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1

Externalities of Direct Foreign Investments

100%
Gorynia M., Bartosik-Purgat M., Jankowska B., Owczarek R.
Ekonomista
|
2006
|
issue 2
185-204
EN
The issue of externalities generated by the foreign direct investments (FDI) is widely discussed in world literature. Alongside analyses of national economies of the host countries a great deal of attention is focused on the strategies of domestic companies that are confronted with the results of activities pursued by foreign investors. The article contains a synthetic examination of literature dwelling on external effects of FDI, mainly from the standpoint of domestic firms and organizations. The authors present the results of their empirical study, conducted in 2004, that was centered on the external effects of activities of foreign investors in Poland. During the study the attention was directed toward the strategies of domestic firms attempting to adjust their behavior to the conditions that result when foreign investors invade the Polish market.
2

Strategic Management as a Synthesis of Economic and Managerial Theories of the Firm

100%
Gorynia M., Jankowska B., Owczarek R.
Ekonomista
|
2005
|
issue 5
595-619
EN
Research on the foundations of competitive strategy and the resource-based approach to the theory of the firm seems to confirm the hypothesis that strategic management is an example of the mutual permeability of economic and management theories. Achievements in both of these disciplines seem to have a complementary character - progress in the former is a condition for the evolution of the latter, and vice versa. Moreover, it seems that for both, cognitive and practical reasons, further integration of economic and managerial theories of the firm is a foregone conclusion. There are not many arguments, however, that would support the thesis that this integration may lead to a synthesis resulting in the creation of one, universal theory of the firm. It is highly probable that on the one hand, many theories will exist alongside as complementary approaches and, on the other hand, some theories will eliminate others.
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