An empirical analysis of the domestic fast growing high-tech companies’ competitiveness

This study was conducted to identify factors, which could increase competitiveness of Russian high-tech companies. The competitiveness of companies is measured as their revenue growth and the level of productivity. The authors demonstrated that the competitiveness of domestic companies depends on their expenditures on R&D and technological innovation, the costs of staff training and other factors. Dataset for the study is based on the national ranking of fast-growing high-tech companies «TechUp 2013».

Keywords: improving the competitiveness, high- tech firms, revenue growth, productivity, technological innovations