Print page

The Economic Impact of New Firms in Post-socialist Countries

Bottom-up Transformation in Eastern Europe Edited by Horst Brezinski, Professor of Economics, Technical University Bergakademie Freiberg, Germany and Michael Fritsch, Chair of Business Dynamics, Innovation, and Economic Change, Friedrich Schiller University Jena, Germany
The Economic Impact of New Firms in Post-Socialist Countries analyses the emergence and contribution of new entrepreneurs in the transforming economies of Eastern Europe.

Small firms and new enterprises are widely assumed to play an important role in the process of economic development and transformation. The contributors to this volume investigate how far small and newly founded enterprises have compensated for losses in employment and contributed to economic recovery in Eastern Europe.
Extent: 288 pp
Hardback Price: $155.00 Web: $139.50
Publication Date: 1996
ISBN: 978 1 85898 121 5
Availability: In Stock
$0.00

Buy the E-Book @ paperback price

Join our mailing list

  • Economics and Finance
  • Economics of Entrepreneurship
  • International Business
The Economic Impact of New Firms in Post-Socialist Countries analyses the emergence and contribution of new entrepreneurs in the transforming economies of Eastern Europe.

Small firms and new enterprises are widely assumed to play an important role in the process of economic development and transformation. The contributors to this volume investigate how far small and newly founded enterprises have compensated for losses in employment and contributed to economic recovery in Eastern Europe.

With analysis based on new empirical data, this extensive volume covers the situation in Russia, Estonia, Poland, Hungary, the Czech Republic, Bulgaria, Romania and Slovenia as well as East Germany. Issues covered include attempts to stimulate entrepreneurship, guidelines for successful bottom-up transformation and the prospects for new and small firms in Eastern Europe.

The Economic Impact of New Firms in Post-Socialist Countries will be welcomed for its detailed, empirically-founded discussion of entrepreneurship, micro-level studies of transition, small business economics and comparative economic systems.
‘Summing up, this book is a great collection of reflections on transition in Eastern Europe. It leads to a number of conclusions and recommendations for economic policy.’
– Ryszard Lawniczak, Economic Systems
Contributors: W. Andreff, H. Brezinski, J.R. Davis, M. Fritsch, J. Garland, S. Goglio, M. Keren, E.C. Krupa, K. Lohmann, L. Neal, L.T. Orlowski, K.-E. Schenk, H.G. Schröter, M. Schrooten, W. Swann
Contents: Foreword 1. Introduction: The Scope for Bottom-up Transformation in Post-socialist Countries (H. Brezinski, M. Fritsch) 2. The Role of Entrepreneurship in Economic Systems: Developed Market and Post-socialist Economies (P.D. Reynolds) 3. A Dynamic Evolutionary Perspective on Transformation (M. Keren) 4. Entrepreneurship in Eastern Europe: A Critical View (S. Arzeni) 5. Small Businesses in Russia (A. Chepurenko and A.V. Vilensky) 6. The Development of Science Parks and New Technology-Based Firms in Russia (S. Batstone and P. Westhead) 7. Big Problems of Small Businesses in Estonia (K. Haav) 8. Private Economy in an Etatist Environment: The Case of Romania (G. Hunya) 9. The Small Private Firms in Bulgaria and the Impact of the Economic Reform on their Growth and Future (T. Houbenova-Delissivkova and P. Puchev) 10. The Nature and Performance of Small Firms in Bulgaria (D.C. Jones) 11. Small Firms in South East Europe: The Importance of Initial Conditions (W. Bartlett, P. Hoggett) 12. Poland and the Czech Republic: Privatization from Above versus Privatization from Below or Mass Privatization versus Generic Private Enterprise Building (K.J. Ners) 13. The Entrepreneurial Sector and its Role in Industrial Transformation in East Germany and Poland (H.-P. Brunner) 14. Small Entrepreneurs in the Society of Employees (R. Ruzicka) 15. How to Become an Entrepreneur in East Germany: Conditions, Steps and Effects of the Constitution of New Entrepreneurs (M. Thomas) 16. Businesses Founded in East Germany: Economic Activity and Capital Investment (T. Hinz and R. Ziegler) 17. The Bottom-up Strategy to Transformation: Summary and Policy Conclusions (H. Brezinski, M. Fritsch)