The Impact of Export Promotion Programs on Firms’ Export Competencies and Performance in a Transition Economy: The Case of Russian Manufacturers
This study evaluates the effects of export promotion programs (EPPs) in Russian manufacturers. It examines a multi-dimensional set of subjective and objective indicators including the level of awareness, use, the perception of usefulness, as well as different intermediate export marketing results, and final performance indicators. The results show that most EPPs are successful in attaining their goals as to improving firms’ export marketing competencies. Though, at the same time, they point to clear problems, regarding program awareness, availability, and accessibility. The paper concludes with a discussion about managerial and public policy implications.
This paper considers current contradictions in state–business relations in Russia. On one hand, the Russian political elite needs economic growth to keep social stability in the country and to limit mass protesting in big cities. Economic growth is impossible without investment, which explains Russian leaders’ increased interest in improving Russia’s business climate. On the other hand, influential interest groups (represented first of all by security and law enforcement agencies) try to expand their control on rent sources in the economy. These groups of interests could strengthen their positions due to fear of political protests. This strong conflict among different groups in the Russian elite creates additional uncertainty for investors and the business community, and can lead to economic recession independent of the level of oil prices and dynamics of global markets. Reversing these negative trends in economic development will be possible only with collective actions of different economic and political actors (including technocrats in federal and regional governments, representatives of large and successful middle-sized business and topmanagers of public sector organizations) in the search for pragmatic solutions to the challenges faced by Russian economy and society.
An innovation analysis in conditions of transition economy is the important means of diagnosing a firm's management. This paper presents a view of authors on solving some of the important methodological issues of the innovation analysis application. The proposed system of analytical parameters includes characteristics of a scientific and technical standard of innovations, an innovation process and the efficiency of innovation activity. The parameters of competitiveness (for 1st group), innovation activity (for 2nd group) and market diffusion (for 3rd group) are emphasized. In addition, 5-6 local parameters-characteristics of innovation activity are included in each group. The proposed parameters are segregated by the three stages of innovation activity: innovation creation, innovation deployment (application) and innovation output production.
This article is devoted to the issue of government export promotion activities (export support) available to the Russian companies and focused on removing (or mitigating) various economic barriers, which can prevent the enterprises from participation in the international trade. The article puts forward several objectives, which should be set by the government in order to achieve the most effective results in helping the firm develop its abilities and increase exports at any stage of internationalization. Besides the article contains a list of economic restrictive measures imposed by foreign governments against Russian products and provides certain recommendations concerning possible ways to improve the existing system of government export support.
The paper examines the structure, governance, and balance sheets of state-controlled banks in Russia, which accounted for over 55 percent of the total assets in the country's banking system in early 2012. The author offers a credible estimate of the size of the country's state banking sector by including banks that are indirectly owned by public organizations. Contrary to some predictions based on the theoretical literature on economic transition, he explains the relatively high profitability and efficiency of Russian state-controlled banks by pointing to their competitive position in such functions as acquisition and disposal of assets on behalf of the government. Also suggested in the paper is a different way of looking at market concentration in Russia (by consolidating the market shares of core state-controlled banks), which produces a picture of a more concentrated market than officially reported. Lastly, one of the author's interesting conclusions is that China provides a better benchmark than the formerly centrally planned economies of Central and Eastern Europe by which to assess the viability of state ownership of banks in Russia and to evaluate the country's banking sector.
The paper examines the principles for the supervision of financial conglomerates proposed by BCBS in the consultative document published in December 2011. Moreover, the article proposes a number of suggestions worked out by the authors within the HSE research team.
портовый менеджмент, показатели деятельности, анализ эффективности, система учета, распределение издержек, методы анализа деятельности портовой системы
At present many industries reveal tendency for setting up of vertically integrated companies (VIC) the structure of which unites all technological processes. This tendency proved its efficiency in oil industry where coordination of all successive stages of technological process, namely, oil prospecting and production -oil transportation - oil processing - oil chemistry - oil products and oil chemicals marketing, is necessary. The article considers specific features of introduction of "personnel management" module at enterprises of oil and gas industry.
vertically integrated companies; personnel management