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Export of Finnish SMES to Russia: modern trends, challenges and prospects

Author

Listed:
  • P. R. Zashev
  • O. Yu. Trofimenko

Abstract

In the recent years substantial attention has been paid to various issues related to internationalization of small and medium-sized enterprises (SMEs). Remarkable, that the challenges related to SMEs’ foreign market entry are discussed not only within academic community. Policy makers are interested in good economic results of such companies, taking into consideration the fact that they employ a significant proportion of the working population. At the same time SMEs have a number of internal (hidden) reasons that hinder the process of internationalization. Moreover, they sustain the influence of various external environment factors to greater extent than big companies. The paper deals with challenges, opportunities and prospects existing for Finnish SMEs trying to enter the Russian market in the light of recent changes in the political and business environment.

Suggested Citation

  • P. R. Zashev & O. Yu. Trofimenko, 0. "Export of Finnish SMES to Russia: modern trends, challenges and prospects," International Trade and Trade Policy, ФГБОУ ВО "Ð Ð¾Ñ Ñ Ð¸Ð¹Ñ ÐºÐ¸Ð¹ Ñ ÐºÐ¾Ð½Ð¾Ð¼Ð¸Ñ‡ÐµÑ ÐºÐ¸Ð¹ ÑƒÐ½Ð¸Ð²ÐµÑ€Ñ Ð¸Ñ‚ÐµÑ‚ им. Г.Ð’. Плеханова", issue 2.
    • Handle: RePEc:acl:journl:y::id:122
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    References listed on IDEAS

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    1. S. Tamer Cavusgil, 1984. "Organizational Characteristics Associated With Export Activity," Journal of Management Studies, Wiley Blackwell, vol. 21(1), pages 3-22, January.
    2. Jane W. Lu & Paul W. Beamish, 2001. "The internationalization and performance of SMEs," Strategic Management Journal, Wiley Blackwell, vol. 22(6‐7), pages 565-586, June.
    3. Peter J. Buckley, 1989. "Foreign Direct Investment by Small- and Medium-Sized Enterprises: The Theoretical Background," Palgrave Macmillan Books, in: The Multinational Enterprise, chapter 2, pages 24-45, Palgrave Macmillan.
    4. Jean-Emile Denis & Daniel Depelteau, 1985. "Market Knowledge, Diversification and Export Expansion," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 16(3), pages 77-89, September.
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