Venture Survival in a Transitional Economy
研究匈牙利转型经济中影响私营企业生存的因素，发现行业经验、网络活动和战略导向有助于生存，而国企经验、基础设施和差异化策略作用不显著。
Many formerly controlled economies have undergone discontinuous transformations in their approach to markets, institutional environments, and the role of government in economic activity. We study the factors that affect venture survival in a transitional economy through a two-stage study of private ventures in Hungary. We find that ventures survive under uncertainty, even without significant government support. Industry experience, networking activities, and the strategic orientation of the firms predict survival. Contrary to our predictions, SOE experience, access to infrastructure, and differentiation strategies do not significantly differentiate survivors.