Opportunities in Russia: Internationalization of Danish and Austrian Businesses

Mår Klinge Jacobsen, Klaus E. Meyer

    Publikation: Working paperForskning

    Abstrakt

    Danish businesses appear to be less active in the emerging Russian market than those from other small economies in Western Europe. Therefore, this study surveys Danish and Austrian firms to compare their business activities in Russia, and factors in the home environment that may impact on this business. The results show that Danish firms can draw upon less Russia-specific human capital and
    fewer expanding business networks. In particular, Managers have less experience ‘on the ground’, and Russian language skills are less developed in Denmark. The study points to the importance of experiential knowledge in the internationalization process, not only for firms but for national economies. Policy to support East-West business may thus focus on the acceleration on partner-country specific learning processes.
    OriginalsprogEngelsk
    Udgivelses stedKøbenhavn
    UdgiverCEES, Copenhagen Business School
    Antal sider31
    StatusUdgivet - dec. 1998
    NavnWorking Paper / Center for East European Studies. Copenhagen Business School
    Nummer17

    Emneord

    • East-West business
    • Internationalization process
    • Market entry
    • Russia
    • Denmark
    • Austria

    Citationsformater

    Jacobsen, M. K., & Meyer, K. E. (1998). Opportunities in Russia: Internationalization of Danish and Austrian Businesses. CEES, Copenhagen Business School. Working Paper / Center for East European Studies. Copenhagen Business School, Nr. 17