Success factors in the adaptation process of East German companies

Torsten Wulf and Harald Hungenberg
Additional contact information
Torsten Wulf: Erlangen-Nuremberg
Harald Hungenberg: Erlangen-Nuremberg

Chapter 6 in Transition Strategies, 2002, pp 185-200 from Palgrave Macmillan

Abstract: Abstract Even though the adaptation process of privatized, industrial companies in East Germany seems to have proceeded along a characteristic threephase pattern, this does not mean, that all of these companies have developed in a fully uniform way after 1990. On the contrary, even in the adaptation processes of the seven companies which have been analyzed in more detail in this book diverse differences have emerged. In a study conducted in 1998 Laschke shows that such differences are thoroughly typical of industrial companies in East Germany. In her study Laschke classified 257 East German companies according to the point in time at which they broke even and according to the development of their revenues and employee figures. She found four fairly equal clusters, which she named ‘winners’, ‘rising stars’, ‘latecomers’ and ‘losers’. The first cluster – that of the ‘winners’ – consisted of companies which had become profitable by 1993 already and since then had achieved considerable revenue increases. The second cluster – that of the ‘rising stars’ – comprised companies which had broken even until 1995 and which had experienced increasing revenues from that year on. In 1997, however, these companies had faced a stagnation in growth. Companies in the third cluster, the cluster of the ‘latecomers’, had managed to break even until 1997.

Keywords: Adaptation Process; Transition Strategy; Success Factor; Adaptation Speed; Ring Rolling (search for similar items in EconPapers)
Date: 2002
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-0771-4_6

Ordering information: This item can be ordered from
http://www.palgrave.com/9781403907714

DOI: 10.1057/9781403907714_6

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().