Seminar “High-Growth Firms: Facts, Fiction, and Policy Options for Emerging Economies”

High-growth firms in emerging economies account for more than 50% of all new jobs and sales despite making up less than 20% of all firms in manufacturing and services. These firms create a domino effect on others through increased demand and/or offering improved access to inputs.

A new World Bank Group report, “High-Growth Firms: Facts, Fiction, and Policy Options for Emerging Economies”  acknowledges that the extraordinary capabilities of high-growth firms have attracted the interest of policy makers who are keen to figure out how to encourage the establishment of more of these high-performing firms to boost economic performance. The report is based on a detailed analysis of firm dynamics in Brazil, Côte d’Ivoire, Ethiopia, Hungary, India, Indonesia, Mexico, South Africa, Thailand, Tunisia, and Turkey.

At this seminar, Denis Medvedev, the report’s co-author and Practice Manager, Firm Capabilities and Innovation, Finance, Competitiveness & Innovation in the World Bank, will introduce the main findings.

Program

Opening Remarks

Izumi Ohno
Director, JICA Research Institute (Moderator)

Keynote Speech

Denis Medvedev
Practice Manager, Firm Capabilities and Innovation, Finance, Competitiveness and Innovation, World Bank  

Comments

Tesushi Sonobe
Vice President and Professor, National Graduate Institute for Policy Studies (GRIPS)

Ryosuke Nakata
Chief Economist, JICA