Technology transfer and institutional development in Central and Eastern Europe

The transfer of technology from developed countries to emerging markets has been of central interest to MNCs. This paper examines the problems associated with technology transfer in the context of Central and Eastern European countries. Contrary to a common perception of the region, we argue that different country institutional characteristics are determinants of technology transfer. By outlining the recent socioeconomic changes in the region, we consider the adoption of essential market institutions and the specific norms of regional integration with the European Union as these most important determinants. The paper concludes with the overview of potentially successful technology transfer strategies for MNCs interested in investing in the countries of Central and Eastern Europe.

[1]  D. Teece.  Technology Transfer by Multinational Firms: The Resource Cost of Transferring Technological Know-How , 1977 .

[2]  R. Nelson.  National Innovation Systems: A Comparative Analysis , 1993 .

[3]  Giovanni Dosi,et al.  Hierarchies, markets and power: Some foundational issues on the nature of contemporary economic organizations , 1995 .

[4]  John Child,et al.  Managerial Learning in the Transformation of Eastern Europe: Some Key Issues , 1996 .

[5]  D. North.  Institutions, Institutional Change and Economic Performance: Economic performance , 1990 .

[6]  Slavo Radosevic,et al.  International technology transfer and catch-up in economic development , 1999 .

[7]  Jean‐Marie Grether,et al.  An argument for deregulating the transfer of agricultural technologies to developing countries. , 2000 .

[8]  Robert S. Harris,et al.  The Role of Acquisitions in Foreign Direct Investment: Evidence from the U.S. Stock Market , 1991 .

[9]  Mike W. Peng,et al.  The Growth of the Firm in Planned Economies in Transition: Institutions, Organizations, and Strategic Choice , 1996 .

[10]  Aldo Rustichini,et al.  Vintage capital, investment, and growth , 1991 .

[11]  Tony Cox,et al.  The Development and Impact of Marketing Capabilities in Central Europe , 2000 .

[12]  B. Kogut,et al.  Knowledge of the firm and the evolutionary theory of the multinational corporation , 1993 .

[13]  Martin Fransman,et al.  Technology and economic development , 1986 .

[14]  M. Porter.  The Competitive Advantage Of Nations , 1990 .

[15]  David Stark.  Recombinant Property in East European Capitalism , 1996, American Journal of Sociology.

[16]  Henry Chesbrough,et al.  The Organizational Impact of Technological Change: A Comparative Theory of National Institutional Factors , 1999 .

[17]  R. Whitley,et al.  Institutional Transformation and Enterprise Change in an Emergent Capitalist Economy: The Case of Hungary , 1998 .

[18]  János Kornai,et al.  The Socialist System , 1992 .

[19]  T. Palva,et al.  Pages 1-19 , 2001 .

[20]  D. North,et al.  Economic performance through time , 2012 .

[21]  A. Coughlan,et al.  International Market Entry and Expansion via Independent or Integrated Channels of Distribution , 1987 .

[22]  Paul W. Beamish,et al.  Equity Joint Ventures and the Theory of the Multinational Enterprise , 1987 .

[23]  I. Nonaka.  A Dynamic Theory of Organizational Knowledge Creation , 1994 .

[24]  Stephen J. Kobrin,et al.  AN EMPIRICAL ANALYSIS OF THE DETERMINANTS OF GLOBAL INTEGRATION , 1991 .

[25]  C. Hill.  International Business: Competing in the Global Marketplace , 1996 .