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Institutional problems of innovative development and small businesses


Natalyya Rasskazova, Aleksandr Grischenkov, Liliya Saakova
(about the authors)

Rasskazova Natalyya Valeryevna – Cand. of Econ. Sci., Associate Professor, Chair of Economic Theory, Penza State Pedagogical University n.a. V.G. Belinsky

Grischenkov Aleksandr Ivanovich – Cand. of Econ. Sci., Associate Professor, Head of Chair, Professor, Chair of Marketing, Bryansk State University n.a. Academician I.G. Petrovsky

Saakova Liliya Valerianovna – Applicant, Chair of Marketing Saint-Petersburg State University of Economy and Finance

Published in:
Creative Economy
– № 2 / February, 2011



Keywords: creativity, economical institution, innovative economy, smallbusinesses


Citation:
Natalyya Rasskazova, Aleksandr Grischenkov, Liliya Saakova (2011). Institutional problems of innovative development and small businesses. Creative Economy, 5(2), 19-24. — url: http://bgscience.ru/com/lib/598


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Abstract:

Formation and development of innovative economy is defined by the presence of institutional environment corresponding to the given type of evolution. One of the institutions ensuring innovative development are small business. The main characteristic of small business is creativity, which allows reacting fast on changing state of market, exploring new market niches, implementation of innovative production technologies.








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8. Bannock G. The economics and management of small business: an international perspective. – London; New York: Routledge, 2004 – XIV.

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