The Evolving Value of Foreign Partnerships in Transitioning Economies
通过研究匈牙利经济转型早期(1993年)和后期(2001年)的合资企业,发现外国母公司的决策影响和资源提供对市场表现和知识获取的作用随转型阶段而变化。
Through studying joint ventures during the early (1993) and late phases (2001) of Hungary's economic transition to market economy, we demonstrate how institutional and economic transformation alters foreign parents' roles in the success of joint ventures. Foreign parent decision influence and resource provision affected market performance and knowledge acquisition differently in the two phases. We conjecture that the value of foreign partner involvement in a transition economy depends in part on the maturity of the transition.