Competitive capacity of Russian enterprises in the process of their internationalization: current state, issues, and perspectives

E. A. Lukashenko ()
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E. A. Lukashenko: Finance Academy under Government the Russian Federation

Journal of Modern Competition, 2009, issue 4, 85-98

Abstract: The process of economic globalization makes Russian enterprises not only exist in a tough competitive environment in the domestic as well as in the international markets, but also opens wide perspectives in front of the most effective of them. The practical activity of Russian companies in the sphere of their internationalization has extended in the recent ten years. Nevertheless the financial crisis revealed the ineffective character of strategies in those national companies (for the most part raw materials companies) which operate in foreign markets, thus it once again proved the existence of negative characteristics in the present day Russian economy. The article is aimed at finding ways to increase the competitive capacity of Russian enterprises in the process of their entering the foreign market.

Keywords: competitive environment; business internationalization; competitive advantages of national business (search for similar items in EconPapers)
Date: 2009
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