The Palgrave Handbook of Learning and Teaching International Business and Management

This handbook, which serves as a follow-up text to The Palgrave Handbook of Experiential Learning In International Business, reviews theoretical and empirical approaches of experiential learning pedagogy, and its role in increasing the effectiveness in teaching and learning of international business, and also, in the incorporation of international business-related concepts and competences in business and non-business programs. This edition offers a broader and updated perspective on experiential learning pedagogy for international business and management, and beyond. The first part provides an updated overview of the theories of experiential learning and effectiveness of teaching and learning in international business through the use of experiential learning projects. Part two provides a collection of specific applications of experiential learning in International Business and related fields. This handbook is a one-stop source for international managers, business educators, and trainers seeking to either select and use an existing experiential learning project or develop new projects and exercises of this kind. Maria Alejandra Gonzalez-Perez is Full Professor of Management at Universidad EAFIT, Colombia. She is current regional chapter chair for Latin America and the Caribbean (AIB-LAT) (2018-2021). She is Area Editor of the Cross-Cultural and Strategic Management (CCSM) Journal; Associate Editor of Transnational Corporations; and Editor-in-Chief of the business journal AD-minister. Vas Taras is an Associate Professor of International Business at the University of North Carolina at Greensboro, USA. He is the Founder of the X-Culture Project. His research and work revolves around cross-cultural and global virtual teams and experiential approaches to international business education and development. Karen Lynden is a lecturer at the Bryan School of Business and Economics, University of North Carolina at Greensboro, USA. She was the recipient of the Accreditation Council for Business Schools and Programs (ACBSP) 2017 International Teaching Excellence Award. Her teaching philosophy centers on active and experiential learning, with an emphasis on global-virtual-team dynamics. Section 1: Introduction: Learning and Teaching International Business and Management Using Experiential Learning Pedagogy 1. Introduction: Learning and Teaching International Business and Management Using Experiential Learning Pedagogy Authors: Vas Taras, Maria Alejandra Gonzalez-Perez & Karen Lynden Institutional Affiliation: University of North Carolina at Greensboro & Universidad EAFIT Country: United States and Colombia. Summary: This chapter will provide an introductory note to the Handbook, and present it's connection with the Palgrave Handbook on Experiential Learning in International Business, published in 2014. Section 2: Theory Based and Conceptual Chapters: Learning and Teaching International Business and Management Using Experiential Learning Pedagogy 2. Experiential Versus Traditional Classroom in Teaching International Business at the University Level: Current Global Debates. Author: Mary Kinoti Institutional Affiliation: School of Business, University of Nairobi Country: Kenya Summary: This chapter examines the current debates in experiential versus traditional classroom in the context of universities with a focus of teaching of international business. 3. Evaluating Outcomes of Experiential Learning - A Review of Available Approaches. Authors: Raghu Kurthakoti & Deborah Cain Good Institutional Affiliations: Arcadia University & University of Pittsburgh Country: United States Summary: The chapter discusses common experiential approaches used in International Business and summarizes the literature on how these are evaluated, and the effectiveness of such evaluation tools. The chapter will then discuss the pros and cons of different evaluation approaches and provide an outline of what assessment tools are best suited to measure specific outcomes and knowledge acquisition dimensions. 4. Comparing Online and Face-to-Face Creativity Development for International Business Author: Tiit Elenurm Institutional Affiliation: Estonian Business School Country: Estonia Summary: This chapter explains the role of creativity development regarding searching for and creating new international business opportunities, and for developing capabilities to cooperate within business environments. 5. Understanding the Global Business Environment through the High Impact Practice Activities Authors: Irina Naoumova & Annette Rogers Institutional Affiliations: University of Hartford Country: United States Summary: The chapter describes the experience in teaching international business related courses, incorporating high impact practices designed to increase cultural exposure. Various practices, including analytical and consulting projects, were tested in different groups of international and domestic students, first generation immigrants, and mixed teams that include the above categories. 6. Revisiting the Importance of Education Philosophies and Theories in Experiential Learning Authors: Irwyn Shepherd, Elyssebeth Leigh & Amanda Davies Institutional Affiliations: Monash University, University of Technology, Rabdan Academy Countries: Australia & United Arab Emirates Summary: Learning does not occur in a vacuum. Effective learning environments engage closely with relevant educational theories throughout the design process, ensuring that content, assessment, tasks, and learning outcomes are consistently aligned with underlying academically-relevant principles and philosophies. This chapter provides guidance for using an evidence-supported framework to develop International Business courses that are contextualized, authentic and experience-based. 7. Experiential Learning through a Social Media Branding Project Authors: Ilan Alon & Massiel Carolina Henrquez Parodi Institutional Affiliations: University of Agder Country: Norway Summary: This study analyses the attitudes and perceptions of students towards an experiential learning project in an international marketing master course at a Business School in Norway, United States and Israel. The findings validate the implementation of experiential learning exercises that incorporate social media and technology as an effective alternative to traditional teaching methods to enhance learning outcomes. Section 3: Applications of Experiential Learning Pedagogy in International Business Management Learning and Teaching COURSE DESIGN 8. Using Experiential Learning Theory to Promote Diversity in the Classroom Author: Andri Georgiadou Institutional Affiliation: Cyprus University of Technology Country: Cyprus Summary: This chapter aims to explore the design and implementation of a suitable level undergraduate curriculum that will enable students and faculty to become acquainted with the theoretical and practical underpinnings of promoting diversity, with an aim to foster accessible and effective environments for all. The analysis will identify potential pitfalls on the way diversity is promoted in the classroom, which can be addressed by applying remedies suggested within this chapter. 9. Experiential Learning as Catalyst for Global and Integrative Learning, through Sustainable Development Goal (SDG) Anchored Assignments Author: Sergio A. Castrillon-Orrego Institutional Affiliation: Universidad EAFIT Country: Colombia Summary: Portraying the challenges of sustainable development as strategic business opportunities, this chapter offers a comprehensive set of didactic exercises, which purposefully develop global mindsets and holistic learning. Leveraging the power of experiential learning and universal concerns, assignments centered on Sustainable Development Goals (SDGs) are easily transferable learning assignments, which integrate experiences, concepts, and scenarios for eventual experimentation. 10. Creating an IB Course with Active Learning Strategies as "Building Blocks" Authors: Longzhu Dong; Angie Stombaugh & Cindy A. Albert Institutional Affiliation: University of Wisconsin Country: United States Summary: This chapter introduces an innovative teaching approach that scaffolds eleven inter-connected active learning strategies throughout the course to help students practice the required tasks and skills needed to formulate a foreign-market-entry plan for a real-life local business. This approach could work for all levels, abilities, and class sizes, and ideally face-to-face because timely feedback is needed for all learning strategies. 11. Out of the Classroom and Into the Deep End: Real World Learning at ICCM Authors: Richard Griffith; Katherine Rau & Tessly A. Dieguez Institutional Affiliation: Institute for Cross Cultural Management Countries: United States Summary: The Institute of Cross Cultural Management (ICCM) is a full-service consulting firm staffed by master's and doctoral level graduate students who design, develop, and implement all deliverables to clients. This chapter discusses how students learn by doing within a carefully designed setting that promotes experiential learning and individual development. Best practices for similar organizations are shared and discussed. 12. Exploring the Effectiveness of Education Learning Space Principles' Application in the field of Tourism and Hospitality Education Authors: Lam Ching Chi (Cindia), Lei Weng Si (Clara), Fernando Lourenco & Natalie Sappleton Institutional Affiliations: Institute for Tourism Studies, Macau; Manchester Metropolitan University Countries: Macau & United Kingdom Summary: Application of the Education Learning Space (ELS) principles within two courses with different natures was carried out to examine the principles' effectiveness on student learning and student learning attitude. This chapter provides insights on the application of ELS principles on bachelor degree programs in a tertiary education institution. Educators who have been adopting experiential learning method and seek to further explore and perfect pedagogical methods are the targeted audience of this chapter. 13. Teaching and Applying the GLOBE Cultural Dimensions in International Business Authors: Todd Friends & Dawn Keig Institutional Affiliations: Whitworth University Country: United States Summary: This chapter shares the background of a scaffold approach in teaching the GLOBE cultural dimensions. The student learns how to develop a GLOBE cultural lens that can be applied to the cross-cultural factors involved with doing international business. The nine GLOBE cultural dimensions become a soft-set of business tools that consciously increase the effectiveness of cross-cultural management. CAPSTONE PROJECTS 14. Kratos Universidad EAFIT: A New Platform to Live Learning Experiences Authors: Sara Aguilar-Barrientos; Alejandro Arias Salazar; Juan Esteban Escalante; Jaime Leonardo Barbosa Prez; Manuel Esteban Acevedo-Jaramillo & Juan Pablo Romn Caldern Institutional Affiliations: Universidad EAFIT & ICETEX Country: Colombia Summary: Kratos is an educational program that pursues new schemes of generation, transmission, and adoption of knowledge. Kratos is an initiative conceived under the guidelines of experiential learning, and materialized through high impact projects that seek to respond to complex challenges. This chapter provides an analysis of Kratos in terms of effectiveness of learning and development of competencies through its different projects, as well as its potential for replication and transferability. 15. Experiential Learning in Management Education: The Lagos Business School Experience Authors: Chris Ogbechie & Hammed Akanji Institutional Affiliations: Lagos Business School, Pan-Atlantic University Country: Nigeria Summary: Arguably, one of the most natural and potent ways to learn is through experience, or learning by doing- an approach that has been vehemently ingrained in the teaching and learning programs at Lagos Business School (LBS). LBS is a reputable business school situated in Lagos, Nigeria. The school has incorporated experiential learning procedures into its management education programs through real-life projects such as; Capstones, Study tours, and project simulations. The prospective chapter will explore the process of integration and transfer, the progress made, challenges encountered, and how they have been managed so far. 16. Global Financial Strategy of MNE with a Selected Overseas Subsidiary Expansion Authors: Sylwia E Starnawska Institutional Affiliation: SUNY - Empire State College Country: United States Summary: The chapter presents the applied capstone project students individually perform as experiential learning activity in the final capstone course of Master of Finance degree on-line program and in the Global Finance and Investment graduate certificate. Students are exposed to various characteristic of different international markets while exploring country risk profiles, existing financial instruments, and possible entry strategies. The project supports development of transferable skills for managing a corporate financial function across cultures in the global financial market. 17. Project-based Approach in Teaching International Entrepreneurship Authors: Anatoly Zhuplev & Csilla Samay Institutional Affiliation: Loyola Marymount University Country: United States Summary: Emerging global trends actualize critical thinking, applied business skill development, and problem solving in teaching international business/entrepreneurship (IBE) in higher education. The chapter provides a conceptual overview of experiential learning, specifically focusing on project-based approach (PBA) in IBE. Comparative advantages, disadvantages, transferability, and limitations of PBA and instructional applications are explored in the IBE context. CONSULTING / CORPORATE CHALLENGES 18. Experiential Learning Through Student-Led Assessments: The Noodle Bar Strategy Author: Sandra Bordia Institutional Affiliation: Australian National University Country: Australia Summary: this chapter outlines the rationale, techniques, and benefits of using student-led assessment strategies. Students choose their own assessment contexts by identifying a case and finding a set of problems within the case. Students then conduct a literature review of a theory that applies to the case, followed by a report to the organization with recommendations for better practices. 19. Teaching International Venturing Through Virtual International Consulting Authors: Mark J. Ballam & Martina Musteen Institutional Affiliations: San Diego State University Country: United States Summary: This chapter showcases an experiential learning program aimed at exposing students to the experiences of international entrepreneurs. It details a semester-long project in which graduate business students develop a strategy for young, resource-constrained firms and startups seeking to grow their business internationally using a virtual platform. Drawing on the analysis of qualitative data collected over the span of eight years, we report on the effectiveness of the program as a pedagogical tool in IB education and provide suggestions for future similar experiential learning programs that aim to teach students how to identify, pursue and realize business opportunities in a global context. 20. Strengthening Peruvian Small Business Author: Mara de las Mercedes Anderson Institutional Affiliation: Universidad de Lima Country: Peru Summary: Knowledge transfer mechanisms as well as competency development play important roles in Academia. This teaching-learning project is based on three key elements: final years undergraduate students, businesses oriented to international development, and professors that specialize in export and internationalization education of Peruvian SMEs. Results: Education for professional individuals, and support for businesses seeking entry into international markets. 21. First-hand Consulting Experience: Developing Internationalization Strategies for Small Businesses Authors: Gabriela Bonilla Chumbi, Courtney N Bowles & Wolfgang Messner Institutional Affiliations: Darla Moore School of Business Country: United States Summary: This advanced strategy course engages students in an authentic internationalization strategy project for small businesses. Students are placed into the role of management consultants; they engage the client, conduct a market analysis, and develop go-forward recommendations. The approach is transferrable to other areas taught in business schools. 22. On-Site Applied Learning and the use of Mixed Methods as a Transformative, Life-Long Learning Model in International Business Author: Arkadiusz Mironko Institutional Affiliations: Indiana University East Country: United States Summary: This chapter discusses a transformational learning model for application within International Business courses that is grounded in an on-site learning experience where student teams work on a live corporate challenge. The model offers a two-fold approach. First, for learners to develop skills by: applying the model to learn new skills to address a set problem; ability to seek and receive feedback; reflect on the feedback and learning; and offer a new proposal. Second, for faculty to adopt the learning model to design assignments to deliberately assess applied elements of learning, such as adaptive and critical thinking skills. 23. Internationalization Strategies for SMEs: an Experiential Learning Approach Authors: Carolina Herrera-Cano, Isis Miosotis lvarez Flrez & Lina Giraldo Agudelo Institutional Affiliations: Universidad Autnoma Latinoamericana (UNAULA) Country: Colombia Summary: This chapter focuses on The Integrated Project, a pedagogical strategy developed at UNAULA-Business School in Medellin, Colombia as an opportunity for students improve research and practical knowledge, while becoming an international business first-approach consultancy for Medellin's small and medium enterprises (SMEs). The Integrated Project could be used as an opportunity for social projection of educational institutions in emerging markets through international business learning. INTERNATIONAL COMPETITIONS 24. Ideas for Action (I4A): An Experiential Learning Competition on Financing for Development and Accelerating the Implementation of the Agenda 2030 Authors: Mahmoud Mohieldin, Djordjija Petkoski & Maria Alejandra Gonzalez-Perez Institutional Affiliations: World Bank Group, Wharton School, & Universidad EAFIT Countries: United States & Colombia Summary: This chapter describes Ideas for Action (I4A), an experiential learning competition that targets students as they will the ones affected and responsible for the implementation of the global development agenda by 2030 including the Sustainable Development Goals (SDGs) and the Paris Agreement on climate change. PARTNERSHIPS/JOINT PROJECTS WITH BUSINESSES AND COMMUNITY 25. Experiential Learning in International Management Consulting: Connecting International Students and Leading Management Consulting Firms Authors: Corrado Cerruti & Ernesto Tavoletti Institutional Affiliations: University of Roma Tor Vergata & University of Macerata Country: Italy Summary: This chapter discusses an experiential learning based university program in management consultancy that is the result of an innovative cooperation with leading global management consulting firms. As management consultancy plays a central role in the spreading and application of management ideas in international businesses, this experience is relevant for other leading business schools who want to develop similar educational programs. 26. Bringing Experiential Learning into the Classroom: "Fireside Talks" Authors: Hinrich Voss & Giles Blackburne Institutional Affiliations: Centre for International Business, University of Leeds Country: United Kingdom Summary: 'Fireside Talks' are student-business co-curriculum interactions that offer students the opportunity to relate theoretical knowledge to real-life business issues being experienced by organizations, and to make recommendations to them within a warm and intimate environment. Such interactions strengthen students' understanding of course content, whilst increasing their commercial awareness, confidence, and employability. The format is flexible across subject areas and organization types. 27. Teaching Embedded Entrepreneurship through Experiential Learning in International Business Authors: Hans Hendrischke & Wei Li Institutional Affiliations: The University of Sydney Business School Country: Australia Summary: This chapter introduces two interlinked courses on entrepreneurship which are taught in China to a pre-experience Master of Management and a post-experience MBA cohort. Students analyze and evaluate the institutional embeddedness of entrepreneurs, and interact with local institutions and enterprises to create their own strategies. The underlying academic literatures are on institutional entrepreneurship, embedded agency, and the strategic tripod. ARTS, CULTURE AND EXPERIENTIAL LEARNING IN INTERNATIONAL BUSINESS 28. Global Leadership Education: Integrating Dance as an Experiential Teaching Tool Author: Secil Bayraktar Institutional Affiliations: Toulouse Business School Country: France Summary: This chapter shares insights and challenges regarding a fun and interactive experiential tool, dance and movement, in cross-cultural management education with a focus on global leadership. It introduces an exercise, where leaders and followers, through their connection, and the elements surrounding them in today's highly turbulent environment are analyzed through movement and lessons from the kinesthetic experience on the dancefloor. SIMULATIONS, MEDIA AND INFORMATION TECHNOLOGY IN EXPERIENTIAL LEARNING 29. Is it Just a Game? Overcoming Knowledge Stickiness in International Business Simulation Games Authors: Amonrat Thoumrungroje, Olimpia C. Racela Asda Chintakananda Institutional Affiliations: Mahidol University, Assumption University &National Development of Administrative Institute (NIDA) Country: Thailand Summary: A business simulation game (BSG) can make learning fun, but what makes it effective in fostering knowledge transfer to the actual work setting? A thematic analysis of qualitative responses from a diverse sample of former participants of an international strategy BSG uncovered meaningful pedagogical practices that enable knowledge transfer of four critical higher-order cognitive skills to the workplace. 30. A teamwork Perspective on Teaching via Global Strategic and Financial Simulations Authors: Joan Lofgren, Andres Ramirez & Elyssebeth Leigh Institutional Affiliations: Aalto University; Bryant University University of Technology, Sydney Countries: Finland, United States & Australia Summary: This chapter explores the impact of teamwork through the performance of undergraduate students in an online international business simulation. The authors draw on quantitative and qualitative data gathered during several iterations of the course, focusing on factors such as team formation and team dynamics. Insights into experiential learning will be useful to other faculty considering the use of simulations. 31. Help - What Do I Do Now? Practical Approaches to Introducing a Computer-Based Simulation into IB Curriculum. Author: Elizabeth Alexander Institutional Affiliation: Newcastle University Business School Country: United Kingdom Summary: This chapter discusses pedagogic approaches to planning and implementing a computer-based simulation in postgraduate and undergraduate international business curricula. 32. Born Online: Enriching Entrepreneurship Courses by Integrating Industry-Standard Technology Tools & Software Author: June Y. Lee Institutional Affiliation: University of San Francisco Country: United States Summary: This chapter demonstrates how an entrepreneurship course can be enriched by incorporating industry-standard tools and software. In a yearlong case study, we ran multiple sections of an entrepreneurship course in which students learned and applied industry-standard tools and software. During and after the course, we collected feedback and analyzed their learning experiences, summarizing the lessons learned, best practices, and challenges. 33. Not Just Game Play: Enhancing the International Student Experience through the use of Computer-Based Simulations Authors: Elizabeth Alexander & Susan Barnard Institutional Affiliations: Newcastle University Business School Country: United Kingdom Summary: This study examines the use of simulations as a tool to support learning and enhance engagement of international direct entrant students. We examine whether and how conflict evident in team-working affects both learning and engagement, and probe more fully the pedagogic potential of computer-based simulations, assisting institutions in achieving student satisfaction, in addition to other student learning and value outcomes. 34. Embedding Pragmatism in the International Business Curriculum: Using an Online Teaching Tool Authors: Suresh George, Christos Zoumpos & Basil Janavaras Institutional Affiliations: Coventry University & Minnesota State University Country: United Kingdom & United States Summary: This chapter introduces Pragmatism as a philosophical base for a new experiential learning paradigm driven by evidence-based practice, ethics, and realistic Teaching. Using a unique pragmatic software tool, GMMSO4, the chapter offers recommendations for the ease and transferability of this approach providing business schools with the ability to create legitimate and relevant IB curriculum. 35. The Trade Barrier Game: An Experiential Approach to Understanding Political Behavior in Trade Negotiations Authors: Carol Reade & Mark McKenna Institutional Affiliation: San Jos State University & Hult International Business School Country: United States Summary: This chapter offers an experiential learning simulation for the international business (IB) classroom on the behavioral dynamics surrounding trade negotiations, the politics of trade, and national decisions to raise and lower trade barriers. Students gain an experiential understanding of the role of trust and cooperation in negotiations that is transferable to other decision-making contexts. 36. Experimental Learning Through the Use of Interaction and Multimedia in International Business Teaching Authors: Xiaohua Yang & Ziyu Meng Institutional Affiliation: University of San Francisco Country: United States Summary: This study explores the effectiveness of experimental learning through the multi-phase use of multimedia in an international business class. After the first phase, the researchers advanced materials in the second phase to help students solidify learning schemas. This research contributes to understanding experimental learning method facilitating students to connect conceptual understanding with cultural intelligence through multimedia and interactive learning. 37. The Practical Application of Financial Management for International Business Teaching Through Simulation, Experiential and Role Play Activities. Authors: William Alexander Malpica Zapata & Andrs Mauricio Castro Figueroa Institutional Affiliation: University Piloto of Colombia Country: Colombia Summary: This chapter details strategies that seek to strengthen the teaching of financial management as applied to international business from a practical perspective. The chapter details several examples of the effective transfer of knowledge through activities such as: simulations, forecasting, and role play. Due to the great importance that the financial component has at the time of making decisions especia