Abstract
DR. MONTY L. LYNN IS ASSOCIATE Professor of Management and director of the MBA programme at Abilene Christian University, Texas, USA. This theoretical study attempts to sketch an initial picture of diversified micro- enterprises (0-9 employees) in transitional economies, such as those in Central and Eastern Europe (CEE) and in the Commonwealth of Independent States (CIS). A framework of political, economic and legal environments, industry and firm characteristics, and cultural/entrepreneurial influences which appear to impact small firm diversification patterns is outlined. Then, five archetypical formations of diversified micro-enterprises in transitional economies are sketched, and their incidence hypothesised. Suggestions for the successful management of diversified micro-enterprises are offered, as are directions for future research.
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