Implications for companies in economies in transition

Torsten Wulf and Harald Hungenberg
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Torsten Wulf: Erlangen-Nuremberg
Harald Hungenberg: Erlangen-Nuremberg

Chapter 7 in Transition Strategies, 2002, pp 201-205 from Palgrave Macmillan

Abstract: Abstract The aim of this book was to extend our knowledge on the adaptation process of single companies in economies in transition. For this purpose, the development of seven selected East German companies has been described in detailed case studies which were presented in chapters 3 and 4. These case studies have shown that the development of all seven companies was marked by unique episodes and specific measures. Nevertheless, some striking similarities in their adaptation processes occurred, too. As a matter of fact, all seven companies followed a very similar three-phase adaptation pattern which has been described in chapter 5. Some companies, however, managed to follow this pattern faster and became competitive earlier than others. A number of different success factors which were supposedly responsible for this higher adaptation speed were presented in chapter 6.

Keywords: Adaptation Process; Transition Strategy; Eastern European Country; Orientation Problem; Legal Certainty (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-0771-4_7

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DOI: 10.1057/9781403907714_7

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