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Ups and Downs of High-Growth Firms in Russia

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Innovation in Sustainable Management and Entrepreneurship (SIM 2019)

Part of the book series: Springer Proceedings in Business and Economics ((SPBE))

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.

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Author information

Authors and Affiliations

  1. Chelyabinsk State University, Br. Kashirinykh str., 454001, Chelyabinsk, Russia

    Dmitri Pletnev & Victor Barkhatov

Authors
  1. Dmitri Pletnev
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  2. Victor Barkhatov
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Correspondence to Dmitri Pletnev .

Editor information

Editors and Affiliations

  1. Polytechnic University of Timişoara, Timișoara, Romania

    Gabriela Prostean

  2. University of Burgos, Burgos, Spain

    Juan José Lavios Villahoz

  3. West University of Timișoara, Timișoara, Romania

    Laura Brancu

  4. Budapest Business School, Budapest, Hungary

    Gyula Bakacsi

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Pletnev, D., Barkhatov, V. (2020). Ups and Downs of High-Growth Firms in Russia. In: Prostean, G., Lavios Villahoz, J., Brancu, L., Bakacsi, G. (eds) Innovation in Sustainable Management and Entrepreneurship. SIM 2019. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-44711-3_10

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