What types of intangible resources are important for emerging market firms when going international?
The paper explores the use of different types of intangible resources on each phase of the process of internationalization in the context of emerging economies. Assuming that companies follow a gradual process, an internationalization index considering export, import and investment activities is built. The index allows identification of six stages of international expansion, using a database of more than 2,000 Russian companies. The findings reveal that relational capital has a significant positive impact on each stage of internationalization, and that organizational capital improves internationalization except in the last, multinational stage. A higher endowment of human capital is positively associated with first three stages of internationalization.
In this study a CHAID-based approach to detecting classification accuracy heterogeneity across segments of observations is proposed. This helps to solve some important problems, facing a model-builder: (1) How to automatically detect segments in which the model significantly underperforms? and (2) How to incorporate the knowledge about classification accuracy heterogeneity across segments to partition observations in order to achieve better predictive accuracy? The approach was applied to churn data from the UCI Repository of Machine Learning Databases. By splitting the data set into four parts, which are based on the decision tree, and building a separate logistic regression scoring model for each segment we increased the accuracy by more than 7 percentage points on the test sample. Significant increase in recall and precision was also observed. It was shown that different segments may have absolutely different churn predictors. Therefore such a partitioning gives a better insight into factors influencing customer behavior.
In 2008, it appeared that the BRIC nations’ economies would continue to provide growth opportunities for businesses of all kinds. After a decade of unprecedented growth, however, Brazil, Russia, India, and China have unexpectedly slowed. In this innovative book, expert contributors diagnose and examine the factors that might be responsible for the changing trends in the BRIC and other emerging market economies and that may determine the future course of these economies and their prospects for sustained growth.
Procedure for the simulation of the advances in EGE from mathematics is considered. For some tasks the important predictors are obtained. The models of binary logistics regression and ordinal regression for the prediction of probabilities of solution of task are built.
The paper discusses recent initiatives undertaken by the Russian Government that are aimed to attract highly qualified foreign specialists to Russian higher education institutions. The authors describe obstacles that both institutions and specialists face. Best practices to attract leading scientists used in various countries are identified.
The article deals with the relationship of business and government through the various aspects of the conflict interaction. The author analyses border state of relationship between business and power, factors and possible solutions of conflict situations. The author makes an assumption that development of social relations in general can lead to transformation of inefficient system of relationships between business and power.
In the current context of the globalization of science, excellence is most often associated with internationalization and assessed through high-impact “international” (English-language) publications. Taking Russian economic science as a case study, this paper argues that the strategies of internationalization of national disciplinary fields are primarily determined by the parameters of the global economics itself. My analysis of the Russian publications in economics covered by Web of Science demonstrates that the very repertoire of international publication strategies of Russian authors is determined by the transnational system of communication in economics. Economics papers from peripheral nations are essentially assigned to regional or “area studies” periodicals, which do not belong to the core of the discipline. Publication in top economics journals requires a specific “international” competency usually obtained through doctoral training at Anglo-American or equivalent PhD programs and generally implies a delocalization of research objects and questions.