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This module provides students with an introduction to the multiple influences that determine how a new business (either new firm or new product to market) might develop and grow internationally. The influences are considered in three categories: Industry/Market, Political/Social, Intellectual Property Rights. Industry/Market • Competitive analysis (Forces of competition [Porter]; Strategic Group Analysis; Profit Pools [Bain]; Competitive Position Mapping [D’Aveni]); Strategy Canvas [Blue Ocean]. • Dynamic capabilities; Absorptive capacity • R&D intensity; Technology trends and trajectories • Product Costing
Political/Social • Labour Laws • Regional cost competitiveness • Taxes & Tariffs; Free trade areas • PESTEL analysis • Government incentives, grants and other supports
Intellectual Property Rights • Patents; Trademarks; Copyright; Registered Designs • Standards; CE mark • Managing Intellectual Property; Design practice
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