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Japanese business in Russia: local challenges and adaptation

This paper analyses the factors attracting Japanese capital to Russian economy and challenges that Japanese business face in the process of adaptation to Russian business environment. The purpose of the research is to reveal and systemize factors restricting investment cooperation development and their roots and to find out possible ways of overcoming these challenges using the strengths of investment ties between the two countries. The research is based on the content analysis of interviews with Japanese business, academic community and non-governmental organizations representatives as well as on the results of the survey of Japanese companies participating in the Moscow Japan Business Club (JBC).