scholarly journals Chinese and Indian FDI in Hungary and the role of Eastern Opening policy

Author(s):  
Katalin Völgyi ◽  
Eszter Lukács

AbstractThe aim of this paper is to assess the main features of Chinese and Indian investments in Hungary and the role of the Hungarian Government’s Eastern Opening policy in the attraction of investments from these two Asian giants. This paper covers the sectoral distribution, modes of market entry, and motivations of Chinese and Indian foreign direct investments. The automotive sector is the most attractive sector for investors from both countries. ICT manufacturing (electronics) and services, and the renewable energy sector are also very attractive for Chinese companies. The same is true for IT/BPO services and the chemical sector in the case of Indian companies. Chinese and Indian companies enter the Hungarian economy mainly through green-field investments or acquisitions. Market-seeking and strategic asset-seeking motives are dominant in the case of investors from both countries. This paper also puts a special emphasis on studying the impacts of Hungary’s Eastern Opening policy (launched in 2012) on Chinese and Indian investments. The findings show that the Eastern Opening policy has had a significant impact on the investment decision (location choice) of new Chinese and Indian investors and further expansion of investments by Chinese and Indian companies located in Hungary due to four factors, namely high-ranking political meetings, strategic cooperation agreements, cash grants from the Hungarian Government and supportive services of HIPA.

2019 ◽  
Vol 34 (3) ◽  
pp. 666-696
Author(s):  
Kathryn Khamsi

Abstract Interest in offshore investment is growing: the oil and gas sector has been developing offshore reserves for some time; more recently, the renewable energy sector has also been investing offshore. In that context, this paper considers the legal uncertainties that overlapping sovereign claims in offshore areas create for investments. It then canvasses the commitments that States can accord to address these legal uncertainties, whether unilaterally or through inter-State authorities that jointly regulate areas subject to overlapping claims. This paper is then principally devoted to considering the role of bilateral investment treaties in enforcing such commitments, and otherwise addressing the legal uncertainties generated by overlapping maritime claims. By way of conclusion, this paper considers analogies to other situations where investments are subject to the sovereign rights of more than one State.


Author(s):  
Sidharth Sinha

In the wake of the December 2015 Paris COP21 (Conference of Parties), and India's announced renewable energy commitments, Reliance Power is reviewing its renewable energy investments to arrive at a long term strategy for the role of renewable energy in its power generation portfolio and the financing of renewable projects. The case reviews the Indian government's policies to promote renewable energy; the evolution of the renewable energy sector; and Reliance Power's financing of renewable energy investments. The case requires identification of alternative long term strategies and their financing implications. This case serves as an introduction to renewable energy from the perspective of Reliance Power, a large private power generator of the country. These projects also provide a learning opportunity for Reliance Power to deal with fast evolving renewable technologies.


2021 ◽  
Vol 4 (1) ◽  
pp. 53-83
Author(s):  
Maheshwar Prasad Yadav

This study analyzes the impact of macroeconomic variables on entrepreneurship development in renewable energy sector of Nepal. This study examines the effect of GDP, market size in terms of population and number of households, and sales in terms of number of renewable energy systems installed on entrepreneurship development, i.e., number of renewable energy enterprises (REEs) using data from 1992/93 to 2016/17 by estimating various logarithmic models. The study concludes that the most important factor affecting entrepreneurship development is market size followed by GDP and sales in the context of renewable energy sector in Nepal. This study is considered to be useful for REEs, development actors, academia and policy makers creating employment by increasing production and providing energy in the country. The study can be further extended by incorporating the opinion and views of respondents from customers, regulating authorities and development actors in the sector to get greater insight into the results.


2015 ◽  
Vol 11 (3) ◽  
pp. 573-589 ◽  
Author(s):  
José María González-González ◽  
Constancio Zamora-Ramírez ◽  
Ignacio García-Hernández

Purpose – This paper aims to improve the knowledge about the strategic actions of institutional entrepreneurs in the configuration of the institutional pillars of an emerging field such as the Spanish renewable energy sector, as well as to illustrate the role of these actors in the fight against climate change. Design/methodology/approach – The paper presents a single case study conducted in a company that entered the renewable energy sector in the ‘90s, and currently is a national and international reference in the generation of thermosolar power. The results of this case study are analysed and interpreted according to the New Institutional Sociology. Findings – The paper identifies and analyses the strategic actions developed by the company to configure the regulative, normative and cognitive pillars of its institutional context, such as the establishment of inter-actors relationships, the mobilisation of constituent actors, the use of sanctions and rewards, the employment of consultants and the public dissemination of knowledge and social awareness. Originality/value – The paper contributes to the development of the specialised literature about the institutional entrepreneurship which is very scarce in relation to the actions of institutional entrepreneurs in emerging fields. Likewise, this study allows managers to know the role of those entrepreneurs to configure the behaviour patterns that could be accepted and assumed by those entering the sector later on.


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