Stagnation and renewable growth of enterprises: an empirical analysis by sectors of the Russian economy
An unfavorable external environment requires an emphasis shift in economic researches of enterprise development from factors and mechanisms of growth to the analysis of stagnation processes and the search for mechanisms to enter the path of growth after stagnation. The purpose of this work is to stu...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Publishing House of the State University of Management
2023-09-01
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| Series: | Вестник университета |
| Subjects: | |
| Online Access: | https://vestnik.guu.ru/jour/article/view/4620 |
| _version_ | 1826816031701598208 |
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| author | V. V. Spitsin V. A. Leonova L. Yu. Spitsina A. D. Bragin |
| author_facet | V. V. Spitsin V. A. Leonova L. Yu. Spitsina A. D. Bragin |
| author_sort | V. V. Spitsin |
| collection | DOAJ |
| description | An unfavorable external environment requires an emphasis shift in economic researches of enterprise development from factors and mechanisms of growth to the analysis of stagnation processes and the search for mechanisms to enter the path of growth after stagnation. The purpose of this work is to study the intensity of the processes of stagnation and subsequent renewable growth of enterprises in the context of a wide range of sectors of the Russian economy. Signs of stagnation or drop in sales are revealed for 2013–2017, renewable growth – within 4 years after the stagnation period. The research methods are the calculation of economic coefficients and the identification of differences between them using methods of mathematical statistics. It was found that in an unfavorable external environment, significant proportion of Russian enterprises showed signs of stagnation or drop in sales. Certain advantages are shown by high-tech industries, in which the intensity of business stagnation was lower. The most acute period of the crisis was the period 2013–2016. In 2017, there was an adaptation of business to unfavorable environmental conditions, and the share of stagnating enterprises decreased significantly. Calculations showed that the share of enterprises demonstrating long-term renewable growth was at a low level. It reduces their attractiveness to private investors. The “age” factor can be recommended as a significant criterion for investors when choosing firms for financing: young enterprises are less susceptible to stagnation and more likely to enter the path of growth after stagnation. |
| first_indexed | 2024-03-08T04:17:26Z |
| format | Article |
| id | doaj.art-5b55e98eb67642c2bdc38ea9b32630f9 |
| institution | Directory Open Access Journal |
| issn | 1816-4277 2686-8415 |
| language | English |
| last_indexed | 2025-02-16T05:02:30Z |
| publishDate | 2023-09-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj.art-5b55e98eb67642c2bdc38ea9b32630f92025-02-04T08:28:17ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152023-09-010717818710.26425/1816-4277-2023-7-178-1872845Stagnation and renewable growth of enterprises: an empirical analysis by sectors of the Russian economyV. V. Spitsin0V. A. Leonova1L. Yu. Spitsina2A. D. Bragin3National Research Tomsk Polytechnic UniversityNational Research Tomsk Polytechnic UniversityNational Research Tomsk Polytechnic UniversityNational Research Tomsk Polytechnic UniversityAn unfavorable external environment requires an emphasis shift in economic researches of enterprise development from factors and mechanisms of growth to the analysis of stagnation processes and the search for mechanisms to enter the path of growth after stagnation. The purpose of this work is to study the intensity of the processes of stagnation and subsequent renewable growth of enterprises in the context of a wide range of sectors of the Russian economy. Signs of stagnation or drop in sales are revealed for 2013–2017, renewable growth – within 4 years after the stagnation period. The research methods are the calculation of economic coefficients and the identification of differences between them using methods of mathematical statistics. It was found that in an unfavorable external environment, significant proportion of Russian enterprises showed signs of stagnation or drop in sales. Certain advantages are shown by high-tech industries, in which the intensity of business stagnation was lower. The most acute period of the crisis was the period 2013–2016. In 2017, there was an adaptation of business to unfavorable environmental conditions, and the share of stagnating enterprises decreased significantly. Calculations showed that the share of enterprises demonstrating long-term renewable growth was at a low level. It reduces their attractiveness to private investors. The “age” factor can be recommended as a significant criterion for investors when choosing firms for financing: young enterprises are less susceptible to stagnation and more likely to enter the path of growth after stagnation.https://vestnik.guu.ru/jour/article/view/4620fast-growing companiesstagnationrenewable growthpost-stagnation developmenthigh-tech industriesyoung firmsrussia |
| spellingShingle | V. V. Spitsin V. A. Leonova L. Yu. Spitsina A. D. Bragin Stagnation and renewable growth of enterprises: an empirical analysis by sectors of the Russian economy Вестник университета fast-growing companies stagnation renewable growth post-stagnation development high-tech industries young firms russia |
| title | Stagnation and renewable growth of enterprises: an empirical analysis by sectors of the Russian economy |
| title_full | Stagnation and renewable growth of enterprises: an empirical analysis by sectors of the Russian economy |
| title_fullStr | Stagnation and renewable growth of enterprises: an empirical analysis by sectors of the Russian economy |
| title_full_unstemmed | Stagnation and renewable growth of enterprises: an empirical analysis by sectors of the Russian economy |
| title_short | Stagnation and renewable growth of enterprises: an empirical analysis by sectors of the Russian economy |
| title_sort | stagnation and renewable growth of enterprises an empirical analysis by sectors of the russian economy |
| topic | fast-growing companies stagnation renewable growth post-stagnation development high-tech industries young firms russia |
| url | https://vestnik.guu.ru/jour/article/view/4620 |
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