ECONOMICS OF STRATEGY

Anno accademico 2024/2025 - Docente: Antonio D'AGATA

Risultati di apprendimento attesi

Il Corso si propone di fornire agli studenti i principi economici di base per la comprensione delle strategie d’impresa finalizzate alla creazione e al mantenimento del vantaggio competitivo.  Il Corso include l'analisi di casi reali e la formulazione di strategie d'impresa

Modalità di svolgimento dell'insegnamento

Lezioni frontali di contenuto teorico e con applicazioni pratiche.

Prerequisiti richiesti

Nozioni elementari di microeconomia

Frequenza lezioni

La frequenza non è obbligatoria

Contenuti del corso

Business strategy

Competitive advantage

Organization design

Industry analysis

The spectrum of competition and niche markets

Competition in concentrated markets

Entry and the advantage of incumbency

Creating and capturing value in the value chain

Strategic management in a changing environment

Strategy in markets with demand-side increasing returns

Testi di riferimento

1. G. Saloner, A. Shepard and J. Podolny, Strategic Management, J. Wiley & S., New York, 2001, Chapters 1, 2, 3, 4, 6, 7, 8, 9, 10, 11, 12. 

2. W.C. Kim and R. Mauborgne, Blue Ocean Strategy. How to Create Uncontested Markets Space and Make the Competition Irrelevant, Harvard Business Review Press, Cambridge, 2015, Chapters 1,2. 

3. R. Hamermesh, K.D. Gordon, J.P.Reed Crown and Cork and Seal Company, Inc., Harvard Business School, Case Study, rev 1987 (Product number 378024-PDF-ENG, disponibile all'indirizzo: http://cb.hbsp.harvard.edu).

4. P. Ghemawat, H.J. Stander, Nucor at a Croassroads; Harvard Business School, Case Study, Rev. 1992 (product number 793039, disponibile all'indirizzo: http://cb.hbsp.harvard.edu).

Programmazione del corso

 ArgomentiRiferimenti testi
1Introduction: Strategic ManagementSaloner-Shepard-Podolny, Ch 1
2Business StrategySaloner-Shepard-Podolny, Ch 2
3Competitive AdvantageSaloner-Shepard-Podolny, Ch 3
4Internal Context: Organization DesignSaloner-Shepard-Podolny, Ch 4
5External Context: Industry AnalysisSaloner-Shepard-Podolny, Ch 6
6The Spectrum of Competition and Niche MarketsSaloner-Shepard-Podolny, Ch 7
7Competition in Concentrated MarketsSaloner-Shepard-Podolny, Ch 8
8Entry and the Advantage of IncumbencySaloner-Shepard-Podolny, Ch 9
9Creating and Capturing Value in the Value ChainSaloner-Shepard-Podolny, Ch 10
10Strategic Management in a Changing EnvironmentSaloner-Shepard-Podolny, Ch 11
11Strategy in Markets with Demand-Side Increasing ReturnsSaloner-Shepard-Podolny, Ch 12

Verifica dell'apprendimento

Modalità di verifica dell'apprendimento

Esame finale scritto. Sei domande aperte

Esempi di domande e/o esercizi frequenti

What is business strategy?, Competitive advantage based on position, Sustainability of competitive advantage, Organization design: the incentive problem, Porter's Five Forces Framework, The hold-up problem, Timing in oligopoly: the advantage of first-mover, Industry life-cycle.