GRA 3115 International Entrepreneurship
GRA 3115 International Entrepreneurship
Many ventures will go abroad to access international customers, experts or resources or experience competition from international companies. This course focuses on international dimensions of entrepreneurship and innovation in terms of understanding different types of contexts, strategies for succeeding on international arenas, internationalization processes as well as international governance and leadership. The course is an elective and is offered as an intensive course in the third semester. The original plan for the course was to include a study tour to Tsinghua University, Beijing China. The area around Tsinghua University is the second largest high tech investment eco system in the world, and core to China’s efforts to become a high tech nation. Due to the Covid-19 situation, this cannot be done this year. We will, however, give particular attention to the industrial dynamics in the Beijing area including Norwegian companies that are involved.
- Students should know the core theories of INV (international new ventures), and core domains of IB (International Business)
- Students should know core mechanisms of how to build an international organization, including theories on negotiation, project management and network building
- Students should know basic theory of IPR and have gained insights into CSR
- Students should be able to develop a business plan for a new venture that ventures internationally, including attention to strategic, risk, financial and organizational matters
- Students should be able to use digital tools to communicate and develop experiences across geographical and cultural distances
- Students should be able to use their knowledge and skills to unique situations to identify the opportunities offered by venturing abroad, but also understand the challenges that they need to face in doing so
- Students should be able to draw on insights from theory and their own application to reflect on appropriateness of strategies chosen by INVs.
The course content includes:
- INVs: Definition and understanding
- The international context: Culture, Economic, Social systems
- International Strategy
- Internationalization processes
- International Organization, Control and Leadership
- Building international networks and alliances
The course will consist of lectures, cases, group work, supervision and discussions. Classroom lectures will be 24 hours, and web- or other forms of teaching will be 12 hours.
- The first part of the course offers an intensive theoretical overview of the main topics of international entrepreneurship
- The second part of the course include video lectures with BI/Tsinghua University Research Park in Beijing and company visits to Norwegian firms that are in the process of venturing in China.
- The third part of the course concerns writing a paper where theoretical insights, and insights from company visits is used to analyze internationalization of a company
Please note that while attendance is not compulsory in all courses, it is the student’s own responsibility to obtain any information provided in class.
This is a course with continuous assessment (several exam components) and one final exam code. Each exam component is graded by using points on a scale from 0-100. The components will be weighted together according to the information in the course description in order to calculate the final letter grade for the examination code (course). Students who fail to participate in one/some/all exam elements will get a lower grade or may fail the course. You will find detailed information about the point system and the cut off points with reference to the letter grades when the course start.
At re-sit all exam components must, as a main rule, be retaken during next scheduled course.
| Assessments |
|---|
Exam category: Activity Form of assessment: Class participation Weight: 40 Grouping: Individual Duration: 1 Semester(s) Comment: Participation, including presentations Exam code: GRA 31151 Grading scale: Point scale leading to ECTS letter grade Resit: All components must, as a main rule, be retaken during next scheduled course |
Exam category: Submission Form of assessment: Written submission Weight: 60 Grouping: Group/Individual (1 - 4) Duration: 1 Semester(s) Comment: Team based report Exam code: GRA 31151 Grading scale: Point scale leading to ECTS letter grade Resit: All components must, as a main rule, be retaken during next scheduled course |
| Activity | Duration | Comment |
|---|---|---|
Teaching | 36 Hour(s) | Teachig at campus, digitally and in Beijing. |
Prepare for teaching | 25 Hour(s) | |
Student's own work with learning resources | 59 Hour(s) | |
Company visit and/or Study trip | 30 Hour(s) | Trip + preparations for trip. |
Group work / Assignments | 10 Hour(s) | |
Feedback activities and counselling | 2 Hour(s) | |
Examination | 10 Hour(s) |
A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 6 ECTS credits corresponds to a workload of at least 160 hours.