The Russian Capitalist Experiment
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The Russian Capitalist Experiment: From State-owned Organizations to Entrepreneurships

The Russian Capitalist Experiment: From State-owned Organizations to Entrepreneurships


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About the Book

It has been a decade since the collapse of central planning in the former communist countries became openly apparent and the rise of market forces took hold. This path-breaking book examines the transition of firms in Russia in their attempt to develop a market economy based on the capitalist model.Using a longitudinal perspective, the authors evaluate the evolution of Russian firms from the beginning of the 1990s to the end of the decade. They track the developments in four main stages of Russia's capitalist experiment, from the early years of commercialization, through privatization and nomenklatura stages, and concluding with the statization stage at the end of the decade. Drawing on primary data, original interviews and surveys, three types of companies are investigated: state-owned enterprises, entrepreneurships, and hybrid organizations that are primarily private with some state ownership. From their analyses the authors reach conclusions about trends in Russian management, and discuss implications for Russians and Westerners doing business in Russia, suggesting three possible scenarios for the future direction of Russia's capitalist experiment.

Table of Contents:
Contents: 1. Introduction Part I: Political and Economic Environment 2. Four Stages of Russia’s Economic Transition of the 1990s Part II: State-Owned Enterprises 3. Institute of Robotics and Technical Cybernetics 4. Toriy Research and Production Association Part III: Hybrid Companies 5. Mikromashina 6. Tonar 7. Ekip Part IV: Entrepreneurships 8. Premier Bank 9. Business Link 10. Aquarius Systems Inform 11. Platinum Russia 12. Vybor Part V: Analysis and Conclusions 13. Enterprise Progress During the Capitalist Decade 14. Interpreting the Capitalist Experiment and a Look Ahead References Index

About the Author :
Sheila M. Puffer, Professor of International Business, Northeastern University, Boston, US, Daniel J. McCarthy, Walsh Research Professor, Northeastern University, Boston, US and Alexander I. Naumov, Moscow State University, Russia

Review :
'Without question, this book is an important contribution to the Russian management literature and nothing less should be expected considering the team who authored it. . . . I strongly recommend The Russian Capitalist Experiment which is a rare chance to follow ten firms on their exciting journey through the 1990s as Russia's capitalist experiment unfolds.'


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Product Details
  • ISBN-13: 9781858986333
  • Publisher: Edward Elgar Publishing Ltd
  • Publisher Imprint: Edward Elgar Publishing Ltd
  • Height: 234 mm
  • No of Pages: 296
  • Width: 156 mm
  • ISBN-10: 1858986338
  • Publisher Date: 29 Mar 2000
  • Binding: Hardback
  • Language: English
  • Sub Title: From State-owned Organizations to Entrepreneurships


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