Fast-Growing Firms – “Gazelles” in Modern Russia: An Empirical Study of Growth Factors

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dc.authorscopusid57192029893
dc.authorscopusid57221091296
dc.authorscopusid56491129700
dc.authorscopusid57214228952
dc.authorscopusid57212876022
dc.contributor.authorRutskiy V.
dc.contributor.authorSolodova M.
dc.contributor.authorTsarev R.
dc.contributor.authorYarygina I.
dc.contributor.authorDerindag O.F.
dc.date.accessioned2024-08-04T20:03:38Z
dc.date.available2024-08-04T20:03:38Z
dc.date.issued2020
dc.departmentİnönü Üniversitesien_US
dc.description4th Computational Methods in Systems and Software, CoMeSySo 2020 -- 14 October 2020 through 17 October 2020 -- 253159en_US
dc.description.abstractFast-growing companies or “gazelles” are dynamically developing firms with annual growth rates above 20%. In many developing countries, they are one of the most important drivers of economic development, provide up to 5080% of job growth, and are also “pioneers” of new market niches, including high-tech ones. The authors of the paper study the sector of fast-growing firms in Russia to identify the features of their life cycle. Fast-growing companies in modern Russia are, first of all, companies with high initial costs, a short production cycle, and a growing need for financing from external sources. As a rule, they work in capital-intensive sectors of the economy. The paper reveals factors of the internal business environment that allow Russian “gazelle” companies to achieve high rates of growth. The authors design econometric models of the dependence of the revenue of fast-growing companies per employee on a number of factors of the company’s growth. The results of the study suggest the need for state support of high-growth companies at the initial stages of their development, in particular, ensuring the development of economic infrastructure and facilitating the access of firms to financing. © 2020, The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG.en_US
dc.identifier.doi10.1007/978-3-030-63322-6_87
dc.identifier.endpage1022en_US
dc.identifier.isbn9783030633219
dc.identifier.issn2194-5357
dc.identifier.scopus2-s2.0-85098158070en_US
dc.identifier.scopusqualityN/Aen_US
dc.identifier.startpage1011en_US
dc.identifier.urihttps://doi.org/10.1007/978-3-030-63322-6_87
dc.identifier.urihttps://hdl.handle.net/11616/91953
dc.identifier.volume1294en_US
dc.indekslendigikaynakScopusen_US
dc.language.isoenen_US
dc.publisherSpringer Science and Business Media Deutschland GmbHen_US
dc.relation.ispartofAdvances in Intelligent Systems and Computingen_US
dc.relation.publicationcategoryKonferans Öğesi - Uluslararası - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectEntrepreneurshipen_US
dc.subjectFast-Growing firmsen_US
dc.subjectFirm performanceen_US
dc.subjectInnovationen_US
dc.titleFast-Growing Firms – “Gazelles” in Modern Russia: An Empirical Study of Growth Factorsen_US
dc.typeConference Objecten_US

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