Both researchers and practitioners have paid considerable attention to the significant role of new ventures (that is, firms younger than eight years) in the global economy (Oviatt & McDougall, 1994; Zahra, Ireland & Hitt, 2000). The increasing growth of new ventures has not only added more products and services to the market and stimulated market competition, but also provided more employment o...

This paper attempts to explain the increase in inequality that has been observed in all transition economies by constructing a simple model of change in composition of employment during the transition. The change consists of the ‘hollowing-out’ of the state-sector middle class as it moves into either the ‘rich’ private sector or the ‘poor’ unemployed sector. The predictions of the model are con...

The aim of this research is to identify the transformative role of information and communication technologies (ICT) in transition economies (TEs). We investigated how ICT spending influences the socioeconomic and sociopolitical changes in TEs belonging to two regional groups (Central and Eastern European and Latin American) from 2004 to 2010. Moreover, we compare the effects of ICT in TEs to th...

Most of the studies carried out on identification of barriers to knowledge sharing have focused on developing and developed countries. The purpose of this study was to explore the barrier factors inhibiting knowledge sharing in smalland medium-sized enterprises (SMEs) in transition economies that have different social, cultural, and economic conditions as compared to other developing and develo...

"This theoretical discussion of the migration transition in Asia develops a framework to understand the turning point from labor exporter to labor importer experienced by the Asian NIES [newly industrialized economies] (Hong Kong, Korea, Singapore and Taiwan). The author concludes that the NIEs' demand for labor curve shifted rapidly, primarily due to export-led growth of a labor-intensive cha...

Many transition policies, based on neoclassical economics, failed in Eastern Europe, Former Soviet Union, and China. The paper argues that the failure is due to the viability assumption of the neoclassical economics. The neoclassical economics implicitly assumes a firm to be able to earn a socially acceptable profit in an open, competitive market if the firm has a normal management. However, ma...