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ANALYSIS OF INNOVATIVE ACTIVITY OF SMALL ENTERPRISES IN RUSSIA

T. Dubrova, A. Ermolina

First published: 2017https://doi.org/10.5593/sgemsocial2017/15/S05.011View metrics

Abstract

The innovative potential of Russian small business is not completely realized that is indicated by the comparison of its innovative activity with small entrepreneurship in many developed countries. The development of measures to support and stimulate the activity of small enterprises in Russia is attended, and the priority task is the search for mechanism to increase the participation of small enterprises in innovative transformations of economy. The aim of this research is to analyze development factors of small enterprises innovative activity in Russia considering substantial regional differentiation. The conducted analysis was based on the data of Federal State Statistics Service representing the results of the survey of small enterprises innovative activity as well as the characteristics of socio-economic development of Russian regions. Multivariate statistical methods were applied. Principal component analysis was used to estimate the level of the development of small enterprises innovative activity. Discriminant analysis and logistic regression with further comparison of its results measured the influence of socio-economic characteristics of Russian regions on the level of small enterprises innovative activity. Among tested socio-economic characteristics of Russian regions the expenditures on technological innovations of large and medium-sized enterprises, the indicators of populationВ’s educational potential, the level of ICT development and the populationВ’s standard of living had a significant impact on the level of small enterprises innovative activity development. The comparative analysis of the results of applied logistic regression and discriminant analysis showed high degree of their consistency and indicates appropriate predictive probabilities of the models. The innovative activity of small enterprises in Russia is influenced by the complex of factors characterizing scientific, technological and socio-economic regional development. The analysis allowed revealing key factors of small enterprises innovative activity growth and showed the necessity of targeted support of small business innovative activity considering regional features.

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Publication details

Title
ANALYSIS OF INNOVATIVE ACTIVITY OF SMALL ENTERPRISES IN RUSSIA
Authors
T. Dubrova, A. Ermolina
Proceedings
4th International Multidisciplinary Scientific Conference on Social Sciences and Arts SGEM 2017
Publisher
STEF92 Technology
Year
2017
Pages
83-90
SWS Citekey
Dubrova201758390
ISSN
2367-5659
ISBN
978-619-7408-17-1
Language
en
Publication type
Proceedings Paper
Keywords
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