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Tuesday, January 16, 2007

B-School Professor discusses the lack of U.S. Manufacturing in Russia

CBA Professors Dan McCarthy and Sheila Puffer offer their insight as to why U.S. companies are slow to move in Russia.

In the January 2007 cover story of Industry Week entitled, “BRIC Crumbling?,” by John McClenahen, Entrepreneurship and Innovation Professor Daniel McCarthy states that outside of the energy sector, US companies have been slow to relocate to Russia. "For the most part, because of the obsolete condition of the manufacturing sector in general in Russia, [U.S. manufacturers] have to go in through another [company's] greenfield [investment]," adds International Business Professor Sheila Puffer.

To read the full story, click here: http://www.paradigmshiftpr.com/briccrumbling.htm

Posted by Paradigm Communications at 9:52 AM
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