Development Of Innovative Entrepreneurship Research Articles

Development of small innovative entrepreneurship and its effectiveness in the national economy of the Republic of Kazakhstan

Object: The development of small innovative entrepreneurship contributes to the achievement of important social and economic goals. In this context, a number of important indicators can be used to evaluate the development of small business. These indicators include the number of small businesses operating in the small sector of the economy, the average wage rate, the growth of small business production, and the growth of investments in the small business sector. It helps to assess the effectiveness of investments in the small business sector. In the current economic literature, the term “innovation” can be used to emphasize relevant and widely used concepts. It is important because it shows the processes of creating new paradigms of economic development through innovation and science education. Small innovative entrepreneurship plays an important role in the creation of innovative infrastructure and contributes to the integration of scientific production into the economy through the transfer of scientific knowledge and technologies. Currently, it's evident that the financial health of Kazakhstan is closely linked to harnessing the economic capabilities of small-scale enterprises, along with the opportunities and provisions for their financial backing, highlighting the critical role of small businesses in the country's economic progression. Methods: For an article on the development of small innovative entrepreneurship in Kazakhstan and its effectiveness in the national economy, it is proposed to use an integrated methodological approach. First, review existing research and literature to assess the current status and dynamics of the sector, and analyze statistical data to understand its scope and contribution to the country's economy. Based on the data obtained, it will be possible to formulate targeted recommendations to improve the situation in the field of small innovative entrepreneurship, thereby contributing to the sustainable economic development of the country. Findings: The study highlights the significant contribution of small innovative entrepreneurship to the economic development of Kazakhstan, highlighting its role in creating jobs and stimulating innovation. Yet, for small enterprises to reach their full potential, enhancing governmental assistance and eliminating present obstacles is essential. This will facilitate the better incorporation of small businesses into the broader national economy. Conclusions: The article explores the impact of small innovative entrepreneurship on the economy of Kazakhstan, analyzing government support measures and their effectiveness. The focus is on identifying barriers to growth and proposing strategies to enhance the contribution of small businesses to national economic development.

ИННОВАЦИОННОЕ ПРЕДПРИНИМАТЕЛЬСТВО

Currently, the issues of the innovative potential of enterprises, the development of innovative technologies, their implementation in human life and production, the digitalization of various phenomena and processes are coming to the fore in connection with the latest trends and changes in society and the state. The gradual formation and development of the global information space and the latest digital technologies is a factor in the development of such a phenomenon as innovative entrepreneurship. To begin with, we will talk about the relevance of this issue at the present time.
 It should be noted that in the era of the information society, almost all aspects of social and economic life are changing: methods of payment for goods and services, their delivery and provision, methods of interaction and communication of economic entities, methods of production. That is why the development and application of the latest digital technologies becomes a factor in ensuring the competitiveness of a commercial organization in the market. In turn, entrepreneurial activity by its essence involves the introduction of various innovations aimed at business development, creating conditions for entering new markets for goods and services, and their comprehensive promotion. We can say that the search for innovations and focus on their application in practice is, first of all, a certain tool for ensuring a high level of entrepreneurial activity with maximum economic benefit. The purpose of the study is to analyze innovative entrepreneurship as a factor in the development of the domestic economic system. In accordance with the goal, the tasks were:
 1. Characterize the concept of «innovative entrepreneurship».
 2. Analyze the main features, as well as factors for the development of innovative entrepreneurship.
 3. Characterize the key directions of formation and development, as well as models of innovative entrepreneurship in Russia.
 4. Develop proposals to stimulate innovative entrepreneurship in Russia with a view to its development.

Організаційний механізм забезпечення розвитку інноваційного підприємництва на засадах сталості

The article forms an organizational mechanism for ensuring the development of innovative entrepreneurship on the principles of sustainability. It is noted that the process of development of innovative entrepreneurship in Ukraine is complex due to the lack of effective tools, methods, means, levers and regulators of innovative development of economic systems. These elements are interrelated and comprise the innovation mechanism of the business entity. The conception of sustainable development is fundamental for studying the nature of development of innovative entrepreneurship (both an individual enterprise and the country’s economy as a whole), since it takes into account different directions of development, on the one hand, and provides for the use of various tools to ensure development, taking into account its components, on the other hand. The basic provisions and prerequisites for the formation of an organizational mechanism for ensuring the development of innovative entrepreneurship on the principles of sustainability are defined. It is noted that the development of innovative entrepreneurship depends on the conception of sustainable development, which takes into account various aspects of the activities of enterprises and their impact on society. In particular, the conception of sustainable development orients the business entity to ensure social responsibility, economical use of resources, respect for resources and their conservation, respect for the environment in which it operates, and increasing the level of environmental safety. It is concluded that the development of innovative entrepreneurship on the principles of sustainability and providing it with all the necessary resources is a determining condition for economic growth and transformation of the economic system of our country. The formed organizational mechanism for ensuring the development of innovative entrepreneurship on the principles of sustainability will allow to achieve equilibrium for participants in the innovation process under the following conditions: improving the quality of scientific potential; improvement of scientific and technical potential; formation of highly qualified productive forces; creation of an appropriate regulatory framework; attraction of investments in innovations; formation of a developed market innovation infrastructure.

Innovative Entrepreneurship Development in the Region: Challenges and Ways to Address Them

Innovative Entrepreneurship Development in the Region: Challenges and Ways to Address Them

THE ROLE OF STARTUP ACCELERATORS IN THE FORMATION AND DEVELOPMENT OF INNOVATIVE ENTREPRENEURSHIP

The research is dedicated to exploring the significant impact that startup accelerators have on the growth and development of innovative entrepreneurship. It examines how these accelerators support emerging businesses, particularly in the areas of technology and innovation. The study aims to critically analyse and articulate the integral role of startup accelerators in fostering AI-driven entrepreneurship, thereby contributing to a broader understanding of their impact on the innovation ecosystem. The research findings indicate that accelerator programs are instrumental in the growth of AI startups, contributing more than just financial aid. They offer crucial strategic advice, mentorship, and access to broad networks. A notable example is the success of AI startups like OpenAI, which have flourished under these programs, gaining substantial funding and high market valuations. This underscores the role of accelerator programs in fostering industry innovation and growth. AI-focused entrepreneurial ventures are expected to have a significant impact on the global economy and technological progress. By 2030, they are expected to contribute around 16 trillion USD to global GDP, primarily driven by productivity gains, personalisation and quality improvements. Innovation development policies, particularly in AI, have a profound impact on the global redistribution of human capital, particularly in terms of talent acquisition and innovation. Initiatives aimed at strengthening AI talent and facilitating visa processes are critical to attracting global talent, thereby boosting the innovative capabilities of these startups. The race for intellectual capital is predominantly among major players such as the US, China and the UK. The study provides valuable insights for entrepreneurs and investors, highlighting how accelerator programmes can effectively support startup growth and innovation, especially in emerging technology areas such as AI.

Public-private partnership as a tool to stimulate innovation in the scientific and technical sphere

In a market economy, it is important to improve the technology of work and the efficiency of resource management. One of the most effective ways to attract investments for their development is to use the mechanism of public-private partnership (PPP). PPP occupies an important place in the economy, affects the development of entrepreneurship, production, social sphere and modernization of the economy. With limited budgetary resources, PPP can also be considered as a new mechanism for attracting investments into the country's economy. In the article the authors tried to determine whether the interests of the state and entrepreneurship in the innovation sphere coincide to the greatest extent, and whether the joint resource power of the parties can contribute to the growth of priority sectors of the economy, increase the share of Kazakhstani goods and services in the foreign market of high-tech and knowledge-intensive products. In this regard, the authors propose a methodology and mechanism proving that the successful solution of innovative directions of entrepreneurship development in the regions of the Republic of Kazakhstan can be developed on the basis of the PPP mechanism. The implementation of innovation policy based on this idea and position is impossible without joint and coordinated work of the state and business sectors at all stages of the innovation process. The authors have comprehensively studied the role of the mechanism of public-private partnership in the innovative development of entrepreneurship. In addition, the modern conditions, when the financial and economic crisis has aggravated in the Republic of Kazakhstan, in which there are problems in the development of PPP, considered in the article deeply and comprehensively, are taken into account. A high level of management of innovation processes in private entrepreneurial structures functioning on the basis of PPP is envisaged as a mechanism for activation of innovative development of the country.

Assessment of the Role and Prospects for the Development of Regional Innovative Entrepreneurship (on the Example of the Volgograd Region)

Relevance. The development of innovative entrepreneurship is becoming increasingly important due to the increased level of competition in the markets of goods, works and services, the importance of solving the problems of maximum satisfaction of the needs of the population in high-quality goods and services. The success of solving these tasks depends on a number of factors, some of them act as barriers to the development of innovative entrepreneurship, some are necessary conditions. As for the first, it is important to develop measures to level and eliminate them, with regard to the second group of factors, it is important to create the conditions necessary for the fullest use of the potential of enterprises in this area.The purpose is to analyze and determine the impact and significance of regional innovative entrepreneurship, as well as to identify the prospects for the development of this sector in the Volgograd region.Objectives: to reveal the essence of the concept of "innovative entrepreneurship"; to give a forecast assessment of promising directions for the development of innovative entrepreneurship in the Volgograd region, including consideration of both the existing base and a set of measures aimed at supporting the development of this area in the region.Methodology. The method of theoretical analysis of the sources of the problem under study, the method of historical and logical analysis and assessment of the current situation, as well as the illustrative and graphic method are used.Results: the author's vision of the concept of "innovative entrepreneurship" is formulated; the key directions and measures to stimulate the development of innovative entrepreneurship in the region are identified; the main functions of the public authorities of the subjects of the Russian Federation for the development of innovative entrepreneurship in the regions are highlighted; the author's forecast assessment of the strategic prospects for the development of innovative entrepreneurship in the Volgograd region is presented; the most preferred directions for the development of innovative entrepreneurship in the Volgograd region, which require special attention from the regional public authorities, are formulated.Conclusion. The development of the Russian innovation potential is actively influenced by such factors as the state of the scientific and technical base of enterprises, sanctions restrictions, the system of state support measures.

INNOVATIVE DEVELOPMENT OF ENTREPRENEURSHIP IN THE CONDITIONS OF EUROPEAN INTEGRATION

Today, the concept of “innovative development of entrepreneurship” is gaining popularity in EU countries and the world. The innovative development strategy attracts the attention of scientists, entrepreneurs, investors, and business representatives. The innovative process of entrepreneurship development plays an important role in the modern economy. Creating appropriate incentives for the spread of innovative entrepreneurship in Ukrainian business is becoming one of the key tasks of the country’s economic development.

MAIN DIRECTIONS OF INNOVATIVE DEVELOPMENT OF THE COUNTRY'S ECONOMY

This article highlights the policy pursued in the country to develop the economy based on innovation, the role of science in innovation is substantiated, also the need for the development of innovative entrepreneurship and its tasks are justified.

ОСОБЛИВОСТІ РОЗВИТКУ ІННОВАЦІЙНОГО ПІДПРИЄМНИЦТВА В УКРАЇНІ В СУЧАСНИХ УМОВАХ

The article examines modern trends in the development of innovative entrepreneurship in Ukraine under modern conditions. The key characteristics and mechanisms of forming an ecosystem for the support and development of startups, the key directions of which are various initiatives, accelerators, and support funds, are given. The trends regarding the share of innovatively active enterprises by types of economic activity and the number of introduced types of innovative products have been determined. The features of the policy for the development of startups and innovative entrepreneurship for the purpose of increasing

The role of innovation in sustainable development and improving the competitiveness of business structures in Kazakhstan

The article analyzes innovative services introduced into the production of business structures in Kazakhstan to increase sustainable development. When forecasting the prospects for the development of business structures, the changes that oc-curred under the influence of the external environment were analyzed, production and technological aspects were substantiated. In the agricultural sector, the pro-duction of new innovative products on the basis of an innovative technological integration association of business structures increases the volume, quality and ef-ficiency of their production. As a result of studying the theoretical and methodical foundations for the for-mation and development of innovative entrepreneurship, the concept of "innova-tive-cooperative entrepreneurship" and "innovative-integration entrepreneurship" structures was developed, in the long term, the creation of new innovative produc-tion business structures was proposed. It was established that Ordabasy Kus LLP, based on innovative entrepreneurship, is the first innovative enterprise in Kazakhstan to apply a new approach to inno-vative management based on the constant search for new opportunities. This business structure allowed to increase the competitiveness of products and enterprises by output of new products, expanding the range of products, improving product quality, identifying distribution channels, and reducing costs through the introduction of dozens of new production, process, product and marketing innova-tions at their enterprises.

Corporate Social Responsibility as a Basis for Innovative Entrepreneurship Development

Corporate Social Responsibility as a Basis for Innovative Entrepreneurship Development

ПІДПРИЄМНИЦЬКИЙ ПОТЕНЦІАЛ РОЗВИТКУ АГРАРНОЇ СФЕРИ

The entrepreneurial sector is entrusted with a supporting role in saturating the market with goods and services, developing healthy competition, which puts the problem of forming entrepreneurial potential in a special place and shows the relevance of this issue in the research of modern science. The purpose of the work is to substantiate the organizational and economic foundations for the formation of entrepreneurial potential in the agrarian sphere. The objectives of the study include highlighting the aspects of structuring, effectiveness and existing dependencies in the development of the agrarian sector; the influence of socio-economic factors on the formation of entrepreneurial potential; substantiation of promising types of entrepreneurships in the agrarian sphere. Substantiation of the structural elements of the manifestation of the essence of the agrarian sphere, which influences the formation of entrepreneurial potential due to the effectiveness and existing dependencies in development, provided an opportunity to determine the promising directions of the development of the agrarian sphere. These include: the expansion of activities and production of new types of products, provision of various services, in particular financial, informational and advisory, as well as development of innovative entrepreneurship, oriented not only to the domestic sales market, but also to the global markets of agricultural products. The work focuses on the development of innovative entrepreneurship as a basis for strengthening the economic potential of rural areas. The components of the development of the system of innovative entrepreneurship as a basis for strengthening the economic potential of rural areas include: infrastructure development; generation of scientific knowledge and innovations; creation of a training system for innovative managers; motivation of labor in the agrarian sphere; investment support for innovative technological processes; use of the latest technologies; expansion of integration ties between subjects of economic relations. It has been proven that the implementation of organizational and economic measures for the development of various forms and types of entrepreneurship in the agrarian sphere will contribute to solving a number of problematic issues related to: increasing the level of employment and reducing migration processes; ensuring compliance with a high level of product quality and marketability; regulation and expansion of product sales directions; raising the level of awareness in financial and economic issues of entrepreneurship development by strengthening the scientific and educational environment; development of industrial and social infrastructure, as well as increasing the efficiency of their use.

Management of the development of innovative entrepreneurship in Russia

Management of the development of innovative entrepreneurship in Russia

Digital technologies in the work of a social enterprise

Introduction. The paper examines the peculiarities of the functioning of social enterprises in the conditions of new economic and social challenges in Ukraine. Under these conditions, social entrepreneurship is gaining more and more popularity. It is developing faster as an inevitable response to a difficult economic situation and an effective mechanism for overcoming them. The purpose of the paper is the justification of the need and further use of digital technologies in the activities of social enterprises: outlining the ways and providing recommendations for their use. Results. The essence of a social enterprise focused on achieving a social effect from its activity is studied. The components of a social enterprise are distinguished: social problem, social values, social goal, self-sufficiency, innovation, community involvement, social influence, and social effect. For a social entrepreneur, the primary criterion for success is "social influence". Modern challenges require social entrepreneurs to use the latest digital technologies to develop and maintain their businesses. The advantages of using digital technologies at the micro level are the automation of processes, increased labor productivity, professional and creative HR growth, the creation of innovative products, and reduced costs. Accordingly, at the macro level, these are the development of innovative entrepreneurship, cooperation with the international community of social entrepreneurs, participation in social entrepreneurship support programs, the opportunity to get a place with low competition, and the opportunity to find change-makers in the territory. A number of active programs to support the development of social entrepreneurship in Ukraine recommended by the Cabinet of Ministers of Ukraine are analyzed. Conclusions. The business component of social enterprises ensures their self-sufficiency and allows solving existing social problems. The use of digital technologies in the work of a social enterprise allows: optimizing enterprise costs, increasing the efficiency of business processes, elaborating production planning, improving customer service and taking a leadership position in the selected segment.

INNOVATIVE ENTREPRENEURSHIP AS A FACTOR OF THE DEVELOPMENT OF THE PROCESSING INDUSTRY

The development of modern innovative entrepreneurship is one of the main ways of Ukraine’s sustainable development. Innovations are a powerful tool that enhances its economic security and ensures competitiveness. Innovation is a driving factor in the development of both individual sectors of the economy and the entire economic system of any country. That is why the authors consider innovation as a factor in increasing the level of Ukraine’s competitiveness in the world market. The authors carried out a general assessment of the level of innovation in the domestic economy. The monitoring of the basic indicators of innovation was carried out based on a comparison of the positions of Ukraine and other European countries in world rankings, which characterizes innovative development. It was found that in 2021 Ukraine took 58th place in the Bloomberg Innovation Development Index. In 2022, it entered such rankings as the Global Innovation Index and the Networked Readiness Index, where it ranked 57 and 50, respectively. Ukraine lags far behind the advanced countries of Europe in the process of forming an innovative type of economic system. The authors found that the basis for ensuring the sustainable development of our state is the activity of processing industry enterprises. In recent years, the domestic processing industry brings about 10-11% of the total GDP. The authors note that it is advisable to define innovativeness as an extremely important and effective tool for improving the efficiency of the functioning of the business of the processing sector of the industry. The modern Ukrainian economy is characterized by the predominance of manufacturing enterprises with low-level technologies among the enterprises of the processing industry. For the period 2018-2020, the share of the number of innovatively active enterprises of the domestic processing industry was only 13.1%. However, despite the influence of various negative development factors, experts tend to believe that the development of innovative entrepreneurship in the processing industry, which will be based on the introduction of the latest innovative solutions in the production process, is important for the post-war recovery of Ukraine and strengthening its position in the world market.

Эволюция студенческого инновационного предпринимательства в России

All over the world, students are regarded as the most creative and driving force of innovative entrepreneurship. Technological entrepreneurship is an essential tool for the transition to innovative economic development. It is especially in demand in modern conditions, when the most sensitive and strategically significant blow to Russia is inflicted precisely in the technological plane. The purpose of the article is to analyze the evolution of student entrepreneurship in Russia in order to generalize the accumulated experience, identify promising areas for further development of youth innovations. Based on a significant historiographical analysis, the study of the documentary database, statistical data and qualitative content analysis of the official websites of nine universities, three main stages in the development of youth innovative entrepreneurship in Russia have been identified. The first stage is associated with the creation of student business incubators for the development of small innovative enterprises, the second - with an increase in the involvement of business incubators in the educational process, when universities begin to practice the protection of final qualifying work as startups, the third – with the beginning of the formation of a unified startup ecosystem of student technological entrepreneurship in Russia. The first results of the implementation of the federal project "Platform of University Technological Entrepreneurship" are summarized, achievements and problems are shown. Conclusions are drawn about the weak coverage of non-technical universities by innovative entrepreneurship, special attention is paid to new financial instruments aimed at commercializing the results of intellectual activity created in educational institutions and supporting student startups at earlier stages of development.

State Policy for the Development of Innovative Entrepreneurship: Experience of Ukraine

The article’s purpose is to analyze prospects for innovative development of entrepreneurship and generalize main directions of Ukraine’s state innovation policy. Research methods are: monographic analysis, system analysis, comparativelegal analysis, generalization, forecasting, etc. We substantiated the necessity for elaborating and implementing effective measures aimed at developing innovative entrepreneurship and increasing country’s innovative potential due to the improvement of legal tools of the state policy for developing innovative entrepreneurship. We emphasized that there is possibility to develop Ukraine’s potential of innovative entrepreneurship and strengthen commercialization of innovations due to the current legislation’simprovement, particularly through implementing European law norms into the national legal system. It is proven that the effective implementation of scientific technical progress achievements can occur only under condition of establishing cooperation between scientific and educational institutions and enterprises; due to well-chosen financial, organizational and regulatory measures to support innovations’ development and commercialization. It is concluded that formation of Ukraine’s modern innovation policyshould be based on the modernization of enterprises, active attraction of investments through participation in national and international projects, integration of information technologies into the production sphere and effective management solutions aimedat our state’s participation in global innovation processes.

СТРАТЕГІЧНІ ОБСТРУКЦІЇ В УПРАВЛІННІ РОЗВИТКОМ ІННОВАЦІЙНОГО ПІДПРИЄМНИЦТВА В ЗАКАРПАТСЬКОМУ РЕГІОНІ

AbstractThe article presents the obstacles to the development of innovative entre-preneurship as a strategic factor in the development of the regional economy of the Transcarpathian region. Obstructions, as well as positive factors, are the object of strategic management of the development of the region and the building of strategic competitiveness, which should be systematized in the following directions. The first ‒ the analysis of quantitative indicators that provide extensive characteristics of innovative activity in the region – indicates a reduction in the number of innovatively active enterprises. The reason for the reduction is the state and regional management ignoring the vital needs of entrepreneurs for institutional and financial support, which ensures the transformation of innovative activity into a strategic competitive advantage. In addition, there is a decrease in the rate of growth of the volumes of innovative products sold. This trend was influenced by the decrease in the number of innovatively active enterprises in the region, that is, the first reason. In addition, as a factor inhibiting the production of innovative products, it is possible to note the underdevelopment of solvent demand for innovative products.The next direction of the analysis of obstacles − the study of the investment climate and investment attractiveness of innovative business in the region − reveals low investment activity and reduction of costs in the field of innovative activity. The reasons for low investment activity are outlined as follows: the high cost of loans in Ukraine, which significantly complicates the financial activity of businesses and worsens the final financial results; lack of mechanisms for attracting public funds (crowdfunding and other methods); general investment climate in Ukraine and its regions. It is appropriate to consider that the investment climate is a more important component of strategic management in the region and the state.The third direction of the study of obstacles is the identification of the development of scientific activity and, accordingly, its impact on innovation activity. Within the framework of the analysis, a reduction in the number of people employed in the field of scientific and research work was determined, which is attributed to the lack of real state support for scientific activity.Among the ways of improving innovative entrepreneurship, it is recommended to highlight the development and implementation of the state strategy of innovative activity, which will provide financial and investment support for innovative business; impro-vement of strategic management of innovation activity in the region, formation of a regional innovation system; support of scientific activity in the region, etc.Keywords: innovative entrepreneurship, strategic development, region, strategic management, strategic competitiveness, development factors.

РОЛЬ МАЛЫХ ПРЕДПРИЯТИЙ В РОССИЙСКОЙ ИННОВАЦИОННОЙ СИСТЕМЕ

At present, the development of small and medium-sized businesses is one of the priorities of the state's economic policy. The transformation of advanced scientific and technical developments into a commercial product is facilitated, among other things, by small innovative enterprises. The article tells about the importance of small business in the formation of the innovative sector of the economy, considers the functions that are assigned to small business, the main indicators of the innovative activity of small enterprises and aspects related to the prospects for the development of innovative entrepreneurship in Russia.