General information |
Course unit name: Family Business, Innovation and Globalization
Course unit code: 570111
Academic year: 2019-2020
Coordinator: Paloma Fernandez Perez
Department: Department of Economic History, Institutions and Policy and World Economy
Credits: 2,5
Single program: S
Estimated learning time |
Total number of hours 62.5 |
Face-to-face and/or online activities |
22.5 |
- Lecture |
Face-to-face |
1.5 |
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- Lecture with practical component |
Face-to-face |
6 |
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- Student presentation and discussion |
Face-to-face |
15 |
Supervised project |
20 |
Independent learning |
20 |
Recommendations |
— Choose continuous assessment because half of the methodological and knowledge objectives and capacities that must be acquired can only be achieved through class and Virtual Campus interaction, by accumulating the established assessment objectives.
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Competences to be gained during study |
On completing the subject, students should have acquired the following competences, specific to the subject:
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Learning objectives |
Referring to knowledge The general objective for the subject is to provide students with conceptual and empirical tools to confirm the importance of family businesses in the long-term development of innovation, both for developed economies as well as for emerging ones. |
Teaching blocks |
1. Family business and business families: review of the main concepts, theories and academic debates
* In this block the main concepts, theories and debates are explored in different academic fields with an interest in family businesses and business families.
1.1.
Birth of a research field in world business studies: family companies in the United Stated during the 70s;
1.2. Current debates
2. Business families and innovation in the world; A history laboratory considering current situations and future concerns
* This block comprises a synthesis of the history of family capitalism in the world, with the aim of understanding the analytical keys to innovation in many countries of the world where family businesses dominate. It includes open discussion of how this historical discourse can guide present and future business practices.
2.1. Importance of institutional framework and path dependence
2.2. Family business and innovation throughout the world; Cases and models: the United States, European peripheral countries (Northern, Mediterranean), Asia, Africa
3. Passt, present and futur innovation keys; Sectorial analysis of the competitiveness of family businesses in the world
* Using Michael Porter’s analytical keys for business and country competition and a long-term perspective, which refer to sector specialisation and business and institutional contexts, students analyse three topics. Firstly, the dynamic and changing sources of sustainable competitiveness to be found within family businesses that aspire to last in the world. Secondly, the importance of history and changing contexts (political, economic, social, cultural) to the opportunities, obstacles and changing conditions of different families dedicated to business throughout the world for more than a century. And, thirdly, the role of values, leadership, individual and collective entrepreneurship, and human and political chance when determining the exploitation or wastefulness of opportunities for business and innovation.
Teaching methods and general organization |
The methodology combines: |
Official assessment of learning outcomes |
Continuous assessment takes into account the following activities:
Examination-based assessment Students who wish to be entered for single assessment must sit a written individual examination on the official date to assess the competences described in the teaching plan. Unfortunately, single assessment cannot assess the capacity to interact with the lecturer and classmates; to present oral assignments or to discuss with visiting professionals, key aspects of the subject. For that reason, all students are encouraged to follow the continuous assessment procedure. |
Reading and study resources |
Consulteu la disponibilitat a CERCABIB
Book
Fernández Pérez, Paloma and Andrea Colli, The Endurance of Family Business. A Global Overview. Cambridge University Press, 2013.
Paloma Fernández Pérez, with C. Lubinski and J. Fear, eds, (2013), Family Multinationals. Entrepreneurship, Governance and Pathways to Internationalization. Routledge
Paloma Fernández Pérez, La última globalización y el renacer de los grandes negocios familiares en el mundo. Bogotá: Uniandes/Cátedra Corona, 2012.
Journal
Journal of Evolutionary Studies in Business
Business History (1992 fins a 2013)
Highly recommended journal |