Innovation and Entrepreneurship: Successful Start-ups and Businesses in Emerging Economies

Innovation and Entrepreneurship: Successful Start-ups and Businesses in Emerging Economies


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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.

Product Details

ISBN-13: 9781845429737
Publisher: Edward Elgar Publishing
Publication date: 08/31/2008
Pages: 144
Product dimensions: 5.90(w) x 9.30(h) x 0.70(d)

About the Author

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

Table of Contents


1. Introduction

Ruta Aidis and Friederike Welter

2. Biocad: Innovation in the Russian Biotechnology Industry

Alexander I. Naumov, Irina A. Petrovskaya and Sheila M. Puffer

3. Struggling to Survive: The Case of a New Technology-based Enterprise in Belarus

David Smallbone, Anton Slonimski and Anna Pobol

4. Overcoming Barriers: Business Consulting and Lobbying in Kazakhstan

Gül Berna Özcan

5. Surviving Uncertainty through Exchange and Patronage Networks: A Bsiness Case from Kyrgyzstan

Gül Berna Özcan

6. How to be Successful in an Adverse Business Environment: Knitwear Factory in Moldova

Elena Aculai, Natalia Vinogradova and Friederike Welter

7. Integrating Cutting-edge Chemical Knowledge and Entrepreneurial Drive: The Case of New Substances in Ukraine

Nina Isakova


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