This module is not currently running in 2024 to 2025.
This module examines the role of International Business in the Digital Economy. In light of recent technological advances in the global environment, such as Industry 4.0, we have witnessed the emergence and rise of the 'Digital Economy'. This is manifested in new, digital strategies, and a shift in the traditional global value chains (GVCs) in an international context. Indicative topics include:
• Globalisation and Digital Economy
• Digital platforms and digital business models in MNEs
• Virtual coordination in global supply chains
• Global risks mitigation through digital economy
• Global Sustainability in digital business
• Future of Work, Big Data and IoT in International Business
• Applications Blockchain technology in international trade and global supply chain
• Artificial Intelligence, Automation and International Business
Contact hours - 23 hours
Independent study hours - 127 hours
Total learning hours - 150 hours
Main assessment methods:
Exam (2 hour) 60%
Group Report (1500 words) 20%
VLE 20%
Reassessment methods:
Exam 100%
Indicative reading list:
• Tulder, V, Verbeke, A, and Piscitello, L (2018), International Business in the Information and Digital Age (Progress in International Business Research, Vol. 13), Emerald.
• Skilton, M (2016), Building digital ecosystem architectures : a guide to enterprise architecting digital technologies in the digital enterprise (2016), Basingstoke, Hampshire, Palgrave Macmillan
• Banalieva, E. R., & Dhanaraj, C. (2019). Internalization theory for the digital economy. Journal of International Business Studies, 50(8), 1372-1387.
• Brouthers, K. D., Geisser, K. D., & Rothlauf, F. (2016). Explaining the internationalization of ibusiness firms. Journal of International Business Studies, 47(5), 513-534.
• Li, J., Chen, L., Yi, J., Mao, J., & Liao, J. (2019). Ecosystem-specific advantages in international digital commerce. Journal of International Business Studies, 50(9), 1448-1463.
The intended subject specific learning outcomes.
On successfully completing the module students will be able to:
- Critically demonstrate knowledge and understanding of international business in the digital economy
- Demonstrate knowledge and critical understanding of applying digital knowledge in business internationalisation, management of cross-border business and sustainability issues in international business
- Critically examine the emerging trends in digital economy and their implications for international business.
- Evaluate the effect of the prevailing international business environment in the digital economy on international business decisions.
The intended generic learning outcomes.
On successfully completing the module students will be able to:
- Select, organise and synthesise complex information
- Draw on concepts, theories and frameworks to construct complex arguments
- Communicate effectively to a variety of audiences and/or using a variety of methods
- Discuss and debate ideas from an informed perspective thereby contributing to (organisational) decision-making
- Propose critical solutions to problems based on cross-cultural analysis and emerging digital context.
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