ANALYSIS OF INNOVATIVE ACTIVITY OF SMALL ENTERPRISES IN RUSSIA

• Dubrova, T.
• Ermolina, A.

Abstract:

The innovative potential of Russian small business is not completely realized that is indicated by the comparison of its innovative activity with small entrepreneurship in many developed countries. The development of measures to support and stimulate the activity of small enterprises in Russia is attended, and the priority task is the search for mechanism to increase the participation of small enterprises in innovative transformations of economy. The aim of this research is to analyze development factors of small enterprises innovative activity in Russia considering substantial regional differentiation. The conducted analysis was based on the data of Federal State Statistics Service representing the results of the survey of small enterprises innovative activity as well as the characteristics of socio-economic development of Russian regions. Multivariate statistical methods were applied. Principal component analysis was used to estimate the level of the development of small enterprises innovative activity. Discriminant analysis and logistic regression with further comparison of its results measured the influence of socio-economic characteristics of Russian regions on the level of small enterprises innovative activity. Among tested socio-economic characteristics of Russian regions the expenditures on technological innovations of large and medium-sized enterprises, the indicators of population’s educational potential, the level of ICT development and the population’s standard of living had a significant impact on the level of small enterprises innovative activity development. The comparative analysis of the results of applied logistic regression and discriminant analysis showed high degree of their consistency and indicates appropriate predictive probabilities of the models. The innovative activity of small enterprises in Russia is influenced by the complex of factors characterizing scientific, technological and socio-economic regional development. The analysis allowed revealing key factors of small enterprises innovative activity growth and showed the necessity of targeted support of small business innovative activity considering regional features.

SGEM Research areas:

• SOCIAL SCIENCES: Section Business and Management

Year:

2017

Type of Publication:

In Proceedings

Keywords:

innovative activity; small enterprises; entrepreneurship

Volume:

17

SGEM Book title:

4th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2017

Book number:

5

SGEM Series:

International Multidisciplinary Scientific Conference on Social Sciences and Arts-SGEM

Pages:

83-90

Publisher address:

51 Alexander Malinov blvd, Sofia, 1712, Bulgaria

SGEM supporters:

Bulgarian Acad Sci; Acad Sci Czech Republ; Latvian Acad Sci; Polish Acad Sci; Russian Acad Sci; Serbian Acad Sci & Arts; Slovak Acad Sci; Natl Acad Sci Ukraine; Natl Acad Sci Armenia; Sci Council Japan; World Acad Sci; European Acad Sci, Arts & Letters; Ac

Period:

24 - 30 August 2017

ISBN:

978-619-7408-17-1

ISSN:

2367-5659

Conference:

4th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2017, 24 - 30 August 2017

DOI:

10.5593/sgemsocial2017/15/S05.011