Investing in Poland and the Czech Republic: The experience so far

Knight, K. G. (Ben) and David Webb

European Management Journal, 1997, vol. 15, issue 3, 326-333

Abstract: This paper by K.G. (Ben) Knight and David Webb evaluates the experience of UK companies who have invested in central Europe in the 1990s. Most firms are attracted by the opportunity of new, large and expanding markets rather than just the chance to employ low-cost labour. Most report positively about their experience so far, though particular problems have arisen, most of which are the legacy of the former command economy structure and reflect the difficulties in operating in a rapidly changing business environment. Difficulties with inexperienced local partners, with well motivated but poorly trained labour and with local bureaucracy are particularly important.

Date: 1997
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