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Author: Irina Dzyubenko

Affiliation: Institute of Economics and Industrial Engineering SB RAS, Academician Lavrentyev Avenue 17, Novosibirsk, Russia, Russian Federation

Keyword(s): High-Tech Business, High-Growth Firms (HGFs), Fast-Growing Companies (FGCs), Exponential Technologies and Organizations, Entrepreneurial Ecosystem, Sustainable Development.

Abstract: The article deals with the analysis of the fast-growing tech companies which are proved to be a key factor in structural changes and sustainable economic growth. The intended purpose of this paper is to identify the particular traits of fast-growing tech companies and to reveal the factors which determine the extent of their development (both spatial and intensive) in various regions and countries. The paper employs multivariate analysis methods in the evaluation of the data for 29 countries in order to achieve the purpose mentioned above. A set of factors affecting the launch and growth of tech companies has been determined. The relationship between the development of fast-growing high-tech companies and the following variables was tested: the level and the dynamics of country's wealth, population’s welfare, as well as the share of R&7D expenditures in GDP. Based on cluster analysis 4 groups of countries have been defined depending on the indicators of fast-growing tech com panies’ development and the characteristics of entrepreneurial ecosystem there. The value of this paper is to provide practical tools for enhancing technology entrepreneurship. The results of the research can be used in the development and implementation of support measures for fastgrowing companies. (More)

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Paper citation in several formats:
Dzyubenko, I. (2021). Fast-growing Tech Companies as a Driver of Regional and National Sustainable Economic Development. In Proceedings of the International Scientific and Practical Conference on Sustainable Development of Regional Infrastructure - ISSDRI; ISBN 978-989-758-519-7, SciTePress, pages 540-548. DOI: 10.5220/0010593605400548

@conference{issdri21,
author={Irina Dzyubenko.},
title={Fast-growing Tech Companies as a Driver of Regional and National Sustainable Economic Development},
booktitle={Proceedings of the International Scientific and Practical Conference on Sustainable Development of Regional Infrastructure - ISSDRI},
year={2021},
pages={540-548},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0010593605400548},
isbn={978-989-758-519-7},
}

TY - CONF

JO - Proceedings of the International Scientific and Practical Conference on Sustainable Development of Regional Infrastructure - ISSDRI
TI - Fast-growing Tech Companies as a Driver of Regional and National Sustainable Economic Development
SN - 978-989-758-519-7
AU - Dzyubenko, I.
PY - 2021
SP - 540
EP - 548
DO - 10.5220/0010593605400548
PB - SciTePress

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