Description
With this brief illustration with regards to globalisation and entrepreneurship michael flynn.
ET3XX GLOBALISATION AND ENTREPRENEURSHIP
IES Abroad Dublin Entrepreneurship and Technology Program
DESCRIPTION:
Entrepreneurs face different challenges in different countries. This course will help you
understand the global economy’s impact on entrepreneurs and the political and cultural
factors that promote or impede small business start-ups. Learn how and when
entrepreneurs take their companies global and common pitfalls to success abroad.
CREDITS: 3
CONTACT HOURS: 45
INSTRUCTOR: Michael Flynn
LANGUAGE OF PRESENTATION: English
ADDITIONAL COST: None
PREREQUISITES: None
METHOD OF PRESENTATION:
Students will, in weekly classes, learn through lectures, class discussion sessions, group
work & group presentations, workshops and guest speakers.
REQUIRED WORK AND FORM OF ASSESSMENT:
? Class participation & attendance - 10%
? Individual assignment - 30%
? Group presentation - 30%
? Final Exam - 30%
Course Participation & Attendance
Description
Group Presentation
Class members will be allocated to teams with each team required to conceive of a business
concept and a new venture that aspires to be “born global”. Teams will be required to make
a presentation to the class on the global opportunity afforded by the new venture and how
they plan to launch the business internationally from its inception. The presentation should
cover such fundamental aspects as global strategy, routes to market, mode of
internationalisation and domestic environmental context as well as potential obstacles to
internationalisation.
Presentation: 20 minutes followed by 10 minutes of Q and A.
Group Assignment
Sharma and Chrisman (1999) assert that Corporate Entrepreneurship involves strategic
renewal which results in significant changes to an organisation’s business or corporate level
strategy or structure. With this definition in mind, choose a business organisation that you
believe has successfully applied principles of corporate entrepreneurship as part of a
strategic turn-around. Students should write a case study outlining the core principles of
corporate entrepreneurship utilised by the firm and critically assess the organisation’s
efforts in creating innovation and change in their strategy and / or structure.
Word count: 3000 words
Final Exam
Description
LEARNING OUTCOMES:
By the end of the course students will be able to:
? To provide learners with an appreciation of globalisation & the framework for
international business
? To allow Learners to critically appraise globalisation from the view point of
entrepreneurship and the internationalization of SME’s
? To provide an understanding of the fundamentals of international entrepreneurship
and enable the participant to independently evaluate and conceive of a commercially
viable international business concept
? Understand the fundamentals of entrepreneurship and intrapreneurship theory,
frameworks and analytical tools and models in an international context
? Understand concepts and frameworks around strategic planning for entrepreneurial growth
and scaling.
CONTENT:
Week Content Reading
Week 1
Introduction to
the course
? “Nature or Nurture?” – Attributes of
entrepreneurs & overview of
entrepreneurship, international business
strategy and globalization.
? Entrepreneurship from the view point of a
small nation economy.
? Westhead et al,
Chapters 4, 5 and
6 (pages 51 – 112)
Week 2 and Week
3
What is
Globalisation?
? Exploration of this most general of terms
from a number of different perspectives
with an emphasis on its impact on
international business.
? Cavusgil et all,
Chapters 1, 2 and
3 (pages 2 – 90)
? Journal articles
distributed in Week
1.
Week 4
The International
Business Frame-
work
? The emergence and evolution of the inter-
national legal and regulatory framework
and its network of agreements and
organisations: WTO, NAFTA, EU etc.
? Ball et al, Chapter
4 (pages 380 –
590)
? Journal articles
distributed in Week
1.
Week 5 and Week
6
Entrepreneurship
& Strategic
Analysis
? Internal & external analysis for
international new ventures
? Detailed introduction, review and
deployment of strategic analysis models
for both internal and external
environmental analysis and assessment
for entrepreneurship
? Westhead et al,
Chapter 11 (pages
175-194)
? supplemented by
readings from
Lynch, Chapters 4
and 5 (pages 72 –
157)
Week 7 and Week
8
Entrepreneurship
and being “Born
Global”
? Defining and re-defining entrepreneurship
in a global context
? Antecedent influences and entrepreneurial
culture
? Importance of international entrepreneur-
ship to small nation economies
? Practical aspects of International New
Ventures & the concept of “being born
global”.
? Westhead et al,
Chapter 13 (pages
218 – 237)
? Journal articles dis-
tributed in Week 1.
Weeks 9 and 10
Intrapreneurship
? Theories of intrapreneurship and the roles
of innovation and creativity in corporate
entrepreneurship in order to create
sustainable competitive advantage
? Timing of internationalisation
? Modes of internationalization
? Leveraging external resources for
international entrepreneurship
? Westhead et al,
Chapters 8 and 9
(pages 134 – 162)
Week 11
Growth Options &
Take Off
? Theories to explain firm growth
? Barriers to firm growth and enterprise
development
? Internationalisation and firm performance
? Westhead et al,
Chapter 14 (pages
238 – 259)
Week 12
Developing an
effective business
model & avoiding
failure
? Designing sustainable business/operating
& financial models
? Designing agility into planning and
strategic modeling (prescriptive vs
emergent entrepreneurial planning)
? Venture Capital,
Angel / HNW
Capital and other
sources of finance
? Westhead et al,
Chapter 12 (pages
195 – 217)
FIELD STUDIES:
Site visits and guest lectures may include:
? Guest Lecture – Local Entrepreneur on “what makes an Entrepreneur”
? Guest Lecture – Enterprise Ireland
? Site Visit: CarTrawler – born global Irish company
? Guest Lecture – Financing growth & take-off GRID Finance (crowd financing compa-
ny)
REQUIRED READINGS:
? Westhead, Wright and McElwee, (2011) Entrepreneurship: Perspectives and Cases.
New Jersey, Pearson Education.
? Ball, McCulloch, Frantz, Geringer and Minor (2006) International Business: The Chal-
lenge of Global Competition. New York, McGraw-Hill
? Cavusgil, Knight and Riesenberger (2008) International Business: Strategy, Man-
agement and the New Realities. New Jersey, Pearson Education.
? Lynch (2012), Strategic Management. London, Pearson.
RECOMMENDED READINGS:
? Burns, Paul 2nd Ed (2007) Entrepreneurship and Small Business, London, Palgrave
Macmillan.
? Barringer, B.R. & Ireland, R.D. 2nd Ed (2008) Entrepreneurship: Successfully
Launching New Ventures, New Jersey, Pearson Education. Lu, J.W., Beamish, P.W.
(2001) The Internationalisation and Performance of SME’s, Strategic Management
Journal.
? Rasmussen, E & Madsen, T.K. (2002), The Born Global Concept, EIBA Conference.
? McDougall, P.P. & Oviatt, B.M. (2001) Some Fundamental Issues in International En-
trepreneurship. Submitted to Entrepreneurship Theory and Practice.
? McDougall, P.P. & Oviatt, B.M. (1994) (2003) Toward a Theory of New International
Ventures. Journal Of International Business Studies Q1 1994.
? Batjargal, B. & Liu, M. (2004) Entrepreneurs’ Access to PE in China: The Role of So-
cial Capital. Organisation Science, Mar-Apr 1994, pp 159-172.
INSTRUCTOR BIO:
Michael Flynn, an Australian, lectures in International Business and Entrepreneurship and
is the Director of the Trinity MBA programme at Trinity College Dublin. After an initial career
in law, he started his first business at the age of 27 and has been involved in entrepreneur-
ship and intrapreneurship ever since. His career has been focused in the area of venture
start-up & scaling and growth of SME’s especially in relation to new market entry and
strategy for growth. He has worked both with start-ups and multi-national SME’s in senior
management roles, including founder and/or CEO roles in a number of companies and in a
consulting capacity. Michael spent many years in Japan and has worked extensively across
the Asia Pacific region and Europe.
His interests include rugby, fishing, hiking and virtually anything involving the Great Out-
doors!
Michael holds a B.A. in Japanese & Economics and an LLB Law Degree from the University of
Queensland, an MBA from Trinity College Dublin and an MSt in International Relations from
the University of Cambridge.
In addition to lecturing at Trinity College Dublin, Michael is a visiting lecturer at INSEEC Par-
is, EADA Barcelona, IE Madrid and delivers on executive education programmes at Irish As-
sociation of SME’s (ISME), the Irish Management Institute (IMI) and for Enterprise Ireland.
doc_789124161.pdf
With this brief illustration with regards to globalisation and entrepreneurship michael flynn.
ET3XX GLOBALISATION AND ENTREPRENEURSHIP
IES Abroad Dublin Entrepreneurship and Technology Program
DESCRIPTION:
Entrepreneurs face different challenges in different countries. This course will help you
understand the global economy’s impact on entrepreneurs and the political and cultural
factors that promote or impede small business start-ups. Learn how and when
entrepreneurs take their companies global and common pitfalls to success abroad.
CREDITS: 3
CONTACT HOURS: 45
INSTRUCTOR: Michael Flynn
LANGUAGE OF PRESENTATION: English
ADDITIONAL COST: None
PREREQUISITES: None
METHOD OF PRESENTATION:
Students will, in weekly classes, learn through lectures, class discussion sessions, group
work & group presentations, workshops and guest speakers.
REQUIRED WORK AND FORM OF ASSESSMENT:
? Class participation & attendance - 10%
? Individual assignment - 30%
? Group presentation - 30%
? Final Exam - 30%
Course Participation & Attendance
Description
Group Presentation
Class members will be allocated to teams with each team required to conceive of a business
concept and a new venture that aspires to be “born global”. Teams will be required to make
a presentation to the class on the global opportunity afforded by the new venture and how
they plan to launch the business internationally from its inception. The presentation should
cover such fundamental aspects as global strategy, routes to market, mode of
internationalisation and domestic environmental context as well as potential obstacles to
internationalisation.
Presentation: 20 minutes followed by 10 minutes of Q and A.
Group Assignment
Sharma and Chrisman (1999) assert that Corporate Entrepreneurship involves strategic
renewal which results in significant changes to an organisation’s business or corporate level
strategy or structure. With this definition in mind, choose a business organisation that you
believe has successfully applied principles of corporate entrepreneurship as part of a
strategic turn-around. Students should write a case study outlining the core principles of
corporate entrepreneurship utilised by the firm and critically assess the organisation’s
efforts in creating innovation and change in their strategy and / or structure.
Word count: 3000 words
Final Exam
Description
LEARNING OUTCOMES:
By the end of the course students will be able to:
? To provide learners with an appreciation of globalisation & the framework for
international business
? To allow Learners to critically appraise globalisation from the view point of
entrepreneurship and the internationalization of SME’s
? To provide an understanding of the fundamentals of international entrepreneurship
and enable the participant to independently evaluate and conceive of a commercially
viable international business concept
? Understand the fundamentals of entrepreneurship and intrapreneurship theory,
frameworks and analytical tools and models in an international context
? Understand concepts and frameworks around strategic planning for entrepreneurial growth
and scaling.
CONTENT:
Week Content Reading
Week 1
Introduction to
the course
? “Nature or Nurture?” – Attributes of
entrepreneurs & overview of
entrepreneurship, international business
strategy and globalization.
? Entrepreneurship from the view point of a
small nation economy.
? Westhead et al,
Chapters 4, 5 and
6 (pages 51 – 112)
Week 2 and Week
3
What is
Globalisation?
? Exploration of this most general of terms
from a number of different perspectives
with an emphasis on its impact on
international business.
? Cavusgil et all,
Chapters 1, 2 and
3 (pages 2 – 90)
? Journal articles
distributed in Week
1.
Week 4
The International
Business Frame-
work
? The emergence and evolution of the inter-
national legal and regulatory framework
and its network of agreements and
organisations: WTO, NAFTA, EU etc.
? Ball et al, Chapter
4 (pages 380 –
590)
? Journal articles
distributed in Week
1.
Week 5 and Week
6
Entrepreneurship
& Strategic
Analysis
? Internal & external analysis for
international new ventures
? Detailed introduction, review and
deployment of strategic analysis models
for both internal and external
environmental analysis and assessment
for entrepreneurship
? Westhead et al,
Chapter 11 (pages
175-194)
? supplemented by
readings from
Lynch, Chapters 4
and 5 (pages 72 –
157)
Week 7 and Week
8
Entrepreneurship
and being “Born
Global”
? Defining and re-defining entrepreneurship
in a global context
? Antecedent influences and entrepreneurial
culture
? Importance of international entrepreneur-
ship to small nation economies
? Practical aspects of International New
Ventures & the concept of “being born
global”.
? Westhead et al,
Chapter 13 (pages
218 – 237)
? Journal articles dis-
tributed in Week 1.
Weeks 9 and 10
Intrapreneurship
? Theories of intrapreneurship and the roles
of innovation and creativity in corporate
entrepreneurship in order to create
sustainable competitive advantage
? Timing of internationalisation
? Modes of internationalization
? Leveraging external resources for
international entrepreneurship
? Westhead et al,
Chapters 8 and 9
(pages 134 – 162)
Week 11
Growth Options &
Take Off
? Theories to explain firm growth
? Barriers to firm growth and enterprise
development
? Internationalisation and firm performance
? Westhead et al,
Chapter 14 (pages
238 – 259)
Week 12
Developing an
effective business
model & avoiding
failure
? Designing sustainable business/operating
& financial models
? Designing agility into planning and
strategic modeling (prescriptive vs
emergent entrepreneurial planning)
? Venture Capital,
Angel / HNW
Capital and other
sources of finance
? Westhead et al,
Chapter 12 (pages
195 – 217)
FIELD STUDIES:
Site visits and guest lectures may include:
? Guest Lecture – Local Entrepreneur on “what makes an Entrepreneur”
? Guest Lecture – Enterprise Ireland
? Site Visit: CarTrawler – born global Irish company
? Guest Lecture – Financing growth & take-off GRID Finance (crowd financing compa-
ny)
REQUIRED READINGS:
? Westhead, Wright and McElwee, (2011) Entrepreneurship: Perspectives and Cases.
New Jersey, Pearson Education.
? Ball, McCulloch, Frantz, Geringer and Minor (2006) International Business: The Chal-
lenge of Global Competition. New York, McGraw-Hill
? Cavusgil, Knight and Riesenberger (2008) International Business: Strategy, Man-
agement and the New Realities. New Jersey, Pearson Education.
? Lynch (2012), Strategic Management. London, Pearson.
RECOMMENDED READINGS:
? Burns, Paul 2nd Ed (2007) Entrepreneurship and Small Business, London, Palgrave
Macmillan.
? Barringer, B.R. & Ireland, R.D. 2nd Ed (2008) Entrepreneurship: Successfully
Launching New Ventures, New Jersey, Pearson Education. Lu, J.W., Beamish, P.W.
(2001) The Internationalisation and Performance of SME’s, Strategic Management
Journal.
? Rasmussen, E & Madsen, T.K. (2002), The Born Global Concept, EIBA Conference.
? McDougall, P.P. & Oviatt, B.M. (2001) Some Fundamental Issues in International En-
trepreneurship. Submitted to Entrepreneurship Theory and Practice.
? McDougall, P.P. & Oviatt, B.M. (1994) (2003) Toward a Theory of New International
Ventures. Journal Of International Business Studies Q1 1994.
? Batjargal, B. & Liu, M. (2004) Entrepreneurs’ Access to PE in China: The Role of So-
cial Capital. Organisation Science, Mar-Apr 1994, pp 159-172.
INSTRUCTOR BIO:
Michael Flynn, an Australian, lectures in International Business and Entrepreneurship and
is the Director of the Trinity MBA programme at Trinity College Dublin. After an initial career
in law, he started his first business at the age of 27 and has been involved in entrepreneur-
ship and intrapreneurship ever since. His career has been focused in the area of venture
start-up & scaling and growth of SME’s especially in relation to new market entry and
strategy for growth. He has worked both with start-ups and multi-national SME’s in senior
management roles, including founder and/or CEO roles in a number of companies and in a
consulting capacity. Michael spent many years in Japan and has worked extensively across
the Asia Pacific region and Europe.
His interests include rugby, fishing, hiking and virtually anything involving the Great Out-
doors!
Michael holds a B.A. in Japanese & Economics and an LLB Law Degree from the University of
Queensland, an MBA from Trinity College Dublin and an MSt in International Relations from
the University of Cambridge.
In addition to lecturing at Trinity College Dublin, Michael is a visiting lecturer at INSEEC Par-
is, EADA Barcelona, IE Madrid and delivers on executive education programmes at Irish As-
sociation of SME’s (ISME), the Irish Management Institute (IMI) and for Enterprise Ireland.
doc_789124161.pdf