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Internationalization of Firms from Economies in Transition

The Effects of a Politico-Economic Paradigm Shift Edited by Mai Thi Thanh Thai and Ekaterina Turkina, HEC Montréal, Canada
This book provides a detailed analysis of how and why firms from economies in transition internationalize and examines the effects of domestic politico-economic factors on this process.
Extent: 360 pp
Hardback Price: $145.00 Web: $130.50
Publication Date: 2014
ISBN: 978 1 78347 469 1
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  • Business and Management
  • International Business
  • Economics and Finance
  • Development Economics
This book provides a detailed analysis of how and why firms from economies in transition internationalize and examines the effects of domestic politico-economic factors on this process.

Transition economies undergo economic liberalization, which enables market forces to set prices. The economic transition process is usually characterized by significant changes in the role of the state and the creation and promotion of privately owned enterprises, markets and independent financial institutions. With the opening of the domestic economy, and integration into the international economy, domestic firms have an opportunity to explore international markets, which was impossible under previous regimes. This book provides insights into these phenomena and investigates the impact that these changes have had on firm internationalization.

This book is an essential resource for academics and students of strategic management, international business and business studies. It also has significant value for practitioners and policy-makers in that it will highlight important factors in a firm’s politico-economic environment that either stimulate or impede firm internationalization from emerging markets and will discuss important managerial and policy implications.
Contributors: P.D. Aligica, A.R. Anderson, V. Andonova, M. Bahl, P. Berdyshev, M. Brahem, M. Crone, A. Gevorkyan, V. Golikova, M. Gorynia, S. El Harbi, P. Karhunen, R. Kosonen, O. Linchevskaya, D. Makhmadshoev, A.I. Mockaitis, J. Nowak, A. Pobol, D. Pollard, A. Sauka, Y. Shaleva, I. Simberova, M. Slonimska, A. Slonimski, D. Smallbone, V. Tarko, M.T.T. Thai, P. Trąpczyński, E. Turkina, A. Wąsowska, F. Welter, R. Wolniak, E. Zankina, P. Zettinig
Contents:

PART I: INTRODUCTION

1. The Theory of Transition
Mai Thi Thanh Thai and Ekaterina Turkina

PART II: RADICAL REFORMERS: EFFECTS OF POLITICO-ECONOMIC CHANGES ON FIRM INTERNATIONALIZATION
2. State-controlled Multinationals from Transition Economies: Evidence from Poland
Aleksandra Wąsowska

3. The Internationalization of Polish Firms: Evidence from a Qualitative Study of FDI Behavior
Marian Gorynia, Jan Nowak, Piotr Trąpczyński and Radosław Wolniak

4. Country Choice of Manufacturing SMEs in Central and Eastern Europe: The Importance of Foreign Partner Relations and Level of Market Entry
Audra I. Mockaitis and Mona Bahl

5. The Internationalization of SMEs in the Czech Republic – Strategic and Knowledge Development Issues
David Pollard and Iveta Simberova

6. From the Advanced Transition Environment to the International Markets: Key Opportunities and Challenges for MADARA Cosmetics
Arnis Sauka and Friederike Welter

PART III: MODERATE REFORMERS: EFFECTS OF POLITICO-ECONOMIC CHANGES ON FIRM INTERNATIONALIZATION
7. Firm Internationalization in Transition Economies: A Romanian Case Study through the Lens of Public Choice Theory
Paul Dragos Aligica and Vlad Tarko

8. Determinants of Bulgarian Outward Foreign Direct Investment
Veneta Andonova, Emilia Zankina and Yana Shaleva

9. The ‘Foreign Expansion Advantage’ of Firms in Challenging Institutional Environments: The Case of a Russian Firm Entering Different European Countries
Petr Berdyshev and Peter Zettinig

10. Internationalization of Russian Firms as Institutional Arbitrage: The Case of Finland
Victoria Golikova, Päivi Karhunen and Riitta Kosonen

11. Performance of Russian Public Firms in Capital Markets: Two Decades of Transition and Future Outlook
Arkady Gevorkyan

PART IV: SLOW REFORMERS: EFFECTS OF POLITICO-ECONOMIC CHANGES ON FIRM INTERNATIONALIZATION
12. Globalization, Internationalization and the Entrepreneurial Responses of Tunisian Clothing Firms
Alistair R. Anderson, Meriam Brahem and Sana El Harbi

13. Enterprising Families in a Cross-border Context – the Example of Belarus
Friederike Welter, David Smallbone, Anton Slonimski, Olga Linchevskaya, Anna Pobol and Marina Slonimska

14. Exploring the Influence of the National Institutional Environment on SME Exporters: Comparative Evidence from Tajikistan and the Kyrgyz Republic
Dilshod Makhmadshoev and Mike Crone

Index