High-growth Micro Enterprises: Managing the Risk Aspects of Enterprise Growth

The paper is divided into 4 main sections and a conclusion: section (1) considers the
definitions of Micro and Small Enterprises (MSEs) across the European Union, U.S. and Russia; section (2) considers the role of MSEs in mature market economies and compares with the
Russian Federation; section (3) focuses on the value creation mechanisms for growth
and the challenges faced by MSEs, while section (4) deals with conclusions and recommendations for policy implications.