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Article

Innovative actions and innovation (in)capabilities of Russian industrial companies: a further extension of observations

Post-Communist Economies. 2011. Vol. 23. No. 4. P. 507-516.

This article reports the results of a further extension of a quasi-longitudinal survey

among top corporate executives in Russian industry, presenting a snapshot of current

innovation actions and innovation capabilities of Russian enterprises. Through

comparison of the responses from the 2004 and 2010 surveys, changes in the business

and management of Russian companies are examined. The perceived abilities to

perform particular stages of innovation projects have significantly increased and

Russian companies successfully use contractors for various types of innovation

activity. However, the intensity of innovations remains low and the resources that can

be utilised to create innovations at Russian CEOs’ disposal remain limited as few actual

innovation projects satisfy the criteria imposed by Russian owners to improve the

overall profitability of the firm. The owner’s criteria for evaluating innovation

effectiveness particularly impede radical product innovations and breakthrough

innovations in production technologies. The results of this study indicate that the

relationship between the perception of innovative capabilities by CEOs and the

intensity of innovations proved to be a valuable research construct and this suggests

that comparative study of innovation capabilities of firms in emerging and developed

economies would be a profitable extension of this research.