The internationalization process model suggests that firms internationalize by building positions in foreign markets and networks, following iterative cycles of learning and changes in commitment. However, as subsidiaries evolve, commitments may be decreased as well as increased, a phenomenon...

Foreign investors access local knowledge by co-locating with other foreign direct investment (FDI) firms. However, different aspects of local knowledge can be obtained from different local businesses. Thus some foreign investors co-locate with FDI firms from the same country of origin, while...

Foreign investors influence the transition in Central and Eastern Europe in particular through their impact on the enterprise restructuring in the region. In addition to corporate governance and financial and managerial resources, they bring Central European firms into the networks of...

During the Cold War, Western and Eastern Europe experienced a different economic development that resulted in different industrial structures and a huge gap of real wages. When the Iron Curtain fell, there was widespread expectation that low wages in the East would motivate Western businesses to...

State-owned (SO) enterprises are subject to more complex institutional pressures in host countries than private firms. These institutional pressures arise from a weak legitimacy of “state ownership” in some countries, which arises from a combination of ideological conflicts, perceived...

Leveraging knowledge from geographically disparate subsidiaries is a crucial source of competitive advantage for multinational corporations (MNCs). This study investigates the determinants of knowledge transfers to and from newly acquired subsidiaries in three transition economies in Central and...

Hungary has been the focus of Lyles and Salk (1996) because their research interest, organisational learning, was of particular concern in joint ventures in that country at that time. This allowed them to investigate in greater depth what drives knowledge acquisition, and how it influences the...