Endowment of Intangible Resources and Phases of Internationalization in Emerging Economies. The Case of Russia

Carlos Jardon and Mariia Molodchik

HSE Working papers from National Research University Higher School of Economics

Abstract: The paper explores the relationship between different types of intangible resources and phases of the internationalization in the context of emerging economies. The Uppsala model is applied to build internationalization index considering export, import and investment activities. The database of more than 2000 Russian companies is used to test the hypotheses put forward. The findings reveal that relational capital has significant positive impact on each stage of internationalization; organizational capital improves internationalization except the last stage of being multinational. Contrary to our expectations human capital has no direct impact on internationalization; notwithstanding it has positive effect on relational and structural capital

Keywords: internationalization; internationalization index; Uppsala model; intangible resources; emerging markets; Russian companies; relational capital; structural capital; human capital; regression analysis (search for similar items in EconPapers)
JEL-codes: Z (search for similar items in EconPapers)
Pages: 16 pages
Date: 2015
New Economics Papers: this item is included in nep-cis, nep-knm and nep-tra
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Published in WP BRP Series: International Relations / IR, November 2015, pages 1-16

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Persistent link: https://EconPapers.repec.org/RePEc:hig:wpaper:22/ir/2015

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