Abstract
This chapter focuses on some crucial issues related to entrepreneurial development in Russia, which emerge from the area studies on the subject. The first section provides evidence on how the administrative regime tends to reproduce conditions that distort the recognition of opportunities, and keeps small businesses in subaltern conditions. The second recalls some differences among the socio-territorial systems in terms of economic complexity and openness to international markets, and points to the ways in which they impinge on the ease of doing business. The third section looks at Russia through Italian lenses starting from the idea that the “Third Italy” of SMEs and industrial clusters may be an unusual but good comparator for reassessing the role of emerging entrepreneurship in local socio-economic systems.
Keywords
- Social Capital
- Entrepreneurial Activity
- Industrial Cluster
- Global Entrepreneurship Monitor
- Russian Region
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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© 2015 Bruno Grancelli
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Grancelli, B. (2015). Local Systems and the Minor Architecture of Markets. In: The Architecture of Russian Markets: Organizational Responses to Institutional Change. Palgrave Pivot, London. https://doi.org/10.1057/9781137508492_4
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DOI: https://doi.org/10.1057/9781137508492_4
Publisher Name: Palgrave Pivot, London
Print ISBN: 978-1-349-50610-1
Online ISBN: 978-1-137-50849-2
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