| Budget Amount *help |
¥4,160,000 (Direct Cost: ¥3,200,000、Indirect Cost: ¥960,000)
Fiscal Year 2013: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2012: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2011: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2010: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
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| Research Abstract |
New emerging and transition economies have been mostly analysed as countries-recipients of FDI in the economic literature. Economic growth of emerging economies in 2000s stipulated the emergence of new emerging multinational corporations (MNCs) and stimulated the outward FDI from these countries. The present study empirically investigates the organization and strategies of Russian MNCs and concludes that Russian companies expand their business abroad in the sectors where they have competitive advantage, and that there is a path-dependency trend in the foreign expansion. There are strong linkages with offshore regions as major destinations for Russian FDI and strong financial ties with CIS region. Russian economic system as a whole predefines the process of transnationalization of Russian companies and their foreign expansion strategies and, thus, we conclude that the Russian case presents institutionally-driven motivation for expansion that supplements existing theories on MNCs.
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