MSc International Business International Entrepreneurship Jan 2021 BMG936 CRN83905 Student Name: _________________________ Module Leader: Hajra Omer (email@example.com) Module Tutors: Dr. Imani Silver Kyaruzi, Rakesh Sondhi, Uzo Anozie, Babangida Yohanna, Hajra Omer Contents Page INTRODUCTION 2 MODULE TUTORS (6 & 7) 2 AVAILABILITY OF MODULE TUTORS (8) 2 RATIONALE 2 AIMS (9) 2 LEARNING OUTCOMES (9) 3 MODULE TEACHING (10) 4 TEACHING PLAN – indicative content (11) 5 RESOURCE LIST (12) 9 ASSESSMENT (13) 9 FEEDBACK (15) 13 INTRODUCTION This module focuses on the growth and development process of the firm from start-up to multinationality. The theories underpinning the module are grounded in entrepreneurship and internationalisation emphasising process and development. Students will be offered the opportunity to develop international entrepreneurship skill-sets that extend across processes and decisions relating to international opportunity recognition, business start-up, and commercialisation, planning for rapid international growth and the rapid internationalisation process, furthering their personal global citizenship journey. MODULE TUTORS (6 & 7) Dr Imani Silver Kyaruzi, Email: Imani.firstname.lastname@example.org Rakesh Sondhi, Email: email@example.com Uzo Anozie, Email: firstname.lastname@example.org Babangida Yohanna, Email: email@example.com Hajra Omer Email: firstname.lastname@example.org AVAILABILITY OF MODULE TUTORS (8) Module tutors are available by appointment via email only. RATIONALE The literature identifies three major barriers to the internationalisation of entrepreneurial firms: lack of foreign market knowledge, limited human and financial resources, and inherent weaknesses in management. In many countries, developing the entrepreneurial capabilities of firms and management teams is a significant public policy objective. Given the potential contributions of small entrepreneurial firms to economic development and export led growth, an international context and focus is highly appropriate. AIMS (9) The aim of the module is to lead students towards an in-depth knowledge and understanding of the international growth and development process of firms from their inception through to maturity as established international firms, with the emphasis on the early stages of international development for new venture and young, often born-global firms. Conventional internationalisation theory is challenged through discussion of rapidly internationalising firms, international new ventures and the born-global phenomenon. The course focuses on key concepts and theories underpinning international entrepreneurship, and how these are applied in practice. In addition, students are encouraged to draw on a wide range of intellectual resources, theoretical perspectives, and practical applications to illuminate and reflect upon their learning in the context of international entrepreneurship, born globals and international new ventures. LEARNING OUTCOMES (9) Learning outcomes are stated explicitly in the Course Document, and summarized below. On successful completion of this module students will: KNOWLEDGE AND UNDERSTANDING K1Demonstrate knowledge of the factors, which influence entrepreneurial attitudes and behaviour in an international context.K2Understand the nature of Born Global/International New Venture internationalisation, and the emerging theories/concepts underpinning this phenomenonK3Comment authoritatively on how (international) entrepreneurial behaviour can be used to improve the competitive advantage of small firms. INTELLECTUAL QUALITIES I1Identify, analyse and synthesise materials from primary and secondary sources that assist in the understanding of International Entrepreneurship.I2Construct and defend a reasoned argument in class presentations.I3Take a creative approach to studying topics in International Entrepreneurship, including thinking and reflecting around entrepreneurial issues and solving problemsI4Develop their learning through the cross fertilisation of ideas from their own and others’ experiences (peer to peer learning) PROFESSIONAL/PRACTICAL SKILLS P1Apply knowledge of International Entrepreneurship, Born Globals and International New Ventures processes and practice creatively to problem solving situations.P2Recognise and utilise their own and others contributions in-group processes.P3Participate in academic, ethical and value discussions that develop from International Entrepreneurship topics studiedP4Complete written assignments in a way that demonstrates systematic information gathering, accuracy, critical reflection on arguments presented, as well as detailed Harvard referencing in written assignments. TRANSFERABLE SKILLS T1 Demonstrate an ability to research, synthesize and evaluate complex (international) issues systematically and creatively.T2 Demonstrate proficiency in written and oral communication T3 Demonstrate an ability to take responsibility for the development of their knowledge of International Entrepreneurship, and skill-sets with regard to international entrepreneurship.T4 Demonstrate an ability to learn through critical reflection on International Entrepreneurship, theory, practice and future scenarios Demonstrate an ability to learn and enhance personal effectiveness, and self-confidence through feedback from both tutors and peers. MODULE TEACHING (10) Lectures / Tutorials24hrsSeminars12 hrsIndependent Study114 hrs LEARNING AND TEACHING METHODS Concepts and theories will be presented through a combination of lecture and tutorial activities, as well as practical exercises, with directed readings and discussions, multimedia resources, guest lecture sessions and case studies/future scenarios. In tutorial time, topics will be explored and developed through a mix of case studies/future scenarios, student-led presentations and/or discussions. In order to assist students adopt a global outlook, case studies will be drawn from varying international contexts, and each week will have a different country focus slot, as part of the tutorial series. Blackboard (Ulster’s virtual learning environment) is a key aspect of the learning and teaching approach at UUBS. It provides an invaluable support to the student learning experience and can be accessed through the Student Portal. Students should familiarise themselves with this important resource at the earliest time possible, as it will allow access to learning resources and module information. The site will also serve as an important communication tool for the module. On an on-going basis, topical new articles, links and readings will be added to the course materials, and made available in Blackboard. The module therefore adopts a blended learning approach. TEACHING PLAN – indicative content (11) A number of pertinent topics will be explored and discussed with a focus on rapidly internationalising small firms – Born Globals/International New Ventures. Each topic will be explored from a number of cultural viewpoints, including Developed Western economies, BRICS nations, MINTS and CIVETS. In addition this module contains a significant element of peer-to-peer learning, and students are expected to read in preparation for sessions (Indicative reading are provided on a week by week basis – these are subject to change, as new materials emerge). Introduction Module introduction and Coursework briefing What is International Entrepreneurship, & its importance? Domestic Versus International Entrepreneurship Hisrich, R.D. (2013) Chapter 1 Video clip: Born Global 2011 – UKTI SW BBC Coverage Eurofound (2012), Born global: The potential of job creation in new international businesses, Publications Office of the European Union, Luxembourg. McDougall, P. P., & Oviatt, B. M. (2000). International entrepreneurship: The intersection of two research paths. Academy of Management Journal, 43, 902–908. McDougall, P. P., Oviatt, B. M., & Shrader, R. C. (2003). A comparison of international and domestic new ventures. Journal of International Entrepreneurship, 1, 59–82. Motivations and barriers to rapid internationalisation Born Global & International New Venture Strategy Case study- Kandahar Treasure Hisrich, R.D. (2012) Chapter 7 OECD (2009), “Top Barriers and Drivers to SME Internationalisation”, Report by the OECD Working Party on SMEs and Entrepreneurship, OECD. http://www.oecd.org/industry/smes/43357832.pdf Gandhi, N., (2011) Born Globals, Hothive, Evesham (for examples) Globalisation, not just for the big firms, exploring the Born Global & INV firm: Theoretical perspectives Case Study – Logisys Hisrich, R.D. (2013) Chapter 2 Ho Yin Wong, Bill Merrilees (2012), Born Globals: How are they Different? in K. Scott Swan, Shaoming Zou (ed.) Interdisciplinary Approaches to Product Design, Innovation, & Branding in International Marketing (Advances in International Marketing, Vol. 23, Emerald Group Publishing Limited, pp.305-329 Jones, MV. Coviello, N., & Tang, YK. (2011) International entrepreneurship research (1989–2009): a domain ontology and thematic analysis, Journal of Business Venturing, Vol. 26 (6), pp. 632-659 ANZAM (2009) ‘Defining the Born Global Firm’ A Review of the Literature, available http://www.cemi.com.au/sites/all/publications/BaderMazzarolANZAS2009.pdf International entrepreneurship in differing contexts, (eg social, technology, serial, female) Carter, S., & Jones-Evans, D. (2012) Chapters Evers, Cunningham & Hoholm (2014) Chapter 11 Entrepreneurial decision making – effectuation and causation Carter, S., & Jones-Evans, D. (2012) Enterprise and Small business: Principles, Practice & Policy, 3rd Ed, Prentice-Hall. London (Chapter 8) Video: Big Think Interview With Saras Sarasvathy: Available (with transcript) at http://bigthink.com/videos/big-think-interview-with-saras-sarasvathy Nummela, N., Saarenketo, S., Jokela, P., & Loane, S. (2014) Strategic Decision making of a Born Global: A Comparative Study from three small open economies. Management International Review, Forthcoming Andersson, S. (2011) International entrepreneurship, born globals and the theory of effectuation. Journal of Small Business and Enterprise Development. Vol. 18. No. 3, pp.627 – 643. Dew, N., Read, S., Sarasvathy, S.D. and Wiltbank, R. (2009) “Effectual versus predictive logics in entrepreneurial decision-making: differences between experts and novices”, Journal of Business Venturing, Vol. 24 No. 4, pp. 287- 309. Finance & International Entrepreneurship Carter, S., & Jones-Evans, D. (2012) Chapter 23 Evers, Cunningham & Hoholm (2014) Chapter 12 Keasey, K., Pindado, J., & Rodrigues, L (2014) The determinants of the costs of financial distress in SMEs, International Small Business Journal 0266242614529317, first published on April 28, First online. Gabrielsson, M., Sasi, V. and Darling, J. (2004), ‘Finance strategies of rapidly growing Finnish SMEs: Born internationals and born globals’, European Business Review, Vol. 16, (6), pp. 590–604. Entrepreneurial failure and internationalisation Video: Founder’s Dilemmas: Entrepreneurial Failure, Kauffman Founders school, Available at: www.youtube.com/watch?v=NOG8Yo_ktbs Nummela, N., Saarenketo, S., & Loane, S. (2014) The dynamics of failure in international new ventures: A case study of Finnish and Irish software companies, International Small Business Journal, first published on July 11, 2014: Available at: http://isb.sagepub.com/content/early/recent Vissak, T, & Francioni, B. (2013) Serial nonlinear internationalization in practice: A case study, International Business Review, Vol. 22, (6), pp. 951-962. Vessels, J. (2012) Want to go global in 2013? Beware the 5 reasons companies fail at international expansion (online) Available at: http://venturevillage.eu/international-expansion-fail The role of the founding team in international entrepreneurship Video: Founder’s Dilemmas: Should I Co-Found? With Whom? Kauffman Founders school, Available at: https://www.youtube.com/watch?v=XBGYOed7YB8 Loane, S., Bell, J., & Cunningham, I (2013) “Entrepreneurial founding team exits in rapidly internationalising SMEs: A double edged sword, International Business Review, Vol. 23, (2), pp. 468- 477 Loane, S., Bell, J. & Mc Naughton, R. (2007). “The role of Entrepreneurial Founding Teams in Rapid and Dedicated Internationalisation: A Comparative study”. Journal of World Business, Vol.42 (4), pp. 489-50 Weiss, F., and Brettel, M. (2010) “Entrepreneurial team composition: The impact of task matched personality traits & team processes on venture success,” Frontiers of Entrepreneurship Research: Vol. 30: (10), Article 7. Available at: http://digitalknowledge.babson.edu/fer/vol30/iss10/7 (International) Marketing & International Entrepreneurship Case study: Spanx Video: Entrepreneurial selling, Craig Wortmann, Kauffman Founders school, Available at: https://www.youtube.com/watch?v=n7WE8kzHQQY Hisrich, R.D. (2013) Chapters 5 & 7 Evers, N., & Knight, J. (2008) “Role of international trade shows in small firm internationalization: a network perspective”, International Marketing Review, Vol. 25, (5), pp.544 – 562 Fuerst, S., (2010) Global Marketing Strategy: The case of a Born Global software firm in Colombia, Revista Ciencias Estratégicas, Vol. 18, (24), julio-diciembre, 2010, pp. 271-286, Available at: http://www.redalyc.org/articulo.oa?id=151316944008 Gabrielsson, M. (2005), ‘Branding strategies of born globals’, Journal of International Entrepreneurship, Vol. 3, (3), pp. 199–222. RESOURCE LIST (12) Recommended Reading Required Carter, S., & Jones-Evans, D. (2012) Enterprise and Small business: Principles, Practice & Policy, 2nd Ed, Prentice-Hall. London Hisrich, R.D. (2013) International Entrepreneurship: Starting, Developing, and Managing a Global Venture, 2nd Ed, Sage Publications, Thousand Oaks. Evers, N., Cunningham, J., & Hoholm, T. (2014) Technology Entrepreneurship: Bringing Innovation to the Marketplace, Palgrave Macmillan, Basingstoke. Recommended Burns, P., (2014) New Venture Creation: A Framework for Entrepreneurial Start-ups, Palgrave Macmillan, Basingstoke. Evers, N., Cunningham, J., & Hoholm, T. (2014) Technology Entrepreneurship: Bringing Innovation to the Market, Palgrave Macmillan, Basingstoke. Gabrielsson, M., & Kirpalani, VH., (2012) Handbook of research on born globals, Edward Elgar, Cheltenham (Available as an ebook in Ulster library). Gandhi, N., (2011) Born Globals, Hothive, Evesham (Available on iTunes) Read, S. (2011) Effectual Entrepreneurship, Routledge, London (Available as an ebook in Ulster library) Journals (which may be accessed using Athens) include: Entrepreneurship Theory & Practice Journal of International entrepreneurship International Business Review Journal of International Business Studies Journal of International Marketing Journal of World Business Harvard Business Review International Small Business Journal Changes in the international environment are rapid and often unexpected; keeping up to date is imperative. There is a wealth of international entrepreneurship information online. On-line resources include: (you will find relevant material on International Entrepreneurship on some entrepreneurship sites) http://www.hbs.edu/entrepreneurship/resources/ Harvard Business School resources http://www.babson.edu/entrep/fer/index.html Frontiers of Entrepreneurial Research Journal, useful links http://www.prenhall.com/scarbzim/html/resource.html Advice for Small Businesses and entrepreneurs http://www.internationalentrepreneurship.com International Entrepreneurship (requires free sign up) http://www.gsb.stanford.edu/ces/resources/international.html Stanford http://www.gemconsortium.org/ GEM Report – largest report on entrepreneurship www.ie-scholars.net International Entrepreneurship Scholars resources The required and recommended reading will be updated regularly SUMMARY DESCRIPTION This module provides students with an appreciation of the growing importance of international entrepreneurship, and rapid internationalization by small firms. It develops appropriate enterprise knowledge and skills among students to foster international entrepreneurial attitudes and behaviour. A variety of teaching methods are used including, formal lectures/tutorials, individual work, possible field visits, guest lectures, and so on. This module will assist students to develop their personal international entrepreneurial effectiveness and to think creatively with regard to problem solving and possible future scenarios, as well as assist them on their global citizenship journey. QA Library website. QA’s library website is a great place to start your research. This site brings together the resources provided by Ulster University library and the resources provided by QAHE library. Everything you need is in one place! The Ulster University page includes links to databases, ebook collections, open access sources, referencing, and much more.The Homepage contains information on research skills, extracting information from textbooks and accessible learning recommendations.The contact us page contains a live chat box so you can ask questions and receive immediate answers from a librarian. You can also book one-to-one sessions or join the regular ‘online hangout with a librarian’. There are lots of ways to ask for help with your research! SCONUL Ulster University is part of the SCONUL network. This allows students to visit other university libraries and use their books. If you’d like to do this, contact QA Library and we will arrange SCONUL membership for you. Studiosity Ulster University subscribes to Studiosity, which enables students to receive feedback on draft assignments. Simply upload your draft, select the type of feedback you want (eg grammar, referencing etc), and submit. Feedback will be provided within 24 hours. ASSESSMENT (13) ASSESSMENT AND FEEDBACK100% courseworkASSIGNMENT DETAILS:Course work 1- Case Study on an Entrepreneur.PART A: Analysing the Entrepreneur Each student will develop a case study on an international entrepreneur from a country of their choice with a specific focus (see list below eg technology). Therefore, if you choose technology entrepreneurship, you will find an international entrepreneur who is a technology entrepreneur also). 1000 words maximum excluding references. PART B (THEMES) Each student will then identify the main International Entrepreneurship theme/s emerging from the case study and see how the focal international entrepreneur and his/her firm confirm/disconfirm the relevant International Entrepreneurship literature. 500 words maximum excluding references.(A+B Total 1500 words)Indicative topics include:1. Gender and (international) entrepreneurship 2. Family and (International) entrepreneurship 3. Financing (International entrepreneurship) 4. Technology entrepreneurship 5. Social (International) entrepreneurship 6. Habitual/Serial (Entrepreneurship) 7. Ethnicity & (International) entrepreneurshipStudents should display competence in K1, K2, K3, K4, I3, I4, P1, P2, P3, P4, T1,T2, T3 and T4.Course work 2-Literature ReviewEach student will prepare and submit a written assignment based on a detailed investigation of a particular International) Entrepreneurship topic (See below). This assignment requires each student to undertake a critical literature review of their allocated topic –indicative (but not exhaustive) and identify and synthesize the key issues and themes emerging (maximum 2000 words).(See Carter, S., & Jones-Evans, D. (2012)Indicative areas include:1. International Entrepreneurship & economic development 2. Government and small internationally active small business 3. International Entrepreneurial opportunities 4. Psychology of the (international) entrepreneur 5. Growth & development in the international SME 6. Explaining rapid internationalisationPlease note the Chapter indicated above should form the basis of your assignment and you should research your topic beyond the scope of the Chapter.Due date: 26th April 2021.Feedback: General feedback from assignments will be provided in class in seminars (Week 9, 10 and 11). Both course works should be submitted as one report, with a cover sheet via the UK Turnitin link in Blackboard. Submission Guidelines: Word limit: Stay within the word limit – / + 10% (excluding tables, diagrams, bibliography and references, etc.)Insert word count clearly on the cover page.Word-processed assignment only, preferably using Word 6 or 7.Arial Font 12 point font, 1.5 spaced, A4. Each part should be clearly labelled.Page numbers must be inserted into your assignment.Ensure the module name is on the cover page.Place only your B00 number on your assignment, not your names. Assignments with names will not be accepted. ASSESSMENT CRITERIA: Assessment will be based on the Department’s assessment criteria guidelines for qualitative work; these are included in your Student Handbook. You should aim to produce work which: Demonstrates evidence of reading a wide range of appropriate supplementary sources (including appropriate referencing);Has a logical structure, including clarity and consistency of discussionThe assignment must be submitted as directed. Failure to do this may result in you failing this aspect of the coursework unless evidence of extenuating circumstances is submitted in writing to the Academic Registry. This complies with Faculty policy on late submission of course work. Please see student handbook for notes on extenuating circumstances. No marks will be given out over the phone or by email and registry will give out the marks. FEEDBACK (15) Formative feedback on the report will be available in class in seminars in weeks 9, 10 and 11.
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