Risk management of international expansion of Russian high-tech small and medium-sized enterprises
The article discusses the specific features of the risk management of internationalisation of Russian small and medium-sized companies operating in the high-tech sector of the economy. International expansion has been considered on the example of the countries of the Visegrad Group – Poland, Czech R...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Publishing House of the State University of Management
2022-02-01
|
| Series: | Вестник университета |
| Subjects: | |
| Online Access: | https://vestnik.guu.ru/jour/article/view/3255 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1832541650819219456 |
|---|---|
| author | A. S. Prutkoy A. V. Savin |
| author_facet | A. S. Prutkoy A. V. Savin |
| author_sort | A. S. Prutkoy |
| collection | DOAJ |
| description | The article discusses the specific features of the risk management of internationalisation of Russian small and medium-sized companies operating in the high-tech sector of the economy. International expansion has been considered on the example of the countries of the Visegrad Group – Poland, Czech Republic, Slovakia and Hungary. A review of the methodological base of foreign economic risk management, formed by the efforts of Russian and foreign scientists, is carried out. Possible export risks have been described and assessed on the basis of scenario modelling and factor analysis. The essence of the identified risks and the key reasons for their formation are disclosed. Methods, measures and possible actors within the risk strategy's passport to affect the identified risks, are proposed. Conclusions about the effectiveness and performance of the proposed toolkit for export risk management, are made. |
| format | Article |
| id | doaj-art-e91d2f56e70648bf9221b10ee3b4c9a3 |
| institution | Kabale University |
| issn | 1816-4277 2686-8415 |
| language | English |
| publishDate | 2022-02-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj-art-e91d2f56e70648bf9221b10ee3b4c9a32025-02-04T08:28:10ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152022-02-01012788410.26425/1816-4277-2021-12-78-842221Risk management of international expansion of Russian high-tech small and medium-sized enterprisesA. S. Prutkoy0A. V. Savin1State University of ManagementState University of ManagementThe article discusses the specific features of the risk management of internationalisation of Russian small and medium-sized companies operating in the high-tech sector of the economy. International expansion has been considered on the example of the countries of the Visegrad Group – Poland, Czech Republic, Slovakia and Hungary. A review of the methodological base of foreign economic risk management, formed by the efforts of Russian and foreign scientists, is carried out. Possible export risks have been described and assessed on the basis of scenario modelling and factor analysis. The essence of the identified risks and the key reasons for their formation are disclosed. Methods, measures and possible actors within the risk strategy's passport to affect the identified risks, are proposed. Conclusions about the effectiveness and performance of the proposed toolkit for export risk management, are made.https://vestnik.guu.ru/jour/article/view/3255small and medium-sized enterprisesexportvisegrad grouprisksscenario modellingrisk management strategy passportexpansioneconomics |
| spellingShingle | A. S. Prutkoy A. V. Savin Risk management of international expansion of Russian high-tech small and medium-sized enterprises Вестник университета small and medium-sized enterprises export visegrad group risks scenario modelling risk management strategy passport expansion economics |
| title | Risk management of international expansion of Russian high-tech small and medium-sized enterprises |
| title_full | Risk management of international expansion of Russian high-tech small and medium-sized enterprises |
| title_fullStr | Risk management of international expansion of Russian high-tech small and medium-sized enterprises |
| title_full_unstemmed | Risk management of international expansion of Russian high-tech small and medium-sized enterprises |
| title_short | Risk management of international expansion of Russian high-tech small and medium-sized enterprises |
| title_sort | risk management of international expansion of russian high tech small and medium sized enterprises |
| topic | small and medium-sized enterprises export visegrad group risks scenario modelling risk management strategy passport expansion economics |
| url | https://vestnik.guu.ru/jour/article/view/3255 |
| work_keys_str_mv | AT asprutkoy riskmanagementofinternationalexpansionofrussianhightechsmallandmediumsizedenterprises AT avsavin riskmanagementofinternationalexpansionofrussianhightechsmallandmediumsizedenterprises |