LSE, UK, and IZA, Germany
IZA World of Labor role
Professor of Managerial Economics and Strategy, Department of Management, LSE, London, UK
Privatization, transition economics, foreign direct investment, entrepreneurship
London Business School (1991–2006); London School of Economics (1984–1991); University of Southampton (1977–1984)
“Institutional determinants of new firm entry in Russia.” Review of Economics and Statistics 95:5 (2013): 1740−1749 (with R. Bruno and M. Bytchkova).
“Human capital in social and commercial entrepreneurship.” Journal of Business Venturing 31:4 (2016): 449−467 (with T. Mickiewicz and U. Stephan).
“The effects of privatization and ownership in transition economies.” Journal of Economic Literature 47:3 (2009): 699–728 (with E. Kocenda, J. Hanousek, and J. Svejnar).
“Institutions and entrepreneurship development in Russia: A comparative perspective.” Journal of Business Venturing 23:6 (2008): 656–672 (with R. Aidis and T. Mickiewicz).
“Institutions and female entrepreneurship.” Small Business Economics 37 (2011): 397–415 (with T. Mickiewicz).
Foreign direct investment and employment in transition economies
Has FDI into transition countries had the expected economic effects?Saul Estrin, January 2017Foreign direct investment (FDI) has been argued to improve company performance and stimulate growth and employment. Transition economies of Central and Eastern Europe (CEE) faced a desperate need to join the global economy, to improve their competitiveness and to create jobs through FDI. So, did the FDI come, and did it deliver what was expected? FDI levels were high for CEE, and for some resource-rich transition countries (e.g. Russia and some of Central Asia), but primarily delivered significant benefits (e.g. employment) for the former. FDI arrived much later to other transition countries (e.g. the former Soviet republics and the Balkans) and had much less impact.MoreLess