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Relevant bibliographies by topics / Investments, Japanese – Great Britain

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Academic literature on the topic 'Investments, Japanese – Great Britain'

Author: Grafiati

Published: 10 March 2023

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Journal articles on the topic "Investments, Japanese – Great Britain"

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Yoon, Young-Kwan. "The Political Economy of Transition: Japanese Foreign Direct Investments in the 1980s." World Politics 43, no. 1 (October 1990): 1–27. http://dx.doi.org/10.2307/2010549.

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The issue of Japanese foreign direct investment (FDI) has attracted scant attention because of its relative insignificance to the Japanese economy before the 1980s. In the 1970s only a few analysts explained the Japanese FDI behavior from a macroeconomic perspective. This paper argues that there has been a noticeable change in the nature of Japanese FDI in the 1980s, a position that supports the traditional microeconomic explanation based on the oligopolistic market theory. This convergence toward the “Western” style of FDI reflects a fundamental shift of the Japanese economy from a trade-oriented economy to one that is foreign investment—oriented. However, as the experiences of two hegemonic states (Great Britain and the United States) have shown, foreign investment is not the best economic strategy from a long-term perspective. Preliminary evidence in recent years indicates that increasing FDI affects Japan's productivity growth negatively by weakening both the production base and the various sources of Japanese competitiveness.

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Glebe, Günther, Louise Hurdley, Birgit Montag, and Paul White. "Investment-led migration and the distribution of Japanese in Germany and Great Britain / Les investissements et la migration: la distribution de la population japonaise en Allemagne et en Grande Bretagne." Espace, populations, sociétés 17, no. 3 (1999): 425–37. http://dx.doi.org/10.3406/espos.1999.1908.

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Warren, Liz, Martin Quinn, and Gerhard Kristandl. "Investments in power generation in Great Britain c.1960-2010." Qualitative Research in Accounting & Management 15, no. 1 (April 16, 2018): 53–83. http://dx.doi.org/10.1108/qram-01-2016-0002.

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Purpose This paper aims to explore the increasing role of financialisation on investment decisions in the power generation industry in Great Britain (GB). Such decisions affect society, and the relative role of financialisation in these macro-levels decisions has not been explored from a historical perspective. Design/methodology/approach The paper draws on historical material and interview data. Specifically, we use an approach inspired by institutional sociology drawing on elements of Scott’s (2014) pillars of institutions. Applying concepts stemming from regulative and normative pressures, we explore changes in investments over the analysis period to determine forces which institutionalised practices – such as accounting – into investment in power generation. Findings Investments in electricity generation have different levels of public and private participation. However, the common logics that underpin such investment practices provide an important understanding of political-economics and institutional change in the UK. Thus, the heightened use of accounting in investment has been, to some extent, a contributory factor to the power supply problems now faced by the British public. Originality/value This paper contributes to prior literature on the effects of financialisation on society, adding power generation/energy supply to the many societal level issues already explored. It also provides brief but unique insights into the changing nature of the role of accounting in an industry sector over an extended timeframe.

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Varnavskii, V. "New Approaches to Financing Infrastructure in Great Britain." World Economy and International Relations, no. 9 (2012): 67–74. http://dx.doi.org/10.20542/0131-2227-2012-9-67-74.

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The author analyzes the current management and financing system reforming of the state-owned infrastructure or infrastructure under the state control in Great Britain. The article gives an assessment of current state of infrastructure in the country. The reasons for termination of Private Finance Initiative (PFI) are also revealed. The author is trying to prove that Public Private Partnership remains a predominant form of drawing private investments into infrastructure development.

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Wisniewska, Ingrid. "Japanese students in the UK." English Today 8, no. 1 (January 1992): 52–54. http://dx.doi.org/10.1017/s0266078400006179.

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Gao, Jie. "Compromise and Defence: Great Britain and the Burma Road Crisis." China and Asia 3, no. 1 (September 29, 2021): 5–34. http://dx.doi.org/10.1163/2589465x-030102.

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Abstract China and Britain both found themselves in extremely precarious situations by the early summer of 1940, when Japan demanded that Britain close the Burma Road, a vital overland supply route for Chinese forces fighting against Japanese aggression. The British had just seen all of their continental European allies fall like dominoes to Hitler’s forces over the span of a few weeks, while China was fighting a losing defensive war against Japan with minimal outside support. China desperately needed to maintain its overland supply line to the British Empire, the Burma Road, but Britain feared that the very existence of this conduit of war materiel would provoke a Japanese attack on vulnerable British colonies in the Far East. American policy on Japanese aggression was ambiguous at this point and neither Britain nor China could realistically expect help from Washington in the short term. As a result, Britain signed a one-sided confidential memorandum to close the Burma Road to buy time and shore up its East Asian position to the extent that it was able. This deal, a lesser-studied counterpart to Prime Minister Neville Chamberlain’s appeasement policy in Europe, compromised the Chinese war effort against Japan, paved the way for the Japanese conquest of Southeast Asia, and ultimately failed to prevent Britain’s defeat in East Asia. Recognizing that this temporary concession would not moderate Japanese behavior, Britain reopened the Burma Road three months later. This paper examines the vital role of the Burma Road in the Chinese war effort in 1940 and why Japan demanded that London close it, then explores the factors that led to Britain’s unavoidable capitulation on the issue and subsequent reversal three months later, along with the consequences for the Allied war effort in the Far East.

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Antic, Cedomir. "Crisis and armament economic relations between Great Britain and Serbia 1910-1912." Balcanica, no. 36 (2005): 151–61. http://dx.doi.org/10.2298/balc0536151a.

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On the eve of the 1914-18 war, Great Powers had competed for influence in the Balkans. While preparing for the war with the Ottoman Empire the Balkan states were ready to take huge war credits and to place big orders for weapons and military equipment. Foreign Office did not show any interest in involving British capital and industry in this competition. British diplomacy even discouraged investments in Serbian military programme before 1914.

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SUZUKI, Hitoshi, and Izuru MAKIHARA. "Japan-EEC/EU Relations, 1970-2005: Re-Emergence as Strategic Partners in Trade and Environment." Journal of European Integration History 25, no. 1 (2019): 23–36. http://dx.doi.org/10.5771/0947-9511-2019-1-23.

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Negotiations on a Japan-EEC trade agreement faced a deadlock only three years after the launch of the common foreign trade policy in 1970. The European Commission adopted a step-by-step approach to change the climate. European business people were sent to Japan under the ETP-Japan. The Commission welcomed Japanese investments so that Japanese exports could be reduced. Japanese plants were launched in Britain. After the cold war ended, Japanese manufacturers headed towards the newly liberalised countries. Japan’s policy of commitment - via both aid and investments - was an extension of her relations with the Central and Eastern European countries during the cold war, namely towards the GDR. However, after 1991, Japan’s priority was not limited to her market share in Europe and gained a longer perspective to stabilise the region. Joint efforts made Japan and the EU claim themselves as global actors. Both shared fears on global warming and agreed upon the Kyoto Protocol of 1997.

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Anwar, Mohammad Amir. "Indian foreign direct investments in Africa: a geographical perspective." Bulletin of Geography. Socio-economic Series 26, no. 26 (December 1, 2014): 35–49. http://dx.doi.org/10.2478/bog-2014-0043.

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Abstract Foreign direct investments (FDI) into Africa from developing economies have grown substantially over the past decade. While the focus of the enquiry among the geographers has been the rise of Chinese investments in Africa, India has become an important ‘Asian driver’ within the ‘new scramble for Africa’. This article highlights the geography of Indian involvement in Africa in terms of its growing scale, new patterns and the emerging complex structure of Indian investments. The article finds that the nature of India-Africa trade relationship mirrors colonial trade relationships between India and the Great Britain. The Indian investments in Africa are resource- oriented and fused with geopolitical dynamics, driven by capitalistic agendas.

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Schoon, Ingrid, and Elzbieta Polek. "Pathways to Economic Well-Being Among Teenage Mothers in Great Britain." European Psychologist 16, no. 1 (January 1, 2011): 11–20. http://dx.doi.org/10.1027/1016-9040/a000028.

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The present study examines pathways to independence from social welfare among 738 teenage mothers, participants of the 1970 British Cohort Study, who were followed up at age 30 years. Using a longitudinal design, a pathway model is tested, examining linkages between family social background, cognitive ability, school motivation, and individual investments in education, as well as work- and family-related roles. The most important factors associated with financial independence by age 30 are continued attachment to the labor market as well as a stable relationship with a partner (not necessarily the father of the child). Pathways to financial independence, in turn, are predicted through own cognitive resources, school motivation, and family cohesion. Implications of findings for policy making are discussed.

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Dissertations / Theses on the topic "Investments, Japanese – Great Britain"

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Walker, Paul Martin. "Foreign investment : a historical, theoretical and empirical analysis for the cases of the UK, the FRG and Japan with particular reference to manufacturing direct investment." Thesis, University of Reading, 1990. http://catalog.hathitrust.org/api/volumes/oclc/29402793.html.

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Patrick, Carol A. "Short-termism : an investigation of some UK evidence." Thesis, University of Stirling, 1997. http://hdl.handle.net/1893/26689.

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The aim of this thesis is to undertake an empirical investigation into the assertion that UK investors display short-term behaviour. The thesis starts by reviewing the existing literature which comprises a diverse set of explanations of the concept of short-termism. This survey results in, firstly, a more concise definition of short-termism and, secondly, a framework into which the various theories may be placed. The various approaches to short-termism are categorised into two effects: the numerator effect and the denominator effect. The former refers to the underestimation of future cash flows while the latter refers to those cases in which an excessively high discount rate is used. Both these effects result in the present value of a proposed project being reduced. therefore causing the project to be rejected when it might otherwise have been accepted. Although the literature covers many different approaches to short-termism this thesis concentrates only on one aspect of short-termism. namely the denominator effect. Such an approach is advantageous in that it allows the consideration, and possible elimination, of a particular type of short-termism. thus giving direction to future research. By decomposing the discount rate into the following components: a time value of money, a liquidity premium, an equity risk premium and an exchange rate risk premium it becomes possible to distinguish between "true" short-term ism and "general" short-termism. "True" short-termism refers to the existence ofa high time value of money whilst "general" short-termism refers to the use of a high discount rate for whatever reason. whether it be a high time value of money, liquidity premium or equity risk premium. A preliminary investigation into the existence of both types of short-termism is carried out by the comparison of international real rates of return and risk premia as a means of testing for differences in the behaviour of investors across countries. The results of this investigation lend little support to the assertion that UK investors are short-termist, but suggest that if short-termism is present it is in the form of "true" short-termism. Following these results, further empirical analysis is carried out into the issue of "true" short-termism. A key feature of this analysis is the relaxation of the assumption of the rational expectations in both the interest rate and foreign exchange market. The effect of this is two-fold: firstly, ex post and ex ante rates need no longer only differ by a random error, and secondly, a non-zero exchange rate risk premium may exist. Therefore the thesis also derives an ex ante interest rate series and an exchange rate volatility series using the methodology of Mishkin(1984a,b) and a Generalised Autoregressive Conditional Heteroscedasticity framework respectively. Throughout the thesis a parallel hypothesis is considered of whether a distinction could be drawn between investor behaviour in countries with capital market-based financial systems and those with bank-based financial systems. The thesis finds little support, given the assumptions made and dataset used, for the assertion that UK investors are more short-termist than elsewhere and no evidence to support a distinction between investor behaviour across countries.

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Lee, Yiu-wa. "The foreign policy of an incompetent empire : a study of British Policy towards the Sino-Japanese War in 1937-1941 /." Hong Kong : University of Hong Kong, 1998. http://sunzi.lib.hku.hk/hkuto/record.jsp?B20731632.

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Lee, Yang-Im. "Grounded theory of marketing strategy based on partnership and underpinned by culture : Japanese and Korean electronics companies in the UK." Thesis, University of Stirling, 2003. http://hdl.handle.net/1893/868.

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An extensive literature review was undertaken that brought out the salient points relating to strategic marketing; marketing strategy; customer service; relationship marketing; retailing strategy; the link between organizational culture and national culture; leadership; long-term partnership arrangements;and the similarities and differences between Japanese and Korean culture. The research strategy incorporated exploratory research and in particular the in-depth personal interview method; the small group interview method; the critical friendship group method; and the postal survey method. This allowed the researcher to understand the mindset of Japanese and Korean people; provided a basis for the researcher to better understand and address culturally sensitive issues that would arise during the main data collection process; make a link between national cultural values and organizational values. The grounded theory approach was used to analyse and interpret the data collected from the in-depth personal interview method involving five staff in two companies: a Japanese electronics company based on the UK and a Korean electronics company based on the UK. The research established that national cultural value systems do have an influence on management style and organizational behaviour. Both Japan and Korea embraced Buddhism and Confucianism in a different way (emphasis, purpose and sequence). This is why the national cultural characteristics and values of the people from these two cultures are different. The strategic marketing approach is valid and is deployed by both Japanese and Korean electronics companies based in the UK, however, the approach of the Japanese managers to strategic marketing is more advanced than the strategic marketing approach deployed by Korean managers. Both Japanese and Korean electronics companies based in the UK have a clearly defined marketing strategy that is focused on customer service that is underpinned by a clear commitment to partnership arrangements. Partnership arrangements are based on trust and are considered to be long-term in orientation. Although Japanese and Korean electronics companies based in the UK have a customer service policy that is incorporated within a strategic marketing framework, customer service policy is deployed differently. In order for Japanese and Korean electronics companies based in the UK to achieve financial success (defined as financial gain in the long-term), marketing is perceived as an integrated process that is strategic in nature. Japanese and Korean managers feel comfortable working in terms of a strategic marketing framework and are sensitive to the feelings of local people. Hence a hybrid organizational culture exists. However, the organizational culture that exists in Japanese electronics companies based in the UK is different from that that exists in Korean electronics companies based in the UK. This is due to a distinct organizational learning policy. Although organizational learning is viewed as important with respect to improving an organization's performance, how it is practised in Japanese electronics companies based in the UK is different from that adopted and deployed by Korean electronics companies based in the UK. This can be attributed to such factors as the style of management; the degree of management control; and the way in which relationships are built and managed. As regards the development of partnership arrangements, although managers in Japanese and Korean electronics companies based in the UK consider that business relationships are to have a long-term orientation, it should be noted that in the case of Japanese electronics companies based in the UK, there are clear power based relationships in being that influence how individuals interact and make and implement decisions. In the case of Korean electronics companies based in the UK, the concept of mutuality is dominant and this influences how individuals interact, make and implement decisions.

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Woodhouse, Eiko. "G. E. Morrison and Anglo-Japanese relations in China, 1906-1912." Thesis, The University of Sydney, 2000. https://hdl.handle.net/2123/27596.

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After her victory in the Russo—Japanese War in 1905, Japan began a commercial drive into China challenging British supremacy in the region. Britain, however, tolerated it, preserving the Anglo-Japanese Alliance because of the possibly impending hostilities with Germany.

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Mikasa, Princess Akiko of. "Collecting and displaying 'Japan' in Victorian Britain : the case of the British Museum." Thesis, University of Oxford, 2010. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.669978.

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Pitkethly, Robert Hamilton. "The use of intellectual property in high technology Japanese and Western companies." Thesis, University of Oxford, 1997. http://ora.ox.ac.uk/objects/uuid:652b8b44-ad5c-468b-8a5e-2907b8eb361b.

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This research comprises a comparative study of Japanese and UK Intellectual Property (IP) management and an extension, informed by the study, of existing IP strategy frameworks. The research was prompted by observing that little has been written about IP management and that Japanese IP management might differ from that in the West due to differing economic, legal and technological circumstances. A literature review found IP related economics literature but little in English regarding IP management. The most relevant work was that by Teece concerning the combined role of complementary assets and intellectual property rights (IPRs). The present research's contribution is thus threefold. A detailed description of the development and nature of Japanese IP management. A comparison with UK IP management, putting Japanese IP management into an international context. Finally, a development of existing general IP Strategy frameworks informed by the results of the international comparison. In studying IP management in Japan a wide range of specialist literature in Japanese was studied. Interviews were held, those with Japanese IP managers, lawyers, government and NGO officials being in Japanese. The first comparative survey of UK and Japanese IP management formed a key source of the data collected. A response rate of 44% in Japan (211 replies) and 33% in the UK (259 replies) enabled comparisons by both size and sector. Many similarities were found between Japanese and UK attitudes to and practice of IP management, reflecting the similarity of the underlying issues in both countries. There were also significant differences between Japanese and UK companies especially in the extent and organisation of resources devoted to IP management, in attitudes to IP strategy, licensing, litigation, the filing of patent applications and in the use and management of patent information. The study provided the basis for developing a view of IP strategy as a dynamic management strategy process. This process occurs in a framework involving time and the control of technological scope and progress using IPRs and complementary assets. Other considerations involved comprise the ability to use resources to exploit markets fully and learning opportunities. The study of Japan's IP management and its development from a position of technological followership to that of still learning leadership thus provides a basis for a view of IP strategy as taking place in an integrated dynamic management framework.

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Fu, Lin. "On efficacy of ethical investment : a comparative study between UK and Chinese company practices." Thesis, University of Wales Trinity Saint David, 2003. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.683316.

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Fujita, Nao. "An Anglo-Japanese cross-cultural study of children's theory of mind and executive function and caregiver characteristics." Thesis, University of Cambridge, 2014. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.648824.

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Smolarski, Jan M. (Jan Mietek). "Environmental Determinants and Choice of Project Evaluation Techniques in US and UK Firms." Thesis, University of North Texas, 1996. https://digital.library.unt.edu/ark:/67531/metadc277767/.

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The purpose of this dissertation is to develop a theory that helps explain the conditions under which firms select certain project evaluation techniques. This study uses contingency theory to analyze the impact of environmental uncertainty on the choice of project evaluation techniques. In addition to a direct measure of uncertainty, several dimensions of uncertainty are included in this study. These dimensions of uncertainty include control structure, method of financing, foreign assets, method of growth, and product domination. This study also analyzes the use of project evaluation, management science and risk management techniques in US firms over time and in UK firms over time in order to compare to prior research. A comparison of firms in the two countries are also provided. The primary method of data collection was a survey instrument. Data were also collected from annual reports and various other public sources. The variables that appear significant in the choice of project evaluation technique in US firms are environmental uncertainty, control structure, method of financing, foreign assets, and product domination. The variable that appear significant in the choice of project evaluation technique in UK firms is method of financing. US firms favor discounted cash flow techniques although this study detected a slight decrease over time. UK firms continue to use non-discounted cash flow techniques, although the use of discounted cash flow techniques is widespread. There are significant differences between US and UK firms. US firms tend to use discounted cash flow techniques to a greater extent than UK firms. This research makes a significant contribution in attempting to develop a theory explaining the use of project evaluation techniques in firms in the US and UK. In addition, several other developments relating to project evaluation, management science and risk management are discussed. The results of this study can be used by managers in refining and improving their existing project evaluation processes.

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Books on the topic "Investments, Japanese – Great Britain"

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George, Norman. Working in partnership: Supplying the Japanese. London: Anglo-Japanese Economic Institute, 1991.

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Cleeve, Emmanuel. The motives for joint ventures: A transactions cost analysis of Japanese MNEs inthe UK. Manchester: Department of Economics and Economic History, Manchester Metropolitan University, 1995.

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Japanese manufacturing investment in Europe: Its impact on the UK economy. London: Routledge, 1993.

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Takashima, Makoto. Japanese direct investment in European manufacturing industry: (part 1) a statistical investigation centring onestablishments in Great Britain. Norwich: School of Economic and Social Studies, University of East Anglia, 1990.

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Oliver, Nick. The Japanization of British industry. Oxford UK: Blackwell, 1988.

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1956-, Wilkinson Barry, ed. The Japanization of British industry. 2nd ed. Oxford, England: Blackwell, 1992.

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Services, Financial Research, ed. Savings & investments, Great Britain: October [1990]-March 1991. London: Financial Research Services, 1991.

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Association, Japanese Language. Survey of Japanese language education in Great Britain. Bath: Japanese Language Association, 1989.

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The global export of capital from Great Britain, 1865-1914: A statistical survey. New York: St. Martin's Press, 1999.

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Austen-Peters, A. O. Custody of investments: Law and practice. Oxford [England]: Oxford University Press, 2000.

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Book chapters on the topic "Investments, Japanese – Great Britain"

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Weste, John. "Facing the Unavoidable — Great Britain, the Sterling Area and Japan: Economic and Trading Relations, 1950–1960." In The History of Anglo-Japanese Relations, 1600–2000, 283–313. London: Palgrave Macmillan UK, 2002. http://dx.doi.org/10.1057/9781403919526_8.

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McEnally, Stephen. "The Great Britain Sasakawa Foundation:." In Japanese Studies in Britain, 253–66. Amsterdam University Press, 2016. http://dx.doi.org/10.2307/j.ctt1s17np2.28.

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"Great Britain and Japanese rearmament, 1945–60." In Japanese Diplomacy in the 1950s, 54–74. Routledge, 2008. http://dx.doi.org/10.4324/9780203099254-12.

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McEnally, Stephen. "22 The Great Britain Sasakawa Foundation: Japanese Studies Funding and Policy, 1985–2016." In Japanese Studies in Britain, 253–66. Amsterdam University Press, 2016. http://dx.doi.org/10.1515/9781898823599-026.

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"Great Britain and the Japanese Peace Treaty, 1951." In Western Interactions With Japan, 91–104. Routledge, 2014. http://dx.doi.org/10.4324/9781315060323-16.

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"11. KOMURA JUTARŌ (1855-1911). Great Statesman; Struggling Diplomat London, 1906-08." In Japanese Envoys in Britain, 1862-1964, 109–16. Global Oriental, 2007. http://dx.doi.org/10.1163/9789004213456_012.

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"Great Britain and Japan’s entrance into the Great War, 1914–1915 PETER L OW E." In The Anglo-Japanese Alliance, 1902-1922, 169–85. Routledge, 2003. http://dx.doi.org/10.4324/9780203316672-13.

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Kurosawa, Fumitaka. "GREAT BRITAIN AND JAPANESE VIEWS OF THE INTERNATIONAL ORDER IN THE INTERWAR PERIOD." In Britain and Japan in The Twentieth Century. I.B.Tauris & Co. Ltd, 2007. http://dx.doi.org/10.5040/9780755624829.ch-003.

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"The fragmenting of the old world order: Britain, the Great Powers, and the war T . G . OTTE." In The Impact of the Russo-Japanese War, 111–28. Routledge, 2006. http://dx.doi.org/10.4324/9780203028049-15.

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Tyler, Amanda L. "8. World War II and the demise of the Great Writ." In Habeas Corpus: A Very Short Introduction, 72–91. Oxford University Press, 2021. http://dx.doi.org/10.1093/actrade/9780190918989.003.0009.

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This chapter explores the role of habeas corpus during World War II in the US and Great Britain. On the American side, the chapter details how suspension ruled in the Hawaiian Territory but the mass incarceration of Japanese Americans on the mainland followed in the absence of a suspension under Executive Order 9066. As the chapter details, this happened even though lawyers counselled President Franklin D. Roosevelt that doing so would violate the Suspension Clause. The chapter continues by contrasting the experience in Britain, where Prime Minister Winston Churchill led the push to retreat from its citizen detention program under Regulation 18B and restore a robust habeas privilege. The chapter also compares habeas decisions rendered by the high courts in both countries while asking larger questions about what can be learned from these events.

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Conference papers on the topic "Investments, Japanese – Great Britain"

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Lin, Regina. "The Relations between Infrastructure Investments and Imbalance Regional Economic Development in Great Britain." In 24th Annual European Real Estate Society Conference. European Real Estate Society, 2017. http://dx.doi.org/10.15396/eres2017_261.

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GREBLIKAITE, Jolita, Neringa GERULAITIENE, and Wlodzimierz SROKA. "FROM TRADITIONAL BUSINESS TO SOCIAL ONE: NEW POSSIBILITIES FOR ENTREPRENEURS IN RURAL AREAS." In RURAL DEVELOPMENT. Aleksandras Stulginskis University, 2018. http://dx.doi.org/10.15544/rd.2017.139.

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In many EU countries economic and social development stagnates. The reasons are various and depends on the country. Some countries are still leaders (Germany, Great Britain, France), but depending on political events and complicated issues in each of them common EU internal market is kept as rather passive and not expanding in terms of consumption and investments. Especially it is related to countries suffering their internal business problems. The research problem of this paper is related to the issues how to provide some innovative solutions to traditional enterprises in Lithuania and Poland for their prosperous development. The aim of the paper is to analyse the situation and problems of traditional business in rural areas of Lithuania and Poland and propose development possibilities applying social initiatives and becoming social enterprises. The research object of the paper is traditional and social enterprises in rural areas. The research discloses that in Lithuania and Poland the situation in rural areas has a lot of similarities in terms of development and problems. Social entrepreneurship in both countries is kept as possibility but still problems and specificity exist in the countries.

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