The Economics and Institutions of International Business

Course Code :2106TEWEIO
Study domain:International management and e
Academic year:2018-2019
Semester:1st semester
Contact hours:60
Credits:6
Study load (hours):168
Contract restrictions: No contract restriction
Language of instruction:English
Exam period:exam in the 1st semester
Lecturer(s)Peter Hertenstein

3. Course contents *

This course consists of five major parts, all five linked to the issue of 'globalisation':

  • The first part focuses on the debate and conflicting perspectives on globalisation and serves as an introduction to the course. Aspects such as the structural, conjunctural and social-constructivist viewpoints are discussed, after which the link between globalisation and the following four parts is introduced.
  • The second part explores the effects of globalisation on organisational forms and management practices through the lens of institutional theory. We examine how the institutional traditions and new institutionalism are related to globalisation, and how institutions influence and shape organizations.
  • The third part focuses on how pressures for change resulting from globalisation can result in institutional entrepreneurship, and how organizations influence and shape institutions. Theoretical insights about institutional entrepreneurship are linked with practical case applications.
  • The fourth part introduces the business-system approach and focuses on how globalization relates to national business systems. Through presentations of different national business systems, practical insights are offered.
  • The fifth and final part of this course examines the economic integration into the world economy for developed and emerging economies. It introduces the Global Value Chains as an analytical framework and provides an overview of current debates on economic integration.