ABSTRACT

In this article we develop a framework to help Western executives understand Russian entrepreneurs and their ventures. (See Figure 1.) We illustrate the framework with examples from five professionally oriented entrepreneurial service and production ventures we tracked throughout the decade of the 1990s .... Profiled in Table 1, these largely successful ventures were outnumbered by many others that failed. Vybor, one of the profiled firms, was profitable for many years, but went bankrupt in 1996. Drawing on the framework, the article concludes with actions for strengthening entrepreneurship in Russia.