WeHave The Future! - Law and Economics for Society

Main Location: H-Farm Ventures, Treviso
Dates: 30th June -25th July 2014

30 students coming from leading international law and business schools gathered in H-Farm Ventures for a month-long journey of discovery and reinvention in Northeastern Italy. They identified, documented and explored the innovative business practices that have ensured the success of “Made in Italy” around the world, and worked together to propose new and disruptive solutions to make Italian business productivity even more stable, growing and global.
Bill Emmott, an experienced international observer and former editor-in-chief of The Economist, launched WeHave The Future! with his analysis of how, over the past three decades, globalization and information technology have led to the decline of old, previously self-sufficient business clusters and the rise of new economic and organizational approaches: platforms that require new languages, methods and inter-connectedness to achieve success in the face of new competition and business models.
The WeHave The Future Summer Program developed with the support of an extraordinary international faculty of experts and a series of in-depth workshops conducted by the participating students along with major companies and organizations in north-eastern Italy. The structure of companies and entrepreneurial ideas, new ways of raising capital, the organization of the business process, the enhancement of creativity and know-how as competitive assets: these are the four main issues that participants and faculty have explored, in pursuit of effective and up-to-date solutions.

Schedule
Week 1 - Corporate Governance in a Family Economy

The Scenario: The intergenerational transfer that is currently taking place in various fields of the Italian economy and society represents a chance for growth and improvement.

The Question: How is current corporate governance culture considered in the international picture and what are its most critical and controversial aspects through foreign investors eyes?

Activities: with the narration of those who made Italian companies international and the academic reasoning of Luca Enriques, Robert Jackson and Norman Bishara, the first days of WeHave The Future! focused on the outlining of a new model for the Italian enterprise going global in the XXI century.

 
  • 9am - 12pm
  • 2pm - 5pm
Monday
  • Program Introduction
  • Case Assignment
Tuesday
  • Made in Italy and Globalization
  • Legal Design Workshop
Wednesday
  • Italian Corporate Governance
  • Legal Design Workshop
Thursday
  • Corporate Transparency for Finance
  • Legal Design Workshop
Friday
  • Corporate Ethics and Charisma
  • Case Study: La Biennale di Venezia
Week 2 - Finance and Markets

The Scenario: The global economic crisis lasting since 2008 and the deep eurozone crisis imposed new pressures on financial institutions, monetary authorities and businesses alike, amid a spiral of deleveraging, credit scarcity for SMEs and new financial regulatory regimes.

The Question: What are the fundamental virtues on which Northeast Italy, and the country as a whole, can count on for designing new financial and operative strategies that could support enterprise development and growth?

Activities: Cynthia Shawamreh, lecturer at University of Chicago Law School and international pioneer in the studies of Islamic Law and Finance, guided students and companies in the creation of financial tools compliant with Islamic principles as connected with the manufacturing economic value.
Representatives of American and Israeli Venture Capital world tried instead to analyze costs and benefits of companies development through innovation realized with investments of risk capital.
The second week then ended with insights on what could be learned from developments in the giant emerging markets of China and India, coming from our participants from those countries.

 
  • 9am - 12pm
  • 2pm - 5pm
Monday
  • Islamic Law and Finance
  • Studio Workshop
Tuesday
  • Venture Capital for Established Companies
  • Studio Workshop
Wednesday
  • Venture Capital for Established Companies
  • Studio Workshop
Thursday
  • Venture Capital for Established Companies
  • Studio Workshop
Friday
  • US Wine Market
  • Studio Workshop
Week 3 - Contracts and Human Capital for Global Business Organization

The scenario: The growth of Italian companies into large-scale organizations has inevitably made it necessary to structure and divide competences, but interdisciplinary and intercultural issues must still be resolved.
Law and regulation can be only tool to disperse business ethics and policies widely throughout companies with a common and understandable language, deeply connecting every production stage with the overall structure and purpose of the company.

The question: How can this possibility be exploited in the most efficient way? Can those who represent the companies embrace the business identity and objectives in strategic negotiations?

Activities: A rich and various group of international professors along with managers carried out an accurate analysis of the strategic use of legal practice inside the companies, through lectures and workshops.

 
  • 9am - 12pm
  • 2pm - 5pm
Monday
  • Strategic Negotiation
  • Studio Workshop
Tuesday
  • Strategic Negotiation
  • Studio Workshop
Wednesday
  • Entrepreneurial Lawyering
  • Studio Workshop
Thursday
  • Human Capital and Business Organization
  • Studio Workshop
Friday
  • Human Capital and Business Organization
  • Studio Workshop
Week 4 - Policies and strategies for the Italian Creativity

The Scenario: Ideas and know-how have always been two fundamental assets of the Italian economy, justifying the praise of Made in Italy around the world.
The digital revolution keeps changing production chains, making the enhancement of human and intellectual capital more and more relevant as key competitive advantages of companies open to the global market, while extending to the now much larger and more dynamic service sector the same sort of assets that in the past have characterized Italian manufacturing.

The question: How has Italian business managed its creativity until now? What are the practical policies that could facilitate future economic growth in a global perspective?

Activities: In the last week of WeHave The Future!, during which students completed and delivered their projects to the companies involved, professors and international experts shared their thoughts about the challenges of the future.

 
  • 9am - 12pm
  • 2pm - 5pm
Monday
  • Manufacturing IP Strategy
  • Venture Creation
Tuesday
  • Fashion IP Strategy
  • Venture Creation
Wednesday
  • Tech IP Strategy
  • Copyright Law
Thursday
  • Tech IP Strategy
  • Future Challenges
Friday
  • Projects Presentation
  • Closing
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