title: Gazelle companies in the Russian economy: Innovation, steady rise, and crisis response
metadata.name: dc.contributor.author
metadata.value: Medovnikov, D. S.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Rozmirovich, S. D.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Oganesyan, T. K.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Stepanov, A. K.
metadata.lang: -
metadata.name: dc.contributor.author
metadata.value: Mazurova, S. A.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2023-10-31T16:50:59Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2023-10-31T16:50:59Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2023-06
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Medovnikov D. S., Rozmirovich S. D., Oganesyan T. K., Stepanov A. K., Mazurova S. A. 2023. Gazelle companies in the Russian economy: Innovation, steady rise, and crisis response. Russian Management Journal 21 (2): 164–197. https://doi.org/10.21638/spbu18.2023.202 (In Russian)
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu18.2023.202
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/44336
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: Goal: verification of the most popular hypotheses found in the world academic literature on
  High Growth Companies (HGCs) using Russian empirical data and statistics. Research methodology:
  desk research of publications; analysis of statistics from Ruslana, the database of
  Russian and Ukrainian companies (maintained by Bureau van Dijk — a Moody’s Analytics
  company) which contains financial indicators, tax reporting data, and other information;
  analysis of information from the Professional Market and Company Analysis System (SPARK)
  and Federal Institute of Industrial Property (Rospatent) databases on intellectual property
  ownership; and review of companies through formal questions in survey interviews. Findings:
  this study demonstrates the key contribution of the HGCs sector to economic growth: HGCs,
  which represent 15 % of the total number of companies with revenues and more than 10 employees,
  generate 60 % of the revenue growth of all Russian companies and employment growth
  from 1.5 million to 2.5 million in 2017–2020. In the past, 77 % of HGCs grew sporadically,
  which does not support the hypothesis of unsustainable growth for most HGCs and can be the
  basis for using the rapid growth criterion for selective government support of business entities.
  There is evidence that innovative companies have more stable rates of rapid growth over
  the five-year period prior to this research. Based on the company survey, an assumption is
  formulated about the high resilience of Russian HGCs to external shocks including pandemic,
  Russia’s military operations, and sanctions against the country, and the HGCs’ willingness to
  continue growth despite existing difficulties and risks. Originality and contribution of the
  authors: for the first time in Russia, this study analyzes the full set of Russian HGCs using
  a comprehensive statistical database. This allows us to compare HGCs from different industries
  and identify their industry-specific characteristics. In addition, we identify a group of innovative
  HGCs and show the characteristics of this type of companies. The materials obtained as
  a result of the review of companies supplement the results of the analysis of statistical data.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: Russian Management Journal;Volume 21; Issue 2
metadata.lang: -
metadata.name: dc.subject
metadata.value: gazelles
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: high growth companies
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: innovation
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: coronavirus pandemic
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: sanctions against Russia
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: economic growth
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: rapid growth
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: sustainable growth
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: Gazelle companies in the Russian economy: Innovation, steady rise, and crisis response
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 02.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/44336/1/02.pdf
resources.format: Adobe PDF
resources.size: 2,16 MB