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Foreign experience in the implementation of innovative technologies in small and medium-sized businesses in new market conditions

Author

Listed:
  • Rastopchina Yu.L.

    (Belgorod State National Research University)

  • Rozhanskaya Anastasia G.

    (Belgorod State National Research University)

  • Orlova Valeria A.

    (Shukhov Belgorod State Technological University)

Abstract

The article presents the results of a study of foreign experience in the implementation of innovative technologies in small and medium-sized enterprises. An overview of state support institutions and forms of stimulating innovation activity in the USA, Japan, France, Germany, Canada, and the United Kingdom was presented. The result of a comparative review of the directions of state support in these countries is the identification of similar methods of supporting small and medium-sized innovative entrepreneurship. The Russian problems of innovative development of small and medium-sized enterprises are identified, in particular, instability of Russian legislation, high taxes, corruption, lack of financial resources, high initial costs for business organization, saturation of sales markets, uneven development of regions, a pandemic. Modern innovative marketing technologies that allow increasing the market share and income of small and medium-sized enterprises are highlighted.

Suggested Citation

  • Rastopchina Yu.L. & Rozhanskaya Anastasia G. & Orlova Valeria A., 2022. "Foreign experience in the implementation of innovative technologies in small and medium-sized businesses in new market conditions," Research result. Economic Research, Belgorod State University, vol. 8(2), pages 23-31.
    • Handle: RePEc:eul:rrecon:v:8:y:2022:i:2:p:23-31
    DOI: 10.18413/2409-1634-2022-8-2-0-3
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