For several decades, the private equity (PE) and venture capital (VC) have been spreading on the international scale and have recently affected emerging countries. The objective of this research is to shed light on the interest of this financing mode for supporting entrepreneurship in these...

Current theories or strategies of entrepreneurship for firms mostly focus on advanced economies and rarely on emerging markets. The ongoing trend of globalisation provides great opportunities for entrepreneurs in emerging markets to engage in the global production chain and to learn technology...

Entrepreneurship is considered as a reliable way to improve a stagnant economy, facilitate economic growth in many developing countries, as well as absorb foreign technology effectively. However, despite the lavish studies on the motivation to become an entrepreneur, a little literature focuses...

This paper integrates the concept of entrepreneurial leadership and capabilities theories with Austrian economics to explain the growth of the firm in emerging economies. It argues that entrepreneurial leadership provides a vision to the development of a new product or an organisation. The...

Emerging market (EM) banks differ from advanced country banks. They may be weaker in some respects but are stronger in others. Neither of these is well understood leading to inappropriate policy. Scale and cross-border exposures for banks in emerging economies are lower compared to advanced...

Poland started political and economic transformation in year 1990. The processes of transformation consist of many different events and movements. One of them was privatisation of economy. The objective of this paper is to present Polish experiences and its results. The text consists of two...

Political economy literature acknowledges the importance of democratic learning and of fiscal rules in preventing politically driven deficits. This paper investigates the role of these factors for the Political Budget Cycles in the ten Central and East European (CEE) countries from 1990 to 2010....

The capital market is an inherent part of market economy. The condition and level of its development reflects the development pace of the economy itself. The range and form of their interaction concerns various aspects, connected both with economic processes as well as financial ones.

Investment processes occurring in the economy are necessary to achieve economic growth. A relatively rapid and long-term economic growth and necessary structural changes in the economy are always connected with allocating considerable capital endowment in investment processes. Accumulation...

The paper focuses on the monetary transmission process in selected Central and Eastern European Economies assuming their future accession to the Euro Area. A sufficient degree of homogeneity between these countries and the Euro Area with respect to economic environment and the reaction to...