Social Times of Network Space: Network Squences and Foreign Investment in Hungary  

Oleh:

Stark, David ; Vedres, Balazs

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: AJS: American Journal of Sociology vol. 111 no. 05 (Mar. 2006), page 1367-1411.
Topik: Foreign Investment; Postsocialist Networks; Foreign Embeddedness; Data; Trends; Mixed Economy; Network Evolution; Network Positions
Fulltext: AJS Vol.111 No.5 Mar 2006 p.1367-1411_win.pdf (1.33MB)

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Perpustakaan PKPM Nomor Panggil: A13 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

To model, from its inception, interenterprise network formation and its interaction with foreign investment across an entire epoch of rapid and profound economic transformation, the authors gathered data on the complete ownership histories of 1,696 of the largest Hungarian enterprises from 1987 to 2001. They 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, the authors find evidence that they also built durable networks. These findings suggest that developing economies do not necessarily face a forced choice between networks of global reach and those of local embeddedness.

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