This paper is a product of the Japan-Russia joint research project entitled "Corporate governance and integration processes in the Russian economy" under the auspices of the Institute of Economic Research, Hitotsubashi University (Tokyo) and the Institute for Industrial and Market Studies, State...

In the epoch of globalization, small or medium-sized national companies have great difficulties in finding an appropriate place for themselves in global labor division systems. They most frequently apply either strategies that help them becoming part of global value chains as regular suppliers,...