Piotr Trąpczyński

Internationalization of Polish Firms via Foreign Direct Investment: A Multiple-Case-Study Approach

Outward foreign direct investment (OFDI) of Polish firms on a significant scale is a very recent phenomenon. Although it emerged in the second half of the 1990s, only the 2000s saw its rapid growth with the average annual outflow between 2005 and 2010 amounting to US

Dynamik internationaler Markteintrittsstrategien – Die Interaktion von Risiko-Potenzial-Bewertungen am Beispiel pharmazeutischer Unternehmen

6.5 billion, with a peak of US

The Impact of the Global Economic Crisis on the Performance of Industries and Firms in Poland. Does Internationalisation Matter

8.9 billion recorded in 2006 (UNCTAD, 2011). As a result of the increase in OFDI, the gap between inward and outward foreign direct investment (FDI) started to diminish, although it still remains relatively large; i.e. FDI outflows represented 48.5 per cent of FDI inflows in 2010. Similar surges of outward FDI were experienced by some other Central and East European (CEE) countries, but Poland remains the biggest exporter of FDI in the region (excluding the Russian Federation).

The Psychic Distance Concept: A Review of 25 Years of Research (1990–2015)

Die Wahl von Markteintrittsstrategien kann als eine der wichtigsten Entscheidungen im Laufe des Internationalisierungsprozesses eines Unternehmens angesehen werden (Erramilli/Rao 1993, Welch/Luostarinen 1988). Entsprechend gibt es in der Literatur heute hierzu eine Vielzahl von wissenschaftlichen Studien, insbesondere zur Frage nach den zentralen Erklarungsgrosen fur die Wahl alternativer Eintrittsstrategien (Hill et al. 1990). Trotz der hohen „Prominenz“ dieses Forschungsgebietes ist der Gehalt wissenschaftlicher Aussagen zur Erklarung von Eintrittsstrategien jedoch insgesamt nicht so hoch, wie man vermuten konnte (oder wie manche singulare Untersuchung dies suggerieren mag). So bestehen nach wie vor eine Reihe von Widerspruchlichkeiten (z.B. zwischen der Wirkungsrichtung von Ein-flussvariablen), Vereinfachungen (z.B. Analyse dichotomer Entscheidungen) und „blinde Flecke“ (z.B. eher statische Begrundungsmuster). Aufgrund der Tatsache, dass sich das Engagement bzw.

Editorial: New Developments in International Business and Economics in CEECs

The global economic crisis has significantly altered the landscape of contemporary business markets worldwide. This article aims to verify how severely the economic crisis affected Polish industries and changed the competitive position of Polish companies. The authors put forward a research proposition which states that companies open to foreign cooperation (both exports and imports) were more likely to suffer from economic disturbances than companies that were domestically focused. The outcomes of the study are twofold. First, 24 manufacturing industries were ranked to check which of them suffered the most and the least as the result of the economic crisis. Secondly, using the CATI method 701 companies operating in the above ‑ mentioned industries were surveyed. The analysis details how the competitive position of these companies was shaped depending on their degree of internationalisation. The obtained results were afterwards compared with a previously conducted literature review, and the article attempts to present the impact of the global economic crisis on both industries (mesoeconomic perspective) and individual companies (microeconomic perspective).

Wielowymiarowa analiza porównawcza korupcji w Europie w latach 2001-2011

Abstract Purpose: There have been numerous studies analyzing the role of psychic (and cultural) distance in the internationalization process focused on relationships between distance and market selection, entry mode, or subsidiary performance. Still, cumulative findings of this body of research are mixed and inconclusive. Thus, this review aims for a rigorous presentation of past research on psychic distance, with particular focus on the aspects of international business operations affected by psychic distance in the light of empirical studies. Methodology: This review encompasses 55 papers, both empirical and conceptual, published between 1990-2015 in top IB, international marketing, and management journals. In general, the papers under review were published in 27 journals, with the vast majority of them being published in 2005 or later. The vast majority of reviewed papers are of empirical character (47 papers), while eight are conceptual. Findings: Since 2005, the number of articles published in top academic journals that featured the term “psychic distance” in the title has quadrupled. Common research topics include not only the core domain of internationalization process and performance, but also focus on understanding the concept of psychic distance, analyzing its antecedents and coping modes. Other studies have addressed the performance implications of psychic distance in conjunction with variables like strategy adaptation to foreign markets. Research limitations/implications: While the present review is limited in the number of papers taken into account, it does provide an initial overview of the structure of the field. However, the comparability of findings of different studies is limited by factors such as firm samples or presence of multicultural nations. In terms of directions for further research, promising topics include the relationship between perceived and ‘real’ distances or the effectiveness of different coping modes. Originality/value: The present paper identifies key research streams related to psychic distance and its role for international business. Based on an analysis of their content, it outlines several avenues for further investigation.

Re-explaining international entry modes – Interaction and moderating effects on entry modes of pharmaceutical companies into transition economies

The political and economic shift of early 1990s in Central and Eastern Europe countries (CEECs) initiated a fundamental process of transformation of the regions economies and firms (GalgA³czi, 2002). The formerly regulated economies gradually became an integral part of the global economy (Dayan & Gorynia, 2009; Szarucki, 2013). While the unprecedented scale of change provided then a unique research setting for international business and economics scholars, there have been recent discussions about the extent to which the CEE region is still a specific business environment (Schuh & Rossmann, 2010).

From going international to being international - strategies for international competitiveness

The article presents the results of a multidimensional comparative analysis carried out on 29 European countries. The analysis aims at grouping these countries according to features including the level of Corruption Perception Index, time required to start a business, paid taxes, inflow of foreign direct investments, level of KOF Index of Globalization, PKB per capita and the level of Human Development Index. The analysis of time series of mentioned-above indicators in years 2001–2011 was used also in the article.