- Internationalization strategy and how are SMEs different?

• Internatioanlization process
• Risk measurement
• Risk exposure - risk assemenet for interantional SMEs

- Risk Exposure: What are the main challenges for SMEs?

• Mapping of risks of international SMEs
• Assessment of political risk to international SMEs by investigating risk exposures of smaller investors involved in international arbitration (IA) claims
  • Assessment of risk exposure using real world case studies
  • Assessing avoidable and unavoidable risks
  • Analysis and critical reflection of the lessons learned from the case studies

- Strategic responses to risk exposure

• Strategic risk mangement
  • Ex-ante: Reducing risk exposure
  • Ex-post enforcement of damages
• Limitations of risk management for SMEs

- Insights in the challenges of SMEs internationalization

- Overview of the specific characteristics of political risk for international SMEs

- In depth understanding of the mechanisms of how exposure translates into damage from real world case studies.

- Discussion and understanding of the strategies and instruments available to SMEs to overcome these challenges

- Critical view on the limitations of risk management for SMEs

- Understanding of the difference risk management for MNEs and SMEs

Compulsory attendance with tolerance of  up to one unit of absence.

- Lecture
- Case study
- Group analysis and presentation of cases
- Critical discussion of cases in peer groups

 

- Case preparation (discussion) = 15 %
- Case anylsis and presentation (20 % +10 %) = 30 %
- Peer Feedback case (1) preparation and (2) analysis (2*10%) = 20 %
- Written case report = 35 %

== 100 %