Transnational Corporation Studies in IMEMO: Achievements and New Tasks

292
DOI: 10.20542/0131-2227-2016-60-12-111-117

A. Kuznetsov, Primakov National Research Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO), 23, Profsoyuznaya Str., Moscow, 117997, Russian Federation (kuznetsov@imemo.ru



Abstract
The author briefly reviews books of key researchers in foreign direct investment (FDI) and transnational corporations (TNCs) from the Institute of World Economy and International Relations (IMEMO) which was the main Soviet center in the field of International Business (IB) studies. Despite of few possibilities of practical application of their results of IB studies Soviet scholars managed to produce some interesting fundamental researches as well as to receive good knowledge of Western achievements in IB studies. Then the article presents modern achievements of IMEMO in this field. Research of Russian TNCs has become the most successful topic of IB studies for IMEMO due to good knowledge of specifics of modern Russian business in contrast to majority of Western scientists. The most interesting results of IMEMO specialists are connected with analysis of mutual FDI relations between Russia and various countries (including the problem of competition between Russian investors and TNCs from European and East Asian countries), rankings of Russian TNCs and new methods of FDI data collection which help to present information on Russian FDI geographical and industrial structure. It was difficult to overcome quickly the gap in theoretical work and quantitative analysis but an original concept of mobilizing factors for FDI was presented as well as some econometric exercises were made with data on mutual FDI in the CIS. According to competitive advantages of Russian scientists, new tasks for their IB studies can be connected with more complicated synthesizing analysis of various sources of FDI statistics (especially for research in Eurasian economic integration), deeper comparative studies of TNCs from various countries (especially BRICS and other emerging markets), unprejudiced analysis of political aspect of foreign expansion of TNCs from Russia and other BRICS, and further theoretical work (e.g. with elaboration of so named corporate map concept).
 
 

Keywords

Institute of World Economy and International Relations (IMEMO), transnational corporation (TNC), foreign direct investment (FDI), International Business (IB) studies, concepts of internationalization of companies, FDI statistics 


REFERENCES
1. Dunning J.H. American Investment in British Manufacturing Industry. London, George Allen & Unwin Ltd., 1958. 365 p.
 
2. Buckley P.J. The Theory of International Business pre-Hymer. Journal of World Business, 2011, vol. 46, no. 1, pp. 61-73. DOI: 10.1016/j.jwb.2010.05.018.
 
3. Gertsbah M.I. Mezhdunarodnye monopolii [International Monopolies]. Moscow, Communist Academy Publ., 1930. 367 p.
 
4. Hamilton G., ed. Red Multinationals or Red Herrings? The Activities of Enterprises from Socialist Countries in the West. London, Pinter, 1986. 202 p.
 
5. Dunning J.H., ed. The Theory of Transnational Corporations. United Nations Library on Transnational Corporations, Routledge, 1993. 454 p.
 
6. Khmel’nitskaya E.L. Monopolisticheskii kapitalizm Zapadnoi Germanii [Monopolistic Capitalism of West Germany]. Moscow, Institute of International Relations Publ., 1959. 354 p.
 
7. Pevzner Ya.A. Gosudarstvenno-monopolisticheskii kapitalizm v Yaponii posle vtoroi mirovoi voiny [State-Monopolistic Capitalism in Japan after the WWII]. Moscow, USSR Academy of Sciences Publ., 1961. 424 p.
 
8. Belous T.Ya. Mezhdunarodnye promishlennye monopolii [International Industrial Monopolies]. Moscow, Mysl’, 1972. 279 p.
 
9. Selihov E.I. Mezhdunarodnye banki i bankovskie gruppirovki [International Banks and Banking Groups]. Moscow, Mysl’, 1973. 286 p.
 
10. Belous T.Ya. Mezhdunarodnye monopolii i vivoz kapitala [International Monopolies and Capital Export]. Moscow, Nauka Publ., 1982. 320 p.
 
11. Yudanov Yu.I. Zapadnaya Evropa–Yaponiya: dvizhenie kapitalov [Western Europe – Japan: Capital Movements]. Moscow, Znanie, 1980. 64 p.
 
12. Yudanov Yu.I. Eksport kapitala iz Zapadnoy Evropi [Export of Capital from Western Europe]. Moscow, Nauka, 1980. 327 p.
 
13. Yudanov Yu.I. Zapadnoyevropeyskii kapital v USA [Western European Capital in the USA]. Moscow, Nauka Publ., 1985. 272 p.
 
14. Astapovich A.Z. Transnatsional’nye korporatsii i protivorechiya kapitalizma [Transnational Corporations and Contradictions of Capitalism]. Moscow, Znanie, 1981. 64 p.
 
15. Astapovich A.Z. Strategii transnatsional’nykh korporatsii [Strategies of Transnational Corporations]. Moscow, Progress, 1983. 288 p.
 
16. Astapovich A.Z. Transnatsional'nyi kapital USA v mirovom khozyaistve [US Transnational Capital in the World Economy]. Moscow, Nauka Publ., 1990. 198 p.
 
17. Bereznoi A.V. Mezhdunarodnye kompanii razvivayushchikhsya stran (Vneshnyaya ekspansiya natsional'nogo predprinimatel'skogo kapitala). [International Companies of Developing Countries (Foreign Expansion of National Entrepreneurial Capital)]. Moscow, Nauka Publ., 1986. 201 p.
 
18. Bereznoi A.V. Transnatsional’niye korporatsii na rinkakh razvivayuschikhsya stran. Ogranichitel’naya delovaya praktika [Transnational Corporations on Markets of Developing Countries: Restrictive Business Practice]. Moscow, Nauka Publ., 1985. 197 p.
 
19. Kondrat’ev V.B., Dynkin A.A., eds. Osobennosti investitsionnoi modeli razvitiya Rossii [Specifics of Investment Model of Russian Development]. Moscow, Nauka Publ., 2005. 309 p.
 
20. Khesin E.S., Yudanov Yu.I., Kuznetsov A.V., eds. Evropeiskiye pryamye investitsii v Rossii [European Direct Investments in Russia]. Moscow, IMEMO RAS, 2006. 221 p.
 
21. Shishkov Yu.V. Internatsionalizatsiya proizvodstva – novyi etap razvitiya mirovoi ekonomiki [Internationalization of Production Is a New Period of World Economy Development]. Moscow, IMEMO RAS, 2009. 92 p.
 
22. Kalotay K. Russian Transnationals and International Investment Paradigms. Research in International Business and Finance, 2008, vol. 22, issue 2, pp. 85-107. DOI: 10.1016/j.ribaf.2006.12.002 
 
23. Liuhto K., Vahtra P. Foreign Operations of Russia’s Largest Industrial Corporations – Building a Typology. Transnational Corporations, 2007, vol. 16, no. 1, pp. 117-144.
 
24. Kuznetsov A.V. Internatsionalizatsiya rossiyskoy ekonomiki: investitsionnyi aspect [Internationalization of the Russian Economy: an Investment Aspect]. Moscow, ComKniga/URSS, 2007. 288 p.
 
25. Ramamurti R. What Is Really Different about Emerging Market Multinationals? Global Strategy Journal, 2012, vol. 2, pp. 41-47. DOI: 10.1002/gsj.1025
 
26. Kuznetsov A.V. Rossiiskie pryamye investitsii v stranakh SNG [Russian Direct Investment in CIS Countries]. Mezhdunarodnye protsessy, 2012, vol. 10, no. 2, pp. 18-28.
 
27. Dunning J.H., Narula R. Multinational Enterprises, Development and Globalisation: Some Clarifications and a Research Agenda. Oxford Development Studies, 2010, vol. 38, no. 3, pp. 263-287.
 
28. Kalotay K., Sulstarova A. Modelling Russian Outward FDI. Journal of International Management, 2010, vol. 16, issue 2, pp. 131-142. DOI: 10.1016/j.intman.2010.03.004
 
29. Kuznetsov A.V., Kvashnin Y.D. Kolichestvennyi analiz vzaimnykh pryamykh investitsii stran SNG i Gruzii [Quantitative Analysis of Mutual Direct Investments of CIS Countries and Georgia]. Evraziyskaya Ekonomicheskaya Integratsiya, 2014, no. 1, pp. 32-48.
 
30. Kuznetsov A.V. The Development of Russian Multinational Corporations. International Studies of Management and Organization, 2011, vol. 41, no. 4, pp. 34-50. DOI: 10.2753/IMO0020-8825410402
 
31. Chetverikova A.S. Vzaimnye pryamye investitsii Rossii i ES v metallurgii [Mutual Direct Investments between Russia and the EU in Metal Industries]. Mirovaya ekonomika i mezhdunarodniye otnosheniya, 2015, no. 4, pp. 49-57.
 
32. Kvashnin Yu.D. Perspektivy rossiisko-turetskogo investitsionnogo sotrudnichestva [Prospects of Russian-Turkish Investment Cooperation]. Mezhdunarodnaya ekonomika, 2015, no. 1, pp. 38-44.
 
33. Trofimova O.E., Shchedrin A.V. Ekonomicheskie prioritety otnoshenii Rossii i Afriki yuzhnee Sahary [Economic Priorities of Russian Relations with Sub-Saharan Africa]. Mezhdunarodnye protsessy, 2015, vol. 13, no. 4, pp. 122-134. DOI 10.17994/IT.2015.13.4.43.9
 
34. Bulatov A.S. Russian Direct Investment Abroad: History, Motives, Finance, Control and Planning. Economics of Planning, 2001, vol. 34, issue 3, pp. 179-194. DOI: 10.1023/A:1011891229287
 
35. Kuznetsov A.V. Foreign Investments of Russian Companies: Competition with West European and East Asian Multinationals. Herald of the Russian Academy of Sciences, 2016, vol. 86, no. 2, pp. 77-85. DOI: 10.1134/S1019331616020039
 
36. Olenchenko V.. On Russian/Nordic Investment Competition in the Baltic States. Baltijskij Region, 2015, no. 2, pp. 21-35. DOI: 10.5922/20798555201523
 
37. Peregudov S.P. Lobbizm rossiiskogo krupnogo biznesa v Evropeiskom Soyuze (makrouroven’) [Lobbyism of Russian Large Business in the European Union (Macro-level)]. Mirovaya ekonomika i mezhdunarodniye otnosheniya, 2009, no. 9, hp. 49-63.
 
38. Kuznetsov A.V., Kvashnin Y.D., Gutnik A.V. Monitoring of Mutual Investments in the CIS – 2013. Saint Petersburg, EDB Centre for Integration Studies, 2013. 54 p.
 
39. Kuznetsov A.V., Kvashnin Y.D., Nevskaya A.A., Chetverikova A.S. EAEU and Eurasia: Monitoring and Analysis of Direct Investments. St. Petersburg, EDB Centre for Integration Studies, 2015. 66 p.

40. Kuznetsov A.V. The Baltics in the Geography of the Largest Transnational Corporations of Europe. Baltijskij Region, 2015, no. 1, pp. 25-35. DOI: 10.5922/20798555201512 


Registered in system SCIENCE INDEX

For citation:
Kuznetsov A. Transnational Corporation Studies in IMEMO: Achievements and New Tasks. Mirovaya ekonomika i mezhdunarodnye otnosheniya, 2016, vol. 60, No 12, pp. 111-117. https://doi.org/10.20542/0131-2227-2016-60-12-111-117



Comments (0)

No comments

Add comment







Indexed
 
Current Issue
2020, vol. 64, No. 5
Topical Themes of the Issue:

  • eijing’s Pain Points
  • International Role of Euro and European Integration
  • Sources and Trends of Japanese International Relations Theories
  • New Dimensions of Identity Politics: Contested Memories in History Museums of the 20th Century
View This Issue (2020, vol. 64, No. 5)
Submit an Article

Dear readers!
Please note that free access to full-text issues of the Journal is being opened at our WEB-site after 6 months of the date of publications. Currently, the releases of 2015–2018 are available for free. The work on deepening the open archive of full-text issues will be continued.

Dear readers!
This is to inform the researchers of the Institute of World Economy and International Relations that electronic version of the 4-nd issue of 2019 of French magazine Politique étrangère is now available. Those who are interested, please personally address to the editorial staff of MEMO Journal (room 18-17) with an electronic media (e-mailing is not possible because of technical reasons).

NEW SECTION

In response to the challenges of our time the Editorial board continues to open new thematic rubrics:

“The Common Spaces”. The XX century was marked by the process of active development of the so-called common spaces, namely the World ocean, outer space and the Internet which, due to various reasons, were previously perceived as peripheral for the mankind and were not used at all or less intensively. Since then, the degree of their development and usage is constantly increasing. Even though the prospects of obtaining material dividends from their use are often extremely remote, the level of competition there is steadily increasing, resulting in growing inter-state conflicts’ potential.

“Silk Road and prospects of Great Eurasia”. It is planned to publish materials concerning the Chinese project of Silk Road and its impact on the socio-economic development of various countries in Eurasia and the integration processes in this mega-region.

“Africa today and tomorrow”The rubric devoted to contemporary issues of Africa which is attracting growing interest of the world's leading actors. We plan to publish the articles analyzing the status of statehood, socio-economic and political development of the countries of Black continent, as well as the integration processes between them.

“Civilization processes of modern development” is a new rubric opened by MEMO Journal in 2020. It will be devoted to the analysis of the influence of civilizational factors and inter-civilizational interactions on the political and socio-economic development of the world at whole, regions and countries.

Dear colleagues, authors and readers!

We kindly request you to turn to editor-in-chief and executive secretary directly concerning reviewing scientific publications in our journal. Only editor-in-chief takes decision on order and publication the reviews!

CONTEST!

"World Eonomy and International Relations" announces a contest for the best joint academic publications of domestic and foreign researchers and experts in topical issues of the world economy and international relations. The winners will be selected according to the results of peer reviewing and discussion at the Editorial Board. The articles will be published in priority order.

SUBSCRIBE TO THE JOURNAL

The print version of “World Economy and International Relations” journal is distributed by advance subscription only, and is not offered for retail sale. To subscribe please address to any post office in Russia by referring to the Federal Postal Service Union Catalogue, section “ARSMI”, the journal index is 70542. The subscription may be made for the whole subscription period or starting from any nearest available month for desired number of issues.

To purchase the full-text electronic version of the journal’s issue/article please address to the WEB portal of Scientific electronic library eLIBRARY.ru or URL: https://press.gaugn.ru/.

In journal
WORLD ECONOMY AND INTERNATIONAL RELATIONS
                     Full
                     Subjects
                     Authors
                     Articles by year
                     Authors by year
Years
2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 |

The author’s opinions may not coincide with the position of editorial