MMM056-Industrialisation and the Multinational Enterprise

Module Provider: International Business and Strategy
Number of credits: 20 [10 ECTS credits]
Terms in which taught: Spring term module
Non-modular pre-requisites:
Modules excluded:
Module version for: 2017/8

Module Convenor: Prof Davide Castellani


Summary module description:

This module focuses on the firms' decision to engage in international business activity, including the choice to become an exporter, a multinational enterprise and to internationalise R&D activities, and the effects of these choices on the industrial development in host countries.


This module focuses on issues relating to the role of multinational enterprises (MNEs) in the world economy. It will review the economic theory and the empirical evidence relating to the firms' decision to engage in international business activity, including the choice to internationalise R&D and innovative activities. Finally, the module will address the role MNEs in affecting the economic structure and industrial development in host countries.

Assessable learning outcomes:
On completion of the unit students should be able to:
•Understand the nature of MNE activity and its relationship with international trade and the geography of economic activities (including R&D and innovation).
•Appreciate the costs and benefits of MNE activity to a host country;
•Develop an understanding of the interaction between industrial policy and MNE activity, and how to best leverage investment flows for development.

Additional outcomes:
Students will develop general analytical skills and will also master the ability to work independently under pressure of restricted time frames and make their own decisions on the organisation of their work. They will also develop generic skills for future employment and career development.

Outline content:

1. International trade, globalisation and the MNE.

2. MNEs and the location of economic activity

3. MNEs and the internationalisation of innovation activities

4. MNE activity and domestic industrial development.

Brief description of teaching and learning methods:

Detailed guidance on the main topics of the syllabus and key references are provided in 10*2 hour sessions of lectures. Introduction to basic microeconomic concepts and support on the preparation of the assignment is provided in 5*2-hours sessions of tutorials.

Contact hours:
  Autumn Spring Summer
Lectures 20
Tutorials 10
Guided independent study 170
Total hours by term 200.00
Total hours for module 200.00

Summative Assessment Methods:
Method Percentage
Written exam 60
Written assignment including essay 40

Other information on summative assessment:


An 3,000 words (excluding cover page, tables, figures and references, 10% excess allowed) group assignment. 

Relative percentage of coursework

The group assignment has a weight of 40% in the overall assessment of the module.

Formative assessment methods:

Formative feedback provided on a 1,000 words outline of group assignment.

Penalties for late submission:
Penalties for late submission on this module are in accordance with the University policy. Please refer to page 5 of the Postgraduate Guide to Assessment for further information:

Length of examination:
One two hour examination with a weight of 60% in the overall assessment of the module, taken in the Summer term.

Requirements for a pass:
A weighted average mark of coursework and examination of 50%.

Reassessment arrangements:
By examination only (coursework will not be included in the re-assessment) in September.

Additional Costs (specified where applicable):

Last updated: 31 March 2017

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