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Publications
Publications (27)
A new Growth Framework to guide SMEs in their organisational transformation - Transformation Triangle made up of Mindset Transformation, Strategy Transformation and Digital Transformation
What enables and hinders SEM growth?
This study explores the interdependent effects of internationalisation and sources of internal and external knowledge on the level of innovation. We present possible pathways that small innovative Romanian software product provider firms pursue to reconfigure their resources to be competitive beyond CEE. This product provider segment of the softwar...
This paper investigates how low-technology emerging market firms learn in networks during transition to market economy. It argues that while involvement in a variety of network types might enhance firms’ external learning, the ways they learn from their external environment might differ according to network types and characteristics of the inter-or...
An analysis of West Midlands SMEs in the last twenty years and their drag effect on the burgeoning West Midlands economy just before the Covid-19 pandemic.
The R&D and technology issues of relevance for catching up cannot be understood or conceptualized only within the R&D-based growth model. With this motivation in mind, we have created a composite indicator of innovation capacity and performance of the CEECs, as well as of the EU25, which is meaningful from the perspective of countries lagging behin...
This paper investigates which external learning mechanisms in networks contribute to various upgrading types in emerging market firms, and how internalisation of externally acquired knowledge complements external learning. It develops a dynamic model of firm-level upgrading for analysis, where learning in networks is emphasized. Methodologically, i...
This research investigates the dynamics of firm innovativeness in emerging markets. It explores how firms acquire knowledge externally, in what ways existing knowledge base and intensity of effort components of absorptive capacity contribute to the innovativeness of the firms. It also examines the complementarities arising from the favorable intera...
This paper focuses on knowledge-based entrepreneurship, or new firm creation in industries which are considered to be science-based or to use research and development intensively, in the East Central European (ECE) context. On the basis of case studies of thirteen knowledge-based firms in six ECE countries, we suggest that KBE firms in these countr...
The importance of new firm creation in the post-Communist economies of East Central Europe (ECE) has been subject to extensive research. This paper focuses on an area of entrepreneurship which has received relatively little attention in the transition economy context but which is of particular importance for the modernization of the transition econ...
Book description: International Industrial Networks and Industrial Restructuring in Central and Eastern Europe analyses the role of international industrial networks in industrial restructuring and corporate growth in central Europe, Russia and Ukraine. It shows that two distinct patterns of international industrial integration - domestic vs. forei...
Policymakers all over Europe are aware that both the size of the technological gap and available institutional and social infrastructure influence the potential for innovation and hence a country’s potential for productivity and catching-up. What is less well understood, however, is that the extent to which countries can develop capabilities to ass...
In the last decade, the prospect of accession of Central and East European countries (CEECs) to the European Union has given momentum to the discussion of their economic integration into the EU. Thus, academic studies have generally focused on variables at the macro level and are conducted in the light of quantitative methodologies in social scienc...
Videoton is the main contracting manufacturing company in the electronics industry in central Europe. The business model that has been developed through Videoton has greater relevance for understanding the growth of enterprises and the modes of integration of the Central and Eastern Europe into the global economy. It shows that the restructuring an...
Case study of Polish company Elektrim illustrates the changing basis of growth of enterprises between the transition and post-transition periods. Elektrim grew primarily through conglomeration in the transition period. After the exhaustion of this mode of growth Elektrim has started to focus on a few core areas (telecoms, cables, energy). The strat...
Exxon Mobil and ConocoPhillips stock price has been predicted using the difference between core and headline CPI in the United States. Linear trends in the CPI difference allow accurate prediction of the prices at a five to ten-year horizon.
This paper aims at understanding the impact of industrial networks with foreign and other domestic organizations on industrial upgrading of the clothing companies in Poland and Romania over the past decade. The research presented in this paper is based on interviews carried out in ten large clothing companies in Poland and Romania. The paper shows...
The transformation to a market economy for Central and East European (CEE) countries combined with the evolution of the clothing industry across the world have paved the way to the integration of CEE clothing companies into the global production networks (GPNs) of international buyers. Due to proximity advantages and the provision of quality produc...
This paper aims to examine the growth of the firm through external resources and relations in addition to the Penrosian (1995) and Chandlerian (1996) perspective of internal resources and internal organisational capabilities and the dynamic approach as opposed to the static approach. The firm-level case study of Dobrogea SA provides an example of t...
The growth of firms has been dealt with in many ways. Today the clothing firms in developing countries have not much choice than to become involved in the international production networks (IPNs) that have accelerated in the last two decades. However, these networks have provided the supplier firms with considerable knowledge transfer. The extent o...
The transition period in Poland has led to substantial structural changes in many industries. In the late 1990s, the meat industry has experienced influential impacts from foreign investors. The paper analyses the growth of a Polish meat company within this context that supports the fact that the foreign investor has a significant role in the devel...
Book description: The latest wave of European Union expansion has brought many central and Eastern European countries into the fold. Unlike previous enlargements however, the latest new members are also undergoing radical economic reform as they reintegrate into international economy.
This book reviews the changing industrial architecture of the ne...