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Hidden Champions of Russia

In: Hidden Champions in Dynamically Changing Societies

Author

Listed:
  • Irina Skorobogatykh

    (Plekhanov Russian University of Economics)

  • Olga Saginova

    (Plekhanov Russian University of Economics)

  • Zhanna Musatova

    (Plekhanov Russian University of Economics)

  • Ekaterina Molchanova

    (Moscow School of Management Skolkovo)

  • Sofia Sedenko

    (Moscow School of Management Skolkovo)

Abstract

This chapter describes the evolution of the business environment in Russia since the state-controlled economy was replaced with a market-oriented economic system. It covers the political climate, industry developments, macroeconomic indicators, customer behavior, and more. It examines the general context of present business opportunities for small and medium-sized enterprises in Russia with particular reference to hidden champions. The authors revealed distinctive features inherent to Russia’s hidden champions in terms of market leadership, innovation, competitive advantage, management, and leadership style. The study concludes that, although the short horizon of the Russian economy seems to be uncertain and turbulent, the potential of the hidden champions is huge in the long run, considering their key advantages in their market niche.

Suggested Citation

  • Irina Skorobogatykh & Olga Saginova & Zhanna Musatova & Ekaterina Molchanova & Sofia Sedenko, 2021. "Hidden Champions of Russia," Springer Books, in: Alenka Braček Lalić & Danica Purg (ed.), Hidden Champions in Dynamically Changing Societies, edition 1, pages 359-386, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-65451-1_23
    DOI: 10.1007/978-3-030-65451-1_23
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    Cited by:

    1. Linan Lei & Xiaobo Wu, 2022. "Thinking like a specialist or a generalist? Evidence from hidden champions in China," Asian Business & Management, Palgrave Macmillan, vol. 21(1), pages 25-57, February.
    2. Schenkenhofer, Julian, 2020. "Hidden champions: A review of the literature & future research avenues," UO Working Papers 06-20, University of Augsburg, Chair of Management and Organization.
    3. Julian Schenkenhofer, 2022. "Hidden champions: a review of the literature & future research avenues," Management Review Quarterly, Springer, vol. 72(2), pages 417-482, June.
    4. Rammer, Christian & Spielkamp, Alfred, 2019. "The distinct features of hidden champions in Germany: A dynamic capabilities view," ZEW Discussion Papers 19-012, ZEW - Leibniz Centre for European Economic Research.

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