The U.S. Russia Center for Entrepreneurship
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Issue 11 / April 2010

This issue contains the following articles:


Entrepreneur: A Very Lonely Occupation - Interview by Alexander Vasilevsky, Editor-in-Chief; published in National Business, December 2009

A 4 Billion Dollar Meeting by Irina Silacheva, published in Delovoi Peterburg, No. 012, February 3, 2010

Getting Outside of the “Box” of the Crisis by Dmitry Sirotkin and Alexander Pechersky, Partners, ALT Research and Consulting

Survey of the Effectiveness of U.S. Russia Center for Entrepreneurship Programs for the Development of Business, 2003-2009 by Irina Alekseyeva, Elena Lapshina; Project Executor: Analitika-Biznes-Consulting, Moscow, 2010

An Effective Team - Team Creation, Management, and Motivation Practices by Anna Mechenova

On Bankruptcy - Owners’ Risks, and Business Protection by Elena Nepomyashchaya

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Issue 10 / November 2009

This issue contains the following articles:


The Three Great Myths of Business - by Ray Smilor

The Missing Half of Democracy by Vladimir Marakhonov, Investment Manager, Quadriga Capital; edited by Paul Tumminia, vice-editor of Entrepreneurship Insights e-Bulletin

Enhancing Energy Effectiveness as a Method of Lowering Infrastructure Costs by Vladimir Markin, Chairman, Board of Directors, Energy-Effective Technologies Group

Types of Incentives for Solving Tasks Involving Risk by Aleksey Maslov, Ph.D. in Economics, Professor, St. Petersburg Institute of Mechanical Engineering; edited by Paul Tumminia, vice-editor of Entrepreneurship Insight

The Internet: A Resource for Increasing Sales by Elena Nepomiashchaia

Changing Direction: I’m Opening a New Business! by Svetlana Cheremisina

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Issue 9 / August 2009

This issue contains the following articles:


Lowering Business Infrastructure Costs
by Elena Nepomiashchaia

Your Business Didn’t Succeed? Don’t Be Sad, Open a New One! by Katrin Nassberg, published in Delovoy Peterburg on June 8, 2009

A Crisis is an Exciting Time for Real Entrepreneurs by Elena Nepomiashchaia

The Business Owner’s Role in a Period of Crisis by Svetlana Cheremisina

Danger: Optimization in Progress! by Valentin Pertsiya, Mikhail Vozniuk

The Russian Town and the Soviet Megalopolis: Problems of Transformation by Kirill Aleksandrov, Ph.D. in History, St. Petersburg State University; edited by Paul Tumminia, vice-editor of Entrepreneurship Insights e-Bulletin

Horizontal Cooperation as a Means of Survival in the Economic Crisis by George Shestakov, Economist, Deacon Andrey Kuraev Foundation; edited by Paul Tumminia, vice-editor of Entrepreneurship Insights e-Bulletin

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Issue 8 / March 2009

This issue contains the following articles:

Business and Asset Management Strategies in a Period of Crisis by Elena Nepomiashchaia

A Crisis of Broken Commitments by Svetlana Cheremisina

The Crisis Has Conducted a Strategic Audit by Dmitry Sirotkin, Partner, ALT Research and Consulting Company

Research into the Benefits of the Increasing Eligibility Threshold for SMEs to Participate in the Russian Simplified Taxation System - Summary Authors: Igor Mikhalkin, Director, Russian SME Resource Center, Irina Alexeeva, Deputy Director, Russian SME Resource Center; Survey Authors: Igor Mikhalkin, Project Manager; and Galina Ermilova, PhD; Irina Alexeeva; Elena Lapshina, PhD., Experts.

The Three Duties by Ray Smilor, Executive Director, Beyster Institute

Management of Infrastructure Support for the Operations of Enterprises and Organizations by Nikolai Ivanov, Professor, St. Petersburg State University of Economics and Finance

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Issue 7/ December 2008

This issue contains the following articles:

Entrepreneurs as Leaders of Change by Victor Sedov, President of the US-Russia Center for Entrepreneurship. (First published in MARCHMONT Investment Guide to Russia, 2007, vol. 1, #4).

Entrepreneurship in Russia: GEM 2007 Summary Results by Îlga Verkhovskaya, Ph.D. in Economics, Assistant Professor, Coordinator of the GEM Project for Russia; Mariya Dorokhina, Ph.D. in Social Sciences, Research Associate, Graduate School of Management, St. Petersburg State University

2nd Russia-U.S. Entrepreneurial Forum by Randy Mitchell, Senior Adviser for Entrepreneurship, U.S. Department of Commerce; Eric Hansen, Vice-President, The U.S. Russia Center for Entrepreneurship

CFE Matching Funding by Eric Hansen, Vice-President, The U.S. Russia Center for Entrepreneurship

Becoming Luckier by Ray Smilor, Executive Director, Beyster Institute

Sales Strategy in a Market Dominated by Chain Stores by Igor Egorov, Editor of the Entrepreneurship Insights e-Bulletin; Director of St. Petersburg Office, The U.S. Russia Center for Entrepreneurship

“The Last Refuge of a Scoundrel” - Andrew D. White “Fiat Money Inflation in France” book summary by Igor Egorov, Editor of “Entrepreneurship Insights” e-Bulletin

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Issue 6 / July 2008

This issue contains the following articles:

How and from whom do Entrepreneurs learn best? by Victor Sedov, Executive Director, The U.S. Russia Center for Entrepreneurship. First published in “My Business” magazine, May 2008

Internet Retailing: The Experience of Nizhny Novgorod Companies by Svetlana Cheremisina, nnIT.ru web portal

Analyzing a Borrower’s Creditworthiness: Organizational and Management Factors by Anton Malyshev, Senior Project Manager, Corporate Banking, St. Petersburg Branch of Alfa-Bank

The Construction Industry: Problems of and Prospects for the Transition from Licensing to Self-Regulation by Olesya Shestakova, Attorney, St. Petersburg Branch of Pepeliaev, Goltsblat & Partners

Entrepreneurship in the Book by Jesus Huerta de Soto "Socialism, Economic Calculation and Entrepreneurship" by Igor Egorov, Editor of Entrepreneurship Insights e-Bulletin, edited by Paul Tumminia, counsel, Chadbourne & Parker LLP, N.Y.

The GULAG and the System of State Coercion in the USSR: The Reality and the Consequences of Suppressing Economic Creativity by Kirill Aleksandrov, PhD, St. Petersburg State University; edited by Paul Tumminia, counsel, Chadbourne & Parker LLP, N.Y.

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Issue 5 / March 2008

This issue contains the following articles:

The Russian Transit Route – 2: State Idealism against Utilitarian Separatism (The Experience of the Empire’s Disintegration, 11th to Early 12th Centuries) by Dr. Yury Sokolov, Professor at St. Petersburg State University; Editor of the English translation of the article: Paul Tumminia, Vice-Editor of the Entrepreneurship Insights e-Bulletin, Chadbourne & Parke LLP, N.Y.

Key Employee Retention by Andrey Tsinchenko, Personnel Director, Khlebny Dom, Fazer Group

Business Valuation: What an Entrepreneur Needs to Know by Oleg Tikhonov, Department of Financial Analysis and Appraisal, Becar Group of companies

The Russian Association of Entrepreneurship Education by Ludmila Murgulets, Executive Director, Russian Association of Entrepreneurship Education, Senior Advisor & Professor, Stockholm School of Economics in Russia

Can Entrepreneurship Be Taught? by Igor Yegorov, Editor of the Entrepreneurship Insights e-Bulletin, Yana Leonenkova, CFE Project Coordinator, St. Petersburg; Editor of the English translation: Paul Tumminia, Vice-Editor of the Entrepreneurship Insights e-Bulletin, Chadbourne & Parke LLP

Investment Projects of Small and Medium-Sized Businesses: The Experience of Nizhny Novgorod Entrepreneurs by Elena Fomchenko, Director, Nizhny Novgorod Office, The U.S. Russia Center for Entrepreneurship

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Issue 4 / November 2007

This issue contains the following articles:

Entrepreneurship and Property in Russia: A Tragedy of Reversed Modernization by Kirill Aleksandrov, Ph.D. in history, St. Petersburg State University;  Editor of the English translation of the article: Paul Tumminia, Vice-Editor of the Entrepreneurship Insights e-Bulletin, Chadbourne & Parke LLP, N.Y.

The Inflation Process, Capitalization Growth, and the Stability of Property Rights by Igor Yegorov, Editor of the Entrepreneurship Insights e-Bulletin; Editor of the English translation of the article: Paul Tumminia, Vice-Editor of the Entrepreneurship Insights e-Bulletin, Chadbourne & Parke LLP, N.Y.

Project Finance for Growth Companies by Paul Tumminia, Counsel, Chadbourne & Parke LLP, N.Y.

The Power of One...and One...and One...and by Ray Smilor, Executive Director, Beyster Institute

Outsourcing as an Instrument for Business Development by Yana Leonenkova, Project Coordinator, U.S. Russia Center for Entrepreneurship, St. Petersburg Office

Mergers and Acquisitions: An Instrument for Growth or a Threat to the Company? by Darya Vaskovich, Moscow Program Manager, U.S. Russia Center for Entrepreneurship

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Issue 3 / June 2007

This issue contains the following articles:

Centralized Entrepreneurship - The Russian Transit Route and Economic Development in Kievan Rus’ in the 8th and 9th Centuries by Yury Sokolov, Ph.D. History, Professor, St. Petersburg State University; Editor of the English translation: Paul Tumminia, Vice-Editor of the Entrepreneurship Insights e-Bulletin, Chadbourne & Parke LLP, N.Y.

Organization Management Based on a Classification of the Structures of Tasks Handled by Personnel by Ŕleksey Maslov, Ph.D. Economics, Assistant Professor, St. Petersburg State University of Economics and Finance; Editor of the English translation: Paul Tumminia, Vice-Editor of the Entrepreneurship Insights e-Bulletin, Chadbourne & Parke LLP, N.Y.

Leading a High Performance Company: Empowering Employees through Delegation and Motivation by Dr. Jana Matthews, Founder and CEO, The Jana Matthews Group

Brand Characteristics: Instruments of Protection by Margarita Mironova, Senior Patent Attorney, DLA Piper, St. Petersburg Branch

The Mechanics of Working with a Direct Investment Fund by Anton Titov, Former Vice President, Delta Private Equity Partners, and Igor Yegorov, Director, St. Petersburg Office, U.S. Russia Center for Entrepreneurship

Entering International Markets: Experiences of Nizhny Novgorod Companies by Elena Fomchenko, Project Coordinator, U.S. Russia Center for Entrepreneurship

Managing Strategic Change: Organizational and Personnel Issues by Igor Yegorov, Director, St. Petersburg Office, U.S. Russia Center for Entrepreneurship, Editor, Entrepreneurship Insights e-Bulletin

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Issue 2 / February 2007

This issue contains the following articles:

Illegal Supply and the State Power, or How the Soviet Kleptocracy Originated. Interview with Alexander Davydov, Professor of History, St. Petersburg State Pedagogical University, by Editor of Entrepreneurship Insights e-Bulletin Igor Yegorov

Investment Project Development in Medium-Sized Business by Eugene Sapotnitsky, Ph. D. (Engineering) & Mikhail Kasimov, Ph. D. (Economics), Chief Project Engineers, AO Harris Group International

The Powerful Pitch: Making Winning Presentations To Investors by Ray Smilor, Executive Director, Beyster Institute, University of California, San Diego

Business Angels in Russia by Darya Klyarovskaya, Project Coordinator, U.S. Russia Center for Entrepreneurship, St. Petersburg 

How to Enter the Market in Other Russian Regions: The Experience of Nizhny Novgorod Companies by Elena Fomchenko, Project Coordinator, U.S. Russia Center for Entrepreneurship, Nizhny Novgorod

How Entrepreneurship Should Be Taught. Interview with Eric Hansen, Deputy Director of the U.S. Russia Center for Entrepreneurship, conducted by Boris Starstev, Higher School of Economics News

FastTrac Planning Seminar and Certification of FastTrac Facilitators in Nizhny Novgorod by Elena Fomchenko, Project Coordinator, U.S. Russia Center for Entrepreneurship, Nizhny Novgorod

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Issue 1 / October 2006

This issue contains the following articles:

Introduction by Victor Sedov, Executive Director, The U.S. Russia Center for Entrepreneurship

Role of Entrepreneurs in today’s Russia by Igor Yegorov, Editor of Entrepreneurship Insights

Miraculous Russian Soul? The State Power and Russian Entrepreneurs: Historical Perspective. By Sergei Podbolotov, Vice-Director, Centre for Russian Studies, Bilkent University, Ankara, Turkey

Vertical and Horizontal Integration in Russia: Means of Survival in Competition or Method for Monopolization? by George Shestakov, Investment Consultant

Accelerating Entrepreneurship in Russia by Eric Hansen, Deputy Director, The U.S. Russia Center for Entrepreneurship

Success through Franchising! Entrepreneurship Group Panel Discussions by Daria Klyarovskaya, Project Coordinator, CFE St. Petersburg Office

Increasing Competitiveness through Direct Investments: How to Achieve Results by Mikhail Terentiev, Nizhny Novgorod Office Director

Entrepreneurial Marketing. Creative Approaches to Winning Customers and Capturing Markets. By Michael Morris, Witting Chair in Entrepreneurship, Syracuse University, USA

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