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 transition process is usually characterized by significant changes in the role of the state and the creation and promotion of privately owned enterprises, markets and independent financial institutions. With the opening of the domestic economy, and integration into the international economy, domestic firms have an opportunity to explore international markets, which was impossible under previous regimes. This book provides insights into these phenomena and investigates the impact that these changes have had on firm internationalization. This book is an essential resource for academics and students of strategic management, international business and business studies. It also has significant value for practitioners and policy-makers in that it will highlight important factors in a firm's politico-economic environment that either stimulate or impede firm internationalization from emerging markets and will discuss important managerial and policy implications. Contributors: P.D. Aligica, A.R. Anderson, V. Andonova, M. Bahl, P. Berdyshev, M. Brahem, M. Crone, A. Gevorkyan, V. Golikova, M. Gorynia, S. El Harbi, P. Karhunen, R. Kosonen, O. Linchevskaya, D. Makhmadshoev, A.I. Mockaitis, J. Nowak, A. Pobol, D. Pollard, A. Sauka, Y. Shaleva, I. Simberova, M. Slonimska, A. Slonimski, D. Smallbone, V. Tarko, M.T.T. Thai, P. Trapczynski, E. Turkina, A. W sowska, F. Welter, R. Wolniak, E. Zankina, P. Zettinig

Generational conflicts occur in any society and prove to be both a puzzle and a rite of passage for every generation. Older generations often find it difficult to relate to the younger generations. Yet, as every generation comes of age, it leaves an impact on societal structures as a whole. Between baby boomers and millennials, societal norms and values transform in new and unexpected ways. While globalization has greatly contributed to the generational gaps world over, the post-communist transition, which occurred in the wake of the collapse of the USSR, left lasting and profound effects on these transitioning societies. This book investigates the generational conflict in the post-Soviet societies and argues that the generational divide runs deep. The post-Soviet generation, Generation WhY, has not dealt with the experience of old Soviet structures and they do not share the same values and norms as their parents and grandparents. Individualism, lack of trust in state institutions, independence, and entrepreneurial spirit run high among the members of the perestroika generation. Yet we still find differences between societies. While the Russian-Ukrainian conflict has its roots in a number of deeply seeded issues, this analysis shows that the generational gap is a part of the problem. This book also offers conclusive evidence to suggest that the members of the post-Soviet generation can be part of the solution.

Although entrepreneurship in the informal economy occurs outside state regulatory systems, informal commercial activities account for an estimated 30% of economic activity around the world. Informal entrepreneurship goes unmonitored despite the fact that it significantly contributes to poverty reduction and economic development. As a result, the informal sector is open to unethical practices including corruption, worker exploitation, and natural environment abuse to name just a few. In the media, debates have formed around whether informal entrepreneurship should be assisted or legitimized. Hence, a deep understanding of the phenomenon is vitally important.

This book is the first on the market to offer models and approaches to informal entrepreneurship as well as to its prospects for economic development. Offering an in-depth examination of informal entrepreneurship in many different countries, it reveals the motivations for engaging in entrepreneurship in the informal economy, characteristics of informal entrepreneurship, and informal entrepreneurs' response to ethical issues. This volume illustrates the relationship between formal and informal economies and the conditions for the benefits of informal entrepreneurship to outweigh its disadvantages. And finally, it gives recommendations about when and how the informal economy can be formalized, which sectors should be formalized, and which ones can remain informal. This book offers much-needed guidance for stakeholders involved in economic development programs and scholars and entrepreneurs interested in the field of informal entrepreneurship as it is developing around the globe.

Multilingualism is becoming a social phenomenon governed by the needs of globalization and cultural openness. Owing to the ease of access to information facilitated by the internet, individuals' exposure to multiple languages is becoming increasingly frequent, thereby promoting a need to acquire successful methods in understanding language. Applied Psycholinguistics and Multilingual Cognition in Human Creativity is an essential reference source that discusses the psychological and neurobiological factors that enable humans to acquire, use, comprehend, and produce language, as well as its applications in human development, the social sciences, communication theories, and infant development. Featuring research on topics such as international business, language processing, and organizational research, this book is ideally designed for linguists, psychologists, humanities and social sciences researchers, managers, and graduate-level students seeking coverage on language acquisition and communication.

Multilingualism is becoming a social phenomenon governed by the needs of globalization and cultural openness. Owing to the ease of access to information facilitated by the internet, individuals' exposure to multiple languages is becoming increasingly frequent, thereby promoting a need to acquire successful methods in understanding language. Applied Psycholinguistics and Multilingual Cognition in Human Creativity is an essential reference source that discusses the psychological and neurobiological factors that enable humans to acquire, use, comprehend, and produce language, as well as its applications in human development, the social sciences, communication theories, and infant development. Featuring research on topics such as international business, language processing, and organizational research, this book is ideally designed for linguists, psychologists, humanities and social sciences researchers, managers, and graduate-level students seeking coverage on language acquisition and communication.

Technology is a key driver behind the effects of contemporary globalization on business and other organizations worldwide. Understanding this phenomena in connection with the impact of cultural variations can help improve business and product life cycles in an era in which corporate capital and liquidity buffers must be increased for unexpected developments in global markets. Cultural and Technological Influences on Global Business is a leading publication in its field emphasizing the importance of deeply exploring the effects of cultures and technologies on the global business sector. This reference source is beneficial for professionals, researchers, and practitioners who wish to broaden their understanding of the direct relationship between culture and technology in the international business realm.