Russian Oil and Gas MNEs Investing in China: The Role of Government in Value Creation

A literature review on CEE firms’ internationalization: success measurement, achievement and outcomes

“…Thus, three databases – Scopus, Google Scholar and Thomson Reuters’ Web of Science – were searched to find out whether they had published any other articles or book chapters that could be included into the analysis. As a result, 16 publications (Ciszewska-Mlinarič, 2015; Ciszewska-Mlinarič and Trapczyński, 2019a, 2019b; Ciszewska-Mlinarič et al , 2012; Ciszewska-Mlinarič et al , 2020; Lukason and Vissak, 2016; Lukason et al , 2021; Miranda García et al , 2019; Panibratov, 2016; Panibratov and Klishevich, 2020; Panibratov et al , 2022; Trapczynski, 2016b, Trąpczyński et al , 2016; Vissak, 2022a, 2022b, Wójcik and Ciszewska-Mlinarič, 2020) were added. Thus, in total, 113 publications will be analysed in the following sections.…”

“…Some authors have used a large market share and/or a large number of customers as indicators of successful internationalization. For example, Zemplinerová (2012) studied a firm that intended to become a leader in South-Eastern and Central Europe, Panibratov (2016) focused on firms that were among the world’s largest companies in their industry while Ferencikova and Hluskova (2015) described internationalization of a firm whose software was used by more than 1,000 firms and 51 million users in 115 countries. Reavey et al (2022) also emphasized that gaining more customers can lead to sales increase and, as a result, export success.…”

“…Moreover, decreased local demand (Durand and Lautier, 2013) or local consumers’ low interest for the firm’s products or services (Mihailova et al , 2020) can motivate them to seek for more promising foreign markets (Stoian et al , 2016). In addition, some firms internationalize successfully after getting financing – for instance, financial incentives – from their home country’s institutions (Earl et al , 2022; Panibratov, 2016). From foreign market and/or industry conditions, studies have mentioned favourable economic policies like trade liberalization (Békés and Muraközy, 2012), financial incentives and a favourable investment climate (Gorynia et al , 2015).…”

Utilizing the Chinese Diaspora by Russian Firms: Capabilities and Legitimacy Implications

“…The number of firms importing technologies from abroad is six to ten times larger than those exporting technology. Russian enterprises recognize the critical importance of technology and innovation for their competitiveness (Panibratov & Klishevich, 2020;Spillan et al, 2021) but most are simply unable to close the technological gap with the developed world on their own due to their baseline limitations and increasing technological complexity (Spillan et al, 2021); hence, the growing interest in collaborating with Asia, China in particular, to acquire the necessary technical knowledge (Panibratov, 2017;Skolkovo & TusPark, 2016). In addition to sourcing directly from foreign countries, engaging with the Chinese diaspora in Russia can be an effective route to achieving such outcomes.…”

“…This is illustrated by our examples of Grand restaurant 'Chin' and the 'SkillSet' language center mentioned above. Lastly, compared to domestically focused companies, Russian firms pursuing internationalization strategies have a more pressing need to upgrade their technical, organizational, and especially global capabilities to adapt to foreign markets (Panibratov, 2017;Skolkovo & TusPark, 2016). The following set of propositions summarizes the above discussion on the effects of Chinese diasporans on Russian firm capabilities:…”