Syllabus

Title
1949 SME - Course 3: Internationalization & Political Risk Management
Instructors
Mag.Dr. Simon Hartmann
Contact details
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
09/08/21 to 09/14/21
Registration via LPIS
Notes to the course
Dates
Day Date Time Room
Friday 11/12/21 03:00 PM - 07:00 PM TC.3.08
Friday 11/19/21 02:00 PM - 07:30 PM D1.1.074
Friday 12/03/21 02:00 PM - 06:00 PM Online-Einheit
Friday 12/10/21 03:00 PM - 07:00 PM Online-Einheit
Friday 12/17/21 02:00 PM - 07:30 PM Online-Einheit
Contents

- Internationalization strategy and how are Small and Medium Enterprises (SME) different from Multinational Companies (MNC)?

  • Internationalization process
  • Risk measurement
  • Risk exposure -How are international SME different from MNC?

- Risk Exposure: What are the main challenges for SME compared to MNC?

  • Mapping of risks of international SME versus MNC
  • Comparative assessment of political risk to international SME and MNC by investigating risk exposures of smaller investors involved in investor-state dispute settlement (ISDS) 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

  • What are the firms' strategies related to ISDS?
  • Strategic risk mangement
    • Ex-ante: Reducing risk exposure
    • Ex-post enforcement of damages
  • How are SME and MNC different?
  • Limitations of risk management for SME
Learning outcomes

- 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

Attendance requirements

The course is held in "rotation mode". The presence in the teaching room will be in defined time slots where we proceed with the case studies. You will get coaching by the course instructor, participate in discussions with you peers and we are able to work on specific problems of you projects. We will share the outcomes of these sessions for all other students on the learn @ wu platform (slides, written notes, recorded presentations).

All the required readings, context and inputs on 'political risk management' will be provided by the instructor as lecture casts on the learn@wu platform. There will be time slots for Q&As on these materials via group-meeting on MS teams. In addition you will get further reading material and links on learn at @ wu

Teaching/learning method(s)

- Lecture cast
- Group analysis and presentation of cases (in-class, "rotation mode")
- Critical discussion of cases in peer groups (in-class, "rotation mode")
- Case study (main assignment developed online and in-class)

Assessment

Group assignments (65 %):
- Case preparation and presentation (discussion) = 16 %
- Peer Feedback  = 14 %
- Case report = 35 %
Individual assignment (35 %):
- Essay : Arbitration and Strategy = 35 %

== 100 %

Availability of lecturer(s)

Email: Simon.Hartmann@wu.ac.at
 

Last edited: 2021-11-11



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