Abstract

The paper presents the theory and methodology of methodological approaches’ formation to the improvement of small innovative enterprises efficiency, creation of the necessary conditions for efficient operation, increase of enterprises’ competitiveness. The authors studied the research connected with the identification of the peculiarities and laws of innovative development of enterprises of small business in the conditions of global competition. They evaluated their condition and interaction with external organizations, determined the ways to improve the development and selected the areas for further improvement. The theoretical approaches to the nature of the concept, types and classification of small enterprises and innovation were determined and studied. The authors considered international experience in the management and regulation of small innovative enterprises. During the research the basic forms and methods of management and support of small innovative enterprises were established and substantiated, the motivational aspects of innovative activity of small enterprises were studied and a systematic approach to increase the efficiency of innovative activity of small innovative enterprises was proposed. Moreover, the criteria and indicators for the assessment of financial performance of small innovative enterprises were developed and the cluster tool to increase the efficiency of activity of small innovative enterprises was proposed.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.