Abstract
In this article we paid attention to the essential characteristics of entrepreneurship and its main elements-the subject and object of business activity. We found that the most important feature of a small business it is commercial focus of its activities. Based on a study of foreign and domestic regulatory and scientific literature summarized quantitative and qualitative criteria for the identification of small businesses. Through a comparative analysis with big business representatives identified characteristics of investment and innovation processes in small enterprises from the perspective of the object, the implementation of innovation and coverage areas of activity, the level (degree) of novelty of innovation, its potential prevalence and source of initiation, development and distribution of spheres, factors of production, options for investment and innovation processes. We paid attention to the unity innovation and investment processes in small enterprises, made proposals for the integrated management of these processes in the direction of overcoming the limitations of small business.
Highlights
The main thing here, as noted, the presence of risk and innovation, the same advantages or disadvantages of entrepreneurship on the basis of any form of property can be determined by assessing the effectiveness of the relevant business activity
Basis for the organization of financing investment in innovation generates a small business share capital, capital reserves, additional paid in capital and retained earnings, there are "normal", the classic long-term borrowings in the form of investment bank loans, project financing, bonds and promissory notes, there are limitations of a small balance entrepreneurship inherent by definition
Small businesses are characterized by innovativeness of their projects and their venture character at same time, so a relatively small amount of its financial resources are often not enough for the implementation of the investment process, which is the objective contradiction of small business development
Summary
Due to the fact that a large part of the investments of small businesses in today's conditions is put to innovation, that is why special attention needs the issues of innovation and investment processes in this area It should be noted significant scientific potential generated by domestic and foreign economists in the study of various forms of business activities, including small business (Andreeva, 2007; Gorfinkel et al, 2011; Chernyak, 2010 etc.), their investment support (Endovitskiy et al, 2010; Markowitz, 1987; Ross, 1976 etc.), the role of innovation processes in this sphere 2010; Twiss, 1989; Foster, 1987; Schumpeter, 1982 etc.)
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