WORLD EXPERIENCE OF SMALL INNOVATION BUSINESS ORGANIZATION

Abstract

A small innovative business plays an important role in the innovation process and NTP of developed countries. It serves as an integral part of the innovation environment. Features of this type of business are mostly adequate to the needs of the innovation sector. In this regard, a comprehensive development of small innovative businesses, increase of its importance in the innovation process is the main factor of intensification. This makes the relevance of the article as a detailed study of the role of small innovative businesses in innovative processes of developed countries. It allows forming the theoretical and empirical foundations that should be in the strategy of innovation and economic development of Ukraine. The paper examines the role of innovation in the small business economy of highly developed countries. The causes of occurrence and development of innovative entrepreneurship in the sphere of small business are investigated. Particular attention is paid to the state support of small innovative businesses. In the article the model of innovative small businesses is considered. We have analysed the various organizational, economic and institutional and legal forms, which characterise the small innovative enterprise, depending on the extent of scientific and technological activities, sources of funding, nature of interaction with businesses big business. The modern role and place of small innovative companies in the national economy are defined. The dynamics of funding of small businesses innovation activity for federal SBIR and STTR programs are analysed in the article.