Contents:
5. A list containing sessions (tentative), dates, days and topics is attached (Appendix 1). Broad groupings are briefly discussed below.
A. Introduction (3 Sessions)
6. The session provides an overview of the whole course and links it with previous ADGS. It also informs about the changes and revisions that have been made over the previous year. It seeks participants’ suggestions with regard to the choice of topics, or cases to weave in their interest and avoid overlaps. It also discusses the evaluation and weightage of different assignments. In this sense, it defines mutual expectations and establishes a learning contract.
7. This section then goes on to introduce the main hypotheses underlying the course, i.e., using value chain analysis to analyse Asian business situation. It introduces the concept of value chain analysis, reviews the literature and illustrates its empirical applications.
B. Selected facets of Asian business value chain (4 sessions)
8. Recognizing that value chain analysis can be applied in multiple ways, this session delimits the scope of the course to the four selected themes viz., products, technology, finances and organization (POTFIN). It briefly describes substantives aspects of each of these themes in analytical manner, in one session each, along the following lines.
i. Products, and product development―Product type, product development, product-cycle, value chains and matured products.
ii. Technology―R&D, technology policies, access to technology, licensing regimes, IPRs, and the role of public policy and state.
iii. Financing the Asian business―Financial formats, public policy and banking intermediation in Asia; FDIs―An overview of FDI in Asia; FDI in China; FDI in China from within the region.
iv. Business organizations―Building on transaction cost analysis as the basis for emergence of organizations—an analysis of hierarchical structure and variety within markets. Organizational types—from the single entity units to the MNC level; specific Asian groupings: chaebols, kereitzus and managing agency systems.
C. Distinctive models of Asian business—Countries and cases (10 sessions)
9. The main focus of the course is on the following:
i. Japanese model of industrialization
ii. Adaptation of the Japanese model in Korea and Taiwan (China)
iii. Rise of manufacturing in China
iv. Software industries in India
v. Gateways of business—Hong Kong and Singapore
10. The above country cases are illustrated with the help of case studies including: Kikkoman, Sony, Toyota, Samsung, WIPRO, Li and Fung and Singtel.
11. The discussion on automotive industry in general and Toyota in particular will be held by invited faculty.
D. Interface with Globalization (4 sessions)
12. Professor Yoshihiro Iwasaki joins the course and delivers four sessions on globalization and what does it mean for Asian business. The details will be provided separately by Professor Iwasaki.
E. Towards a long-term perspective (5 sessions)
13. In this section, the course focuses on forthcoming long-term issues that are likely to impinge on Asian businesses. First set of issues relates to WTO related issues in particular TRIPs, TRIMs, GATS etc. and the second set of issue focuses on infrastructure, energy and environment and how it is likely to impact on Asian businesses.
14. In summing up the issues, and identifying the directions in which the business in Asia should be developing, the course looks at the role of the market led regional cooperation in Asia.
F. Evaluation
Short assignments/case reviews 30%
Classroom participation 20%
Long assignment/detailed case review 50%
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