ØAADM4200 International Strategy in a Global Economy Course description

This course gives an understanding of globalization and how this affects the internationalization of firms, both large firms and small and mediumsized firms (SMEs). Many firms worldwide, socalled Born Global firms (BGs) becomes international or even global from inception. SMEs and BGs are often seen as more flexible than larger companies, which can give them an advantage in rapidly changing business environments, but at the same time, they experience liabilities due to lack of resources.  Increased knowledge of globalization and internationalization challenges for larger and smaller firms are essential for managerial decision making about international issues. 

None

¿Knowledge

The student has

• ¿insight and deep understanding of internationalization
• understanding of globalization and how this affects internationalization issues of large and small firms
• a particular knowledge about born globals and internationalization of SMEs
• knowledge of relevant international theories, e.g. transaction cost theory, eclectic theory, process theory, network theory and agency theory.
•  

Skills

The student can

• analyse complex issues related to internationalization
• apply theory to real cases and issues

Competence

The student can

• engage in analytical discussions of research articles and internationalization strategies

Course Outline 

• Globalization and global industries 
• International strategy
• International entry modes 
• Internationalization process 
• Born Global Firms
• International New Ventures 
• International market learning 
• Corporate Social Responsibilty 

A combination of lectures, case discussions and student presentations. 

Successful completion of up to four written assignments and one presentation (approx. 15 minutes) to be carried out in groups. In order to take the final exam, the assignments must be approved by the instructor. Students who fail to qualify, will be given another opportunity to submit new or improved assignments. 

Individual written 5-hours exam will be held at the end of the semester. 

Students who fail to appear on the exam day due to illness or have received a grade F in the final exam, will be allowed to register for a retake exam in line wiht regulations regarding studies and examinitations at OsloMet - Oslo Metropolitan University. 

One dictionary (Native language -English/English-native language or English-English).

Letter grading A-F.

In addition to the instructor, an external examiner will grade the exam.