Kuznetsov, Alexey (2010): Urgent tasks for research on Russian TNCs. Published in: Transnational Corporations , Vol. 19, No. 3 : pp. 81-95.
Download (505kB) | Preview
Rapid cross-border expansion of Russian firms in the past decade has stimulated much research interest in Russian foreign direct investment (FDI), especially since 2003. This paper identifies several problems in the existing literature which still persist, in spite of the significant progress in research on Russian transnational corporations (TNCs). The paper stresses the importance of Russia’s unique recent history and its implications for the choice of investment destination for Russian firms. This paper concludes by suggesting that studies focusing on a more nuanced influence of the State on large as well as small and mediumsized Russian TNCs should be undertaken.
|Item Type:||MPRA Paper|
|Original Title:||Urgent tasks for research on Russian TNCs|
|Keywords:||Russian TNCs; multidisciplinary approach; internationalization; the post-communist economy; FDI drivers; neighbourhood effect; state support|
|Subjects:||F - International Economics > F2 - International Factor Movements and International Business|
|Depositing User:||Alexey Kuznetsov|
|Date Deposited:||18. Nov 2012 13:56|
|Last Modified:||25. May 2015 05:59|
Andreff, Wladimir (2002). “The new multinational corporations from transition countries”, Economic Systems, 26, pp. 371-379.
Andreff, Wladimir (2003). “The newly emerging TNCs from economies in transition: a comparison with Third World outward FDI”, Transnational Corporations, 12(2), pp. 73-118.
Bank of Russia (2010a). International Investment Position of Russia for 2000-2009, <http://www.cbr.ru/eng/statistics/print.aspx?file=credit_statistics/iip_rf_e_.htm>, updated July 5.
Bank of Russia (2010b). Russian Federation: Outward Foreign Direct Investments of Nonbanking Corporations, by Country, <http://www.cbr.ru/eng/statistics/ print.aspx?file=credit_statistics/inv_out-country_e.htm >, updated 13 May.
Bereznoy, Alexey (2008). Russian Multinationals: New Players in the Global Economy, Moscow: Deloitte.
Boyarko, Grigory (2002). “Russian transnational mineral resource corporations”, Mineral Resources of Russia. Economics and Management, 12(3), pp. 66-74, <http://www.geoinform.ru/mrr.files>.
Bulatov, Alexander (1995). “Rossiyskiye predprinimatel’skiye investitsii za rubezhom” (Russian entrepreneurial investments abroad), in A. Bulatov (ed.), Ekonomika vneshnih svyazey Rossii, Moscow: BEK, pp. 495-527.
Bulatov, Alexander (1997). Vivoz kapitala iz Rossii i kontseptsiya yego regulirovaniya (Capital Export from Russia and the Concept of Its Regulation), Moscow: Moscow Public Scientific Fund.
Bulatov, Alexander (1998). “Russian direct investment abroad – main motivations in the post-Soviet period”, Transnational Corporations, 7(1), pp. 69-82.
Bulatov, Alexander (2001). “Russian direct investment abroad: history, motives, finance, control and planning”, Economics of Planning, 34(3), pp. 179-194.
Filippov, Sergey (2008). “Russia’s emerging multinationals: trends and issues”, UNU-MERIT Working Paper Series, 2008-062.
Heinrich, Andreas (2001). “Large corporations as national and global players: the case of Gazprom”, in Explaining Post-Soviet Patchworks: Actors and Sectors in Russia between Accommodation and Resistance to Globalization, ed. by Klaus Segbers, Ashgate, pp. 97-115.
Kalotay, Kalman (2004). “The European flying geese: New FDI patterns for the old continent?”, Research in International Business and Finance, 18(1), pp. 27-49.
Kalotay, Kalman (2008). “Russian transnationals and international investment paradigm”, Research in International Business and Finance, 22(2), pp. 85-107.
Kheyfets, Boris (2007). “Vneshniy sector rossiyskoy ekonomiki” (External sector of the Russian economy), Voprosy Ekonomiki, 79(11), pp. 76-91.
Kheyfets, Boris (2008). “Russian investment abroad. The basic flows and features”, The Hungarian Academy of Sciences’ Institute for World Economics Working Papers, 184, pp. 1-24.
Kuncinas, Paulius (2006). The Russians Are Coming: Understanding Emerging Multinationals, Moscow: EIU and RUSAL.
Kuznetsov, Alexei V. (2007a). “Prospects of various types of Russian transnational corporations (TNCs)”, Electronic Publications of Pan-European Institute, 10.
Kuznetsov, Alexey V. (2007b). Internatsionalizatsiya rossiyskoy ekonomiki: investitsionniy aspekt (Internationalization of the Russian Economy: an Investment Aspect), Moscow: URSS.
Kuznetsov, Alexey V. (2008a). “Russian Companies Expand Foreign Investment”, Russian Analytical Digest (http://www.res.ethz.ch), 34, pp. 2-7.
Kuznetsov, Alexey V. (2008b). “Pryamiye inostranniye investitsii: effekt sosedstva” (Foreign direct investment: “neighbourhood effect”), Mirovaya ekonomika i mezhdunarodniye otnosheniya, 52(9), pp. 40-47.
Kuznetsov, Alexey V. (2008c). “Investitsii v Tsentral’noy Azii: problemi konkurentsii rossiyskih i zarubezhnih TNK” (Investments in Central Asia: problems of competition between Russian and foreign TNCs), in Konflikti ekonomicheskih i politicheskih interesov na postsovetskom prostranstve, ed. by Fedor Voytolovskiy and Alexey Kuznetsov, Moscow: IMEMO, pp. 28-37, electronic version <http://www.imemo.ru/ru/publ/2008/08025.pdf>.
Kuznetsov, Alexey, and Anna Chetverikova (2009a). Russian Multinationals Continue Their Outward Expansion in spite of Global Crisis, Moscow: Institute of World Economy and International Relations & Vale Columbia Center on Sustainable Development, <http://www.imemo.ru/en/nsk/2009/EMGP-Russia-Report-2009_30Nov_Eng.pdf>.
Kuznetsov, Alexey V., and Anna S. Chetverikova (2009b). “Problemi rossiysko-pribaltiyskih ekonomicheskih svyazey” (Problems of Russian-Baltic economic ties), Mirovaya ekonomika i mezhdunarodniye otnosheniya, 53(7), pp. 73-81.
Kuznetsov, Alexey V. (2010). “Industrial and geographical diversification of Russian foreign direct investments”, Electronic Publications of Pan-European Institute, 7.
Liuhto, Kari (2001a). “Russian gas and oil giant conquer markets in the west: evidence on the internationalization of Gazprom and LUKoil”, Journal of East-West Business, 7(3), pp. 31-72.
Liuhto, Kari (ed.) (2001b). East Goes West – the Internationalization of Eastern Enterprises, Lappeenranta: Lappeenranta University of Technology.
Liuhto, Kari, and Jari Jumpponen (2001). “International activities of Russian corporations – where does Russian business expansion lead”, Russian Economic Trends, 10(3-4), pp. 19-29.
Moon, Hwy-Chang, and Thomas W. Roehl (2001). “Unconventional foreign direct investment and the imbalance theory”, International Business Review, 10(2), pp. 197-215.
Oviatt, Benjamin M., and Patricia Phillips McDougall (1994). “Toward a theory of international new ventures”, Journal of International Business Studies, 25(1), pp. 45-64.
Pelto, Elina, Peeter Vahtra and Kari Liuhto (2003). “Cyp-Rus investment flows to Central and Eastern Europe”, Electronic Publications of Pan-European Institute, 2.
Peregudov, Sergey (2001). “Large corporations as national and global players: the case of Lukoil”, in Explaining Post-Soviet Patchworks: Actors and sectors in Russia between accommodation and resistance to globalization, ed. by Klaus Segbers, Ashgate, pp. 116-135.
UNCTAD (2010). World Investment Report 2010: Investing in a Low-Carbon Economy, New York and Geneva: United Nations. Vahtra, Peeter, and Kari Liuhto (2004). “Expansion or Exodus? – Foreign operations of Russia’s largest corporations”, Electronic Publications of Pan-European Institute, 8.
Vinslav, Yu., M. Khusnutdinov, Ye. Pukhova and A. Uchin (1999). “K razvitiyu postsovetskih transnatsional’nih korporatsiy” (About development of post-Soviet transnational corporations), Rossiyskiy ekonomicheskiy zhurnal, 42(11-12), pp. 12‑21.
Welch, Catherine L., and Lawrence S. Welch (2009). “Re-internationalisation: exploration and conseptualisation”, International Business Review, 18, pp. 567-577.
Wilkins, Mira (1988). “European and North American multinationals, 1870-1914: comparisons and contrasts”, Business History, 30, pp. 8-45.