Overview

The course is concerned with the determinants of competitiveness and economic development viewed from a bottom-up perspective, i.e., beginning with the firm. While, sound macroeconomic policies, stable legal and political systems, and the accumulation of factors of production affect the potential for competitiveness, wealth is actually created at the microeconomic level. The strategies of firms, the vitality of clusters and the quality of the environment which competition takes place, are what will ultimately determine a nation or region’s productivity.

This program will also explore the nature of organizational structure and institution for sustained improvements in competitiveness