Courses:

Course Info

• Course Number / Code:
• 15.223 (Fall 2007) 
• Course Title:
• Global Markets, National Policies, and the Competitive Advantages of Firms 
• Course Level:
• Graduate 
• Offered by :
• Massachusetts Institute of Technology (MIT)
  Massachusetts, United States  
• Department:
• Sloan School of Management 
• Course Instructor(s):
• Prof. Richard Locke 
• Course Introduction:
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  15.223 Global Markets, National Policies, and the Competitive Advantages of Firms
  
  
  
  

  Fall 2007

  
  
  

  
  
  

  Course Highlights

  
  
  

  
  
  15.223 Global Markets, National Policies, and the Competitive Advantages of Firms
  
  
  
  

  Fall 2007

  
  
  

  

  Flags of the European Union and Spain wave outside an office building. (Image courtesy of Alberto Villén, http://www.sxc.hu.)

  
  
  

  Course Description

  
  
  

  The world is changing in two fundamental ways. First, the development of a truly global market in products, services, capital, and even certain types of labor is changing the basic terms of competition for an array of different firms and industries. Second, the rules and institutions governing the new international economic order are still in flux. National regulations are no longer adequate yet international accords over trade, intellectual property, labor standards, and a host of other issues are fiercely and frequently contested by competing interests. The final results of these debates will determine who wins and who loses in the new global economy. Understanding the interaction between environment and business around the world is the key to understanding both the possibilities for and constraints on either managing an existing or starting a new business in today's fast-changing economy.
  
  

  Recommended Citation

  
  
  

  For any use or distribution of these materials, please cite as follows:

  Richard Locke, course materials for 15.223 Global Markets, National Policies, and the Competitive Advantages of Firms, Fall 2007. MIT OpenCourseWare (http://ocw.mit.edu), Massachusetts Institute of Technology. Downloaded on [DD Month YYYY].