@ARTICLE{26543120_26549455_1998, author = {Igor Lipsits and Elena Vigdorchik and Andrey Neshchadin and Alexander Eickelpasch and Tat'yana Rybakova}, keywords = {, the efficiency of the enterprise, results of privatization, Russia, privatization, East Germany, company, form of ownership, corporate restructuringimproving efficiency}, title = {

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

}, journal = {HSE Economic Journal }, year = {1998}, volume = {2}, number = {4}, pages = {476-499}, url = {https://ej.hse.ru/en/1998-2-4/26549455.html}, publisher = {}, 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.}, annote = {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.} }