This two-week course consists of two one-week modules, which are both taught in Estonia by the University of Tartu. The first module “Estonian economic innovation: lessons learned and future scenarios” takes place in Tallinn and the second module “NATO, the EU and Baltic Regional Security” takes place in Tartu.
The topic of the “Estonian economic innovation: Lessons learned and future scenarios”
module concerns the positive economic and social developments which has made Estonia one of the most successful countries of Eastern Europe after the fall of the socialist regime. Students will gain an overview of the choices which Estonia had to make during the transition from controlled to free-market economy, on the role of various actors within this process and the impact of these choices upon the business climate and the society at large. The lectures will be: “Business and Innovation”; “Global Competitiveness”; “Data Science for Business Problems”; “Researching Financial Networks”; “Organizational aspects of digital transformation”; “Governmental capabilities in building digital leadership”, "Challenges Related to e-Elections", "Innovative Organizational Culture and What We Know About it in Estonian Companies" and "Business, Digital Society and Human Rights". There will also be visits to several business enterprises which shape today’s economic environment in Estonia.
Applications are evaluated based on
Motivation letter (up to 1.5 page) that demonstrates the applicant’s motivation to participate, explains his/her expectations about the programme and how participation in the summer programme is connected with his/her studies and interests, and how the applicant plans to use the gained experience and knowledge in the future.
Credits: 4 ECTS
Location: Tallinn, Tartu
Programme fee: 1050€
Programme fee: 1050 € includes tuition, cost of the study visits, cultural and social programme, services of the host university and accommodatiotion in double rooms with breakfast included.
Alternatively participants can arrange their own housing and in this case the tuition fee for the academic and cultural programme is 600 €.
Students are responsible for their travel and travel insurance (visa arrangements, if needed) from their home country to Tallinn and from Tartu back to their home country.
Module: NATO, the EU and Baltic Regional Security
Tallinn, 20 – 24 July 2020
Lecturer: professor Andres Kasekamp, University of Toronto
The lectures will take place 10.00 – 13.15 each day, 20 – 24 July 2020.
Data Science for Business Problems by Rajesh Sharma
It is a well-established fact that in recent years, almost 90 percent of data has been generated of all the data which exists in the world. This data is expected to increase with the addition of new (online) platforms and various devices to cater different kind of customers’ needs. The explosion of the data has forced companies and specifically their marketing teams to take a data science approach for analyzing the data to generate a business value of it. This lecture will discuss various techniques under the hood of data science which can be used for solving various problems in the business domain.
Global Competitiveness by Viktor Trasberg
The lecture focuses on main elements of global competitiveness in the Baltic Sea Region context. Why it is an important issue, particularly for small open economies like Baltic countries are? What countries can do to increase efficiency of economies, attract foreign investments and improve wellbeing of societies There will be introduced and analyzed competitiveness components and highlighted the causes, why Nordic countries are the most competitive countries in the world. What are obstacles, which limit the Baltic societies to break through the “glass ceiling” in living standards?
The lecture continues the topic on global competitiveness and particularly focuses on innovation and development. Advancement and efficiency of economies depends mainly on capabilities to modernize and innovate. Why Baltic Sea Region countries are in the top of various innovation rankings? Why some societies are more innovative than others? How innovation systems work? Is IT sector that only matters? Those questions will be discussed and explained in the frames of Baltic Sea Region economic developments.
This lecture starts with a general motivation on what networks are and how important and predominant it is in everyday life as well as in financial sector. After defining some key concepts on research with networks, the lecture continues with many interesting examples of how the networks are studied in finance: from stock market networks to banking networks. Finally, the lecture relates the financial networks to systemic risk, which became a very hot topic after the 2007-2008 financial crisis. The transmission and diffusion of financial risk from one institute to another and finally to the whole financial system is what motivates a network approach in modelling systemic risk. Questions such as which institutes are too big or too central to create such a cascading effect and threaten the financial system are key to the research in financial networks.
Digital transformation is happening at a tremendous speed and scale in society at large and in businesses. So, also organizations need to transform in order to cope with the new reality. The lecture discusses the digital transformation of businesses from organizational perspective. How does the digitalization impact business organizations and their strategic outlook? What needs to be done within organizations in order the digital transformation to be successful?
The lecture gives an overview of the digital infrastructure of e-Estonia, what are its main constitutive elements and how active is the usage of digital service within the population. It explores how such a system allows to quickly develop and scale digital public services, both for the public and private sector. The lecture also covers a future outlook of pro-active public services that are designed to offer service to citizens instead of them having to “pull” it from the state, as well as AI and machine learning powered services designed to predict behavior. This will be exemplified with prototypes and working services from different policy domains including taxation, internal security, labor policy and personalized medicine.
Challenges Related to e-Elections by Mihkel Solvak
Estonia was the first country in the world to introduce unlimited remote internet voting in 2005. Nowadays close to 50% of all votes in Estonian elections are given over the internet with the casting of a vote by a typical citizen taking 90 seconds on average. The lecture demonstrates now does such a remote voting system works, who are the typical users and how did the technology diffuse among the voting population. This will be done with showing empirical material on usage patterns over a span of 15 years of internet voting in Estonia. The second part of the lecture will focus on the universal problems with e-enabled elections such as vote secrecy and integrity, resistance to voter coercion, trust in the technology and potential effect of the technology on the election outcome.
In the first part, we exchange ideas about what is organizational culture in the first place and why it should matter for innovation. By looking at the factors affecting organizational culture we learn to predict its innovativeness. Examples of Estonian companies illustrate the theory. In the second part, we dive deeper into habits and practices that innovative organizations have adopted and share participants’ own experience with different companies.
The lecture will start by outlining some key concepts related to corporate social responsibility for safeguarding fundamental rights in business operations. It will explore how the Baltic and Nordic countries meet the respective international standards. The lecture will thereafter move to analyse the challenges originating from digitalization to fundamental rights protection. What are the horizontal and vertical governance models, is it justified to call the large international online companies “new governors”, are the concepts and remedies for human rights protection as we know them from offline world also applicable in online environment?
The additional events of the week will be:
Transfer to Viljandi
The program in Viljandi will be 31 July – 02 August
The events will be: