Intended Learning Outcomes (Skills, Knowledge, Attitude)

This class will enable students to identify legal issues related to digitized business models. Students will be acquainted with the selected topics within the legislative framework and apply basic strategies to avoid typical legal obstacles. Participants will learn to configure business models in a legally safe manner. The aim of the class is to provide the necessary insights and competences for legal compliance of digital business models. Moreover, students will work in small teams in an intercultural setting to develop solutions to assigned topics. This module helps students to understand the dependencies of digitization in a company with the corresponding legal requirements. Having completed this class, participants will be prepared to determine potential legal risks within the context scrutinized in class. They will be able to pinpoint typical questions and solve them accordingly. 

Contents

·      Selected legal regulations applicable to the digital economy with a strong focus on data privacy and the AI Act

·      Identification and analysis of selected legal issues

·      Application of the given framework to a business model

Applied methods in Economics and Business administration 

❒      Analysis models and methods (research and analysis models): 

·     Legal analysis

❒      Quantitative empirical methods (comparative – statistical, mathematical methods, data analysis): 

·     Risk management process with respect to selected legal obstacles

❒      Qualitative and interpretative methods (expert interviews, polls, standardized surveys)

·     Qualitative analysis

·     Qualitative expert interviews

Teaching and Learning methods

·       Lectures/guest lectures

·       Literature reviews

-  Project-based work

·       Potentially field trip

·       Presentation 

-     Potentially COIL project or collaboration with neighboring faculty

Literature:

·      Introduction to and identification of currently relevant literature will be part of the class.