Small and medium enterprises in the context of regional development and innovations
The current state of economic development and innovations’ support often brings small and medium enterprises (SMEs) at the forefront of government fiscal policy. Various policy measures targeted at SMEs’ support and development necessarily include measures on promotion of innovations within small bu...
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| Format: | Article |
| Language: | English |
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Centre of Sociological Research, Szczecin
2017-12-01
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| Series: | Journal of International Studies |
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| Online Access: | http://jois.eu/?392,en_small-and-medium-enterprises-in-the-context-of-regional-development-and-innovations |
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| _version_ | 1849467857272832000 |
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| author | Gulnara Ruchkina Marina Melnichuk Svetlana Frumina Grzegorz Mentel |
| author_facet | Gulnara Ruchkina Marina Melnichuk Svetlana Frumina Grzegorz Mentel |
| author_sort | Gulnara Ruchkina |
| collection | DOAJ |
| description | The current state of economic development and innovations’ support often brings small and medium enterprises (SMEs) at the forefront of government fiscal policy. Various policy measures targeted at SMEs’ support and development necessarily include measures on promotion of innovations within small business. However, despite substantial efforts undertaken by the authorities to increased financial injections into this area, development of innovations by small businesses faces many obstacles. Statistics on the registered small and medium enterprises shows that the sharp rise of entrepreneurship observed in the early 1990s changed for the stagnation towards the end of the decade and sluggish dynamics of the present time. Unfortunately, as practice shows, measures taken so far do not stimulate significant changes in the development of small business. Moreover, differentiation of small businesses between regions is only increasing, as it is manifested through substitution of divergence for convergence. Our paper analyzes the legal framework regulating small business development as well as state of innovations within SMEs so that to identify the main indicators contributing to sustainable regional economic growth. |
| format | Article |
| id | doaj-art-e0b9b2417c7f446983d81d3b1c5420b4 |
| institution | Kabale University |
| issn | 2071-8330 2306-3483 |
| language | English |
| publishDate | 2017-12-01 |
| publisher | Centre of Sociological Research, Szczecin |
| record_format | Article |
| series | Journal of International Studies |
| spelling | doaj-art-e0b9b2417c7f446983d81d3b1c5420b42025-08-20T03:26:00ZengCentre of Sociological Research, SzczecinJournal of International Studies2071-83302306-34832017-12-0110410.14254/2071-8330.2017/10-4/20Small and medium enterprises in the context of regional development and innovationsGulnara Ruchkina0Marina Melnichuk1Svetlana Frumina2Grzegorz Mentel3Financial University under the Government of the Russian FederationFinancial University under the Government of the Russian FederationFinancial University under the Government of the Russian FederationRzeszow University of TechnologyThe current state of economic development and innovations’ support often brings small and medium enterprises (SMEs) at the forefront of government fiscal policy. Various policy measures targeted at SMEs’ support and development necessarily include measures on promotion of innovations within small business. However, despite substantial efforts undertaken by the authorities to increased financial injections into this area, development of innovations by small businesses faces many obstacles. Statistics on the registered small and medium enterprises shows that the sharp rise of entrepreneurship observed in the early 1990s changed for the stagnation towards the end of the decade and sluggish dynamics of the present time. Unfortunately, as practice shows, measures taken so far do not stimulate significant changes in the development of small business. Moreover, differentiation of small businesses between regions is only increasing, as it is manifested through substitution of divergence for convergence. Our paper analyzes the legal framework regulating small business development as well as state of innovations within SMEs so that to identify the main indicators contributing to sustainable regional economic growth.http://jois.eu/?392,en_small-and-medium-enterprises-in-the-context-of-regional-development-and-innovationssmall and medium enterprisesregional developmentinnovationsstate supporteconomic growth |
| spellingShingle | Gulnara Ruchkina Marina Melnichuk Svetlana Frumina Grzegorz Mentel Small and medium enterprises in the context of regional development and innovations Journal of International Studies small and medium enterprises regional development innovations state support economic growth |
| title | Small and medium enterprises in the context of regional development and innovations |
| title_full | Small and medium enterprises in the context of regional development and innovations |
| title_fullStr | Small and medium enterprises in the context of regional development and innovations |
| title_full_unstemmed | Small and medium enterprises in the context of regional development and innovations |
| title_short | Small and medium enterprises in the context of regional development and innovations |
| title_sort | small and medium enterprises in the context of regional development and innovations |
| topic | small and medium enterprises regional development innovations state support economic growth |
| url | http://jois.eu/?392,en_small-and-medium-enterprises-in-the-context-of-regional-development-and-innovations |
| work_keys_str_mv | AT gulnararuchkina smallandmediumenterprisesinthecontextofregionaldevelopmentandinnovations AT marinamelnichuk smallandmediumenterprisesinthecontextofregionaldevelopmentandinnovations AT svetlanafrumina smallandmediumenterprisesinthecontextofregionaldevelopmentandinnovations AT grzegorzmentel smallandmediumenterprisesinthecontextofregionaldevelopmentandinnovations |