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Сandidates for the championship: Medium-sized high growth companies and state-run programs for their support

Author

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  • D. Medovnikov
  • T. Oganesyan
  • S. Rozmirovich

Abstract

The phenomenon of high growth medium-sized companies is a major focus within industrial policy in recent years and it has induced an active discussion in many countries about the practicability of the use of state-backed support instruments designed to promote these firms. The new state project to provide support to private high-tech companies-leaders has started in June 2016 upon an initiative of the RF Ministry of Economic Development. The rating "TechUspekh" ("TechSuccess") has been chosen as the main database for further selection of the companies-participants of this project. The article describes main results obtained from the sampling study of the companies included in this rating in 2015 and also brings out a set of possible recommendations for state-backed support measures for such leading companies-"tech-gazelles". The last subsection is devoted to the review of the latest public support programs for the fast-growing mid-sized companies in a number of foreign countries.

Suggested Citation

  • D. Medovnikov & T. Oganesyan & S. Rozmirovich, 2016. "Сandidates for the championship: Medium-sized high growth companies and state-run programs for their support," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 9.
    • Handle: RePEc:nos:voprec:y:2016:id:229
    DOI: 10.32609/0042-8736-2016-9-50-66
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