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A tulajdonosi hálózatok evolúciója és külföldi tulajdon Magyarországon
Title / Series / Name
Publication Volume
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Pages
Authors
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Keywords
Foreign direct investment
Network dyanmics
Ownership
Postsocialism
Sequence analysis
General Social Sciences
SDG 10 - Reduced Inequalities
Network dyanmics
Ownership
Postsocialism
Sequence analysis
General Social Sciences
SDG 10 - Reduced Inequalities
URI
https://hdl.handle.net/20.500.14018/26423
Abstract
To model, from its inception, inter-enterprise network formation and its interaction with foreign investment across an entire epoch of rapid and profound economic transformation, we gathered data on the complete ownership histories of 1,696 of the largest Hungarian enterprises from 1987 to 2001. We develop a social sequence analysis to identify distinctive pathways whereby firms use network resources to buffer uncertainty, hide or restructure assets, or gain knowledge and legitimacy. During this period, networked property grew, stabilized, and involved a growing proportion of foreign capital. Cohesive networks of recombinant property were robust, and in fact integrated foreign investment. Although multinationals, through their subsidiaries, dissolved ties in joint venture arrangements, we find evidence that they also built durable networks. Our findings suggest that developing economies do not necessarily face a forced choice between networks of global reach and those of local embeddedness.
Topic
Publisher
Place of Publication
Type
Journal article
Date
2009