Characteristics, Features of Development, Regional and Sectoral Determinants of High-tech Business in Russia

2017 ◽  
pp. 142-154 ◽  
Author(s):  
A. Yusupova ◽  
S. Khalimova
Keyword(s):  
Regression Analysis ◽  
Performance Indicators ◽  
Sustainability Assessment ◽  
Business Development ◽  
High Tech ◽  
Assessment Data ◽  
High Tech Sector ◽  
Fast Growing ◽  
High Level

The paper deals with the research devoted to characteristics of high tech business development in Russia. Companies’ performance indicators have been analyzed with the help of regression analysis and author’s scheme of leadership stability and sustainability assessment. Data provided by Russia’s Fast Growing High-Tech Companies’ National Rating (TechUp) during 2012-2016 were used. The results have revealed that the high tech sector is characterized by high level of uncertainty. Limited number of regions and sectors which form the basis for high tech business have been defined. Relationship between innovation activity’s indicators and export potential is determined.

scholarly journals Financing High-tech Start-ups: Moral Hazard, Information Asymmetry and the Reallocation of Control Rights

2015 ◽  
Vol 15 (2) ◽  
pp. 685-708 ◽  
Author(s):  
Ye (George) Jia
Keyword(s):  
Venture Capital ◽  
Information Asymmetry ◽  
Private Information ◽  
High Tech ◽  
Capital Investments ◽  
Control Rights ◽  
High Tech Sector ◽  
Hidden Actions ◽  
High Level ◽  
Venture Capital Investments

Abstract Recent data suggest that venture capital investments concentrate in the high-tech sector only in those countries where banks are not allowed to offer equity financing. To explain this fact, I develop a simple principal-agent model of start-up financing with both private information and hidden actions in which the equity investor can vary the level of control over the firm and the debt investor cannot. The model shows that when three commonly documented characteristics of the high-tech industry coexist, namely: (i) a high degree of information asymmetry, (ii) a high level of uncertainty about returns, and (iii) a large amount of R&D investments preceding production, then the ability to reallocate control rights that are contingent on performance becomes the key. Unlike debt contracts, equity contracts specify detailed provisions regarding the allocation of control rights. Thus, venture capitalists as equity holders have a clear advantage in financing young high-tech firms in places where banks are not allowed to offer equity contracts; in countries with no such restriction, they no longer have such an advantage. This result helps explain why most European governments’ efforts in promoting venture capital activities failed to attract such investments in the high-tech sector.

scholarly journals CATCH THE WAVE OF HIGH TECHNOLOGY. MAIN DIRECTIONS OF HIGHTECH BUSINESS DEVELOPMENT IN RUSSIA

2021 ◽  
Vol 2 (25) ◽  
pp. 83-91
Author(s):  
I.A. Soloveichik ◽  
Keyword(s):  
Regional Analysis ◽  
High Technology ◽  
Business Development ◽  
High Tech ◽  
Rapid Progress ◽  
Way Of Life ◽  
High Tech Sector ◽  
Russian Economy ◽  
Advanced Technologies ◽  
Science Technology

In the conditions of rapid progress in the field of science, technology, innovation and culture, the change of the technological way of life in society, not only new opportunities for development appear, but also socioeconomic risks disappear. This article describes the main results and directions of high-tech business development in Russia, provides a regional analysis of the high-tech sector, and evaluates the main indicators of the development of the high-tech sector of the Russian economy in comparison with the leading countries. The problems caused by the accelerated pace of digitalization and the introduction of advanced technologies are identified.

(Development of the High-Tech Sector of the Economy in Russia)

2018 ◽  
Author(s):  
Vera Barinova ◽  
Stepan Zemtsov ◽  
T. Lanshina
Keyword(s):  
High Tech ◽  
High Tech Sector

scholarly journals Climate Vulnerability and Adaptation Challenges in Szekszárd Wine Region, Hungary

Climate ◽  
2021 ◽  
Vol 9 (2) ◽  
pp. 25
Author(s):  
Attila Buzási
Keyword(s):  
Environmental Sustainability ◽  
Sustainability Assessment ◽  
Evaluation Methodology ◽  
Intrinsic Factors ◽  
Vulnerability Assessments ◽  
The Future ◽  
Climate Vulnerability ◽  
High Level ◽  
Wine Region ◽  
Lock In

Wine producers face several challenges regarding climate change, which will affect this industry both in the present and the future. Vulnerability assessments are at the forefront of current climate research, therefore, the present paper has two main aims. First, to assess two components of climate vulnerability regarding the Szekszárd wine region, Hungary; second, to collect and analyze adaptation farming techniques in terms of environmental sustainability aspects. Exposure analyses revealed that the study area will face several challenges regarding intensive drought periods in the future. Sensitivity indicators show the climate-related characteristics of the most popular grapevines and their relatively high level of susceptibility regarding changing climatic patterns. Since both external and intrinsic factors of vulnerability show deteriorating trends, the development of adaptation actions is needed. Adaptation interventions often provide unsustainable solutions or entail maladaptation issues, therefore, an environmental-focused sustainability assessment of collected interventions was performed to avoid long-term negative path dependencies. The applied evaluation methodology pointed out that nature-based adaptation actions are preferred in comparison to using additional machines or resource-intensive solutions. This study can fill the scientific gap by analyzing this wine region for the first time, via performing an ex-ante lock-in analysis of available and widely used adaptation interventions in the viticulture sector.

The High-Tech Sector

2021 ◽  
pp. 527-554
Author(s):  
Neil Gandal ◽  
Stefania Roccas Gandal ◽  
Nadav Kunievsky
Keyword(s):  
High Tech ◽  
High Tech Sector

Directions of Economic and Ecological Transformation of Enterprises of the Defence-industrial Complex of Ukraine

2021 ◽  
pp. 211-219
Author(s):  
Oleksii Hutsaliuk ◽  
◽  
Tatiana Obniavko ◽  
Keyword(s):  
Environmental Sustainability ◽  
Large Scale ◽  
Economic Effects ◽  
High Tech ◽  
Industrial Complex ◽  
Military Equipment ◽  
Managerial Decisions ◽  
Current Period ◽  
Cumulative Deterioration ◽  
High Level

Since the beginning of the third millennium, ecological safety has become of paramount importance for Ukraine. The cumulative deterioration of the environment, fixed by the annual official reports on the ecological situation in the country, is fraught with irreparable consequences not only for the present generations, but also for descendants. The authors propose to consider the enterprises of the defence-industrial complex (DIC) of Ukraine as those that make a significant contribution to the development of the economy of the country, while not only not destroying the environment, but also contributing to sustainable development. The defence-industrial complex of Ukraine is the basis of the high-tech sector of the Ukrainian economy, which determines its key importance for the functioning and development of the entire national economy, in the current period of change of technological modes, as the enterprises of the Ukrainian defence-industrial complex have a high level of innovation. One of the key features of the domestic defence-industrial complex is that it has the potential to concentrate various types of resources to achieve breakthrough results not only in addressing the issues of creating the latest weapons and military equipment, but also for implementing large-scale projects of national economic importance. This potential for breakthrough development currently remains underutilized, requiring adjustments not only in industrial, but also in state economic policy as a whole. The current state of development of defence industry enterprises is characterized by insufficient economic and environmental sustainability and requires modernization based on global experience in the greening of the military-defence sphere and NATO environmental standards, which will have environmental and economic effects. The obstacles of economic and ecological transformation of enterprises of the defence-industrial complex of Ukraine were identified and a number of managerial decisions that can become drivers to accelerate the economic and ecological transformation of the defence-industrial complex of Ukraine were proposed.

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