The outward Direct Investment from CEECs: Can their Firms compete in the Global Market

Andreja Jaklič; Marjan Svetličič

doi:10.5771/0949-6181-2003-1-67

Contents
- Chapter Expand | CollapseAuthorsPage
- I–IV Titelei/Inhaltsverzeichnis I–IV
- 5–5 Editorial Kari Liuhto Kari Liuhto 5–5
- 6–110 Articles 6–110
  - 6–25 Outward foreign Direct Investment from Economies in Transition in a global context Kálmán Kalotay Kálmán Kalotay 6–25
  - 26–45 Russian Corporations and Banks abroad Kari Liuhto, Jari Jumpponen Kari Liuhto, Jari Jumpponen 26–45
  - 46–66 Internationalisation of Russia’s Gazprom Andreas Heinrich Andreas Heinrich 46–66
  - 67–83 The outward Direct Investment from CEECs: Can their Firms compete in the Global Market Andreja Jaklič, Marjan Svetličič Andreja Jaklič, Marjan Svetličič 67–83
  - 84–95 The outward foreign Direct Investment from the Baltic States Kaarel Kilvits, Alari Purju Kaarel Kilvits, Alari Purju 84–95
  - 96–110 Internationalisation of Estonian Banking Urmas Varblane, Mart Sõrg Urmas Varblane, Mart Sõrg 96–110
- 111–112 Book Reviews 111–112
  - Markus Berndt (2002): Global Differences in Corporate Covernance Systems: Theory and implications for reforms, Wiesbaden, Deutscher Univ. Verlag Patrick Gräser Patrick Gräser
- 113–116 News / Information 113–116
- 117–120 Guideline for Authors 117–120
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JEEMS Journal of East European Management Studies , page 67 - 83

The outward Direct Investment from CEECs: Can their Firms compete in the Global Market

Autoren

Andreja Jaklič Marjan Svetličič

DOI
- doi.org/10.5771/0949-6181-2003-1-67
- ISSN: 0949-6181
- ISSN online: 1862-0019
Abstract

The article analyses the recent emergence of multinational companies (MNCs) from Central and Eastern European countries (CEECs), especially the Czech Republic, Estonia, Hungary, Poland, and Slovenia. The majority of MNCs from CEECs concentrate their activity regionally, though some global MNCs also exist. Geographical allocation of outward FDI gives evidence that physical distance, cultural nearness and historical ties are relevant in deciding where to invest. Past experience matters a lot, but at least equally important are ambitious plans and constant upgrading of advantages. MNCs from CEECs experienced positive net effect of outward FDI, such as improved market positions, growth of export, higher efficiency, which also enhances their competitive advantages.
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