"QUO VADIS EAST-WEST JOINT VENTURE?" Reflections on Selected Aspects of the Development of East-West Joint Ventures

Becvar, O. (1989). "QUO VADIS EAST-WEST JOINT VENTURE?" Reflections on Selected Aspects of the Development of East-West Joint Ventures. IIASA Working Paper. IIASA, Laxenburg, Austria: WP-89-042

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Abstract

This working paper is one of a series produced by TES-MTC project discussing the problems of East-West Joint Ventures located in the CMEA countries on a country basis.

The paper gives an overview on the main features of the process of East-West joint ventures' establishment and operation. The author concentrates his efforts on analyzing the state-of-the-art, the recent problems and their possible solutions in the fields of joint ventures' establishment, management, technology related to joint ventures, joint ventures' effectiveness, bookkeeping and supply in a joint venture, consultancy for joint ventures. The paper also stresses other possible forms of East-West joint ventures in order to overcome some of the operational problems with respect to East-West payment options, supply, market opportunities, etc.

At present discussions are going on in Czechoslovakia in connection with the latest legislation on enterprises with foreign property participation, as well as on the state-of-the-art of the joint venture practice in this country.

The Management of Technological Change (MTC) project, part of the Technology, Economy & Society (TES) Program, has developed an international network which is performing an empirical study on practical problems of joint ventures located in various CMEA countries. This working paper is an intermediate report of the Czechoslovakian national group headed by the Research Institute of Economy in Electrotechnical Industries in Prague. The author is member of the international MTC network and works closely together with the project.

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