Management In Transitional Economies

Based on extensive research, this comparative study examines the past, present and future of management in the transitional economies of East and Central Europe, Russia, the People's Republic of China, and Vietnam. It discusses the nature of the transition process, identifying different transition paths, highlighting common features and outlining useful theoretical approaches. Each chapter covers a wide range of aspects of management in the countries covered, including details of the historical and cultural background, the transition process, and both external and internal factors, and the macro and micro situation. Its multidisciplinary approach, makes this book suitable for both a practitioner and an academic readership

​This book presents the reader a comprehensive understanding of the development of family business in transitional economies. Throughout eastern Europe, post-Communist countries transitioning to market-based economies are obtaining a variety of results due to diverse policy approaches. Expert contributions in this book draw from a wealth of information in this context and include thought-provoking policy prescriptions for the future. This book concentrates on the challenges to predict the direction emerging markets will take, particularly when dealing with the wide-ranging social and economic situations taking place in post-Communist Eastern Europe. This reference volume for policymakers, educators, investors, and researchers also provides a much-needed and timely survey of family firms in the transitioning markets of post-Communist Europe.

The work is a practical examination of fundamental strategic issues confronted by firms competing in newly opened markets. It covers emerging markets in East Asia, Central and Eastern Europe and the new states of the former Soviet Union.

This book investigates the concepts and instruments for managing change in companies striving towards a market orientation in transition economies. The focus is on the identification of factors, which have led to the considerable success of certain corporations, in spite of the very dynamic environment in transition countries since 1989. The analysis considers problems and solutions for all the relevant stakeholder relationships. Although the case study is largely based on Poland, the book also contains research on the economic, political and social context of doing business in Central and Eastern Europe.

China’s 30-year market transition and its integration into the world economy provide a unique opportunity for exploring the nature of large-scale economic and political transformation and the mechanisms underlying organizational behavior during such a transition. Management and Organizations in Transitional China explores how managers and firms cope with transition-related challenges by adapting to, manipulating, or even creating the complex institutional environment. This book examines the way transitional institutions shape individual decisions and organizational strategies, the mechanisms that promote the diffusion of innovative management practices and economic policies, and the formation and evolution of interfirm networks. Based on a comprehensive review of the studies on market transition, this book investigates how firms manage their relationship with important stakeholders in the environment. It highlights the importance of network-based strategies for institutionally less-advantaged actors (like private firms, foreign entrants, and entrepreneurs) to establish legitimacy, gain institutional support, and mobilize financial resources. Moreover, this book studies the mechanisms that facilitate the adoption of innovative management practices and economic policies in the transitional context, comparing the mainstream diffusion theories and evaluating the relative potency of the diffusion drivers. Furthermore, Management and Organizations in Transitional China provides empirical analyses using longitudinal data of alliance formation, network evolution, and the effect of both alliance formation and network evolution on firm decision-making and performance. Combining theory, data analysis, and rich contextual description to provide a comprehensive understanding of the organizational transition process, this book will appeal to scholars and practitioners in general management, organizational studies, international business, entrepreneurship, and related disciplines.

Economic Transition and International Business brings together academic experts in International Business and sheds new light on the international phenomenon of transitions in the worldwide economy. It includes both academic investigations as well as in-depth empirical studies. The purpose of the book is to investigate how international transitions reshape the environment, as they reallocate and renew activities, and create new strategies for actors and stakeholders. It provides essential insights into a number of contextual changes that organisations are facing internationally, and is structured around three complementary themes. In the first part, recent economic and financial crises are analysed and presented as revealing transitions for the business world. In the second part, the impact of these transitions is assessed at the level of various key economic players in today’s societies (states, business networks, companies, associations, etc.). In the third part, certain decision-making and managerial transitions are retained to illustrate the new deal linked to international transitions. This book is recommended reading for scholars and students in management and economics, as well as international business managers. They will find insightful information, either theoretical or practical, including various countries impacted by socio-economic transitions.

This volume is a practical guide that helps the reader build a quick, evidence-based understanding of green-growth strategies and challenges. Its cogent analysis of real-life case studies enables policy makers and company executives identify successful strategies they can adopt, and pitfalls they can avoid, in drafting and implementing green growth policies. The contributors’ empirical assessment of these studies identifies the structural conditions required for economic growth to be compatible with environmental sustainability and how the transition to a new economic paradigm should be managed. A crucial addition to the debate now beginning in earnest around the world, this volume attempts to understand how we can nurture a new-born model of sustainable growth and help it evolve to maturity.