Infrastructure as the Key to Domestic Companies’ Entering the Global Markets

Abstract

The purpose of the research is to determine the infrastructural barriers for the companies’ entering the global markets by the example of modern Russia and to develop the practical recommendations for overcoming them. The methodology of the work is based on systematizing and logical analysis of statistical data, which are formed from the Global Competitiveness Report for 2017–2018 (World Economic Forum 2017). The authors perform regression and correlation analysis, with the help of which the dependence of domestic companies’ entering the global markets on the infrastructural provision is determined. The research objects are the four largest countries with developing economies: Russia, Brazil, China, and India. The main conclusion is that the counties with developing and forming market economies are peculiar for non-conformity of the infrastructural provision of entrepreneurship to the global standards that are set by the developed countries. This is an obstacle on the path of opening their export potential. The authors prove that modern Russia possesses wide possibilities in the sphere of entrepreneurship transnationalization. In order to accelerate this process, the practical recommendations for solving the determined problems in the sphere of infrastructural provision of entrepreneurship in Russia, which hinder its successful transnationzalization, are offered. In order to achieve the synergetic effect, it is recommended to use them in the systemic and complex way in modern Russia. For this, the algorithm of the domestic companies’ entering the global markets through the prism of infrastructural provision development is offered.