10 research outputs found

    Entrepreneurship in the Russian Service Sector: Trends and Developments

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    In a market economy, the service sector across many industries is driven by entrepreneurship translating into powerful driving forces of motivation and competition (creative destruction). Under the post-Soviet transition the service sector in Russia is one of the most dynamic sectors of the national economy. There are strong indications of positive entrepreneurial developments in such segments of the service sector as construction and home improvement, real estate, wholesale and retail trade, banking, insurance, hospitality, tourism, and other industries. The paper identifies current patterns and trends, motivations and obstacles for entrepreneurship in the Russian service sector. It focuses on high propriety sub sectors in the service sector that are highly attractive for entrepreneurs and factors making those sub sectors particularly attractive; geographic, demographic and other factors affecting demand for services; major obstacles in the service sector affiliated with entrepreneurial business venture start-ups; key governance and support factors on the part of local and federal government; and finally common patterns of decision making in entrepreneurial business venture start-ups

    Doing Business in Russia: A Concise Guide

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    Russia is a major economy and important power in the global political-economic landscape. Following the dissolution of the USSR, Russia has become a premier global marketplace despite remaining enigmatic and challenging. The book serves as a concise guide in understanding Russia from an international business perspective. It explores strategic issues, drivers, constraints, costs, and risks of international expansion and includes analytical tools, practical applications, sources of information, and assistance in international business research. These are supplemented by analysis of Russia\u27s macro-economic profile, drivers, strategic strengths and weaknesses in the comparative context, including its international market attractiveness and opportunities for U.S. companies. The book examines Russia\u27s main industries, their profiles, trends and business attractiveness, trends, and marketing strategies. The discussion of Russia\u27s regions covers regional subdivisions and economic profiles with the focus on Moscow, the leading economic region. The book also covers the drivers and trends of the Russian small business sector and entrepreneurial business venturing. Despite the onslaught of capitalism, Russia retains its relationship-driven culture. The book provides insights by evaluating the determinants of Russian culture, its national profile in major global cross-cultural studies, and practical cultural applications in business, negotiations, and communications. The book\u27s pedagogy includes skill development exercises and cases on doing business in Russia

    Emerging Business Strategies for US Companies in Russia

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    Russian and American small business:: Motivations and obstacles

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    A survey of small-business owners was conducted during 1994-97 in Russia and the United States. The goal was to compare the motivations and obstacles experienced by venture creators in the two countries. Russia is a country with an emerging market economy. The USA has an established free market economy, a strong entrepreneurial culture, and its small business sector plays an important role in the economy. The survey found similarities stemming from the nature of human behavior and business vagaries. The differences originated from a less developed business infrastructure in Russia versus the United States, a volatile business environment in Russia versus stability in the United States, and finally, cultural differences.

    Doing Business in the United States A Guide for Small Business Entrepreneurs with a Global Mindset

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    This book serves as a concise guide for businesses seeking to enter the U.S. market from an international perspective. The book examines how the United States is positioned in the global marketplace, the potential for businesses entering the U.S. market, and marketing trends and applications, with an emphasis on small- to medium-sized enterprise (SME) market expansion. Chalked full of success stories, readers will develop an understanding of American markets and the American consumer, marketing mix considerations, brand building and activation tools and strategies, approaches to developing a strong and differentiated brand for U.S. market entry, and analytics tools and methods for assessing marketing entry performance
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