Professor Gary Gereffi                                                                 
264 Sociology/Psychology Building                                      
Tel. 660-5611; ggere@soc.duke.edu
Office hours: Wednesday, 4-5 pm or by appointment.

Fall 2001 
MW, 2:20-3:35 pm
111 Social Sciences Bldg.                  

 

 

Capstone Course in Markets & Management Studies
MMS 190.01

Theme -- Creating and Managing Technology in Organizations

                Integrative learning is a fundamental challenge in our contemporary world.  The Markets & Management Studies Program at Duke is premised on the idea that an interdisciplinary perspective offers the best training for people who will be pursuing careers in business, government, or the non-profit sector.  This Capstone course is intended to help M&M students pull together material from core courses in the program, but it is meant to facilitate integrative learning in other ways as well.  You will learn how to work in teams to identify and resolve problems confronting companies, industries, and communities today.  This is a difficult assignment because you will be expected to blend your diverse perspectives and backgrounds, to bridge theory and facts, and to convince the participants or stakeholders in the situation you are analyzing that you have a realistic contribution to make.  In this regard, you must move beyond the passive learner role ordinarily associated with students to become both engaged researchers and policy advocates. 

Opening the “Black Box” of Technology

There is a technology focus in this Capstone course.  It is a truism in the business world that whenever technology people can understand business, or business people understand technology, they become very successful.  Unfortunately, this combination is relatively rare.  How to make it happen more frequently is the challenge we need to address.  On the one hand, our lives are increasingly influenced by advanced technology.  On the other hand, fewer and fewer of us are equipped to understand, much less actually utilize, this technology.  A curriculum that focuses on particular industries and technologies, whether the highly specialized disk drive industry or the more diversified world of e-business, can provide an initial sense of key technological principles, practices and problems.   In so doing, it equips students and citizens with the tools to think, talk about, and make decisions that affect technological change.  This has always been a difficult issue – recall C.P. Snow’s long-standing emphasis on the problem of “two cultures.”  It is even more challenging in the contemporary era of globalization.  As such, a more integrated business and science curriculum can bridge the gap between technology specialists, who often don’t know how to communicate the value of their research to broader audiences, and managers, venture capitalists, and public officials who are often at a loss with regard to the scientific foundations and ethical implications of their decisions about technology.

Course Requirements

            There are three main requirements for this course:

1)  Technology and Organizations Websites:  There is a major team project required in this course.  Teams comprised of 4 or 5 students will be formed, each focusing on a different technological arena.  Within each website, students will be asked to address a number of different dimensions, including:

These dimensions will be outlined in more detail in a separate memo.

2)  An interview-based profile of a scientist, technologist, or business person dealing with the challenge of effectively harnessing technology in organizational or societal settings

Students will write a profile of a person who is dealing with the intersection of business and technology in their work experience.  This person may be someone you know, one of the guest speakers in class, someone working at Duke or in the local business community, or anyone else with whom you can have an extended conversation about what they do and how they are meeting the kinds of challenges we are discussing in class. 

3)  A focused and up-to-date literature review of theories, concepts, and findings that address the technology or organizational challenges of the person you profiled

Using materials from your research for this course or from pervious courses, you will develop a focused discussion of what the current literature tells you about how to address the issues confronted by the technology or business person whom you profile.  In a sense, your review of the literature should provide a constructive effort to resolve the technology or organizational problems that the person you are interviewing is confronting.


Course Grade

Four components determine the final course grade:

30% -- 1) Participation in team project.

30% -- 2) A case study of a particular individual. This paper will be about 8-10 pages long, and it is due on Wednesday, Oct. 10th.

30% -- 3) A literature review to address a technological or organizational challenge.  This paper will be 10-12 pages long, and it is due on Monday, Nov. 5th.

10% -- 4) Participation in class.  This grade will include write-ups done on each of the guest speakers by designated students (one write-up per semester), as well as periodic inputs on the CourseInfo Discussion Board (under Communication tools) or feedback on peer projects.

Readings

The syllabus and other information relevant to this Capstone are available on the Markets & Management Studies website <www.markets.duke.edu>, and also will be provided through CourseInfo at http://cinfo.aas.duke.edu/courses/MMS190.01/ 

The articles we will read for the course are all available through E-Reserves at Perkins Library: http://www.lib.duke.edu/access/reserves/

COURSE OUTLINE

Aug. 27 

Introduction

Why Do Science and Business Need Each Other?

Aug. 29

A science perspective:  How does science work, and how does its incentive structure favor or disadvantage a connection to business as well as public policy objectives?

 

See David Goodstein, “Science Education Paradox,” September 2001 issue of Technology Review <http://www.techreview.com/>  Click on the “Related links on the web” box from this initial article to get to David Goodstein’s home page <http://www.its.caltech.edu/%7Edg/> to find other relevant articles such as “How Science Works,” “Inside Science,” and “Conduct and Misconduct in Science.”  Goodstein is vice provost, professor of physics and applied physics, and the Frank J. Gilloon Distinguished Teaching and Service Professor at the California Institute of Technology. 

Sept. 3

A business perspective:  How a venture capitalist views technology.

  Guest lecture:  Jeff Clark, venture capital partner of Aurora Funds, 2525 Meridian Parkway, Suite 220, Durham, NC 27713.  Phone: (919) 484-0400; <jclark@aurorafunds.com>  <www.aurorafunds.com>
Thinking about Technology 
Sept. 5 Porter, Michael E.  2001. “Strategy and the Internet.”  Harvard Business Review (March): 63-78.
Sept. 10 A computer science perspective:  How can technology specialists be business catalysts?
  Guest lecture:  Brent Ward, business catalyst, ROI Ventures Consulting.
Sept. 12 Corporate pioneers in e-business:  The old and the new economies meet.
 

Gereffi, Gary.  2001a. “Shifting Governance Structures in Global Commodity Chains, with Special Reference to the Internet.” American Behavioral Scientist 44, 10 (June): 1616-1637.

Gereffi, Gary. 2001b. “Beyond the Producer-driven/Buyer-driven Dichotomy: The Evolution of Global Value Chains in the Internet Era.” IDS Bulletin 32, 3 (July): 30-40.

General Electric’s e-Business Strategy:  e-Make, e-Buy, e-Sell
Sept. 17 An overview of General Electric and its digitization strategy.
  Two-week module developed by Karla Mizelle, Jason Mizelle, and Chris Antonello of GE Mortgage Insurance Company, 6601 Six Forks Road, Raleigh, NC 27615.  Phone: (919) 870-2623; <Karla_Mizelle@Mortgage.GE.com>
Sept. 19 Case Study:  e-Sell at GE Mortgage Insurance (B2B and B2C)
Sept. 24

Richard Nastasi, Chief Information Officer (CIO) at General Electric since 1984, and currently Senior Vice President, e-Business: 
“Role of Information Technology in e-Business”

Sept. 26 Debrief on case study assignment; share other GE best practices.
The Human Genome Project and Duke’s Center for Genome Ethics, Law & Policy
(readings to be announced)
 Oct. 1 An overview of where the science and technology are at.
Oct. 3 

Business structures and opportunities in the genome field.

Guest speaker:  Humphrey Costello <HumphreyC@EliResearch.com>, Editor, The Genomics Report (published by Medicine & Health, a subsidiary of Eli Research).

Oct. 8

Intellectual property:  patent law & biotechnology.

Guest speaker:  Lauren Dame <dame@law.duke.edu>, Duke Law School and Associate Director, Duke's Center for Genome Ethics, Law & Policy. 

Oct. 10 What are the ethical concerns in the genome field?
  First Paper (individual profiles):  Due.
Oct. 15 Fall Break
Oct. 17 Discussion of first half of course in terms of Capstone goals.
High-tech Commodities:  The Hard Disk Drive Industry
Oct. 22

Jon William Toigo. 2000. “Avoiding a Data Crunch.” Scientific American (May).  <http://www.sciam.com/2000/0500issue/0500toig.html>

Clayton M. Christiansen, The Innovator’s Dilemma (New York: HarperBusiness, 2000), chapters 1 & 2. 
Topic:  Why great companies can fail: insights from the hard disk drive industry; managing disruptive technological change. 

Oct. 24

Gourevitch, Peter, Roger Bohn and David McKendrick. 2000. “Globalization of Production: Insights from the Hard Disk Drive Industry.” World Development 28, 2 (February): 301-317.

Look at papers listed on the website of the Information Storage Industry Center at the University of California at San Diego
< http://isic.ucsd.edu/index.html>

Oct. 29 Guest lecture:  Richard Doner, Political Science Department, Emory University.
Oct. 31 Discussion:  How do different disciplinary perspectives shape our understanding of international competitive success in the hard disk drive industry?
Nov. 5

An engineering perspective on technology: 

Guest lecture:  Steve Walsh, founder of BOPS (Billions of Operations per Second).
<steve.walsh@bops.com>  < http://www.bops.com>

  Second Paper (focused response to technology-business challenge): Due.

The Social and Environmental Certification Movement:  Monitoring Corporate Codes of Conduct
(readings & guest speakers to be announced).

Nov. 7 Gereffi, Gary, Ronie Garcia-Johnson, and Erika Sasser. 2001. “The NGO-Industrial Complex.” Foreign Policy, 125 (July-August): 56-65.
Nov. 12  Organically modified foods:  Can science create a no-loser scenario?
Nov. 14  Certified wood and coffee:  Are “ethical consumers” good business?
Nov. 19 Monitoring corporate codes of conduct in anti-sweatshop campaigns
Nov. 21  Thanksgiving Break
Nov. 26 To be announced.
Nov. 28 Class presentations of group projects
Dec. 3 Class presentations of group projects
Dec. 5 Wrap up.

        

                       

                       

             

             

29 Aug. 2001