Managing the Process of International Cooperation and Integration of Small and Medium-Sized Businesses Based on Infrastructure Modernization

Abstract

Purpose: Infrastructure support determines the fundamental possibility of international cooperation and integration, the availability of options for the development of these processes, the ability and conditions for the participation of business entities in them. Special attention should be paid to small and medium-sized businesses that are most dependent on infrastructure support and need increased state support. The study aims to identify areas for modernizing the infrastructure of international cooperation and exports in order to improve the quality of the regulatory framework for enhancing the foreign economic activity of small and medium-sized businesses in the form of international cooperation and integration. Design/methodology/approach: Existing gaps in the scientific and methodological support for the management of international cooperation and integration processes hinder their practical application and reduce their effectiveness. It is advisable to develop forms of strategic partnership in the process of foreign economic activity of small and medium-sized businesses on the basis of infrastructure modernization. Findings: The development of international cooperation and integration processes is hindered by the existence of serious barriers to the involvement of small and medium-sized businesses. The probable cause of these barriers is the imperfection of the established practice of state management of international cooperation and integration of small and medium-sized businesses in modern Russia. In this regard, the research was aimed at developing a practical algorithm for managing the process of international cooperation and integration of small and medium-sized businesses based on the modernization of infrastructure support. Originality/value: The presented measures to modernize the infrastructure for managing the processes of international cooperation and integration make it possible to form a common and universal management base and improve the quality of the regulatory environment for small and medium-sized businesses.