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The empirical relationship between competition intensity and the rate of productivity growth across 30 sectors of the … competition for each sector, defined by the price markup that maximises the growth rate of hourly labour productivity. As there is … follows that sectors with high technical progress require higher markups to maximise their labour productivity growth rate …
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Entrepreneurial cooperation between industrial and developing countries has gained in significance during the past decade, both in practice and in academic discussion. To what factors can this trend be attributed? What forms of cooperation are available? Where do the opportunities and risks lie?
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China is showing interest in joint ventures in the oil, coal and nonferrous metals sector, in electricity generation, steel and building materials production, in the mechanical engineering, textile and electrical industries, in the transport sector and in the hotel trade. Our article gives an...
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Many developing countries see in joint ventures a convenient means of pursuing their economic development in their own way without forgoing the benefits to be derived from foreign investment capital and know-how. The following article presents some of the findings of an empirical study by the...
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International joint ventures are progressively growing more important in LDCs. However, their activvities frequently lead to conflicts between such countries’ overall economic objectives and the aims of business management.
Persistent link: https://www.econbiz.de/10011570554
Yugoslavia laid the legal foundations for capital investments by foreign firms in 1967. It was the first socialist country to permit foreign investments and apart from Roumania and Hungary is still the only one which has done so. Prerequisites have thereby been provided for very close relations...
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