Bridging the Gap in Competitiveness of Russian Companies with Intangible Bricks

Measuring Business Excellence, Vol. 21 Issue: 1, pp.86-100, https://doi.org/10.1108/MBE-03-2016-0017

Posted: 25 Jan 2018

See all articles by Elena Shakina

Elena Shakina

National Research University Higher School of Economics

Ángel Barajas

National Research University Higher School of Economics, SPB; National Research University Higher School of Economics - International Laboratory of Intangible-driven Economy

Mariya Molodchik

National Research University Higher School of Economics, Perm Campus

Date Written: 2017

Abstract

The paper aims to explore factors of the low competitiveness of Russian companies assuming that the gap in the endowment of intangible resources is responsible for the gap in competitiveness.

Design/methodology/approach The framework of resources-based view is used to examine causality between the resources used and competitiveness measured by economic value added (EVA). Controlling for the most relevant factors, the authors place an emphasis on those intangible resources that are considered in the literature as being the most critical for Russian companies when contending for global competitiveness: productivity, strategic long-term orientation of companies, quality of human capital, innovative behavior of companies, foreign investments and corporate networks. The data set of more than 1,000 Russian companies benchmarked to the data set of more than 1,600 European companies during a period of 10 years: 2004-2013 is analyzed to test the hypothesis put forward.

Findings Causal effect of the gap in intangible endowment and competitiveness of Russian companies compared with European rivals is revealed. According to our analysis, gaps in productivity, strategy implementation, qualifications of the board of directors and company location play critical roles in the global competitiveness of Russian companies. Meanwhile, underinvestment in structural resources, such as enterprise resource planning (ERP) systems and other intangible assets, are considered positive factors that reduce gaps in EVA.

Originality/value The paper introduces original approach for studying the gap in performance caused by the gap in used resources.

Keywords: Competitiveness, Intangible Resources, European Companies, Russian Companies

Suggested Citation

Shakina, Elena and Barajas Alonso, Ángel and Molodchik, Mariya Anatolievna, Bridging the Gap in Competitiveness of Russian Companies with Intangible Bricks (2017). Measuring Business Excellence, Vol. 21 Issue: 1, pp.86-100, https://doi.org/10.1108/MBE-03-2016-0017, Available at SSRN: https://ssrn.com/abstract=3104550

Elena Shakina

National Research University Higher School of Economics ( email )

Studencheskaya str., 38
Perm, Perm krai 614070
Russia

Ángel Barajas Alonso (Contact Author)

National Research University Higher School of Economics, SPB ( email )

3A Kantemiroskaya
Saint Petersburg, 194100
Russia

HOME PAGE: http://www.hse.ru/en/staff/barajas

National Research University Higher School of Economics - International Laboratory of Intangible-driven Economy ( email )

Lebedeva,27
Perm, Perm 614070
Russia

Mariya Anatolievna Molodchik

National Research University Higher School of Economics, Perm Campus ( email )

Studencheskaya street, 38
Perm, Perm 614017
Russia

HOME PAGE: http://www.hse.ru

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