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International business in an EU candidate: the case of Bulgaria


  • Aristidis Bitzenis
  • Vasileios A. Vlachos


This study delegates a survey concerning the motives of, and barriers to international investors in Bulgaria during its transition period (1989-2007), with a special focus on the pre-accession period (2006-2007), for the generation of six variables that characterise international business during the EU accession era: entry mode, target, host country barriers, barriers determined by the MNC, host country motives, and motives determined by the MNC. The research findings indicate that EU accession has a positive contribution to an emerging economy, at the same time as regional characteristics are appended to the FDI inflows of Bulgaria.

Suggested Citation

  • Aristidis Bitzenis & Vasileios A. Vlachos, 2010. "International business in an EU candidate: the case of Bulgaria," International Journal of Business Environment, Inderscience Enterprises Ltd, vol. 3(4), pages 412-426.
  • Handle: RePEc:ids:ijbenv:v:3:y:2010:i:4:p:412-426

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    Cited by:

    1. Arslan, Ahmad & Tarba, Shlomo Y. & Larimo, Jorma, 2015. "FDI entry strategies and the impacts of economic freedom distance: Evidence from Nordic FDIs in transitional periphery of CIS and SEE," International Business Review, Elsevier, vol. 24(6), pages 997-1008.
    2. Andy Titus Okwu & Isiaq Olasunkanmi Oseni & Rowland Tochukwu Obiakor, 2020. "Does Foreign Direct Investment Enhance Economic Growth? Evidence from 30 Leading Global Economies," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 12(2), pages 217-230, May.
    3. Mirel-Daniel Simionescu, 2017. "Determinants of Foreign Direct Investments in Bulgaria and Romania in the Context of Recent Economic Crisis," Academic Journal of Economic Studies, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 3(1), pages 68-72, March.


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