Seminar: International Stratety and Organization: SS 2009

Josef Windsperger , Ao.Univ.-Professor
Betriebswirtschaftszentrum
Universität Wien
Brünner Str.72
1210 Wien
Tel. 4277-38180
Sprechstunde: Mi 11.00 – 12.30
E-mail: josef.windsperger@univie.ac.at


Seminar: International Stratety and Organization: SS 2009
Visiting Professor Besim Culahovic
Professor at the School of Economics and Business, University of Sarajevo

This course is concerned with topics regarding international business and globalisation.

TOPICS: International Business and Globalisation
 Nature of human capital and knowledge based global economy
 Management of Innovation in a global economy
 Globalization and localization
 Social capital of multinational firms
 Clusters and cluster initiatives in international business
 Culture and economic growth
 Islam and Development
 Institutions and states in the international business environment
 Sustainable development, production and consumption
 Globalisation, environment and trade
 Major issue of sustainable development: Energy
 Economics of global climate change

REQUIREMENTS OF THE SEMINAR
The requirements are twofold:
(a) Research paper: Each student has to write and present a research paper (see Guidelines). Please submit two hard copies of the research paper to the secretary of the Chair for Organization and Planning (Room 3/153) by May 20, 2009. In addition, please send a copy to Prof. Culahovic (besim.cu@bih.net.ba).
(b) Presentation: Presentation time (max. 40 minutes).
(c) Evaluation:
The final grade will be based on the presentation (25 %) and the final paper (60 %), active participation (15 %).

GUIDELINES
Research Papers
(15 pages for one person; 25 pages for two persons)
Here are some rules for the structure of the paper:
The heart of your paper should be
(1) to summarize and criticize the literature and
(2) to discuss the practical consequences of the research results for international management.
In preparing the paper, you should read somewhat beyond the list of the required articles indicated in the course outline.


REFERENCES

You should use the references as starting point for your seminar paper. However, students are expected to go beyond the contents of the articles and find additional relevant literature to each topic by using electronic data bases: http://data.univie.ac.at/dbs/ (ABI/INFORM, JSTOR, NBER working papers, Sciencedirect), internet, and the library.


Topic 1: Nature of human capital and knowledge based global economy

OECD. 2001. The Wellbeing of Nations: the Role of Human and Social Capital, Paris: OECD.

Barro, Robert. J., and Jong-Wha Lee. 2000. International Data on Educational Attainment: Updates and Implications. CID Working Paper, No. 42. Cambridge, Massachusetts: Harvard University.

Davenport, Thomas H., Laurence, Prusak. 1990. Working knowledge: how organizations manage what they know. Boston,Mass.: Harvard Business
school press.


Lundvall, B. and Johnson, B. 1994. The Learning Economy, Journal of Industry Studies, Vol. 1, No. 2.

Organisation for Economic Co-operation and Development. 2000a. Knowledge Management in the Learning Society. Paris: OECD.

2001. Schooling for Tomorrow: What Schools for the Future? Paris: OECD.

Polanyi, Michael. 1962. Personal Knowledge: Towards a Post-Critical Philosophy. New York: Harper Torchbooks.

World Bank. 1999. World Development Report 1998/99: Knowledge for Development, New York: Oxford University Press.

Andrea Montanino, Bartosz Przywara and David Young, Investment in education: the implications for economic growth and public finances, Directorate-General for Economic and Financial Affairs, November 2004, http://europa.eu.int/comm/economy_finance

Drucker, Peter F. 1994. The Age of Social Transformation, The Atlantic Monthly, November 1994, pp. 53-80

Machlup, Fritz. 1980. Knowledge: Its Creation, Distribution and Economic Significance, Volume 1: Knowledge and Knowledge Production, Princeton: Princeton University Press

Organisation for Economic Cooperation and Development. 1996. The knowledge-based economy. Paris: OECD

Inter-American Development Bank. 2005. The knowledge economy in development: perspectives for effective partnerships, Robert A.Vitro, editor, Inter-American Development Bank, Washington.

World Bank. 2007. Building knowledge economies: advanced strategies for development. WBI Development Studies, World bank


Topic 2: Management of Innovation

Kodama, Fumio. 1995. Emerging Patterns of Innovation: Sources of Japan’s Technological Edge. Harvard: Harvard Business School Press

Basant, R and Chandra, P. 1999. “Building Technological Capabilities in a Liberalising
Developing Economy: Firm Strategies and Public Policy”. United Nations University International Workshop: The Political Economy of Technology in Developing Countries, Brighton, October

Brooks, H.E. and Guile, B.R. 1987. „Overview“, in B.R. Guile and H.E. Brooks (eds) Technology and Global Industry: Companies and Nations in the World Economy, Washington (DC): National Academy Press.

Cimoli, Mario and Marina della Giusta. 1998. The Nature of Technological Change and Its Main Implications on National and Local Systems of Innovation, Laxenberg: International Institute for Applied Systems Analysis.

Freeman, Christopher and Perez, Carlota. 1988. “Structural Cycles of Adjustment, Business Cycles and Investment Behavior”, in Giovanni Dosi, Christopher Freeman, et. all (eds). Technical Change and Economic Theory, London: Frances Pinter.

Nelson, Richard. 1988. “National systems of innovation”, in Giovanni Dosi and others (eds.) Technical Change and Economic Theory, London: Pinter Publishers.

Nonaka, I., S. Keigo and M. Ahmed. 2003. Continuous Innovation: The power of tacit knowledge, in Shavinina, L. (ed.), International Handbook of Innovation. New York: Elsevier.

Tidd, Joe, John Bessant and Keith Pavitt. 2005. Managing Innovation: Chichester: John Wiley & Sons, Ltd.

OECD. 2004. “Public-Private Partnerships for Innovation”, STI/STP/TIP Working Paper 3.


Topic 3: Globalization and localization

Chesnais, François. 1993. “Globalization, world oligopoly and some of their implications”, The Impact of Globalization on Europe’s Firms and Industries, Marc Humbert (ed.), London: Pinter.

Brusco, S. 1990. “The idea of the industrial district: Its genesis”, in Pyke, F., Sengenberger, W. and Becattini, G. (eds.), Industrial districts and inter-firm cooperation in Italy, Geneva: International Labour Office.

Cairncross, F. 1997. The Death of Distance, London: Orion Business Books.

Dunning, J.H. 2000. Regions, Globalization, and the Knowledge-Based Economy, Oxford: Oxford University Press.

Gereffi, Gary. 1994. The Organization of Buyer-driven Global Commodity Chains. In G. Gereffi and M. Korzeniewitz (eds), Commodity Chains and Global Capitalism, Praeger, Westport, CT, Chapter 5.

Hirsch, S. 1967. Location of Industry and International Competitiveness. Oxford: Clarendon Press.

Kang, N-H. and Sakai, K. 2000. “International strategic alliances: their role in industrial globalization”, Paris: OECD.

Martin, R. and Sunley, P. 2001. “Deconstructing Clusters: Chaotic Concept or Policy Panacea?”, the Regional Studies Association Conference on Regionalising the Knowledge Economy, London, 21 November.

Porter, Michael. 1998. Location, Clusters and the ‘New’ Microeconomics of Competition, Business Economics, 33, 1.

Scott, A.J. 1998. Regions and the World Economy, Oxford: Oxford University Press.

Stopford, J.M. and Strange, S. 1991. Rival States, Rival Firms: Competition for World Market Shares. Cambridge: Cambridge University Press.

Walker, R. 1988. The Geographical Organization of Production Systems, Environment and Planning , Vol. 6.


Topic 4: Social capital

Nahapiet, J. and Goshal, S. 1998. “Social Capital, Intellectual Capital and the Organizational Advantage”, Academy of Management Review 23(2), 242-266.

Coleman, James. 1988. “Social Capital in the Creation of Human Capital,” American Journal of Sociology 94, 95-120. Tylor, Edward. 1871.

Humprey, J. and Schmitz, H. 1998, Trust and Inter-firm Relations in Developing and Transition Economies, The Journal of Development Studies, 34 (4), pp. 32-45

Knack, Stephen, and Philip Keefer. 1997. "Does Social Capital Have an Economic Payoff? A Cross-Country Investigation." Quarterly Journal of Economics 112 (November): 1251-1288.

Putnam, Robert. 2000. Bowling Alone, New York: Simon and Schuster.

Putnam, R. with R. Leonardi and R. Nanetti, (1993), Making Democracy Work: Civic Traditions in Modern Italy, Princeton: Princeton University Press.
Temple, Jonathan, and Paul A. Johnson. 1998. "Social Capability and Economic Growth." Quarterly Journal of Economics 113 (August): 965-990

Alesina, Alberto, Arnaud Devleeschauwer, William Easterly, Sergio Kurlat, and Romain Wacziarg. 2003. "Fractionalization." Journal of Economic Growth 8 (June): 155-194.

Christina Boari, Manuela Presutti. 2004. Social Capital and Entrepreneurship inside an Italian Cluster - Empirical Investigation, Uppsala University & University of Bologna, Ocasional paper 2004/2

Steven N. Durlauf, Marcel Fafchamps, 2004. Social capital, NBER Working Paper 10485, http://www.nber.org/papers/w10485

Stephen Knowles. 2006. Is Social Capital Part of the Institutions Continuum and is it a Deep Determinant of Development? Research Paper No. 2006/25, UNU-WIDER anniversary conference, ‘WIDER Thinking Ahead: The Future of Development Economics’.

Ian W. Jones , Chris M. Nyland, Michael G. Pollitt. 2001. How do multinationals build social capital? evidence from South Africa. ESRC Centre for Business Research, University of Cambridge Working Paper No. 220

Bjørnskov, Christian. 2007. Economic Growth: A Social Capital Survey, Handbook of social capital, Gert Svendsen, Gunnar Svendsen, eds., Cheltenham: Edward Elgar, http://ssrn.com/abstract=1151205


Topic 5: Clusters and cluster initiatives

Sölvell, Ö., Ketels, C. and Lindqvist, G. 2003. The Cluster Initiative Greenbook, Stockholm: Ivory Tower AB.

Andersson, Thomas, Sylvia Schwaag-Serger, Jens Sörvik and Emily Wise Hansson. 2004. The Cluster Policies Whitebook, Malmö: IKED - International Organisation for Knowledge Economy and Enterprise Development

Nadvi, K. 1995. Industrial Clusters and Networks: Case Studies of SME Growth and Innovation, UNIDO Discussion Paper, Vienna. http://www.unido.org/doc/Publications.htmls

Nauwelaers, C. 2003. “Innovative Hot Spots in Europe: Policies to Promote Trans-Border Clusters of Creative Activity”, Background Paper on Cluster Policies, European Commission, European Trend Chart on Innovation, Luxembourg. http://trendchart.cordis.lu/Reports/Documents/TCW14_policy_background_paper.pd

Gereffi, Gary, John Humphrey and Timothy Sturgeon. 2005. „The governance of global value chains“, Review of International Political Economy 12:1 February 2005: 78–104

Christian Ketels, Göran Lindqvist, Örjan Sölvell. 2006. Cluster Initiatives in Developing and Transition Economies. Center for Strategy and Competitiveness, Stockholm. www.cluster-research.org, www.sse.edu/csc

Rosenfeldt, S. A. 2002. Creating Smart systems – A guide to cluster strategies in less favoured regions – European Union-Regional Innovation Strategies, Regional Technology Strategies, Carborro. http://europa.eu.int/comm/regional_policy/innovation/pdf/guide_rosenfeld_final.pdf


Topic 6: Culture and economic growth

Guido Tabellini. 2005. Culture and institutions: economic development in the regions of Europe. cesifo working paper no. 1492

Casson, Mark. 2006. “Culture and Economic Performance” in Ginsburgh, Victor and Throsby, David (eds): Handbook of the economics of art and culture, 1, Amsterdam: Elsevier.

Hofstede, Geert. 1983. "National Cultures in Four Dimensions," International Studies of Management and Organization 13, no. I, pp. 46-74

Hofstede, Geert. 1984. Culture’s Consequences: International Differences in Work-Related Values. Beverly Hills: Sage.

Hofstede, Geert. 2001. Culture's Consequences: Comparing Values, Behaviors, Institutions and Organizations Across Nations, 2nd Edition, Thousand Oaks CA: Sage Publications, 2001,

Hofstede, Geert. 2005. Cultures and Organizations: Software of the Mind, 2nd Edition, New York: McGraw-Hill.

Ronald Inglehart, Modernization and Postmodernization, 1997. www.worldvaluessurvey.org.

Inglehart. R. 2000. "Globalization and Postmodern Values," The Washington Quarterly, Winter 2000, pp. 215-28.

Trompenaars, Fons. 1994. Ruling the Waves of Culture. New York: Irwin.

Trompenaars, Fons and Charles Hampden-Turner. 1997. Riding the Waves of Culture: Understanding Cultural Diversity in Business. London: Nicholas Brealey Publishing.


Topic 7. Islam and Development

Islam and West, Survey, Economist, London, Sep 11th 2003

Arno Tausch, Is Islam really a development blockade? 2005,http://ideas.repec.org/p/wpa/wuwpge/0509003.html

Marcus Noland, Religion, culture, and economic performance, Institute for International Economics, 2003, http://www.petersoninstitute.org/publications/wp/03-8.pdf

Barro, Robert J., and Rachel M. McCleary. 2003. “Religion and Economic Growth,” NBER Working Paper 9682. Cambridge: National Bureau of Economic Research.

Hofstede, Geert. 2001. Culture’s Consequences: Comparing Values, Behaviors, Institutions, and Organizations Across Nations (second edition). Thousand Oaks, CA: Sage Publications.

Kuran, Timur. 2002. “The Islamic Commercial Crisis: Institutional Roots of Economic
Underdevelopment in the Middle East,” Los Angeles: USC Center for Law, Economics, and Organization Research Paper No. C01-12.

T. Kuran, Explaining the Economic Trajectories of Civilizations: The Systemic Approach, Journal of Economic Behavior and Organization, in press.

T. Kuran, Islamic economic institutions, in The New Palgrave Dictionary of Economics, 2nd edition,, edited by Steven Durlauf and Lawrence Blume, vol. 4, (2008), pp. 299-302, Macmillian .

Jean-Philippe Platteau, Religion, politics, and development: lessons from the lands of islam, May 2007, European Development Research Network Working papers EUDN/WP 2007 - 08 http://www.eudnet.net/workingpapers.html

Lewis, Bernard. 1993. Islam in History (second edition). Chicago: Open Court.

Guiso, Luigi, Paola Sapienza, and Luigi Zingales. 2002. “People’s Opium? Religion and Economic Activities,” NBER Working Paper 9237. Cambridge, MA: National Bureau of Economic Research.


Topic 8. Institutions and states

Janine Aron, Growth and Institutions: A Review of the Evidence, 2000, World Bank Research Observer, Volume 15, Number 1, Pp. 99-135

International Monetary Fund. World Economic Outlook 2003, Ch. 3: Growth and Institutions, April 2003, http://www.imf.org/External/Pubs/FT/weo/2003/01/pdf/chapter3.pdf

North, Douglass. 1990. Institutions, Institutional Change, and Economic Performance. New York: Cambridge University Press.

Borner, Silvio, Frank Bodmer and Markus Kobler. 2004. Institutional Efficiency and its Determinants. Paris: OECD

Dunning, John. 1992. The competitive advantages of countries and the activities of transnational corporations, Transnational Corporations, 1: 135-168.

Hirst, P. and Thompson, G. 1999. Globalization in Question: The International Economy and the Possibilities of Governance, 2nd edn. Cambridge: Polity Press.

Kaufmann, Daniel, Aart Kraay and Massimo Mastruzzi. 2007. “Governance Matters VI: Aggregate and Individual Governance Indicators for 1996-2006. World Bank Policy Research Working Paper No. 4012. Washington, D.C.

Rodrik, Dani and Subramanian, Arvind. 2003. The Primacy of Institutions (and what this does and does not mean), Finance & Development, June 2003

Weingast, B.R. 1993. “Constitutions as Governance Structures: The Political Foundation of Secure Markets”, Journal of Institutional and Theoretical Economics, 149, 286–311.




Topic 9: Sustainable development, production and consumption

Pezzey, John. 1992. Sustainable Development Concepts: An Economic Analysis.Washington D.C. World Bank

Lorie A. Wagner. 2002. First Materials in the Economy: Material Flows, Scarcity, and the Environment U.S. Department of the Interior U.S. Geological Survey U.S. Geological Survey Circular 1221

Jefrey D. Sachs, Andrew M. Warner, Natural Resources and Economic Development, European Economic Review 45 (2001) 827-838

Anthony A. Leiserowitz, Robert W. Kates, and Thomas M. Parris, Sustainability Values, Attitudes, and Behaviors: A Review of Multi-national and Global Trends, CID Working Paper No. 113, December 2004, Science, Environment and Development Group, CID

Jonathan M. Harris, Basic Principles of Sustainable Development, Global Development and Environment Institute Working Paper 00-04, June 2000, Tufts University, Medford MA

OECD (2008), “Promoting Sustainable Consumption: Good Practices in OECD Countries”, www.oecd.org/dataoecd/1/59/40317373.pdf.

OECD (2008), Corporate responsibility, Directorate for Financial and Enterprise Affairs website, www.oecd.org/daf/investment/cr.

World Resources Institute (2005),Millennium Ecosystem Assessment: Ecosystems and Human Well-being, Island Press, Washington, DC.

Racey Strange, Anne Bayley: Linking economy, society, environment, Ch. 5: Production and Consumption, OECD, 2008

O.C. Ferrell, Geoffrey A. Hirt, and Linda Ferrell, 2006, Business: A Changing World, 5/e, Ch. 2: Business Ethics and Social Responsibility, McGraw-Hill Higher Education

Foreign Investment and Sustainable Development: Lessons from the Americas. Edited by Kevin P. Gallagher, Roberto Porzecanski, Andrés López, and Lyuba Zarsky, Heinrich Böll Foundation North America, May 2008, Washington, DC, www.hbfus.org

William C. Clark, Paul J. Crutzen, and Hans J. Schellnhuber: Science for Global Sustainability: Toward a New Paradigm, CID Working Paper No. 120, March 2005

Lyon, T.P. and J.W. Maxwell. Corporate Social Responsibility and the Environment: Theoretical Perspective. Review of Environmental Economics and Policy 2008 2(2):240-260.

Costanza, Robert, ed. 1991. Ecological Economics: The Science and Management of Sustainability.New York: Columbia University Press, 1991.


Topic 10: Globalisation, Environment and Trade

Theodore Panayotou, Globalization and Environment CID Working Paper No. 53
July 2000

Jeffrey A. Frankel,The Environment and Globalization, NBER Working Paper Series, Working Paper 10090, http://www.nber.org/papers/w10090

Jean-Marie Grether, Jaime de Melo, Globalization and Dirty Industries: Do Pollution Havens Matter? NBER Working Paper Series, June 2003, Working Paper 9776
http://www.nber.org/papers/w9776

Jonathan M. Harris, Trade and the Environment, A GDAE Teaching Module
on Social and Environmental Issues in Economics, 2004, Global Development And Environment Institute, Tufts University.

Brian R. Copeland, M. Scott Taylor. Trade, Growth and the Environment, NBER Working Paper Series, Working Paper 9823, http://www.nber.org/papers/w9823, July 2003

Håkan Nordström and Scott Vaughan, Trade and Environment, The WTO Special Studies, WTO Publications, Geneva, 1999

Environment and Trade: A Handbook. The United Nations Environment Programme, Division of Technology, Industry and Economics, Economics and Trade Unit and the International Institute for Sustainable Development, 2000.
Copeland, B. and S. Taylor (2001), “International Trade and the
Environment: A Framework for Analysis”, NBER # 8540


Topic 11: Major issue of sustainable development: Energy

IEA (International Energy Agency), Toward a Sustainable Energy Future, Paris, OECD/IEA, 2001

World Bank and IMF, Clean Energy and Development: Towards an Investment Framework, Development Committee, World Bank, Washington, 2006

MIT (Massachusetts Institute of Technology), The Future of Coal: Options for a
Carbon-constrained world, 2007.

David M Newbery, Sectoral dimensions of sustainable development: Energy and transport, Department of Applied Economics, Cambridge, UK, 29 January 2003, Conference paper\UNECE

U.S. Department of State, Clean energy solutions, Economic Perspectives, july 2006, Volume 11, number 2, http://usinfo.state.gov/pub/ejournalusa.html

International Energy Agency. 2008. World Energy Outlook 2008. Paris: IEA

United Nations Development Program and World Energy Council. 2000. Energy and the Challenge of Sustainability, New York: UNDP



Topic 12: Economics of Global Climate Change

Nordhaus, William D., and Joseph Boyer. 2000. Warming the World: Economic Models of Global Warming. Cambridge, Mass.: MIT Press, 2000.

Stiglitz, Joseph E., Joseph E. Aldy, and Peter R. Orszag. 2001. Climate Change: An Agenda for Global Collective Action. Conference on “The Timing of Climate Change Policies” Pew Center on Global Climate Change.

Cline, William R. 2004. "Climate Change. " Chapter 1 in Bjorn Lomborg, ed., Global Crises, Global Solutions. Cambridge, U.K.: Cambridge University Press, 2004.

Jonathan M. Harris and Anne-Marie Codur, The Economics of Global Climate Change, A GDAE Teaching Module on Social and Environmental Issues in Economics, Global Development And Environment Institute, Tufts University
Medford, http://ase.tufts.edu/gdae, 2004

Robert W. Hahn, The Economics and Politics of Climate Change
The American Enterprise Institute, Washington, D.C, 1998

A Guide to the Climate Change Convention and Its Kyoto Protocol, preliminary version, Climate Change Secretariat, Bonn, 2002, United Nations Framework Convention on Climate Change
http://www.unfccc.int

Brian Roach. Policies for Funding a Response to Climate Change, Global development and environment institute working paper no. 08-03, July 2008, Tufts University, Medford, http://ase.tufts.edu/gdae

For all topics:
In addition to the above literature, there is an important BOOK from Besim Culahovic (2008), Ekonomija Svijeta, Sarajevo.