The paper is devoted to the influence of the social networks on entrance to foreign markets of Russian entrepreneurial firms. Although the majority of researchers assume that social networks play a key role in the process of internationalization of small and medium enterprises, the authors made...

Demand by growing ownerrun SMEs for specialized management knowledge is resolved primarily through the separation of ownership and control, using top management labor market and agency contracts. Under certain environmental institutional conditions, owners of Russian SMEs face difficulties...