Final Reflections: Emerging Market Multinational Enterprises in East Central Europe

Agnes Szunomar, Tamás Gerőcs (), Judit Kiss (), Tamás Peragovics (), Judit Ricz (), Miklós Szanyi (), Tamás Szigetvári (), Katalin Völgyi () and Csaba Weiner
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Tamás Gerőcs: Centre for Economic and Regional Studies
Judit Kiss: Centre for Economic and Regional Studies
Tamás Peragovics: Centre for Economic and Regional Studies
Judit Ricz: Centre for Economic and Regional Studies
Miklós Szanyi: Centre for Economic and Regional Studies
Tamás Szigetvári: Centre for Economic and Regional Studies
Katalin Völgyi: Centre for Economic and Regional Studies

Chapter Chapter 10 in Emerging-market Multinational Enterprises in East Central Europe, 2020, pp 313-321 from Palgrave Macmillan

Abstract: Abstract Although the current status of East Central European (ECE) countries in the process and level of their integration into global business varies, a rather general phenomenon is the exhaustion of the foreign direct investment (FDI)-led development model, at least its dominant version of the 1990s and early 2000s. On the one hand, this is a result of multinational affiliates’ isolated and strongly integrated presence in a strictly designed international cooperation system with no physical contact with local firms to deliver spillovers. On the other hand, even those affiliates that are entangled in the development of local supplier networks deliver spillovers only to a limited level. As a consequence, they are not becoming primary players of innovative local business clusters, while the design of affiliates’ activity range is usually specialized on low value-added segments of global value chains (GVC).

Date: 2020
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DOI: 10.1007/978-3-030-55165-0_10

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