September 27, 2021, 04:40
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Scientists at the Higher School of Economics explained that among the G20 countries, only three have no “unicorns”. The list includes Argentina, Italy and Russia, writes “B” citing a study by the Russian Cluster Observatory (RCO) of the Institute for Statistical Studies and Economics of Knowledge, National Research University Higher School of Economics.
The United States and China account for 77% of startups with a valuation of over $ 1 billion.
To become the so-called “unicorn”, the company must reach a valuation of $ 1 billion in less than 10 years. Moreover, its creators must own at least 75% of the startup. According to experts, the presence of such companies is a sign of the effectiveness of the national innovation system.
As the head of the RCO Yevgeny Kutsenko, Russia is now a donor of international migration of “unicorns”. Thus, four active ones (Acronis, Revolute, OCSiAl, InDriver) and two former “unicorns” (Arrival and Yandex) have completely left the Russian Federation.