Abstract
At present, the development of small and medium-sized businesses is one of the priorities of the state's economic policy. The transformation of advanced scientific and technical developments into a commercial product is facilitated, among other things, by small innovative enterprises. The article tells about the importance of small business in the formation of the innovative sector of the economy, considers the functions that are assigned to small business, the main indicators of the innovative activity of small enterprises and aspects related to the prospects for the development of innovative entrepreneurship in Russia.
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