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Assessment of the global competitiveness of Russian companies in the competitive landscape of the automotive industry
[Оценка Глобальной Конкурентоспособности Российских Компаний На Конкурентных Ландшафтах Отрасли Автомобилестроения]

Author

Listed:
  • Tsvetkova, L.A. (Цветкова, Л.А.)

    (The Russian Presidential Academy of National Economy and Public Administration)

  • Kurakov, F.A. (Кураков, Ф.А.)

    (The Russian Presidential Academy of National Economy and Public Administration)

Abstract

In order to determine the position of large Russian companies on the competitive landscape of the global automotive market, a comparative analysis of the largest Russian companies with foreign counterparts was conducted on a number of financial and economic indicators characterizing their innovative activity and efficiency. To compare the patent portfolios of Russian companies and similar global companies, the following indicators were used: the total number of patent applications filed by the company, the stability of patent activity, the number of technological areas in the strategic focus of the company (the breadth of the company’s R&D footprint), etc. It is concluded that Russian automakers ignore the new paradigm of global market leadership based on technological development: their R&D budgets are hundreds of times smaller than those of foreign companies-analogues, and portfolios of patents obtained in various national patent offices are thousands and tens of thousands of times smaller compared to market leaders.

Suggested Citation

  • Tsvetkova, L.A. (Цветкова, Л.А.) & Kurakov, F.A. (Кураков, Ф.А.), 2019. "Assessment of the global competitiveness of Russian companies in the competitive landscape of the automotive industry [Оценка Глобальной Конкурентоспособности Российских Компаний На Конкурентных Ла," Economy of science, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 258-270, December.
    • Handle: RePEc:rnp:ecosci:es1918
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    More about this item

    Keywords

    global competitiveness; automotive industry; competitive landscapes; corporate R&D budgets; patent activity; technological strategies;
    All these keywords.

    JEL classification:

    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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