Modern day businesses are developing and competing in an increasingly dynamic and global context which is shaped by institutional change as well as developments in knowledge, technology and innovation. The aim of the module is to provide students with the theoretical and empirical understanding of the economics and management of globalisation, innovation and their effects on competitiveness. The module will study the nature and dynamics of present-day global business as well as the institutional context in which firms operate. The creation and diffusion of knowledge, innovation and technological change are also central themes in this course. The module includes topics such as global value chains and global innovation networks, clusters and national innovation systems as well as the challenges that the new technologies of digitalisation, automation and artificial intelligence pose to the competitiveness of firms.
Learning Outcomes
By the end of the module students should be able to:
Develop a critical understanding the economic environment of firms’ decision making in terms of modes of production and innovation
Demonstrate an in-depth understanding of the nature and dynamics of innovation as a systemic process taking place within and across firms
Evaluate and critically assess the role of Government in issues related to competitiveness and innovation.
Critically analyse the impact of contemporary processes of globalisation on the creation and diffusion of knowledge in global value chains and on national and regional systems of innovation
Assessment
36155-01 : 1 hour class test : Coursework (30%)
36155-02 : 3 hour exam : Exam (Centrally Timetabled) - Written Unseen (70%)
Assessment Methods & Exceptions
Assessment: 1 hour class test (30%) and 3 hour exam (70%)
Reassessment: N/A