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Little is known about innovative and successful enterprises in the countries that, until 1990, were part of the Soviet Union. Most previous research has extensively covered barriers to entrepreneurship and innovation that exist in these countries, some of which undoubtedly represent a hostile and harsh environment for any entrepreneurial activity. In this book, a different perspective is introduced. The focus is shifted to the innovative potential that these environments provide, demonstrating how entrepreneurs have been able to convert possibilities in hostile business environments into successful businesses. Through this collection of six in-depth case studies, the authors illustrate how successful and innovative businesses were able to develop in countries such as Russia, Belarus, Kazakhstan, Kyrgyztan, Moldova and Ukraine. Each case study presents an overview of the country's key economic indicators and the role of small and medium-sized enterprises (SMEs) in the economy, followed by the presentation of a case study of a successful SME. Teachers, researchers and students of entrepreneurship will find much to interest them in this book, as will students of international business and anyone conducting business in Europe.
Edited by Ruta Aidis, Honorary Senior Researcher, University College London, UK and Friederike Welter, President and Managing Director, Institut für Mittelstandsforschung (IfM) Bonn and Professor, University of Siegen, Germany
Contents:1. IntroductionRuta Aidis and Friederike Welter2. Biocad: Innovation in the Russian Biotechnology Industry Alexander I. Naumov, Irina A. Petrovskaya and Sheila M. Puffer3. Struggling to Survive: The Case of a New Technology-based Enterprise in BelarusDavid Smallbone, Anton Slonimski and Anna Pobol4. Overcoming Barriers: Business Consulting and Lobbying in KazakhstanGül Berna Özcan5. Surviving Uncertainty through Exchange and Patronage Networks: A Bsiness Case from KyrgyzstanGül Berna Özcan6. How to be Successful in an Adverse Business Environment: Knitwear Factory in MoldovaElena Aculai, Natalia Vinogradova and Friederike Welter7. Integrating Cutting-edge Chemical Knowledge and Entrepreneurial Drive: The Case of New Substances in Ukraine Nina IsakovaIndex
'This book, by two leading authorities on innovation and entrepreneurship is a tour de force of some of the challenges, and opportunities, that face entrepreneurs in emerging economies as they attempt to cross the divide between an old and a new economic order. It presents a fascinating account of the "myriad of obstacles" facing entrepreneurs in post-Soviet countries and, because it is based on case studies presents both a detailed, and ultimately a human, picture of how businesses have been built.'