Foreign subsidiaries of multinational companies are suggested as one of the main channels of technology transfer to less developed economies. In Central East Europe their presence proved to be a decisive factor to economic restructuring and development. This volume is a unique guide to theory, method of research, and empirical evidence, for technology transfer via foreign subsidiaries of multinational companies. It combines the merits of a core text on technology transfer via FDI with up-to-date empirical evidence.

This title was first published in 2003. Covering a diverse range of countries such as Bulgaria, the Czech Republic, Hungary, Poland, Slovakia, Slovenia and Russia, as well as referring to the characteristics of the region as a whole, this book examines the inflow and outflow of foreign direct investment from both home and host company and country perspectives. By analyzing foreign direct investment in terms of process, content and context, the book provides a holist approach towards direct foreign investment in the transitional context of Central and Eastern Europe, embracing both macro- and micro-economic perspectives of the process.

Foreign direct investment (FDI) assumed a prominent role in Central East Europe (CEE) early on in the transition process. Foreign investors were assigned the task of restructuring markets, providing capital and knowledge for investment in technologically outdated and financially ailing firms.

An excellent analyses of the effects of EU enlargement on capital markets in the most advanced countries of Central and Eastern Europe and Russia. It also investigates the EU's impact on the interactions between Eastern and Western capital markets. The study is particularly useful for financial analysts, institutional investors and academic researchers who are interested in the economic and institutional developments of capital markets in CEE countries.

The Russian Federation has a history of more than twenty years of transformation to a market economy, but as well to a knowledge society, to look back on. This study takes a look at the knowledge generation, knowledge transmission and knowledge use inside the Federation since the early 1990s. Furthermore, in light of the high dependence of the Russian economy on the oil and gas sectors this study analyzes the impact knowledge related factors have on regional income generation following thereby in the direction of Schumpeterian growth theory. The study combines descriptive with empirical analyses to paint a picture as detailed as possible of the Russian knowledge society and its innovative potential. ​

This book uniquely applies the Schumpeterian innovation policy perspective to the countries of Central and Eastern Europe (CEE). A broadly defined framework of the science, technology, innovation and growth system underpins the empirical and conceptual analysis of the critical issues including demand, FDI, finance and education. Specifically, the expert contributors address the (in)capacity of CEE to play a more significant role in the knowledge-based competitiveness of the EU. They question whether it is possible to bolster this capacity with innovationtechnology- industry-specific policies, and discuss the changes required at EU and individual country levels to remove sector- and industry-specific obstacles to greater competitiveness based on innovation. Policies are analysed from the perspective of growth, and the conclusions drawn are relevant to education, the labour market and competition policy. This highly original, explicit and systematic study will prove an illuminating read for academics, researchers, students and policy makers focusing on a range of areas including economics, heterodox economics, European studies, technology and innovation.

Decentralisation is changing the face of South East Europe. This book provides practical analysis of the devolutionary measures reshaping post-Communist economies. Using case studies from Croatia, the former Yugoslavia, Albania and more, this collection offers valuable insights into political and fiscal redistribution.

Countries create different type of incentives for foreign firms, such as; direct incentives/subsidies, tax relief, soft loans and preferred handling. This volume aims to analyze the impact of European Union on inward foreign direct investment in Europe and to discuss what type of effects are being created by this race for FDI.

The Soviet Union and Eastern Europe are moving away from a centrally planned economy toward integration within the global economy. How did this transition begin? Is this an aim which all the countries can afford? What conditions are to be met so that the countries will achieve a level of development comparable with the average level of their industrial partners? In this 1992 volume, leading international political economists from both the East and West provide an in-depth analysis of these questions. The contributors assess how the transition to the market requires liberalizing foreign trade, introducing convertibility, and transforming property structures, all of which are also part of the ongoing domestic reform. They also examine how these countries overcome their development lag and implement a restructuring policy.

This book analyzes and assesses corporate restructuring and governance in transition countries focusing on the Czech Republic, Hungary, and Russia. Using original material and publications in local languages, the book addresses the core issues for these countries in transformation into competitive market economies.