Sustainable growth of Russian innovatively active companies

Journal paper

Creative Economy ^{(РИНЦ, ВАК)}
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Volume 15, Number 11 (November 2021)

Внимание. Статья ретрагирована решением редакции от 10.06.2021.

Abstract:
Currently, innovatively active companies with high growth rates are attracting more and more attention from the state. Such firms are becoming a driver of the development of domestic industry and the economy as a whole. Significant resources are allocated to support these firms. However, the activities of such companies involve a number of serious risks. Sustainability of growth is one of these key issues. Growing companies face this problem. Underestimating the importance of this aspect can easily lead to the suspension of the activities of such a company and its bankruptcy. The article is devoted to the analysis of sustainable growth and development of innovatively active companies. The number of Russian companies that are at risk from the point of view of financial stability has been revealed. Measures to improve and maintain such growing companies in the Russian realities are proposed.

Keywords: innovation, innovative activity, sustainable growth, growth companies

JEL-classification: O31, O32, O33, L26, M21

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