Elena Shakina
- Deputy Director:HSE Campus in St. Petersburg
- Dean :HSE Campus in St. Petersburg / St.Petersburg School of Economics and Management
- Laboratory Head:HSE Campus in Perm / International Laboratory of Intangible-driven Economy
- Assistant Professor:HSE Campus in St. Petersburg / St.Petersburg School of Economics and Management / Department of Management
- Leading Research Fellow:HSE Campus in St. Petersburg / St.Petersburg School of Economics and Management / International Laboratory of Intangible-driven Economy
- Elena Shakina has been at HSE University since 2002.
Education and Degrees
- 2016
PhD
University of Vigo
Thesis Title: Company investment strategies for intangibles - 2016
MBA
Thesis Title: Individual research grants and academic productivity - 2008
Candidate of Sciences* (PhD) in Finance, Monetary Circulation and Credit
HSE University
Thesis Title: Program Evaluation in Public Finance: the Case of Perm Region - 2003
Degree in Finance and Credit
HSE University, economics - 2003
Degree in Finance and Credit
HSE University
According to the International Standard Classification of Education (ISCED) 2011, Candidate of Sciences belongs to ISCED level 8 - "doctoral or equivalent", together with PhD, DPhil, D.Lit, D.Sc, LL.D, Doctorate or similar. Candidate of Sciences allows its holders to reach the level of the Associate Professor.

Young Faculty Support Program (Group of Young Academic Professionals)
Category "Future Professoriate" (2011-2012)
Training
- 2009:The Scientific and PracticalCourse inAppliedEconometrics" (NES)
- 2010:InternationalSummer School of Bremerhaven(Germany),""
- 2010:CertificateBEC Vantage
- 2010: The Scientific and PracticalCourse inGame Theory" ( NES)
- 2011: International Week of University of Vigo (Spain) - Visiting Lecturer, Classes "Relative Valuation", training "GUUGLE Workshop"
- 2011: The Course in Empirical Industrial Organization" (NES)
- 2011: Workshop on Academic Writing (prof. Elko Huizingh (Huizingh Academic Development))
- 2012: Visiting Research Fellow at the Department of Accountancy and Finance, University of Vigo, Orense
- 2012: International Week of University of Vigo (Spain) - Visiting Lecturer, Classes "Business Valuation"
- 2012: Workshop on Academic Writing (NRU HSE)
- 2012: ISEO Summer School "Building the New Economic Welfare after the Crisis", Brecia, Italy, 23-30 June.
- 2012: Workshop on Contract Theory (NES)
- 2012: Internship in the University of Essex (in the frame of launching jount master program), Southend, London, UK, 18-26 November.
- 2013: Visiting Research Fellow at the Department of Accountancy and Finance, University of Vigo, Orense
- 2013: IELTS (Academic)
- 2014: Master program "Management in Higher Education" (NRU HSE) - 2nd year
- 2014: Visiting Research Fellow (18/07-08/08) at the Department of Accountancy and Finance, University of Vigo, Orense
- 2014: Summer School "Structural Estimation in Corporate Finance", Center for Monetary and Financial Studies, Madrid, Spain
Stimulation
- 2010-2011:Academic premium
- 2011-2012: Academic premium
- 2012-2013: Academic premium
- 2013-2015: Academic premium
- 2011-2012: Research Group "Intellectual Capital Evaluation"
- 2013: Research Group "Empirical Corporate Finance"
Responsibilities
General management of the International Laboratory of the Intangible-Driven Economy
Coordination of projects for the research and academic development at the St. Petersburg School of Economics and Management (SEM), including:
- SEM Research Seminar
- Ph.D. programs
- International scientific events (conferences, PhD workshops)
Participation in the development, updating and implementation of the SEM academic development policy
Classes
- Strategic Financial Management for graduate students
- Business Research Methods for graduate students
- Business Valuation for undergraduate students
Courses (2021/2022)
- Empirical Methods and Applications in Business (Master’s programme; St.Petersburg School of Economics and Management; 2 year, 2 module)Eng
Research Seminar (Postgraduate course’s programme; field of study "38.06.01. Экономика", field of study "38.06.01. Экономика"; 1 year, 2 semester)Eng
- Past Courses
Courses (2020/2021)
- Econometrics (Advanced Level) (Master’s programme; Faculty of Economics, Management, and Business Informatics; 1 year, 1-3 module)Eng
- Empirical Methods and Applications in Business (Master’s programme; St.Petersburg School of Economics and Management; 2 year, 3 module)Eng
Research Methods in Management (Master’s programme; St.Petersburg School of Economics and Management; field of study "38.04.02. Менеджмент", field of study "38.04.02. Менеджмент", field of study "38.04.02. Менеджмент"; 1 year, 2 module)Eng
- Research Seminar (Postgraduate course’s programme; 1 year, 1, 2 semester)Rus
Courses (2019/2020)
- Empirical Methods and Applications in Business (Master’s programme; St.Petersburg School of Economics and Management; 2 year, 2 module)Eng
Empirical Methods and Applications in Economics and Management (Postgraduate course’s programme; field of study "38.06.01. Экономика", field of study "38.06.01. Экономика"; 1 year, 1 semester)Eng
- Qualification (Postgraduate course’s programme; 2 year, 1 semester)Rus
Research Seminar (Postgraduate course’s programme; field of study "38.06.01. Экономика", field of study "38.06.01. Экономика"; 1 year, 1 semester)Rus
- Staffing Analytics Overview (Master’s programme; St.Petersburg School of Economics and Management; 2 year, 2 module)Eng
Courses (2018/2019)
- Research Seminar ''Data-driven Business Research'' (Master’s programme; St.Petersburg School of Economics and Management; 1 year, 1-4 module)Eng
- Strategic Management and Investments (Bachelor’s programme; St.Petersburg School of Economics and Management; 3 year, 3, 4 module)Eng
Courses (2017/2018)
Fields of Interest
- Value-based Managment
- Intellectual Capital Evaluation
- Empirical Corporate Finance
- Academic Contract
Research Projects
- April - June 2010 - Implementation of the Budgeting System and the Balanced Scorecard in Real Estate Company
- March - June 2009 - Development of Methodology for Assessing the Value of Fiscal Services for the Administration of the Perm Region
- October-November 2008 - Development of the Investment Strategy of Perm
- September 2008 - Introduction of Inter-industry Wages System in the Budgetary Institutions of Perm Region
- November-December 2007 - Study on the Transition of Archival Industry to the New Technology
- August - November 2007 - Development of the Socio-Economic Development Strategy of Solikamsk of Perm Region for 2008-2018
- September - November 2006 - Implementation of Balanced Scorecard of the Development Company
- October-December 2006 Development of the Methodological Framework and Business-plan to Create a Venture Fund
- April - September 2005 - Introduction of the Balanced Scorecard of the Oil Company
- December 2004 - February 2005 - Development of the Priorities of Socio-economic Development of the Perm Region
- others
Participation in Conferences
- Transition to Performance Budgeting: Mechanisms of Monitoring and Estimation. 11-th Bi-Annual Conference of European Association for Comparative Economic Studies «Comparing Responses to Global Instability», Tartu, Estonia: University of Tartu, Fuculty of Economics and Business Administration, 2010.
- EACES Workshop International Scientific Conference "Market Failures and the Role of Institutions" . Intellectual Capital: Value Drivers and Role of the Institutions in Europe and Russia, 22-24 September 2011, Milocer, Montenegro.
- 12th European Conference on Knowledge Management. Intellectual Capital Evaluation: Relationship between Knowledge Management Implementation and Company’s Performance, 1-2 September 2011, University of Passau, Germany
- iCARE, 2013, NRU HSE-Perm
- XV April International Academic Conference on Economic and Social Development, 2014
- iCARE, 2014, NRU HSE-Perm
Articles and book chapters28
- Article Shirokova G., Shakina E., Bacon-Gerasymenko V., Wales W. Entrepreneurial orientation as a mediator of ADHD – Performance relationship: A staged quasi-replication study // Journal of Business Venturing Insights. 2022. Vol. 17. Article e00312. doi
- Article Parshakov P., Shakina E., Barajas A. Testing the contestable market theory in eSports // Economic Research-Ekonomska Istraživanja. 2022. Vol. 35. No. 1. P. 122-142. doi
- Article Daviy A., Shakina E. Excess momentum or excess inertia: Do companies adopt technologies at the right time? // European Research on Management and Business Economics. 2021. Vol. 27. No. 3. Article 100174. doi
- Article Okulova O., Shakina E. Is there value in international accreditation beyond quality? An empirical analysis of the AACSB accredited schools // Higher Education Quarterly. 2021. P. 1-14. doi
- Article Shakina E., Parshakov P., Alsufiev A. Rethinking the corporate digital divide: The complementarity of technologies and the demand for digital skills // Technological Forecasting and Social Change. 2021. Vol. 162. Article 120405. doi
- Article Shakina E., Naidenova I. N., Barajas A. Shadow prices for intangible resources // Journal of Intellectual Capital. 2021 doi (in press)
- Article Paklina S., Shakina E. Which professional skills value more under digital transformation? // Journal of Economic Studies. 2021 doi (in press)
- Article Shakina E., Barajas A. 'Innovate or Perish?': Companies under crisis // European Research on Management and Business Economics. 2020. Vol. 26. No. 3. P. 145-154. doi
- Article Parshakov P., Shakina E. Do Companies Disclose Intellectual Capital in Their Annual Reports? New Evidence from Explorative Content Analysis // Journal of Intellectual Capital. 2020. Vol. 21 . No. 6. P. 853-871. doi
- Article Shakina E., Gasparetto T. M., Barajas A. Football Fans’ Emotions: Uncertainty Against Brand Perception // Frontiers in Psychology. 2020. Vol. 11. Article 659. doi
- Article Shakina E., Molodchik M., Parshakov P. Intangible-driven performance: Two decades searching for the Philosopher's Stone // Russian Management Journal. 2020. Vol. 18. No. 3. P. 433-456. doi
- Article Barajas A., Shakina E., Gasparetto T. M. At the stadium or at home: the effect of broadcasting matches // Sport, Business and Management. 2019. Vol. 9. No. 5. P. 495-505. doi
- Article Parshakov P., Shakina E. With or without CU: A comparative study of efficiency of European and Russian corporate universities // Journal of Intellectual Capital. 2018. Vol. 19. No. 1. P. 96-111. doi
- Article Barajas A., Shakina E., Fernandez-Jardon Fernandez C. M. Acceleration effect of intangibles in the recovery of corporate performance after-crisis // Research in International Business and Finance. 2017. Vol. 42. P. 1115-1122. doi
- Article Shakina E., Barajas A., Molodchik M. Bridging the gap in competitiveness of Russian companies with intangible bricks // Measuring Business Excellence. 2017. Vol. 21. No. 1. P. 86-100. doi
- Article Shakina E., Molodchik M., Barajas A. Endogenous Value Creation: Managerial Decisions on Intangibles // Management Research Review. 2017. Vol. 40. No. 4. P. 410-428. doi
- Article Shakina E., Barajas A., Parshakov P., Chadov A. L. Status-Quo vs New Strategy in Intangibles // Journal of Economic Studies. 2017. Vol. 44. No. 1. P. 138-153. doi
- Article Shakina E., Barajas A. Intangible-intensive profiles of companies: protection during the economic crisis of 2008-2009 // Journal of Intellectual Capital. 2016. Vol. 17. No. 4. P. 758-775. doi
- Chapter Shakina E., Molodchik M., Barajas A. Exploring value creation through intangibles: managers’ decisions vs investors’ expectations, in: XV Апрельская международная научная конференция по проблемам развития экономики и общества: в 4-х книгах / Отв. ред.: Е. Г. Ясин. Кн. 2. М. : Издательский дом НИУ ВШЭ, 2015. P. 279-288.
- Article Shakina E., Barajas A. Intangible-Intensive Profile Of A Company: The Key To Outperforming // Journal of Intellectual Capital. 2015. Vol. 16. No. 4. P. 1-25. doi
- Article Shakina E., Molodchik M. Intangible-driven value creation: supporting and obstructing factors // Measuring Business Excellence. 2014. Vol. 18. No. 3. P. 87-100. doi
- Article Molodchik M., Shakina E., Barajas A. Metrics for the elements of intellectual capital in an economy driven by knowledge // Journal of Intellectual Capital. 2014. Vol. 15. No. 2. P. 206-226. doi
- Article Shakina E., Barajas A. The Dynamics of Intellectual Resources During the Economic Crisis // Economic Research-Ekonomska Istraživanja. 2014. Vol. 27. No. 1. P. 861-881.
- Article Shakina E., Barajas A. Value Creation Through Intellectual Capital In Developed European Markets // Journal of Economic Studies. 2014. Vol. 41. No. 2. P. 272-291. doi
- Article Barajas A., Shakina E. The Contribution of Intellectual Capital to Value Creation // Contemporary Economics. 2013. Vol. 7. No. 4. P. 41-56. doi
- Article Molodchik M., Shakina E., Anna A. Bykova. Intellectual Capital Transformation Evaluating Model // Journal of Intellectual Capital. 2012. Vol. 13. No. 4. P. 1-13. doi
- Article Shakina E., Barajas A. The Relationship between Intellectual Capital Quality and Corporate Performance: An Empirical Study of Russian and European Companies // Economic Annals. 2012. Vol. 57. No. 192. P. 79-98. doi
- Chapter Shakina E., Bykova A. Intellectual Capital Evaluation: Relationship between Knowledge Management Implementation and Company’s Performance, in: Proceedings of the 12th European Conference on Knowledge Management / Ed. by F. Lehner, K. Bredl. Vol. 2. Leeds : Academic Publishing International Limited, 2011. P. 917-929.
Edited2
- Book Proceedings of Analytics for Management and Economics Conference AMEC 2019 / Сост.: E. Shakina. St. Petersburg : , 2019.
- Book Proceedings of International Analytics for Management and Economics Conference, HSE University — Saint Petersburg, September 27–28, 2019 / Ed. by E. Shakina. , 2019.
Working papers4
- Preprint Shakina E., Barajas A. An Intangible-Intensive Profile Of Companies: Protection During The Economic Crisis 2008-2009 / NRU Higher School of Economics. Series MAN "Management". 2015. No. WP BRP 33/MAN/2015.
- Preprint Shakina E., Barajas A. Intangible-Intensive Profile Of A Company: The Key To Outperforming / NRU Higher School of Economics. Series MAN "Management". 2014. No. WP BRP 22/MAN/2014.
- Preprint Shakina E., Barajas A. The Changing Role Of Intellectual Resources During The Economic Crisis Of 2008-2009 / NRU Higher School of Economics. Series MAN "Management". 2014. No. WP BRP 17/MAN/2014.
- Preprint Shakina E., Molodchik M. Intangible-driven value creation: supporting and obstructing factors / National research university Higher School of Economics. Series WP BRP 24/FE/2013 "HSE Working papers". 2013.
St. Petersburg HSE Campus and VK Form Strategic Partnership
The HSE Campus in St. Petersburg and VK have announced a partnership to implement academic and other projects. The partners will begin by creating the International Bachelor’s in Business and Economics programme at St. Petersburg School of Business. Sergey Mardanov, VK Director of University Relations, will become the Business Director of the new programme.
IDLab at the Yasin (April) conference
IDLab employees took an active part in the XXIII Yasin (April) International Academic Conference on Economic and Social Development
ID Lab ONLINE Workshop
Victor Krakovich presented the results of the study "Research-teaching nexus: the new answer to the old question"
From reviewers about reviews
On January 25 the HSE AWC hosted its first event in 2022 – the panel discussion "From reviewers, to reviewers, about reviews."
Key Things to Know About the New International Bachelor's in Business and Economics
In 2021, a new unique bachelor’s programme called ‘International Bachelor's in Business and Economics’ was launched at HSE – Saint Petersburg. This programme is the result of a merging of the previous bachelor's programmes in Economics and International Business and Management. In this interview, Elena Shakina, Dean of the St.Petersburg School of Economics and Management, revealed to us how the modified undergraduate programme will help students to acquire the most competitive and actual skills, as well as mentioned the benefits of its partnership with VK, a famous Russian internet company.
Here’s what happened at HSE – St. Petersburg in 2021
The HSE – St. Petersburg team prepared a recap of the most significant events of the outgoing 2021 year, while the campus director Anna Tyshetskaya shared her future plans for the campus.
ID Lab ONLINE Workshop
Anna Daviy presented the results of the research “Does the regional environment matter for the implementation of an ERP system? Data from Russia ", conducted under the supervision of Elena Shakina as part of the dissertation work
ID Lab ONLINE Workshop
Elena Zelenskaya presented a new study "The efficiency of the performing arts: Evidence from data envelopment analysis for Russian theaters"
IDLab researchers joined the Council for Data of the Federal Service for Labor and Employment
Elena Shakina, Petr Parshakov and Sofia Paklina became members of the Council for Data of the Federal Service for Labor and Employment (Rostrud), which is aimed at solving the tasks of the department using digital technologies
IDLab Workshop
Nick Zubanov presented preliminary results of the research "Measuring the economic costs of employee turnover: A structural approach"
Conference "Neighbors in Research"
IDLab members, as well as students writing course papers under their supervision, took an active part in the VIII scientific conference "Neighbors in Research".
IDLab at the April conference!
Sofia Paklina presented the results of the study "Which professional skills value more under digital transformation?" The research was carried out jointly with Elena Shakina, head of IDLab
IDLab Researchers Welcome New Interns!
According to the results of the selection of motivation letters, 11 students from 3 HSE University campuses were recruited to the International Laboratory of Intangible-Driven Economy (IDLab). Yesterday the first acquaintance of the interns with the laboratory team took place.
ID Lab ONLINE Workshop
IDLab researchers presented a new study on the development of a business ethics index for Russian companies
Interregional Research Online Seminar
Researchers of IDLab took part in Interregional Research Online Seminar
Petr Parshakov presented at the ROSES online conference
Petr Parshakov, IDLab member, presented the results of a study on the impact of expectations on employee performance after job change
Analytics for Management and Economics Conference (online)
Researchers of IDLab took part in the next session of Analytics for Management and Economics Conference
Analytics for Management and Economics Conference (online)
ID Lab members took part in organizing and conducting the section "Intellectual capital and performance" of the conference "Analytics for Management and Economics"
IDLab ONLINE Research Workshop
Petr Parshakov, Deputy Head of IDLab, presented a study on the impact of expectations when changing a job on individual productivity using data on football players
Presentation at the webinar of Kochubey Center as part of the OnLab project
IDLab experts made a presentation "INFODEMIA COVID-19: shocks of financial markets" according to the results of a scientific study
IDLab ONLINE Research Workshop
Anna Daviy and Elena Shakina presented the preliminary results of a joint study of the optimal moment of technology adaptation
International Advisory Board of SEM HSE
On September 28, as part of the International Conference Analytics for Management and Economics, the International Advisory Board of the St Petersburg School of Economics and Management convened to discuss the School's current and future plans for development.
II Analytics for Management and Economics Conference
II international conference “Analytics for Management and Economics Conference. AMEC 2019 ”
Congratulations with PhD defence!
The Department of Economics and Finance and IDLab congratulate Marina Zavertyaeva on the successful defense of her PhD thesis!
More Than a Conference: New Agreements Signed with Harbin Institute of Technology
We are particularly interested in expanding our international partner's network. Signing new student exchange agreements is a basic step in this processes. Let's find out the newest one, which is signed within AMEC.
Best in Russia
In terms of the highest average score of the Unified State Exam, HSE University – St Petersburg has taken the first place among the Russian universities in such fields of study as Oriental Studies and Management. The university has become the second within Philology. Finally, two more programmes within History and Political Science fields of study are in top-3.
Double Degree Bachelor’s Programmes Launched at HSE University – St. Petersburg
This year, 10 students from the University of Rome Tor Vergata will arrive at HSE – St. Petersburg as part of the newly-launched Double Degree programmes.
With or without CU: A comparative study of efficiency of European and Russian corporate universities
At January 22 during the research seminar "Empirical research of corporate Finance" School of Finance were presented the results of the study of Parshakov P., Shakina E. A. With or without CU: A comparative study of efficiency of European and Russian corporate universities
Apply for RSSIA 2018: Discover Your Research Potential
Every summer since 2007, the Center for Institutional Studies at the National Research University Higher School of Economics has been organizing the annual Russian Summer School on Institutional Analysis (RSSIA). Students and researchers from around the world convene in Moscow to enjoy a whole week of lectures and consultations, presentations, discussions and networking, as well as the opportunity to be inspired by the experts.
HSE Researchers Take Part in ‘Economics of Football’ Conference
On June 23-24, the international conference ‘Economics of Football’ was held in Kazan. This event was organized by the Higher School of Economics (HSE), the New Economic School and Kazan Federal University. Angel Barajas, Dennis Coates, Elena Shakina, Petr Parshakov, Iuliia Naidenova and Anna Bykova, staff members of the International Laboratory of Intangible-driven Economy, participated in the conference. The researchers presented papers and worked as moderators, discussants and key speakers at various sessions and workshops.
The Head of the Laboratory, Elena Shakina has presented Laboratory achievements and future plans on the extended meeting of Academic Council of NRU HSE, Perm branch
Elena Shakina has presented a report on scientific publications of the laboratory for 2014-2016 as well as the laboratory's strategic plans for 2017-2019.
Elena Shakina Completed PhD
Elena Shakina, Head of the International Laboratory of Intangible-driven Economy defended her PhD dissertation at the University of Vigo in Spain.
International Professor Inspired by Passion for Learning at HSE Perm
Professor Felix J. Lopez Iturriaga has been a Leading Research Fellow at the International Laboratory of Intangible-driven Economy at HSE Perm since 2014. In an interview with HSE English News service, he spoke about his positive experiences working at HSE and his hopes for developing further international academic exchanges.
‘I Care’: Theory and Practice
HSE Perm has hosted the second International Conference on Applied Research. The conference drew Russian and international experts. Participants discussed theoretical models of economic processes, public-private partnership, intellectual capital, market development etc.