International Journal of Econometrics and Financial Management
ISSN (Print): 2374-2011 ISSN (Online): 2374-2038 Website: http://www.sciepub.com/journal/ijefm Editor-in-chief: Tarek Sadraoui
Open Access
Journal Browser
Go
International Journal of Econometrics and Financial Management. 2015, 3(1), 19-23
DOI: 10.12691/ijefm-3-1-4
Open AccessResearch Article

Using International Experience for the Formation of Prerequisites for the Development of Innovative SMEs in the Regions of Modern Russia

Maznitsa Elena Mikhailovna1,

1Department of Management and Urban Development and Construction, Volgograd, Russian Federation

Pub. Date: December 21, 2014
(This article belongs to the Special Issue Regional studies)

Cite this paper:
Maznitsa Elena Mikhailovna. Using International Experience for the Formation of Prerequisites for the Development of Innovative SMEs in the Regions of Modern Russia. International Journal of Econometrics and Financial Management. 2015; 3(1):19-23. doi: 10.12691/ijefm-3-1-4

Abstract

Article is devoted to the development issues of small and medium-sized, in particular, innovative, business in the regions of modern Russia. Urbanization of Russia continues. People move to the capital cities, as the development process occurs only in them, as many believe. This, as it seems to the author, is the primarily cause to the reduction in numbers of small and medium-sized enterprises in the Russian province. Deterioration of working conditions of business at all levels, slowing economic growth, economic and political sanctions are the causes of deterioration of the business climate in the country. Article emphasizes the need to preserve, enhance and further develop the various settlements on the territory of Russia, which is possible only by activating the economy. In turn, the economic recovery is only possible with the participation of the business. Economic slowdown adversely affects the prospects of the existence of small and medium-sized enterprises in the Russian Federation. Some measures to create conditions for the development of innovative small and medium-sized businesses in Russia are suggested.

Keywords:
innovation economic slowdown small and medium enterprises

Creative CommonsThis work is licensed under a Creative Commons Attribution 4.0 International License. To view a copy of this license, visit http://creativecommons.org/licenses/by/4.0/

References:

[1]  Bernal, J.D.,Science in History, CA Watts & Co, London, 1954
 
[2]  Brechalov, A.,Great opportunities for the small. RBC Daily, [Online]. Available: http://rbcdaily.ru/economy/opinion/562949987053972, [Accessed May. 23, 2013].
 
[3]  Drucker, P.F., Encyclopedia of Management [in Russian], Economics, Moscow, 2001.
 
[4]  Etzkowitz, H.,The Triple Helix University—Industry—Government Innovation in Action, Routledge, London, 2008.
 
[5]  Kuznets, S., Modern economic growth: the results of research and reflection. Nobel Lecture. Nobel Laureates in Economics: A View from Russia. (Ed.) Y. Yakovets, Gumanistika, St. Petersburg, 2003.
 
[6]  Leguenko, M.,Oil has corrupted Russia to the extreme. [Online]. Available: http://www.utro.ru/articles/2013/09/19/1144831.shtml [Accessed Sept. 19, 2014].
 
[7]  Maznitsa, E.M., “Role of the state in the development of regional innovation entrepreneurship (in example of the Volgograd region)”, Entrepreneurship, 1, 2009. [in Russian]
 
[8]  Meleshenko, A., “Results of the contest of regional economic development”. RG, 144(5817). [in Russian].
 
[9]  Schumpeter, J.A., The theory of economic development: an inquiry into profits, capital, credit, interest, and the business cycle. Transaction Publishers, 1934.
 
[10]  Titov, B., and A. GalushkaEconomy “bottom up”. [Online]. Available: http://www.rbcdaily.ru/economy/562949987042073, [Accessed May. 23, 2013].
 
[11]  Trifonova, M., In Russia will survive only oligarchs and office plankton.[Online]. Available:http://www.utro.ru/articles/2013/06/04/1122916.shtml, [Accessed June. 4, 2014].
 
[12]  Weber, M., The Protestant Ethic and the Spirit of Capitalism. Taylor & Francis e-Library, 2005.