Journal for East European Management Studies

Interweaving of the Sources and Forms of a Firm's Competitive Advantage: A Critical Review of the Adequacy of Existing Schools of Thought

The paper examines how the sources and forms of competitive advantage interweave and what does this mean for the existing theory on competitive advantage. We found out that all sources of competitive advantage should be classified into external and internal category. Consequently, we believe it is reasonable to discuss only two schools, i.e. the 'internal' school based on resources, capabilities and knowledge and the 'external' school based on the industrial organisation. The relation between...

Consequences of Convergence - Western Firms' Fdi Activities in Central and Eastern Europe at the Dawning of Eu-Enlargement

Comparing all kinds of market entry, foreign direct investment (FDI) appears to be the most appropriate mode of foreign market. So called Market seeking FDI can be differentiated into those activities primarily aiming to realise psychic market proximity and into those activities mainly undertaken to realise physical market proximity. This differentiation is crucial because the number of FDI activities primarily done for reasons of psychic market proximity could decrease due to changes taking ...

Editorial

Employment Restructuring in Polish Companies During Economic Transition: Some Comparisons with Western Experience

This paper summarizes the results of a survey of downsizing practices in 90 Polish manufacturing companies. Unlike Russia, where very few employment reductions have been carried out, downsizing in Polish companies is pervasive and appears to be accelerating. The factors that drive downsizing in a transition economy like Poland are not the same as those in the west. Nonetheless, the results of this study indicate that downsizing in Poland has had mostly beneficial effects on company functionin...

The Differences in the Interactive Modification of Interaction Between Target Groups and Personnel Management Tools

The harmonisation of Bulgarian and foreign entrepreneurs' concepts for personnel management is part of Bulgaria's process of transition to free market economy. On the one hand this is possible provided that Bulgarian entrepreneurs get familiar with the practices and experience of their European counterparts. On the other hand foreign investors could be more successfully attracted if they are motivated enough to actively do business in Bulgaria. The research focuses on the differences in polic...

Book Reviews

Angela Ayios: Trust and Western -Russian Business Relationships, Aldershot: Ashgate 2004

Trust and Western-Russian Business Relationships, by Angela Ayios, is reviewed.