Selection of competitive strategies for privatized enterprises: a comparative study on the materials of East Germany and Russia

  • Igor Lipsits HSE University, 20, Myasnitskaya ul., Moscow, 101000, Russia
  • Elena Vigdorchik HSE University, 20, Myasnitskaya ul., Moscow, 101000, Russia
  • Andrey Neshchadin HSE University, 20, Myasnitskaya ul., Moscow, 101000, Russia
  • Alexander Eickelpasch Institute for Economic Research - DIW, Berlin
  • Tat'yana Rybakova Institute for Economic Research - DIW, Berlin
Keywords: Russia, privatization, the efficiency of the enterprise, results of privatization, East Germany, company, form of ownership, corporate restructuring, improving efficiency

Abstract

The results of the activities of privatized enterprises in East Germany and Russia are analyzed. It is shown that the change of ownership forms in itself, even in combination with massive investments, does not provide a rapid increase in the efficiency of enterprises established within the framework of the command economic system. It is proved that the solution of this problem requires the restructuring of enterprises and the development of new competitive strategies.  Discusses the principles of choice of such strategies and examples from Russian practice demonstrates that even in conditions of economic crisis, the company rationally choose their competitive strategies to achieve substantial success and defeat in the domestic markets to foreign competitors.

* Игорь Липсиц (Lipsits I.) включен Минюстом в список физлиц, выполняющих функции иностранного агента.

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Published
1998-01-04
How to Cite
LipsitsI., VigdorchikE., NeshchadinA., EickelpaschA., & RybakovaT. (1998). Selection of competitive strategies for privatized enterprises: a comparative study on the materials of East Germany and Russia. HSE Economic Journal, 2(4), 476-499. Retrieved from https://ej.hse.ru/article/view/29702
Section
Untitled section