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reading questions #2
Course: PSC 222, Spring 2010School: Rochester
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Analysis Case Questions Compulsory Licensing, Thailand, and Abbott Laboratories PSC 244K/WPolitics and Markets: Innovation and the Global Business Environment Professor Primo Fall 2010 Due in class Tuesday, September 28, 2010 Directions: Please answer all of the following questions. Each answer should be at least one paragraph long. 1. Critically evaluate Abbotts initial response (detailed on p. 604) to Thailands...
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Analysis Case Questions Compulsory Licensing, Thailand, and Abbott Laboratories PSC 244K/WPolitics and Markets: Innovation and the Global Business Environment Professor Primo Fall 2010 Due in class Tuesday, September 28, 2010 Directions: Please answer all of the following questions. Each answer should be at least one paragraph long. 1. Critically evaluate Abbotts initial response (detailed on p. 604) to Thailands decision to issue compulsory licenses. Was a this wise move? Was there a better approach? 2. Critically evaluate Abbotts decision to back down from its initial stance after the reaction from activists and other observers. 3. Suppose that Abbott had maintained its initial stance. What message would that have sent to other countries considering compulsory licensing? 4. What message did Abbotts decision to back down from its initial stance send to other countries considering compulsory licensing?
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Rochester - PSC - 222
Reading Questions for Carpenter, Designing Cartels Legal Strategies for the Entrepreneur (Guest Speaker: Robert McNamara) PSC 244KPolitics and Markets: Innovation and the Global Business Environment Professor Primo Fall 2010 Due in class Tuesday, Oct. 5,
Rochester - PSC - 222
Reading Questions The Nonmarket Environment of Google PSC 244KPolitics and Markets: Innovation and the Global Business Environment Professor Primo Fall 2010 Due in class Tuesday, Oct. 14, 2010 Directions: Please answer all of the following questions. 1. T
Rochester - PSC - 222
Reading Questions for Ghemawat, Ch. 2 PSC 244KPolitics and Markets: Innovation and the Global Business Environment Professor Primo Fall 2010 Due in class Tuesday, October 19, 2010 Directions: Please answer all of the following questions.1. Fig. 2-1 of Gh
Rochester - PSC - 222
Case Analysis Questions Google in China PSC 244KPolitics and Markets: Innovation and the Global Business Environment Professor Primo Fall 2010 Due in class Thursday, November 4, 2010 Directions: Please answer all of the following questions. Each answer sh
Rochester - PSC - 222
Professor David Primo Harkness Hall 318 david.primo@rochester.eduFall 2010, Tues. and Thurs. 12:30-1:45 Office Hours: Mon. 1:30-3:30 and by appt. http:/www.rochester.edu/College/PSC/primoPSC 244K/W Politics and Markets: Innovation and the Global Busines
Rochester - PSC - 222
The Nonmarket Environment of Google (pp. 25-32)Key to success: efficiencyo o oAds Apps SearchGowth w;as tied to the nonmarket strategy to deal with competition1. Privacy Encourage people to adquire it beforehand Deal with uniformit privacy laws in d
Rochester - PSC - 222
Objectives:-Understand the concept of intellectual property and the economic rationale for protecting it Describe the existing protections for intellectual property, focusing on patents today and copyrights and trademarks.Property and incentives Proper
Rochester - PSC - 222
International Property: An International PerspectiveObjectives To understand how International Property protection works on a global scale, as a well as the challenges in implementing global Intellectual Property agreements. To study the issue of compu
Rochester - PSC - 222
Class notes # 3 Objectives:1. 2. 3. 4.Understand Baumols entrepreneurship typology Introduce the concept of rent seeking How incentives shape the allocation of effort in society Provide examplesA. Baumol three types of entrepreneurship i. Productive Fa
Rochester - PSC - 222
Abbots Raised Strategy: Bargain Lowered the price of kaletra and offered to lower its price for alluvia which is a related aids drug The Thai government refused Was this a better move? How should Abbott handle future compulsory licensing issueso o o o
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INTERNET PRIVACY Objectives: Discuss why privacy is a nonmarket issue with market consequences Discuss common features of internet privacy policies Why internet privacy issues matter for innovation Case analysis: FacebookThree dimensions of a privacy p
Rochester - PSC - 222
Venture CapitalI. Objectives: 1. To understand the role of debt and equity financing for innovative firms 2. To study the key feature of venture capital financing and how they compare to other forms offinancing3. Case Analysis: Venture Capital and Fina
Rochester - PSC - 222
Google Objectives Understand the market and nonmarket environment of a leading innovator Analyze how a fast growing innovative company becomes a target in both the market and nonmarket environment Discuss the special importance of integrated strategy fo
Rochester - PSC - 222
Integrated Strategy in an International Context1. Objectives Study the special challenges faced by a multinational corporation when developing an integrated strategy Develop a framework, the CAGE distance framework, for understanding the market and nonm
Rochester - PSC - 222
INTERNATIONAL TRADE 1. Objectives Introduce economic theories of international trade Discuss the politics of international trade Study major features of international trade policies and international dispute settlement2. Competitive trade theory Two coun
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OBJECTIVES 1. 2. 3. 4.Introduce the major components of Japans government Understand the concept of reciprocal exchange Study the basic features of nonmarket stratifies in japan Case: toys r us 9including CAGE analysis)Japans Government Parliamentary fo
Rochester - PSC - 222
Emerging Markets 1. Objectives a. Discuss important characteristics of emerging markets b. Discuss the opportunities presented by emerging markets c. Discuss the special risks faced by firms entering emerging markets d. Case: Tesco PLC in India 2. SOME Ch
Rochester - PSC - 222
Guest Speaker: Michael Durham, CEO. International Aviation Regulation Inappropriate overregulation of an industry can lead to economic harm to all industries because it distorts economic market forces. Airline Industry Context: Domestic airline industry i
Rochester - PSC - 222
Ethics in the International Arena1. Objectives a. To discuss how ethics applies to international issues b. To understand ethical issues as nonmarket issues c. Focus: Sweatshops 2. Purpose of Business Ethics a. Positive ( predictive) i. You care because y
Rochester - PSC - 222
Exam 1 Information1. Foundations of an Innovative Society Definition of innovation: the recognition of opportunit for profitable change and the pursuit of those opportunities all the wa thorugh to their adoption in practice. It can be tangible or intang
Rochester - PSC - 222
Isabella Tobon September 16, 2010 Homework Assignment # 1 1. According to Baumol, why is Schumpeters five-part categorization of innovation incomplete? What categories of activities does Baumol believe are left out? Baumol thinks that the flaw in Schumpet
Rochester - PSC - 222
Case Analysis Questions Compulsory Licensing, Thailand, and Abbott Laboratories Politics and Markets: Innovation and the Global Business Environment Professor Primo Fall 2010 Isabella Tobon 1. Critically evaluate Abbotts initial response (detailed on p. 6
Rochester - PSC - 222
Reading Questions for Carpenter, Designing Cartels Legal Strategies for the Entrepreneur (Guest Speaker: Robert McNamara)1. What is the primary difference between a titling law and a licensure law?The primary difference between titling law and licensure
Rochester - PSC - 222
Reading questions The nonmarket environment of Google Homework # 4 Isabella Tobon1. The reading identifies several nonmarket issues that Google is facing. Which of these is the greatest threat to Googles continued growth as a company, and why? Briefly de
Rochester - PSC - 222
Reading Questions for Ghemawat, Ch. 2 Professor Primo Fall 2010 Tuesday, October 19, 20101. Fig. 2-1 of Ghemawats book presents a possible relationship between geographicdistance and profitability for Wal-Mart stores in multiple countries. Do you think
Rochester - PSC - 222
Case Analysis Questions Google in China 1. The issue of censorship in China is both a nonmarket issue and a market issue. Explain how the issue fits into each category.It is a market issue because the market describes the interaction between firms, suppl
Rochester - PSC - 222
Chapter 12 (pp. 374-383)Introduction Markets are essential in free entreprise systems To function they need To provide confidence to individuals Established contract Quantity and quality fulfilled expectationsLaw reduces such uncertainties and supports
Rochester - PSC - 222
World News: U.S. Loses Ruling On Cotton Payouts Peter Fritsch, John Lyons. Wall Street Journal. Brazil, the world's biggest exporter of coffee, sugar, beef, chicken and iron ore, imports $18 billion a year of American goods and has long complained that ma
Rochester - PSC - 222
The Case against Corporate Social Responsibility Karnani The idea that companies have a responsibility to act in the public interest and will profit from doing so is flawed. Large companies now claim that they aren't in business just for the profits, th
Rochester - PSC - 222
Good Capitalism, Bad Capitalism And The Economics Of Growths And Prosperity. By William Baumol Primary goal: accumulation of wealth Actions:1. Increasing the size of the pie and taking ones fair share 2. Taking more of the pie whether it grows or notHIS
Rochester - PSC - 222
Entrepreneurship: Productive, Unproductive, and Destructive William J. Baumol Hypothesis 1: The total supply of entrepreneurs varies among societies. The productive contribution of the society's entrepreneurial activities varies much more because of their
Rochester - PSC - 222
Ch. 1 (pp. 1-5) There are two types of strategies a company can have the market strategy and the nonmarket strategy, which refers to the social , political and legal aspects of the environment. Although firms do not have control over the nonmarket strateg
Rochester - PSC - 222
Intellectual Property: Constitutional and Statutory Provisions U.S. Constitution Article I, Sect. 8, cl. 8 Congress can promote innovation in science and arts by giving patents for a certain amount of time 35 U.S. Code (Patents) Section 101. Inventions pa
Rochester - PSC - 222
US patent-law reform update November 20091. IntroductionWhenever there is a change in administrations, there will be an increase in legislative activity as the administration attempts to fulfill the promises the president made while running for office.
Rochester - PSC - 222
Intellectual property: protection and enforcementContext: The WTOs Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS), negotiated in the 198694 Uruguay Round, introduced intellectual property rules into the multilateral trading sy
Rochester - PSC - 222
Comment: Compulsory Licensing of Patented Pharmaceutical Inventions: Evaluating the Options Jerome H. Reichman The right of governments to grant compulsory licenses on virtually any ground - including public interest, abuse or anticompetitive conduct, or
Rochester - PSC - 222
Reading for September 28,2010 Pgs 582-583 Most Favored Nation: MFN Principal agreement of the WTO: each actor that signs it has to compromise to set the most favorable agreements for any country not being discriminatory. Second principal agreement of the
Rochester - PSC - 222
Facebook Reading Packet1. An Open Letter from Mark Zuckerberg a. Goal: help people understand what was going on in their world by creating anenvironment where people could Free Flow of Information on the Internet, because It helps people share informati
Rochester - PSC - 222
Fight against Regulation Intensifies By Deborah Gage November 1, 2009 Venture Capital News Who: Venture capital and private equity trade groups Where: House Financial Services Committee Why: to argue whether Venture Capital should be exempt from registeri
Rochester - PSC - 222
Designing cartels Executive summary o Regulations that require people when they are practicing certain professions with an specific title o Title laws receive little attention but represent the first step to a better occupational licensing o Designed to p
Rochester - PSC - 222
The Prevalence and Effects of Occupational Licensing *Morris M. Kleiner, Alan B. Krueger, Purpose: first national analysis of the labor market implications of workers who are licensed by any agency of the government in the U.S analysis of the influence
Rochester - PSC - 222
Chapter 14 Finance and Innovation Burton Malkiel 1. Introduction a. Free-market innovation machine: responsible for the great growth in free market economies and for the productivity improvements that have been an integral and essential conditions for thi
Rochester - PSC - 222
U.S House of representatives committee on financial services Introduction Polaris venture partners, a venture capital firm Mission to identify and invest in exceptional entrepreneurs and operating companies with innovative ideas and the promise to become
Rochester - PSC - 222
Google Agonizes on Privacy As Ad World Vaults Ahead Jessica E. Vascellaro. Wall Street Journal. (Eastern edition). New York, N.Y.: Aug 10, 2010. pg. A.1 Google is pushing into uncharted privacy territory for the company. Recently, it refrained from aggres
Rochester - PSC - 222
SEARCHING FOR TROUBLE; Annals of Communications Ken Auletta. The New Yorker. New York: Oct 12, 2009. Vol. 85, Iss. 32; pg. 46 Google has reinforced the notion that traditional media now want to combat: that digital information and content should be free
Rochester - PSC - 222
Differences across countries Google and walmart Walmart: walmart transferred its basic business model from the uniteed states to overseas and did better in countries similar to the univeted states than in very differenct ones Systematic evidence Double tr
Rochester - PSC - 222
Chapter 18 (pp. 574-596) THE POLITICAL ECONOMY O F I NTERNATIONAL TRADE POLICY In t roduction:
Rochester - PSC - 222
ALDEASA AND THE EU DUTY FREE ABOLITION SEPPa: Sociedad Espaola de Participaciones Patrimoniales is a government agency which owned 80% of Aldeasa, 52% of Tabacalera, 30% of AENA June 1997: privatization process Tabacalera held a monopoly on the distributi
Rochester - PSC - 222
Chapter 14 pg. 451-473, Toys R Us 614 to 618 The political Economy of Japan 1. Introductions a. Market strategies are typically adapted to the tastes of local consumers b. Japan in generally homogenous which facilitates the structuring of political and so
Rochester - PSC - 222
WhereSweatshopsAreaDreamNicholas D. KristofWhen:times of tremendous economic distress and protectionist pressuresWhat: a special danger - tighter labor standards will be used as an excuse to curb trade. Why:-Labor standards can improve wages and work
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Chapter 2 Pages 38 to 391. The Strategic Challenge Strategy: provide information to people Revenue: advertising Strategy: get information to people via phone Challenges o Develop applications for mobile phones o Control network though dominant carriers
Rochester - PSC - 222
The Political Economy of the European Union1. Introduction a. Established a single market in 27 nations b. Free movement of people goods and services and capital c. Common currency d. 23 languages 2. The European Union a. After WWII need to increase trad
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The Political Economy of International Trade Policy1. Introduction a. Agreements between countries, domestic laws pertaining to international tradeand procedures for administering those laws and resolving disputes2. The Economic Of International Trade
Rochester - PSC - 222
Chapter 17 Emerging Markets Page 549 to 563 1. Introduction a. of population live in emerging marketrss b. 90% of population growth is in these countries c. population live in less than $2 a day d. Problems with the rule of law and corruption e. Cultural,
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Chapter 23 (pp. 749-761) 1. Introduction a. Countries differ institutions that govern their political and economic activity as well as in their customs and culture b. Limitations of countries include: legal aspects, health care, education, social service
Rochester - PSC - 222
U.S. Cracks Down on Corporate Bribes Dionne Searcey. The Justice Department is increasing its prosecutions of alleged acts of foreign bribery by U.S. corporations, forcing them to take costly steps to defend against scrutiny. The crackdown under the For
Rochester - PSC - 222
CorruptionYouCanCountOn Fisman Conventional Wisdom: corruption kills economic development. Many countries that populate the lower rungs of Transparency International's annual corruption perception rankings are dismal economic failures. But to the discom
Rochester - PSC - 222
Chapter 23 (pp. 761-771)1. International Codes a. Companies have developed their own codes of conduct for their globaloperationsb. Attempts to establish global codes of conduct have also been undertaken todeal with human rights, labor conditions, the
Rochester - PSC - 222
MTN Group Limited (pp. 570-573); presentation on Blackboard MTN GROUP LIMITED1. Introductiona. Who 1: MTN Group South African wireless telephone company b. Who 2: reliance Communication Ltd, (second largest wireless company in India c. MTN failed negoti
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Axia College MaterialAppendix C Leaders and Legislation of the Civil Rights and Black Power MovementsIdentify leaders of the Civil Rights and Black Power movements and their contributions to their respective causes. How did these social pioneers forge t
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MULTICULTURAL EDUCATION SCENARIO1Multicultural Education Scenario SunShine Tweedy AED/200 November 14, 2010 Kelly FlemmMULTICULTURAL EDUCATION SCENARIO Multicultural Education Scenario It is important for any and all children to be educated about diffe