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European Online Journal of Natural and Social Sciences

Fast-Growing Innovative Companies: Regularities, Trends and Main Features of the Market’s Behaviour

Nikolay Kuznetsov


In this article, the phenomenon of fast-growth of innovative companies is explored. The results of analysis of 200 companies IT-industry for ten years (from 2002 to 2011) are shown. It is concluded that in the real economic conditions the trends of the company's growth should be considered only in conjunction with the relevant market dynamics analysis. A new interpretation of the concept "business-gazelle" is based on classification of companies by the ratio of the growth rates and the extent of innovativeness of their activities is suggested. The real growth cases of innovative enterprise are considered. A scientific basis is given to the principle of maintaining the rate of fast economic growth of business due to permanent innovative development.


companies classification; innovation; fast-growth; market; real growth

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