Austrian Manufacturing MNEs: Long-Term Perspectives
AbstractThis article assesses the last 100 years of Austrian FDI. Before 1914 Austrian firms rarely engaged in FDI, mainly since the large home market had a high growth potential and since Austrian firms - although among the largest domestically - were smaller than their international competitors, less diversified and less vertically integrated, and hence their growth was based domestically and internally oriented. Despite the 'automatic' increase of FDI through the new borders in the early inter-war period, the loss of former markets, the crisis of 1929 and finally the Anschluss affected Austrian FDI negatively. Even in the post-Second World War period Austrian FDI remained subdued, mainly for structural factors and a favourable exporting environment. Only in the years preceding Austria's succession to the European Union in 1995 did FDI increase heavily, and Austrian firms became extensively involved in multinational activities.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Business History.
Volume (Year): 39 (1997)
Issue (Month): 1 ()
Contact details of provider:
Web page: http://www.tandfonline.com/FBSH20
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Christian Bellak & Wilfried Altzinger, 1999. "Direct Versus Indirect FDI: Impact On Domestic Exports And Employment," Working Papers geewp09, Vienna University of Economics Research Group: Growth and Employment in Europe: Sustainability and Competitiveness.
- Wilfried Altzinger, 1998. "Austria's Foreign Direct Investment in Central and Eastern Europe: 'Supply Based' or 'Market Driven'?," Department of Economics Working Papers wuwp057, Vienna University of Economics, Department of Economics.
- Christian Bellak, 2000. "The Investment Development Path of Austria," Department of Economics Working Papers wuwp075, Vienna University of Economics, Department of Economics.
- Wilfried Altzinger, 1998. "Structure and objectives of Austria's foreign direct investment in the four adjacent Central and Eastern European countries Hungary, the Czech Republic, Slovenia and Slovakia," ERSA conference papers ersa98p74, European Regional Science Association.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.