The Public Policy to Support High Growth Firms: Is a New Ideology of Industrial Policy Born?

The article discusses a new branch of industrial policy — support of high growth firms (HGFs, gazelle firms). Methodologically, the article is the first in Russia analysis of the international literature on the state programs of stimulation of the HGFs. The period, starting with the first publicatio...

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Main Authors: Yu. A. Polunin, A. Yu. Yudanov
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2020-11-01
Series:Мир новой экономики
Subjects:
Online Access:https://wne.fa.ru/jour/article/view/278
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author Yu. A. Polunin
A. Yu. Yudanov
author_facet Yu. A. Polunin
A. Yu. Yudanov
author_sort Yu. A. Polunin
collection DOAJ
description The article discusses a new branch of industrial policy — support of high growth firms (HGFs, gazelle firms). Methodologically, the article is the first in Russia analysis of the international literature on the state programs of stimulation of the HGFs. The period, starting with the first publications on this topic in 2005–10 and ending with modern editions, has been covered. The primary purpose of the article was the establishment of the place of the policy of support for the HGFs within the framework of industrial policy, as well as to establish the changes that this new type of policy makes to economic regulation in general. Significant differences between the policy of support for HGFs and public policy on small and medium-sized enterprises, as well as differences from innovation policy, have been revealed. We proved that in the stimulation of the HGFs is particularly acute the generic and, at the same time, the most controversial feature of industrial policy — its selectivity, i.e. targeting specific economic actors, rather than the whole economy.
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spelling doaj.art-a2647384d1674ee2b7425a7c560951bb2023-09-03T10:33:23ZrusGovernment of the Russian Federation, Financial UniversityМир новой экономики2220-64692220-78722020-11-01141627610.26794/2220-6469-2020-14-1-62-76268The Public Policy to Support High Growth Firms: Is a New Ideology of Industrial Policy Born?Yu. A. Polunin0A. Yu. Yudanov1Институт проблем управления РАНФинансовый университетThe article discusses a new branch of industrial policy — support of high growth firms (HGFs, gazelle firms). Methodologically, the article is the first in Russia analysis of the international literature on the state programs of stimulation of the HGFs. The period, starting with the first publications on this topic in 2005–10 and ending with modern editions, has been covered. The primary purpose of the article was the establishment of the place of the policy of support for the HGFs within the framework of industrial policy, as well as to establish the changes that this new type of policy makes to economic regulation in general. Significant differences between the policy of support for HGFs and public policy on small and medium-sized enterprises, as well as differences from innovation policy, have been revealed. We proved that in the stimulation of the HGFs is particularly acute the generic and, at the same time, the most controversial feature of industrial policy — its selectivity, i.e. targeting specific economic actors, rather than the whole economy.https://wne.fa.ru/jour/article/view/278промышленная политикабыстрорастущие компаниигазелиселективность
spellingShingle Yu. A. Polunin
A. Yu. Yudanov
The Public Policy to Support High Growth Firms: Is a New Ideology of Industrial Policy Born?
Мир новой экономики
промышленная политика
быстрорастущие компании
газели
селективность
title The Public Policy to Support High Growth Firms: Is a New Ideology of Industrial Policy Born?
title_full The Public Policy to Support High Growth Firms: Is a New Ideology of Industrial Policy Born?
title_fullStr The Public Policy to Support High Growth Firms: Is a New Ideology of Industrial Policy Born?
title_full_unstemmed The Public Policy to Support High Growth Firms: Is a New Ideology of Industrial Policy Born?
title_short The Public Policy to Support High Growth Firms: Is a New Ideology of Industrial Policy Born?
title_sort public policy to support high growth firms is a new ideology of industrial policy born
topic промышленная политика
быстрорастущие компании
газели
селективность
url https://wne.fa.ru/jour/article/view/278
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