Keywords: Central and Eastern Europe, privatisation, technology transfer
Privatisation and technology transfer in Central and Eastern Europe
The countries of Central and Eastern Europe have adopted privatisation programs aimed at transforming their traditional government-controlled industrial and service monopolies into competitive enterprises. Many of these privatisation efforts have succeeded, but many have failed to meet expectations particularly in terms of the intensity and quality of technology transfer to the privatised local business. In this paper, we discuss the privatisation schemes developed by the countries of the region and analyse the issues underlying technology transfer.