Modernization of Russian economy by usage of European business instruments
This research aims to analyze the ways of modernization of economy on the base of modern occidental management, industrial and accounting practices diffusion in the enterprises of Russian Federation. In particular, the new emerging paradigm, the clusters, is analyzed. The relevance of this argument stands, on the one hand, in the increasing level of economic, political and trade relations between West and Russia and the growing weight of Russia on the international arena and, secondly, the lack of systematic material on this topic. Thus, the research aims to verify whether and how the intensification of these relations has an impact on corporate culture and "way of doing business" in Russia according to Western, in general, and Italian, in particular, best practices.
This article is dedicated to the analysis of effectiveness of special economic zones (SEZ), a rather new, but promising phenomenon in Russian Federation economy. It includes general analysis of SEZ, its reaction to the world financial crisis, analysis of innovation implementation SEZ (II SEZ), and, in particular, its IT-potential. At the end, the cases related to innovative products realized in these zones are described and some economic and financial indicators suitable to describe the dynamics of development of these agglomerations of IT enterprises are given.
The author of this article compares the rules of accounting and disclosure in the financial (accounting) statements of the inventories according to the international and local standards, estimates the impact of differences between the applied rules on the financial condition of the organization.
Described approach delivers opportunities for unstructured information utilization in order to increase efficiency of innovation in education activity for separate tutors, science workers, professors and for scholarship, university as a whole for creating and automation of innovative process and therefore for maximization of ROI (return on investments) in universities intellectual and social capital. As a result, virtual community with a multiple content centres is created presenting a prototype of intellectual neural network with distributed association nodes. These nodes are formed during non-standard educational process similar to brainstorming where participants have quite different knowledge levels and limitation due to ‘traditional thinking’, for example, classical seminar in auditorium in parallel with webinar. In this process all steps except final (gathering of experts) are human non-dependant, what increase efficiency of this process in general.
Innovation is the realization of a creative idea being applied to an existing problem. This application may be either of a new idea or the adoption of an existing idea. As we can see some aspects of Enterprise Architecture development and other activities in large organizations may grow from supposed purely engineering tasks to real research problems. This is a soil for cooperation and co-innovation in research and development that may be of a great value for both science and industry.
The authors of this article compare the principles of financial (accounting) statements and its qualitative characteristics, provided by international and local accounting standards, assess their effect on the financial condition of the organization.
The case presents strategy of a medium-size Russian company involved in design, manufacturing and distribution of medical devices for haematological and microbiological laboratories. The data presented in the case should enable the students to perform an analysis of the proposed new ventures, to identify main opportunities and risks in the proposed new venture, to understand the additional demands and requirements imposed on stakeholders of the company in a new venture. The case is intended to be one of core cases in specialized courses in Business and Management in Russia Programs for oversea students or in broader courses on Competitive and Corporate strategies and Innovation Management at graduate levels (Master in management programs) or in executive programs (full-time and part-time MBA and Executive MBA). The case is designed to be used by both on-site and distance learning techniques.
One of the basic factors of economic growth in the information knowledge - based economy is the innovation component determined by the level of intellectual capital usage. Of the specifics in the usage of intellectual capital is that the cost evaluation of intellectual resources on the macro-level as a factor of economic growth is extremely difficult and there are more evaluation possibilities on the micro-level. The risk's estimation based on making use of discount theory.