Intangible-Intensive Strategies of Russian Companies

23 Pages Posted: 15 Dec 2017 Last revised: 18 Dec 2017

See all articles by Sofia N. Paklina

Sofia N. Paklina

National Research University Higher School of Economics

Mariya Molodchik

National Research University Higher School of Economics, Perm Campus

Carlos M. Fernández-Jardón

University of Vigo - Departamento de Economia Aplicada

Date Written: December 14, 2017

Abstract

This paper explores strategic behavior of Russian companies with regard to intangible resources and its link to different types of performance. Additionally, the study addresses the question, whether companies in intangible-intensive profiles have specific characteristics in terms of industry, size, company age and type of ownership. Following intellectual capital view, the study provides a cluster analysis considering four attributes: human resources, innovative capabilities, information and communications technology (ICT) capabilities and relational capital. Analysis of more than 1,000 Russian public companies over the period 2004-2014 reveals three profiles of strategic behavior considering the employment of intellectual resources. The majority of Russian public companies (60%) follow the non-intensive intangible strategy. Only 13% of companies constitute the intangible-intensive profile having endowment of all intellectual resources higher than the sample average. The rest 27% of companies also persuade the intangible-intensive strategy with the focus on innovative capabilities.

Keywords: intangibles, intellectual capital, strategy, strategic group, cluster analysis, Russian companies, performance

JEL Classification: L10, O30, G30

Suggested Citation

Paklina, Sofia N. and Molodchik, Mariya Anatolievna and Fernández-Jardón, Carlos M., Intangible-Intensive Strategies of Russian Companies (December 14, 2017). Higher School of Economics Research Paper No. WP BRP 57/MAN/2017, Available at SSRN: https://ssrn.com/abstract=3087970 or http://dx.doi.org/10.2139/ssrn.3087970

Sofia N. Paklina (Contact Author)

National Research University Higher School of Economics ( email )

Myasnitskaya street, 20
Moscow, Moscow 119017
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

Carlos M. Fernández-Jardón

University of Vigo - Departamento de Economia Aplicada ( email )

E.U. de Enx. Técn. Industrial.
Vigo, Pontevedra E-36200
Spain

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