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Special Economic Zones in Russia

In: The Changing Nature of Doing Business in Transition Economies

Author

Listed:
  • Kari Liuhto
  • Valtteri Kaartemo

Abstract

In the last decade, companies from emerging countries have started to enter global markets at full steam (Fortune, 2009). Firms from the BRIC (Brazil, Russia, India and China) countries have also increasingly engaged in research and development (R&D) activities. As a result of this unprecedented development, 21 companies originating from BRIC countries have taken places among the top 1000 R&D investors in the world (DIUS, 2009). However, the data indicate that the growth of Russian companies does not correlate with the number of companies among the top R&D investors in the world. This suggests that despite the aspirations for increased R&D and the emphasis on a knowledge-based economy, Russian multinationals have mostly remained dependent on natural resources.

Suggested Citation

  • Kari Liuhto & Valtteri Kaartemo, 2011. "Special Economic Zones in Russia," Palgrave Macmillan Books, in: Marin Marinov & Svetla Marinova (ed.), The Changing Nature of Doing Business in Transition Economies, chapter 7, pages 104-122, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-33701-5_7
    DOI: 10.1057/9780230337015_7
    as

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