Professor Dr. Dirk Morschett Chair for International Management – Liebherr / Richemont Endowed Chair Fundamentals of International Management - Syllabus - University of Fribourg Faculty of Economics and Social Sciences Department of Business Administration Chair for International Management – Liebherr / Richemont Endowed Chair Bd. de Pérolles 90, Office D-310 CH-1700 Freiburg Tel.: +41 / 26 - 300 84 17 e-mail: dirk.morschett@unifr.ch Chair for International Management – Liebherr / Richemont Endowed Chair Content 1. Introduction 2. Basic Types of, Empirical Relevance of and Theoretical Explanations for Internationalisation 2.1. Basic Types of Internationalisation 2.2. Theories of International Trade 2.3. Theories of Foreign Direct Investment 2.4. Motives for International Operations 3. Influences of the External Environment 3.1. Economic and Political Environment 3.1.1. 3.1.2. 3.1.3. 3.1.4. 3.1.5. 3.1.6. Competitive Advantage of Nations Economic Heterogeneity Steps in Regional integration GATT/WTO A View on Selected World Regions and Countries Liberalisation / Deregulation of Industries 3.2. Cultural Aspects of International Management 4. Basic Dimensions of International Management 4.1. Configuration 4.2. Coordination 4.2.1. 4.2.2. 4.2.3. 4.2.4. 4.2.5. 4.2.6. The Need for Coordination The Integration / Responsiveness – Framework International Organisational Structures Technocratic Coordination Mechanisms Corporate Culture as Coordination Mechanism Choosing the Adequate Coordination Mechanisms 2 Chair for International Management – Liebherr / Richemont Endowed Chair 4.3. Governance Modes: Markets, Hierarchies, and Cooperation 4.3.1. 4.3.2. 4.3.3. 4.3.4. 4.3.5. 4.3.6. Overview Markets Hierarchies and International M&A Cooperation as Hybrid Governance Mode Attributes of Different Governance Modes Sequential Models of Governance Mode Choice 5. Selected Management Functions in International Companies 5.1. International Controlling 5.2. International Human Resource Management 6. International Management of Selected Value Chain Activities 6.1. The Value Chain 6.2. International Production and Sourcing 6.3. Internationalisation of Services 7. Ethics and Social Responsibility in International Management 3 Chair for International Management – Liebherr / Richemont Endowed Chair Bibliography Griffin, Ricky; Pustay, Michael (2007): International Business – A Managerial Perspective, 5th ed., Prentice Hall: Upper Saddle River/NJ, ISBN: 0-13-199534-0 In addition, a number of articles will be provided during the lecture. Further Reading Bartlett, Christopher; Ghoshal, Sumantra; Beamish, Paul (2008): Transnational Management – Text, Cases, And Readings in Cross-Border Management, 5th ed., McGraw-Hill: New York, ISBN 978-007-125915-6. Hill, Charles (2008): Global Business Today, Fifth Edition, International Student Edition, McGraw-Hill: Boston/MS, ISBN: 978-0-07-110097-7 Nohria, Nitin; Ghoshal, Sumantra (1997): The Differentiated Network: Organizing Multinational Corporations for Value Creation, Jossey-Bass, ISBN 978-078790331-2. Rugman, Alan; Collinson, Simon (2006): International Business, 4th ed., Prentice Hall - Financial Times: Harlow, England, ISBN 978-0-273-70174-3 In addition, a number of articles will be provided during the lecture. The books and articles in the section “Further Reading” are not mandatory but can be used by the students to improve their understanding of specific fields. 4