Global Markets, National Politics and the Competitive Advantage of Firms

Calendar

Lec #	Topics	Key Dates
Part I - Introduction
1	Why Bother Studying National Economies in An Era of Globalization? Readings: Lardner, James. “Annals of Business, The Sweater Trade 1 & 2”. The New Yorker. (January 1989).
2	Alternative Approaches to Analyzing National Economies Readings: Porter, Michael. “Determinants of National Competitive Advantage.” In The Competitive Advantage of Nations. NY: The Free Press, 1990, 69-130. Baron, David P. “Integrated Strategy: Market and Non-market Components.” In California Management Review Vol. 37, No. 2 (Winter 1995): 47-65. Case: Gerber Products Company: Investing in the New Poland (HBS Case # 9-793-069-July 18, 1994). Update will be handed out in class.
Part II - Different Types of Market Economies
3	Liberal Market Economies: The United States Readings: Porter, Michael E. “Capital Choices: Changing The Way America Invests in Industry.” In Executive Summary. Council on Competitiveness. 3-19. Case: Sterman, John D., Nelson P. Repenning, and Fred Kofman. “Unanticipated Side Effects of Successful Quality Programs: Exploring a Paradox of Organizational Improvement.” In Management Science Vol. 43, No. 4 (April 1997): 503-521.
4	State-Driven Development: Korea Readings: “Super Model: Asia’s Financial Foibles Make American Way Look Like a Winner.” In Wall Street Journal. (December 8, 1997). Korean Development and Western Economics (HBS case # 9-797-008. Rev December 18, 1996). Case: Daewoo and the Korean Chaebol (HBS Product # HKU143. August 15, 2001).
5	Contracting Under Uncertainty Case: White Nights and Polar Lights: Investing in the Russian Oil Industry (HBS Case # 9-795-022).
6	Development and Entrepreneurship in Emerging Markets I: India Case: Biocon (to be distributed in class)	Conference call with Kiran Mazumdar-Shaw, Chairman and Managing Director of Biocon.
7	Development and Entrepreneurship in Emerging Markets II: The Case of Endeavor Readings: To be distributed in class.	Guest Speaker: Linda Rottemberg, CEO of the Endeavor Initiative.
Part III - Beyond the Nation State? Who is Making the New Rules?
8	The Politics of Trade: Protectionisms, Sanctions, etc. Readings: To be distributed in class. Case: Layton Canada (HBS 9-796-108).
9	Intellectual Property Protection Case: To be distributed in class.
10	International Standards and Responsibility Readings: Locke, Richard. “Note on Corporate Citizenship in a Global Economy.” Case: Locke, Richard. “The Promise and Perils of Globalization: The Case of Nike, Inc.”	Conference call with Hannah Jones, Director of Corporate Responsibility, Nike
11	Putting the Pieces Together? Readings: Fukuyama, Francis. “Social Capital and the Global Economy.” In Foreign Affairs Vol. 74, No. 5 (September/October 1995): 89-103. Huntington, Samuel P. “The West Unique, Not Universal.” In Foreign Affairs Vol. 75, No. 6 (November/December 1996): 28-46. Locke, Richard. “Building Trust”. Black, J. Stewart., and Hal. B. Gregerson. “Serving Two Masters: Managing the Dual Allegiance of Expatriate Employees.” In Sloan Management Review, 33-4 (Summer 1992): 61-71.
12	In Class Final Exam