Swedish SMEs' Establishment of Business in Russia: A Case Study

Hultén, Peter

doi:10.1080/10669860902900206

Cited by 3 publications

(1 citation statement)

References 41 publications

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“…While the entry strategies of MNEs into emerging markets and transition economies have been investigated by several scholars (Hultén, 2009;Arslan & Larimo, 2011), the possible impact of an increased uncertainty on companies which are already established on the market is still an under-researched phenomena. The present study is limited to an analysis of strategies chosen by Swedish companies currently operating in Russia.…”

Section: Research Problem and Purposementioning

confidence: 99%

Strategy under Uncertainty: Empirical Evidence from Swedish Companies Operating in Russia

Golubeva

2016

IJBM

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The objective of this paper is to describe and explain company strategies under uncertainty. The study attempts to examine closer interaction between research on strategic management and internationalization theory. Recent escalation of conflict between Russia and the EU/USA in combination with economic recession increased the level of uncertainty. The article explores how this deterioration is reflected in a strategy of Swedish companies operating in Russia. This study builds on the empirical data from a survey conducted in 2015 among 73 Swedish firms. The findings of the study contribute to knowledge regarding diversity in commitments shown by different companies at one particular point of time under the same circumstances. The study reveals a domination of expansion strategy chosen by Swedish firms during the current escalation of uncertainty in Russia. A growing strategy under uncertainty has seldom been reported and analyzed by scholars. The study demonstrated that uncertainty is not only a threat to companies operating on the market, but can lead to expanding strategies attempting to exploit the opportunities that uncertainty might offer. Appraising the risk concept, the study provides implications for companies' managers on the importance of a commitment decision to face the deterioration caused by the uncertainty. Empirical data from this study also suggest that uncertainty is handled by companies better than one might expect. The article questions whether companies and managers are really risk-averse in their behaviour.

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Section: Research Problem and Purposementioning

confidence: 99%

Strategy under Uncertainty: Empirical Evidence from Swedish Companies Operating in Russia

Golubeva

2016

IJBM

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The First Mover in New Emerging Markets: Balancing Risks versus Opportunities in the Case of Belarus

Zashev

Ehrstedt

2010

Journal of East-West Business

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The impact of manufacturing industries on Ghana’s economy

Addo¹

2017

IJRSM

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Ghana's economic growth over the last decade has been among the most rapid in Africa and faster than in some high investment emerging market economies. The economy of Ghana has experienced moderate but consistent growth over the past 25 years, with growth rate between 1990 and 2010 averaging 5 percent. Industry in Ghana accounts for about 25.3% of total GDP.However, Ghana's industrial production is rising at a 7.8% rate, giving it the 38th fastest growing industrial production in the world due to government industrialization policies.Currently, it is estimated that the average medium-term real GDP growth rate in Ghana would be at least 8% per annum. Currently, Ghana's industrial sector after the rebasing of the national account estimates in November 2010 consists of five sub-sectors namely; Manufacturing, Construction, Mining and Quarrying, Electricity, Water and Sewerage. Prior to the rebasing, the electricity and water and sewerage sub-sectors had been lumped together. The key objective of the study is to examine the factors that affect the competitiveness of local industries highlighting both the internal and external constraints. Questionnaires were used as the main instrument for primary data collection from the respondents. Also, various questions under each objective were analyzed systematically using the one sample t-test presented in tables and graphs (SPSS and Excel). In addition, Michael Porter's Theory was used to analyze the competitiveness of local manufacturing industries in Ghana. Lastly, logical inferences and interpretations were made out of the resultant data.

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Swedish SMEs' Establishment of Business in Russia: A Case Study

Cited by 3 publications

References 41 publications

Strategy under Uncertainty: Empirical Evidence from Swedish Companies Operating in Russia

Strategy under Uncertainty: Empirical Evidence from Swedish Companies Operating in Russia

The First Mover in New Emerging Markets: Balancing Risks versus Opportunities in the Case of Belarus

The impact of manufacturing industries on Ghana’s economy

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