Download or read book Barriers to Entry and Growth of New Firms in Early Transition written by Iraj Hoshi and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: inefficient and uncompetitive enterprises especially from the over-grown industrial sector. These initial conditions meant that, in the early stages of transition, the volume of entries and exits will be, by necessity, very high reflecting the large scale changes that had to take place before these economies attain a macroeconomic structure consistent with their level of development and with the needs of a market-based economy open to internationalcompetition. One of the main elements of the reform programme in all economies in transition was the liberalisation of entry conditions. Along with the liberalisation of prices and foreign trade, appropriate measures facilitating the establishment of new enterprises were approved in the very early phase of reforms in all of these countries. The effectiveness of liberalised entry conditions, of course, depends on the presence of appropriate legal and institutional framework in which new firms will operate. The establishment of a conducive legal and institutional environment, however, takes much longer. In practice, new firms come into existence before the rules of the game are properly established. These rules develop gradually and are not always, and everywhere, consistent with the aim of liberalising the entry conditions. The conditions facing new firms, therefore, have fluctuated in some countries in accordance with changes in the political environment and in line with the strength of different lobbies and interest groups.
Download or read book Determinants of survival growth and employment creation in Polish firms written by Wadim Strielkowski and published by Lulu.com. This book was released on 2013-05-09 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: The analysis carried out in this study is based on primary data gathered from Polish SMEs in two selected provinces of Poland. This work presents the research methodology that enables to determine factors of SMEs survival, growth and employment creation. In particular, it identifies the ideological approach selected for the purpose of this research, represented by a positive epistemological approach. Additionally, its purpose is to present the theoretical foundations of SMEs research, state the hypotheses and outline the theoretical model. This book provides an in-depth analysis of the survey results using statistical and econometric techniques and employing STATA statistical package to work with large datasets. The aim of this work is to find and examine the factors that are significant for the success, survuval and growth of Polish firms.
Download or read book Rural micro enterprises in Polish transition written by Wadim Strielkowski and published by Lulu.com. This book was released on 2012-03-05 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an overview of the situation of rural food-processing micro-enterprsies in Polish transition. The results presented in this book cover the period between the fall of Communist regime in Poland and the Polish accession to EU in May 2004. The book's focus and scope are quite unique since as opposed to relatively large literature dealing with micro-enterprises in developing countries it concentrates on rural micro-enterprises in post-transitional Eastern Europe. The book fills the gap in the prevailing micro-enterprises literature dealing predominantly either with first world or third world.
Download or read book Making It Big written by Andrea Ciani and published by World Bank Publications. This book was released on 2020-10-08 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic and social progress requires a diverse ecosystem of firms that play complementary roles. Making It Big: Why Developing Countries Need More Large Firms constitutes one of the most up-to-date assessments of how large firms are created in low- and middle-income countries and their role in development. It argues that large firms advance a range of development objectives in ways that other firms do not: large firms are more likely to innovate, export, and offer training and are more likely to adopt international standards of quality, among other contributions. Their particularities are closely associated with productivity advantages and translate into improved outcomes not only for their owners but also for their workers and for smaller enterprises in their value chains. The challenge for economic development, however, is that production does not reach economic scale in low- and middle-income countries. Why are large firms scarcer in developing countries? Drawing on a rare set of data from public and private sources, as well as proprietary data from the International Finance Corporation and case studies, this book shows that large firms are often born large—or with the attributes of largeness. In other words, what is distinct about them is often in place from day one of their operations. To fill the “missing top†? of the firm-size distribution with additional large firms, governments should support the creation of such firms by opening markets to greater competition. In low-income countries, this objective can be achieved through simple policy reorientation, such as breaking oligopolies, removing unnecessary restrictions to international trade and investment, and establishing strong rules to prevent the abuse of market power. Governments should also strive to ensure that private actors have the skills, technology, intelligence, infrastructure, and finance they need to create large ventures. Additionally, they should actively work to spread the benefits from production at scale across the largest possible number of market participants. This book seeks to bring frontier thinking and evidence on the role and origins of large firms to a wide range of readers, including academics, development practitioners and policy makers.
Download or read book Manufacturing in Transition written by Rick Delbridge and published by Routledge. This book was released on 2005-08-04 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The future of British manufacturing is of immense importance and topicality. As we slide towards a service sector economy based on finance and tourism, it is worth reflecting on whether this is the most appropriate or inevitable scenario. Manufacturing in Transition makes a genuinely interdisciplinary contribution to the debate over the UK's strategy for industrial renewal. Aimed primarily at business, economics and industrial relations students, it looks at the current state of British manufacturing sector within the global economy and asks whether manufacturing matters in the twenty first century. The books explores key issues such as: the chances of renewal * developments in the management and organisation of operations and supply chains * the differences made by Japanese methods This is a timely assessment of the UK's industrial development and makes a major contribution to debates over the industrial strategy and the position of manufacturing within industrialized economies.
Download or read book Asian Businesses in a Turbulent Environment written by T.S. Chan and published by Springer. This book was released on 2016-04-11 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asian Businesses in a Turbulent Environment explores how Asian firms cope with challenges such as globalization, regional conflict, pressure for greater democracy and environmental protection, and the impact that rising above these challenges will have in their growth prospects.
Download or read book Europe s Troubled Region written by William Bartlett and published by Routledge. This book was released on 2007-12-21 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: The breaking up of Yugoslavia hasn't been an efficient clean process to say the least. This book presents a sober comparative analysis of the economic development of the newly formed states since the break up.
Download or read book Barriers to Entry and Growth of Private Companies in Poland the Czech Republic Hungary Albania and Lithuania Part II written by Ewa Balcerowicz and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Free 'Entry' and free 'Exit' are fundamental mechanisms of the competitive market economy operation. Free entry ensures that potential entrepreneurs will take advantage of profitable opportunities and enter profitable segments of the market, increasing competitive pressure on the incumbent firms, lowering output prices and improving the overall allocation of resources. Both free entry and free exit guarantee that more efficient firms and those producing in accordance with the market demand, survive and prosper while inefficient units and those whose production is not geared to the market will contract and eventually embark on exit. Barriers to entry and exit influence the development of competitive conditions in established market economies, however, for economies in transition the freedom of entry and exit has an even more significant dimension. The reason for that are particular 'initial conditions' which the economies inherited from their communist past: massive distortions of the economic structure, highly monopolistic and oligopolistic markets, and a large average firm size. With a collapse of the old regime, transformation of the old economic structure had to take place through the entry of new, market-oriented firms particularly in the undeveloped sectors of the economy and the exit of inefficient and uncompetitive enterprises especially from the over-grown industrial sector. This report presents some outputs of the research project 'The Impact of Barriers to Entry on the Speed of Transition: A Comparative Study of Countries in Different Stages of Transition' (PHARE ACE project No. P95-2047-R), coordinated by Leszek Balcerowicz and done by an international team which included: Ewa Balcerowicz (Poland), Andrzej Bratkowski, (Poland); Irena Grosfeld (France); Iraj Hashi (U.K); Jan Mladek (the Czech Republic); Gediminas Rainys (Lithuania); Jacek Rostowski (Hungary); Miklos Szanyi (Hungary); and Lindita Xhillari (Albania). The main aim of the project was to investigate nature and impact of barriers to entry in five countries at different stages of transition with various development backgrounds and traditions. The study has been based on the experience of new firms in Poland, Hungary, the Czech Republic, Lithuania and Albania - the first three having reached an advanced stage of transition and the latter two having embarked on the transition process later, thus lagging behind the front-runners. The study has focussed on the legal, fiscal and institutional factors which impede new entries and slow down the expansion of new firms in each country. The report consists of two parts. In Part I, Chapter 2 we discuss the interaction between the government's regulatory activity and the entry of new firms into the formal or informal sectors of the economy. Here we highlight the necessity of this important function of the government as well as its undesirable implications such as rent seeking and corruption. In Chapter 3 we consider a framework for the analysis of barriers to entry and growth of new firms, highlighting the main constraints to entry and growth considered by this report. Chapter 4 is devoted to the review of an actual pattern of new firms' entry in the early transition period in the five countries under consideration. Part II reports on the results of our enterprise survey; it is a detailed study of 400 firms in five transition economies. Here we first discuss (Chapter 5) the composition of the sample on which the study is based and then (Chapters 6,7,8,9 and 10) summarize main findings of the study in terms of the relative importance of different barriers facing new firms in each country. Chapter 11 discusses the main policy recommendations of this study.
Download or read book What is the Impact of Increased Business Competition written by Sónia Félix and published by International Monetary Fund. This book was released on 2019-12-13 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies the macroeconomic effect and underlying firm-level transmission channels of a reduction in business entry costs. We provide novel evidence on the response of firms' entry, exit, and employment decisions. To do so, we use as a natural experiment a reform in Portugal that reduced entry time and costs. Using the staggered implementation of the policy across the Portuguese municipalities, we find that the reform increased local entry and employment by, respectively, 25% and 4.8% per year in its first four years of implementation. Moreover, around 60% of the increase in employment came from incumbent firms expanding their size, with most of the rise occurring among the most productive firms. Standard models of firm dynamics, which assume a constant elasticity of substitution, are inconsistent with the expansionary and heterogeneous response across incumbent firms. We show that in a model with heterogeneous firms and variable markups the most productive firms face a lower demand elasticity and expand their employment in response to increased entry.
Download or read book Slavic Review written by and published by . This book was released on 2003 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: "American quarterly of Soviet and East European studies" (varies).
Download or read book International Differences in Entrepreneurship written by Josh Lerner and published by University of Chicago Press. This book was released on 2010-06-15 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Often considered one of the major forces behind economic growth and development, the entrepreneurial firm can accelerate the speed of innovation and dissemination of new technologies, thus increasing a country's competitive edge in the global market. As a result, cultivating a strong culture of entrepreneurial thinking has become a primary goal throughout the world. Surprisingly, there has been little systematic research or comparative analysis to show how the growth of entrepreneurship differs among countries in various stages of development. International Differences in Entrepreneurship fills this void by explaining how a country's institutional differences, cultural considerations, and personal characteristics can affect the role that entrepreneurs play in its economy. Developing an understanding of the origins of entrepreneurs as well as the choices they make and the complexity of their activities across countries and industries are of central importance to this volume. In addition, contributors consider how environmental factors of individual economies, such as market regulation, government subsidies for banks, and support for entrepreneurial culture affect the industry and the impact that entrepreneurs have on growth in developing nations.
Download or read book Doing Business 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-21 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
Download or read book The World Bank Research Observer written by and published by . This book was released on 2003 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Investment Strategies in the People s Republic of China written by Yadong Luo and published by Routledge. This book was released on 2019-05-20 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this volume explores international investment strategies as mainly antecedent decisions about what, when, where, and how a transnational investor should invest in the pursuit of its sustained competitive advantages in the global marketplace. The objective of this book is to provide international managers with conceptual frameworks, general guidelines, governmental policies, and insightful evidence useful for their strategic investment decisions involving the People’s Republic of China, a country which is now the largest emerging economy and the biggest foreign direct investment absorption developing country in the world.
Download or read book The Bulgarian Economy written by Derek C Jones and published by Routledge. This book was released on 2019-01-22 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1997, this volume examines how Bulgaria has been an early starter, but a slow and often erratic mover in the path of stabilization and systemic transition. This book provides a most useful account of the development to date, and of the costs associated with Bulgarian strategy (or lack of), empirical analysis and theoretical reflections, especially in comparison with other transition economies. It will be of great interest to any scholar, official or businessman involved not only with Bulgaria, but more generally with post-communist countries.
Download or read book Business Environment and Firm Entry written by Leora Klapper and published by World Bank Publications. This book was released on 2004 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Using a comprehensive database of firms in Western and Eastern Europe, we study how the business environment in a country drives the creation of new firms. Our focus is on regulations governing entry. We find entry regulations hamper entry, especially in industries that naturally should have high entry. Also, value added per employee in naturally "high entry" industries grows more slowly in countries with onerous regulations on entry. Interestingly, regulatory entry barriers have no adverse effect on entry in corrupt countries, only in less corrupt ones. Taken together, the evidence suggests bureaucratic entry regulations are neither benign nor welfare improving. However, not all regulations inhibit entry. In particular, regulations that enhance the enforcement of intellectual property rights or those that lead to a better developed financial sector do lead to greater entry in industries that do more R & D or industries that need more external finance"--National Bureau of Economic Research web site.
Download or read book Worldmark Encyclopedia of the Nations written by and published by Gale Cengage. This book was released on 2004 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents easy-to-understand information on 200 countries and dependencies from around the world. Entries discuss a variety of topics in detail, from banking and securities to climate, from government data to demographic statistics. Also includes biographical essays on national leaders.
