The Emergence of the Russian Mobile Telecom Market
Keyword(s):
This chapter features a case study of the emergence of the cellular phone industry in Moscow and St. Petersburg. These are local stories about how fragments of the old Communist state—in particular traditional telecoms and a military research lab, both of which had highly qualified engineers—mostly successfully reached out to foreign partners to jointly found six new cellular companies. These are the types of stories that Gorbachev promised but too rarely delivered. This chapter confirms the basic message of the previous chapter that “market formation” in post-Communist Russia was not the spontaneous invisible hand of Adam Smith and Friedrich Hayek but instead was the visible-hand emergence of business alliances and groups.
2005 ◽
Vol 26
(12)
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pp. 1885-1907
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Keyword(s):
2020 ◽
pp. 17-23