This book provides a detailed analysis of how and why firms from economies in transition internationalize and examines the effects of domestic politico-economic factors on this process. Transition economies undergo economic liberalization, which enables market forces to set prices. The economic...

Introduction -- International sale of goods -- The sales contract -- Letters of credit -- Non-establishment forms of international business : agency and distributorships, technology transfer, contract, manufacturing, and franchising -- Foreign direct investment -- Protecting intellectual...

It has become clear that over the past few decades enterprises not only produce and sell abroad but increasingly also develop goods and services outside their home countries; a development now known as the internationalisation of business R&D. This book presents a comprehensive picture of the...