Industrial Dynamics and Strategy

Learn to effectively make strategic decisions in an ever-changing economy

Are you fascinated by the dynamics of modern economies where entire new industries are being created and existing ones constantly require renewal or are made obsolete? Do you want to understand the role for such industry dynamics of companies such as Google, Tesla and Uber?  Do you want to research and stimulate these dynamic processes and contribute to policy formulation?  Do you want to be part of business start-ups or help companies anticipate, thrive, and innovate? The Industrial Dynamics and Strategy programme provides you with a powerful set of skills, tools and models to make smart strategic decisions and become a true change maker.

Through practical application and rigorous study of theories you will develop solid analytical and research skills and address questions like:

  • Why should firms invest in innovation?
  • Why do competing firms co-locate in clusters?
  • Why do airlines use differential pricing?
  • Why do firms locate in conflict countries?
  • What determines market entry of new firms?
  • What is the role of networks in different stages of industry evolution?
  • How does the industry’s knowledge base change during the evolution of an industry?
  • How do customers provide incentives for innovation?

In addition, the programme enables you to quantitatively and empirically analyse real-life problems in the field and interpret and present findings in a clear and concise way.

Erasmus School of Economics because

This programme is predominantly built on the idea that entrepreneurship and innovation are what make people, firms and industries successful. Here, you will focus on phenomena that pose constant challenges and opportunities, phenomena like new technologies, shifting consumer preferences, economic crises and innovation. In short: a unique programme in the heart of society.

Careers

The Industrial Dynamics and Strategy specialisation gives you the academic and practical preparation to work in a variety of sectors and positions. Do you pursue a career at a consulting company, an international company or a smaller, specialised firm? Or do you want to build your own company? In any case, you will be well equipped for any task at hand. Careers include:

  • Consultant
  • Business analyst
  • Government official
  • Self-employed/business owner
  • (Applied) Researcher
  • Policy maker

"Here, you acquire the knowledge, skills and tools that optimise entrepreneurial and strategic decisions"

Are you an original thinker with proactive qualities? Do economic dynamics, change and innovation excite you? Does the combination of being right where the action is and the quantitative approach towards analysing dynamics appeal to you? Then meet your future fellow-students here.