Apart from their assigned mod courses, 1L students may only enroll in courses offered as 1L electives. A complete list of these courses can be found on the 1L Elective Listings page. 1L students must use the 1L class number listed on the course description when enrolling.
251.21 sec. 001 - Business Strategy in the Global Political Economy (Spring 2023)
Instructor: Vinod Aggarwal (view instructor's teaching evaluations - degree students only)
View all teaching evaluations for this course - degree students only
Grading Designation: Graded
Mode of Instruction: In-Person
TuTh 2:10 PM - 3:25 PM
Location: Chou Hall N270
From January 17, 2023
To March 21, 2023
Course End: March 21, 2023
Class Number: 32343
Enroll Limit: 29
As of: 08/24 11:03 PM
This course, jointly listed in the Haas School of Business and Berkeley Law, focuses on how one should formulate and integrate market and nonmarket strategies in a complex global economy. What are the implications for market strategies of the anti- globalization backlash? Most business strategy courses focus on the organization of the market and analysis of the market environment within which companies operate. Yet an important element in pursuing competitive advantage is the ability of a market to mold or influence the nonmarket business environment - the rules, regulations, domestic institutions, and international regimes that define the context of the market in which they operate.
Many actors influence the nonmarket environment including governments, international organizations, the media, non-governmental organizations, and a host of activist groups. This nonmarket environment often determines the profit and loss opportunities for firms in many industries including biotechnology, telecommunications, the automobile industry, and consumer electronics - to name only a few. Firms that take the nonmarket environment as “given” often fall behind their competitors, despite having developed strategies for the market in which they operate.
This course focuses on the development of tools to analyze the nonmarket environment of business and considers the policy making process in the United States, Europe, Japan, China, India, and as well as other emerging markets. Topics include anti-globalization, domestic political institutions and policymaking, corporate political strategies, government regulation and deregulation, industrial policy, trade policymaking, and international institutions. The course focuses on a managerial approach to help executives and consultants design and implement complementary market and nonmarket strategies that will allow them to compete successfully in the global political economy.
25%: Class participation
25%: Write-up and presentation of a group case
50%: Papers of no more than 4000 words including references (this works out to about 14 pages at 250 words a page)
Vinod (Vinnie) Aggarwal is Distinguished Professor and Alann P. Bedford Professor of Asian Studies, Travers Department of Political Science; Affiliated Professor at the Haas School of Business; and Director of the Berkeley Asia Pacific Economic Cooperation Study Center (BASC) at the University of California at Berkeley. He is also Editor-in-Chief of the journal Business and Politics, and Chair of the U.S. Consortium of APEC Study Centers.
He has held fellowships from the Brookings Institution, Rockefeller Foundation, Council on Foreign Relations, East-West Center, Woodrow Wilson International Center for Scholars, and was a Japan Foundation Abe Fellow. He has been a Visiting Professor at the Graduate Institute of International Studies in Geneva, the University of Geneva’s IOMBA program, INSEAD, Yonsei University, NTU Singapore, Bocconi University, Chung-Ang University, and the University of Hawaii. He is also an elected lifetime member of the Council on Foreign Relations and founding member of the U.S. Asia Pacific Council.
Dr. Aggarwal consults regularly with multinational corporations and international organizations on strategy, trade policy, and international negotiations. In 1997, he won the Cheit Outstanding Teaching Award at the Haas School of Business for PhD teaching; in 2003 he was first runner up for the Cheit Award for MBA teaching and won first place for the MBA program in 2005.
He has published over 20 books and 150 articles and book chapters. His current research examines business-government relations Europe, North America, and Asia, comparative industrial policy in cybersecurity, disaster management, and the political economy of great power competition.
Dr. Aggarwal received his B.A. from the University of Michigan and his M.A. and Ph.D. from Stanford University. Born in Seattle, Washington, he speaks five languages.
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