Cooperation between small or medium enterprises and transnational corporations in modern conditions of social and economic development

Abstract

In today’s social and economic world economy, multinational companies are a powerful part of corporate business, they play a leading role in development and strengthening the global economic activity. In modern conditions of social and economic development, transnational corporations are becoming the core of a new category of the global post-industrial economy, which constantly integrates many small and medium enterprises, distribution and information networks that form the periphery of the global trans-corporate core with a big number of employees. Today, along with the process of globalization in modern social and economic development, the «knowledge economy» is being introduced with a change in the role of human, which is becoming the main and determining resource of development. Therefore, cooperation between small and medium-sized enterprises and multinational corporations become an important element of progress. We will consider the connection of transnational corporations with the development of the world economy and with small businesses as a dialectical or open system that becomes the core of progress.