Digitalization of International Business

Teachers

Included in study programs

Teaching results

Students will possess following abilities:
- about the impact of the industrial revolutions on the development of the world economy,
- about the impact of digitalization on employment,
- about the possibilities of blockchain usage in international business,
- about digital currencies,
- about importance of intellectual property in digital economy and possibilities of its protection.
Students will obtain following skills:
- analyze benefits and risks of digitalization of the international business,
- orientate in regulations with impact on digital economy,
- apply the knowledge gained throughout the course in practice
Students will gain following competences:
- orientation in regulations with impact on digital economy,
- critical assessment of benefits and risks of digitalization,
- identification of digitalization opportunities for companies doing business on the international level .

Indicative content

The course is focused on basic aspects of digital economy, its impact on business, globalization and competitiveness of countries. The course will also deal with impact of industrial revolutions - predominantly the fourth industrial revolution (Industry 4.0) on the development of the world exonomy.

Support literature

HOŠOFF, Boris. Inštitucionálna pripravenosť na digitalizáciu a zmeny vonkajšieho prostredia. Bratislava: Ekonomický ústav SAV, 2018, 238 p. ISBN 978-80-7144-292-9.
OECD. Going Digital: Shaping Policies, Improving Lives. Paris : OECD, 2019. 167 p. Available at: ISBN 978-92-64-31200-5.
OECD. Measuring the Digital Transformation : A Roadmap for the Future. Paris : OECD, 2019. 257 p. Available at : ISBN 978-92-64-31198-5.
Online sources:
Poznatkami k prosperite - Stratégia výskumu a inovácií pre inteligentnú špecializáciu Slovenskej republiky.

Syllabus

1. Impact of industrial revolutions on the development of world economy (historical overview) 2. Industry 4.0 – concept setup, meaning, Internet of Things and Services, Smart Factory 3. New products in digital economy 4. Impact of digitalization on employment 5. Artificial intelligence (AI) and its impact on international business 6. Data as a commodity 7. Blockchain and its use in international business 8. Platforms as business forms in the digital economy 9. International business in the digital economy 10. Regulations in the digital economy 11. Digital currencies 12. Intellectual property, its importance and protection in the digital economy 13. Digitalization of international business and its impact on globalization and competitiveness of countries

Requirements to complete the course

20% participation in seminars
20% end-term exam
60% final exam

Student workload

Total: study load 3 credits x 26 h = 78 hours
Separate study load for individual educational activities:
Attendance at seminars: 26 hours
Preparation for seminars: 20 hours
Preparation for the final exam: 32 hours

Language whose command is required to complete the course

Slovak language, English language

Date of approval: 06.03.2024

Date of the latest change: 30.03.2023