This paper analyses the emergence of central Europe as a new location for the productionof electronics. The main factors that drive integration in the region into global productionnetworks are also analysed, as well as prospects for upgrading the industry by using networkalignment...

This paper aims at understanding the impact of industrial networks with foreign and otherdomestic organizations on industrial upgrading of the clothing companies in Poland andRomania over the past decade. The research presented in this paper is based oninterviews carried out in ten large...

This paper seeks to outline the innovations strategies that various corporations havepursued in Central Europe over the last few decades. It will examine from a corporateperspective the scope and definition of innovation, highlighting how this has changed intoday’s eclectic ever changing...

The paper summarises some of the key findings of research on the macro and microeconomic effects of FDI, the impact of the MNCs on development, industrial and trade restructuring, and presents a first attempt to draw a map of industrial networks in Hungary. It answers the question whether the...

The depth of industry integration between European ‘West’ and ‘East’ depends on thesimultaneous existence of several factors, which, through mutual complementarities,align global and local networks. This paper takes the case of Asea Brown Bowery (ABB),one of the first large investors in...

This paper presents a case study based on a full dataset related to 31 companies operating in thePolish beer industry during the 1990’s. It discusses the impact of privatisation and of secondaryownership transfers on market outcomes. It confirms the critical role played by foreign...

This paper uses firm-level data on 162 large Hungarian enterprises to analyse the relationship betweenownership structure and corporate performance in 1998 and 1999. Cross-sectional regressions are runfor each of these years using the return on assets (ROA) as the measure of performance. Both...

The paper presents early results of the survey of 84 Polish privatised industrial companies, sampled from a list of the 500 biggest firms. Three aspects of corporate governance were analysed: ownership structure, management of the companies, and supervision structures. An attempt was made to...

Building on the ‘law and economics’ literature, this paper analyses corporategovernance implications of debt financing in an environment where a dominant owner isable to extract ex ante ‘private benefits of control’. Ownership concentration may result inlower efficiency, measured as a...

Videoton is the main contracting manufacturing company in the electronics industry in central Europe. The business model that has been developed through Videoton has greater relevance for understanding the growth of enterprises and the modes of integration of the Central and Eastern Europe into...