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Scheda Riassuntiva
Anno Accademico 2019/2020
Scuola Scuola di Ingegneria Industriale e dell'Informazione
Insegnamento 097370 - ECONOMICS AND MANAGEMENT OF MULTINATIONAL ENTERPRISES
Docente Hennart Jean Francois Marie Andre'
Cfu 5.00 Tipo insegnamento Monodisciplinare

Corso di Studi Codice Piano di Studio preventivamente approvato Da (compreso) A (escluso) Insegnamento
Ing Ind - Inf (Mag.)(ord. 270) - BV (479) MANAGEMENT ENGINEERING - INGEGNERIA GESTIONALE*AZZZZ099420 - ECONOMICS AND MANAGEMENT OF MULTINATIONAL ENTERPRISES FOR ENG4SD
097370 - ECONOMICS AND MANAGEMENT OF MULTINATIONAL ENTERPRISES

Obiettivi dell'insegnamento
Globalization has created new growth opportunities for companies by accessing resources and serving markets worldwide. This course focuses on the strategic and organizational challenges involved in managing activities across borders (e.g. different cultures, administrative systems, geographic distances) in an increasingly interconnected world. Students will be provided with frameworks that help them to understand: Why firms do (or don’t do) international business? How do they do it? What are the international strategies firms use as they go overseas? How firms build a global presence by choosing countries, products and modes of entry? How firms organize for international business? 
The course will combine the development of conceptual frameworks primarily through the lectures with the analysis and discussion of key cases in the classes.

The course fits into the overall program curriculum pursuing some of the defined general learning goals. In particular, the course contributes to the development of the following capabilities:

  • Understand context, functions, processes in a business and industrial environment and the impact of those factors on business performance

  • Identify trends, technologies and key methodologies in a specific domain (specialization streams

  • Interact in a professional, responsible, effective and constructive way in a working environment, also motivating group members


Risultati di apprendimento attesi

 

  • Understand context, functions, processes in a business and industrial environment and the impact of those factors on business performance

At the end of this course the students should understand the nature of the global environment and how to compete internationnally. Student understanding of these concepts will be assessed through a final examination.

Identify trends, technologies and key methodologies in a specific domain (specialization streams

At the end of the course the students should understand the main theories in international business. This knowledge will be assessed through a final examination.

  • Interact in a professional, responsible, effective and constructive way in a working environment, also motivating group members

Students will be able to show their ability to interact in a professional, responsible, effective and construtive manner through their participation in a group project. The project will be presented in class and will count for 50% of the final grade.

 


Argomenti trattati

Economics and Management of Multinational Enterprises (5 CFU)

Prof. Jean-Francois Hennart

 

Detailed program description

1. Definitions, data and trends on multinational enterprises and foreign direct investment
 
1.1. Multinational companies: what are they?
1.2. Data and trends
1.3. Historical evolution
 
2. How reliable and meaningful are our existing international trade and investment statistics
 
2.1. Trade statistics
2.2. Investment statistics

3. Distance in international business

3.1. Geographical distance

3.2. Culture and cultural distance

3.3. Institutions and institutional distance

 

4. Why do firms expand abroad? Theories of the Multinational Enterprise
 
4.1. Interest rate theory
4.2. Industrial organization theory
4.3. The product life cycle
4.4. Eclectic theory (OLI)
4.5. Internalization theory
4.6. Transaction cost theory
4.7. Resource-base view
 

5. The rise of new players: Emerging Market multinationals

6. Speed and scope of international expansion
 
6.1. The Uppsala Internationalization Process Model
6.2. Born Globals
6.3. Internationalization of family firms
 
7. International modes of entry and operation
 
7.1. The bundling model of entry and operation
7.2. Licensing and franchising vs. foreign direct investment
7.3. Alliances and joint ventures
7.4. Greenfield entry vs. mergers and acquisitions
 
8. Strategies and organizational structures of multinational enterprises
 
8.1. Global, transnational and multi-domestic strategies
8.2. Functional, product, area, mixed and matrix structures
 
9. Control in multinational enterprises and the balanced scorecard
 
 
Organization of the course and final exam

The course will include traditional lectures, and discussion of real world cases – also through students presentations prepared in class. The final evaluation will be based on group presentations (50%) and a final written exam (50%). Students not participating in group presentations will have to take an extended final written exam.

Suggested material:

  • Slides and case studies available on Beep
  • Articles and book chapters available on Beep

 Contacts

For further information, please send an email to:  jeanfrancois.hennart@polimi.it
 

 

 

 

 

 


Prerequisiti
 

Modalità di valutazione

The course will include traditional lectures, and discussion of real world cases – also through student group projects presented in class. The final grade will be based on (1) group project presentations in class and (2) a written exam on the material presented in the lectures, the cases, and the class presentations. Students who do not take part in the group projects will have to take a more comprehensive final written exam.


Bibliografia

Software utilizzato
Nessun software richiesto

Forme didattiche
Tipo Forma Didattica Ore di attività svolte in aula
(hh:mm)
Ore di studio autonome
(hh:mm)
Lezione
32:30
48:45
Esercitazione
17:30
26:15
Laboratorio Informatico
0:00
0:00
Laboratorio Sperimentale
0:00
0:00
Laboratorio Di Progetto
0:00
0:00
Totale 50:00 75:00

Informazioni in lingua inglese a supporto dell'internazionalizzazione
Insegnamento erogato in lingua Inglese
Disponibilità di materiale didattico/slides in lingua inglese
Disponibilità di libri di testo/bibliografia in lingua inglese
Possibilità di sostenere l'esame in lingua inglese
Disponibilità di supporto didattico in lingua inglese
schedaincarico v. 1.6.8 / 1.6.8
Area Servizi ICT
22/09/2021