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Ups and Downs of High-Growth Firms in Russia

In: Innovation in Sustainable Management and Entrepreneurship

Author

Listed:
  • Dmitri Pletnev

    (Chelyabinsk State University)

  • Victor Barkhatov

    (Chelyabinsk State University)

Abstract

The fate of a high-growth company in Russia often turns out to be dramatic. Yesterday’s leaders slow down, introducing an imbalance in the economy and reducing its potential, sometimes go bankrupt. The study aims to identify economic, institutional, and administrative factors that cause rapid growth or consequent fall of fast-growing firms in Russia. The article based on the results of the analysis of 104 high-growth Russian companies that included in the national rating. This paper is used empirical data from different sources and also regression models. This research is limited in time (2010–2017) and space (Russian economy). Also, limitation of the research is data source—not all Russian private high-growth firms are transparent and accessible disclose information about its success story. The main findings are the importance of industry affiliation of company, entrepreneurial nature of the firm, and lack of influence of administrative power on long-term business success.

Suggested Citation

  • Dmitri Pletnev & Victor Barkhatov, 2020. "Ups and Downs of High-Growth Firms in Russia," Springer Proceedings in Business and Economics, in: Gabriela Prostean & Juan José Lavios Villahoz & Laura Brancu & Gyula Bakacsi (ed.), Innovation in Sustainable Management and Entrepreneurship, chapter 0, pages 127-136, Springer.
    • Handle: RePEc:spr:prbchp:978-3-030-44711-3_10
    DOI: 10.1007/978-3-030-44711-3_10
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