• Einführung in die Gründungsfinanzierung.
• Modelle der Gründungsfinanzierung.
• Funktionsweise und Bedeutung verschiedener Finanzierungsmöglichkeiten.
• Venture Capital als besondere Finanzierungsquelle.
• Finanzplanung.
• Steuern bei Unternehmensgründungen.

Die Modulnote setzt sich zu 70% (90min) aus der schriftlichen Prüfung der Lehrveranstaltung Gründungsfinanzierung und zu 30% (30min) aus der schriftlichen Prüfung Steuern Gründungsbesteuerung zusammen.

In the preliminary study, the dissertation project in the form of a research plan as well as the methodical approach are to be described (see Definition / Einreichung).

In the colloquium on the preliminary study the doctoral students present their dissertation project and justify their approach.

The advisor and the co-advisor make a decision about accepting the preliminary study and recommend a grade assignment.

The preliminary study and the colloquium on the preliminary study are passed if the grade assignment is at least a 4.0.

This module aims at fostering professional competences (see chapter 1.2). In particular, an overview on theories of the firm is given in order to provide students with a profound background for better understanding the various current topics of their discipline.

The set of theories dealt with in the course will continuously be reviewed and adapted. So far, the following theories of the firm are considered to be particularly relevant for all three doctoral programs currently being offered by the graduate school:

• Introduction to the Theory of the Firm (Prof. Dr. Stefan Güldenberg)
• The Nature of the Firm and the Problem of Social Cost (Ass.Prof. Dr. Tanja Kirn)
• Agency Theory (Prof. Dr. Marco Menicetti)
• Property Rights and Contractual Theory (Prof. Dr. Martin Wenz)
• A Behavioral Theory of the Firm (Prof. Dr. Antoinette Weibel)
• Resource-based Theory of the Firm (Prof. Dr. Christian Marxt)
• Knowledge-based Theory of the Firm: (Prof. Dr. Stefan Güldenberg)
• Information Processing Theory (Prof. Dr. Jan vom Brocke)

Lecture; self-study; presentation and paper by students

• Basic understanding of the fundamental research questions connecting to the existence and boundaries of organizations
• Basic understanding of the different approaches which try to explain the existence and boundaries of organizations from various perspectives
• Basic understanding of the underlying assumptions of these approaches

Students will be able to:

• gain an overview about various theories of the firm and their history
• critically review and discuss different theories of the firm
• apply theories of the firm as guiding theoretical framework to own thesis topic and research questions

Buckley, P.J.; Michie, J. (eds.) (1996): Firms, Organizations and Contracts: A Reader in Industrial Organization, Oxford/New York Oxford Management Readers

The students will bef assessed in this module through:

• paper (5000 - 7000 words)
• Presentation of paper

This course is designed to give first year PhD Students an aid for their academic endeavour. Just like in Research Design, the focus lies on methodological competences (see section 1.2). At the same time, however, this course also aims at techniques rather than design strategies. The objective is to provide core compentences on how to craft a scientific text properly. Due to the concept of peer-monitoring applied in this course also social competencies will be trained.

During the first year students will be working on their academic writing style, they will be made familiar with normative writing styles and ways to publish tackling various kinds of genres, and they will help and learn from each other through peer-monitoring activities. As a base sample texts will be used and the texts students will be producing will be worked on. The course is built on four pillars:

• Text Coaching:
  How to write academically: spelling, grammar, academic vocabulary, numbers, abbreviations, tables, figures, etc.
• Knowledge Management:
  Working with databases, literature management softwares, etc.
• Publishing:
  How to write and publish various genres: abstracts, research papers, articles, data commentaries, reviews, project proposals, formatting, etc.
• Peer-Mentoring:
  Giving and receiving feed-back, presenting and reviewing, considering peer-feedback, joint writing activities, etc.

During the course, students will maintain a blog which they will be feeding with weekly entries about their research activities and they will comment on two other PhD Students' blogs. This way, they will structure their thoughts and ideas and it will stimulate transparency and exchange about what they individually and what peer-students are working on. This will help learning how to give and receive feed-back, and it will be monitored by supervisors helping in giving individualised feed-back.

At the end of the course students will hand in a portfolio containing all the texts they have written and the blog entries and comments they will have made.

During the course, plenary speakers will be invited from various fields organising a workshop with students on particular issues of academic writing in genre-specific areas.

Workshops, one-on-one and think-pair-share sessions, individual and guided e-learning.

Students will be acquainted with principles of academic writing, normative writing, publishing, and peer-mentoring.

By the end of the course they will be able to make use of academic vocabulary, they will be able to discuss texts, tables, charts, and figures, they will be and they will be sensitised about their personal and academic command of the English language.

They will be familiar with reference management systems, working with databases, formatting written texts, and academic values.

They will know principles of certain academic genres, like abstracts, research papers, articles, data commentaries, reviews, project proposals, etc.

They will be able to give and consider peer-feed-back, present and review, and they will be able to carry out joint writing activities, etc.

• Bailey, S. (2006) Academic Writing. A Handbook for International Students, Lond, New York: Routledge.
• Huff, Anne (1998) Writing for Scholarly Publication, London (et al.): Sage.
• McCarthy, M., O'Dell, F. (2008) Academic Vocabulary in Use. Cambridge: Cambridge University Press.
• Swales, J., Feak C. (2004) Academic Writing for Graduate Students, University of Michigan Press.
• Turabian, K.L. ( 2007) A Manual for Writers of Research. Papers, Theses, and Dissertations. Chicago, London: Chicago University Press.

Assessment modalities split up into the tree parts "Text Discussion" (1), "Participation in Discussions" (2), "Regular Blog Updates" (3).

The parts are specified as follows:

1. Text Discussion:
Each participant engages actively into a 45-minute-text-discussion-phase about a text of a fellow student; Each participant delivers a text to be discussed jointly.

2. Each participant must at least take part into the discussion of five texts.

3. Each participant must blog once a week and deliver at least two peer-feedbacks on other fellow students' blogs once a week.

This module helps the student to further broaden and intensify his knowledge and methodological skills needed for his dissertation.
This module could focus on Banking, Finance or Taxation.

Lecture or seminar or self-study, possibly combined with preparation and presentation of a paper.

Based on lectures offered on the master's level, this module helps to enable the student

• to further intensify the existing knowledge and methodology needed for the dissertation project.
• to independently develop a research concept for specific research questions.
• to develop, analyze and synthesize new complex ideas,
• to develop the scientific and/or cultural progress for an academic or non-academic environment.

Students will be able to:

• Have an advanced and intensified overview on specific topics needed for the dissertation project.
• Develop their own research project.
• Apply the methodological structures of these specific topics for their dissertation project.

• Cochrane, J. (2001). Asset Pricing. Princeton: Princeton University Press
• Specific articles and books on Empirical Finance

The students will be assessed in this module through:

• competitive selection process of the research seminar
• specific mechanisms of the research seminar

Module availability:
On application at an internationally renown PhD program, such as organised e. g. by London School of Economics, University of Constance, Zürich, St. Gallen, Innsbruck.

This module aims at supporting methodological competences of knowledge discovery and creation. In particular, students will be given an overview of different research strategies and research methods to broaden their expertise and to assist them composing their own tailored research design.

The subjects that are likely to be covered include:

• Research Design
• Analytical and Experimental Evaluation of Research
• Survey Research
• Qualitative Methods
• Case Study and Action Research
• Mixed Methods Approach
• Design Science Research
• Theory Building
• Literature Review

self-study; presentation and paper by students

• Basics in research design, hypotheses and their verification, the role of theory and the concept of causality.
• Basics in quantitative and qualitative methodology and mixed focuses.
• Basics in observational and experimental methodology.

Students will be able to:

• gain an overview about currently used empirical methods
• review and qualify empirical articles from a diversity of fields
• choose the right design for their thesis

A reader and/or corresponding handouts will be distributed via the forum. The following book covers most of the subjects in the course:
J. Bortz and N. Döring (2006). Forschungsmethoden und Evaluation für Human- und Sozialwissenschaftler (4. Auflage). Berlin: Springer

The students will be assessed in this module through:

• paper (3000 words)
• presentation of paper

This module serves manifold competences (see section 1.2): As a doctoral consortium it aims at deepening both, methodological and professional research skills of the students. In addition, it is designed to foster the international profile of their work.

By means of submitting their work to an internationally reknown doctoral consortium the students learn how to position themselves in a highly competitive environment.

Since successful applications are invited to be discussed by a selective academic committee the doctoral consortium also serves to further develop the communicative and social competences of the students.

Students' participating in a doctoral consortium arranged in the context of an internationally well-regarded information systems conference, therein share both the main contents of and progress in their own researches. Moreover, they benefit from listening to the other students' experiences and results and receive valuable feedback of the consortium chairs and student participants.

Students will be assisted by lecturers of the Institute of Information Sysetms at the University of Liechtenstein in preparing their proposal and application for the coctoral consortium. Accepted students will take part in the consortium. Also a reflection of the lessons learned at the consortium together with the lecturers at Liechtensetin is part of the module.

The primary objective of the doctoral consortium is to present and defend the PhD students' research in a competitive and international scientific environment.
Research Design, Theories of the Firm, Research Methods in Information and Process Management Science

The students will be assessed in this module through:

• Competitive Selection Process of the docotral consortium
• Research paper submitted to the doctoral consortium
• Assessment by the Professors discussing the proposal at the doctoral consortium

Module availability:
On application at an internationally renown doctoral consortium, e. g. at ICIS, International Conference on Information Systms; ECIS, European Conference on Information Systems; AMCIS, American Conference on Information Systems or ACIS, Australatian Confernece on Information Systems.

• Bedeutung von Open Innovation in einer globalisierten Wirtschaft.
• Strategisches Technologiemanagement in incumbent firms
• Opportunity recognition in technologieorientierten Unternehmen
• Produktentwicklung und Prototyping.
• Ursprung und Umsetzung von Innovationen (von der Idee zum Produkt).
• Funktionsweise von Innovationsteams.
• Technologien und Unternehmensentwicklung.
• Innovation und Unternehmensgründung.
• Intellectual Property Management (Schutzformen für geistiges Eigentum).

Marketing in Theorie und Praxis
Informatik im Treuhandwesen
Kamingespräch zu aktuellen Problemen des Treuhandwesens

Erwerb der fachlichen Kompetenz in den Bereichen Marketing sowie Informatik im Treuhandwesen. In den Kamin-gesprächen sollen aktuelle Problem-/Siutationsbereiche des Treuhandwesens aufgegriffen werden. Befähigung zum Erkennen entsprechender Fragestellungen und deren Umsetzen in der betrieblichen Praxis. Einbezug aktueller Pro-bleme des Betriebes von Treuhandunternehmen vor dem Hintergrund sich ändernder sozialer Rahmenbedingungen.

Marketing 50 %
Informatik im Treuhandwesen 50 %

Zum erfolgreichen Bestehen des Moduls ist eine Mindestnote von 4.0 erforderlich. Zusätzlich müssen 80% der zu absolvierenden Einzelprüfungen eines Moduls mindestens mit der Note 3.5 abgeschlossen werden.

• Strategic, Dynamic and Tactical Asset Allocation
• Active Portfolio Management
• Asset Allocation, Investment Horizon and Risk Measurement
• Performance Measurement and Output Evaluation
• Discussion of the Methods of Individual Selected Journal Contributions
• Introduction to Life Insurance, Occupational Pensions and Pension Funds
• The Role of Life Insurance in Estate Planning
• Location Advantages in Liechtenstein for the Life Insurance and Pension Fund Market
• Selected Annually Changing Theoretical Questions on Wealth Management

Interactive lecture, exercises, seminar

After completion of the module, the students have at their disposal comprehensive and integrated knowledge of most core issues in wealth management and have a critical understanding of the majority of the utilised procedures and methods. They have at their command specialised knowledge of professional methods for processing data and illustrating it in a well-structured manner. They are able to show originality and creativity in the application of their knowledge and take into consideration scientific and ethical issues in the face of incomplete information. The students are able to communicate on the subject of wealth management with experts and laities and thus reflect and enlarge upon their knowledge and methods.

• Written examination with 120 minutes editing time
• Term paper
• Presentation
• Obligatory class participation

Web-based online evaluation upon completion of module