Course description

Doing Business in China

Introduction

(Max 45 students)

This course focuses on the topic of globalization and the longer-term underlying processes of global economic change in which currents events can be better understood especially the rise of China and its role in the global economy.

One aim of the course is to demonstrate the fundamentally relational nature of globalization processes by focusing explicitly on global production networks (GPN) and global innovation networks (GIN) and to emphasize the power-laden dynamics of the interactions between companies, political and legal systems, culture and society. This will highlight both the institutional and spatial context of globalization with a special focus on China. Another aim will be to focus explicitly on the perceived company considered opportunities and challenges in such a context.

Following this, there will be two main thematic areas covered in the course:
I: Globalisation and contextual factors for doing business in China.
II: Company considered opportunities and challenges

Ad I: Globalisation and contextual factors for doing business in China
1) Geographies of the global economy and the shift towards Asia
2) Global production and innovation networks – evolution and global dynamics. The role of Transnational corporations. Case examples of inward and outward TNCs.
3) Political and legal influences:
a. The relationship between macro economic development, market development and decision making
b. Rule- and relationships-based governance: Conditions for rule of law and network influences in China and East Asia.

Ad II: Company considered opportunities and challenges
1) Chinese philosophy and its influence on the strategy and leadership styles of East Asian businesspeople.
2) Assessing the market – the consumer and the trade zones
3) Human resources and talent

Course content

The course covers two main topics;
I: Globalisation and contextual factors for doing business in China.
II: Company considered opportunities and challenges

Learning outcome knowledge

The objective is two-fold.

  • The students should get better knowledge of how the institutional and spatial context affect business activities in general and in China especially. Further, the student should have acquired knowledge of opportunities and challenges from the perspectives of an executive.
  • The students shall conduct a research investigation and write a scientific paper to see how business activity is carried out and problems are solved in a Norwegian transnational company doing business in China.

Acquired knowledge
On completion of the course, the students shall have:

  • Developed insights into technological, economic, political discourses that concern doing business in or with China
  • Acquired knowledge of how institutional context affect business activity
  • Acquired knowledge of opportunities and challenges from the perspectives of an executive on how to develop cooperative processes, thus explore and learn from experimenting with strategic decisions
  • Acquired knowledge of some perceived risks and opportunities that an executive can encounter

Exam organisation

  • Written assignment: 30%
  • Written assignment: 20%
  • Written assignment: 50%