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Strategic behavior of Russian companies

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Presentation on theme: "Strategic behavior of Russian companies"— Presentation transcript:

1 Strategic behavior of Russian companies
S. Paklina M. Molodchik

2 Profiles and strategies*
Strategy as a source of companies’ profiles Strategic use of intangibles Competitive advantage and growth of company’s value * Shakina, E. A., & Barajas, A. (2014). Intangible-intensive profile of a company: the key to outperforming.  Journal of Intellectual Capital, 15(2),

3 Literature review Paper Author(s) Data Findings
Business Innovation in Russian Industry I. Gurkov (2004) Quasi-longitudinal survey of 2,800 top corporate executives of Russian industrial enterprises 4 clusters: marketing & HR innovations (23%), management innovations (27%), products & tech innovations (27%), generic (23%) Exploring innovation modes of Russian companies: What does the diversity of actors mean for policymaking? L. Gokhberg et al. (2012) 30,800 Russian enterprises in mining, manufacturing and utilities sectors (Institute for Statistical Studies and Economics of Knowledge of HSE) 3 clusters: radical innovators (23%), active imitation (19%), passive technology adopters (58%)

4 Literature review (cont.)
Paper Author(s) Data Findings Competition, Innovation and Strategy: Empirical Evidence from Russian Enterprises T. Kuznetsova & V. Roud (2013) 1,000 Russian companies (European Manufacturing Survey) 4 clusters: modernizers (33%), innovators (29%), marketers (23%), generic (16%) Structural changes in the national innovation system: longitudinal study of innovation modes in the Russian industry L. Gokhberg et al. (2015) Pooled cross-section of Russian industrial companies of more than 20 employees for 7 clusters depending on innovations effects: no effect (16.4%), modernization (13.2%), new products (18.9%), quality & efficiency effects (11.3%), product-driven expansion (25.9%), synergic effects (14.4%)

5 Methodology 1st step: principal component analysis for each element of intellectual capital 2nd step: K-means clustering

6 Data 1,096 Russian companies Period:

7 Preliminary results: PCA
IC index Human capital Cost of employees Corporate university Board of directors’ education Structural capital Internal process capabilities ERP KM Site quality Innovative capabilities Intangible assets Patents R&D expenditures Relational capital Networking capabilities Employment of foreign capital Export Citations Number of subsidiaries Customer loyalty & reputation Brands Advertisement expenditures Participation in associations

8 Preliminary results: 3 clusters

9 Preliminary results: 4 clusters

10 Preliminary results: 2 and 5 clusters

11 Descriptive statistics


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