;
- Understand and critically assess the quantitative methods that
are employed to analyze MNC strategies and MNC development
impacts;
- Describe and discuss theories and approaches that address the
complex interface between MNC strategy, host country regulation and
development impacts;
- Apply theories and approaches to analyze the interface between
MNC strategies, host country regulation and development impacts.
Compare and discuss the relevance and applicability of the various
theories and approaches.
|
| 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, see also the rules about
examination forms in the programme regulations. |
| Individual or group exam |
Individual oral exam based on written group
product |
| Number of people in the group |
2-4 |
| Size of written product |
Max. 5 pages |
|
The synopsis can also be handed in individually.
One student should hand in max 3 pages (excluding front page, list
of references and possible annexes). |
| 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 |
| Grading scale |
7-point grading scale |
| Examiner(s) |
Internal examiner and external examiner |
| Exam period |
Autumn |
| Make-up exam/re-exam |
Same examination form as the ordinary exam
There are four different scenaria
for the re-exam:
1) if a student is absent from the oral exam due to documented
illness but has been part of handing in the report s/he does not
have to submitt a new project report, but MUST hand in the same
project report AGAIN for the re-exam.
2) if an individual student fails the oral exam she/he does not
have to submitt a new project report, but MUST hand in the same
project report AGAIN for the re-exam.
3) if a whole group fails they must hand in a revised report for
the re-take.
4) If you haven't handed in anything for the ordinary exam. You
will hand in a project report for the re-exam.
|
Description of the exam
procedure
The subject of the synopsis is chosen by the student, but must
take up a topic related to the course literature. The synopsis must
include presentation and/or analysis of quantitative data on FDI
and/or MNCs and serves as a starting point for the
examination.
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|
| Course content, structure and pedagogical
approach |
|
The aim of this course is to provide the student with a
comprehensive theoretical, methodological and empirical
understanding of the complex interface between the strategies of
multinational corporations (MNCs) and host country development
strategy, emphasizing MNC strategies in emerging markets and
developing countries.
In spite of recent set-backs, one of the most significant
economic developments in 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 to la large extent driven by MNCs. A large
share of MNC trade and investment activities is 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 have
adopted economic development strategies aimed using MNC investment
to access technology, capital, organizational and marketing
know-how, markets, etc.
The course includes the following main elements:
- Introduction: Trends in MNC activity and foreign direct
investment including implications of recent globalization
backlash;
- 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;
- Upgrading and spill overs: Development impacts of MNC activity
on host countries; Spillover effects and upgrading from
collaboration between MNCs and local firms in developing countries;
FDI’s role in building and sustaining national
competitiveness;
- Investment policy, regulation and standards: Home and host
country measures to promote and control activities of MNCs; Global
governance and regulation of MNCs.
Dealing with the above issues, the course will present the major
theoretical and analytical contributions within International
Business 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. The course will furnish
students with tools that allow them to conduct and evaluate
quantitative analysis of large data sets on FDI and
MNCs.
|
| Description of the teaching methods |
Classes will be a mixture of lectures with
discussions, cases, exercises and student presentations. Students
are expected to make a presentation during the course and
participate actively in exercises. Students must explain and
critically reflect over data collection and interpretation
methodology.
App. half the lectures will be on-line. Class discussion of cases
will also take place in on-line lectures.
Course literature amounts to approximately 800 pages. |
| Feedback during the teaching period |
In connection with student presentations, faculty
will provide feedback on the content and format of the
presentations.
Group feed back will be provided in relation to statistical
exercises. |
| Student workload |
| Lectures |
30 hours |
| Exam |
4 hours |
| Preparation |
172 hours |
| Total |
206 hours |
|
| Expected literature |
|
Articles and extracts from
- Journal of International Business Studies (JIBS);
- Journal of World Business;
- World Investment Report;
- Strategic Management Journal
Selected publications by e.g.
- John Dunning
- Alan Rugman
- Peter Buckley
- John Caves
- Magnus Blomström
- John Barney
- Johan Forsgren
Complete list will be available on Canvas
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