Authors: Calin Gurau
Addresses: GSCM – Montpellier Business School, 2300 Avenue des Moulins, 34185 Montpellier, France
Abstract: By the beginning of the 1990s most of the CEE countries were openly welcoming foreign investors by offering political and economic incentives. As a result of these political initiatives a series of joint ventures have been created between foreign investors and local entrepreneurs. Most of these international joint ventures were small in size and were experiencing many internal and external challenges. Using a case study approach this study investigates functioning of small Romanian-Italian joint ventures in Romania, one of the CEE transition economies which experienced a complex economic and social evolution in the 1990s.
Keywords: entrepreneurship; Central and Eastern Europe; joint ventures; entrepreneurial strategies; Romania; Italy; foreign investment; CEE; transition economies.
International Journal of Business and Globalisation, 2009 Vol.3 No.1, pp.81 - 93
Published online: 30 Nov 2008 *Full-text access for editors Access for subscribers Purchase this article Comment on this article