Open AccessThe Development of Russian Multinational Enterprises From the 1990s to the Present
Author(s) -
Anna Zubkovskaya,
Snejina Michailova
Publication year - 2014
Publication title -
organizations and markets in emerging economies
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.195
H-Index - 4
eISSN - 2345-0037
pISSN - 2029-4581
DOI - 10.15388/omee.2014.5.2.14235
Subject(s) - multinational corporation , internationalization , modernization theory , business , economic geography , phenomenon , russian economy , emerging markets , economic system , international trade , economics , economic growth , physics , finance , quantum mechanics
While the internationalization of Russian multinational enterprises (MNEs) has increased significantly since the early 2000s, this phenomenon has attracted limited attention among scholars. In the present paper we examine the key characteristics of Russian MNEs and use the literature on emerging market multinationals and Dunning’s OLI paradigm to trace Russian MNEs’ development from the 1990s to the present. We analyze this development, particularly in regard to ownership structure, location choices, entry modes, and motives to internationalize. We analyze how Russian MNEs have evolved into powerful entities and contributed to Russia’s modernization and integration into the global economy.